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Rice Investors Laud FG’s Import Quota Policy

by on January 23, 2015
 

The Nigerian Rice Investors’ Group has lauded the import quota allocation given to rice investors in the country as a step in the right direction.

The group, which addressed the press in Abuja, said the rice import quota policy of the federal government was geared towards self-sufficiency in rice production in the country, noting that this was the first time import quota was being allocated to the right people with verifiable investments in rice production.

Former minister of justice and Attorney General of the Federation, and secretary, Rice Processors Association of Nigeria (RIPAN), Michael Aondoakaa, said prior to the emergence of President Goodluck Jonathan’s administration nobody had ever wondered who gets what quota, explaining that many people had witnessed the old system where some highly connected people influenced the rice quota allocation. He said this administration made sure the allocation went to rice farmers with visible investments.

The president of the Nigerian Rice Investors Group and managing director of Elephant Group, Tunji Owoeye, said the rice policy of the present administration is visible for all to see.

“If you travel through Zamfara, Niger, Benue, Sokoto and many other states in the country, you will see vast plantations of rice in the last two year. We have also seen some of our members who were traders make huge investments in local rice production. We have seen increase in employment and value creation in the rice sector,” he said.

Source: Daily Independent

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