Breaking News: FG Launches Sale of 50kg Bags of Rice at N40,000
The Federal Government has begun distributing additional 10 trucks of 50kg rice bags to every state, with the rice available for purchase at N40,000 per bag at designated locations.
Minister of Information and National Orientation, Mohammed Idris, shared during a Council meeting that this initiative aims to reduce poverty and address the high cost of living. He emphasized that the Federal Executive Council (FEC) believes many of the issues raised by protesters are being addressed by the government, suggesting that further protests may no longer be necessary.
Idris stated, “The President has been responsive to the concerns of those planning the protests, and significant efforts are being made to address their needs. For instance, the government is working to make food more accessible, including the recent distribution of 20 trucks of rice to state governors for those in need.”
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He continued, “Currently, rice is being sold at 50% of its market value, with each 50kg bag priced at N40,000. This rice has been distributed to various centers across all states where it is available for purchase. While these measures are a crucial start, the government acknowledges that more extensive interventions are needed and will continue to work towards additional support.”
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