Price Of Rice Hits N35k Per Bag, Two Weeks After Buhari’s Unveiling Of Rice Pyramids

President Muhammadu Buhari unveiled rice pyramids in Abuja to tell Nigerians the country is self-sufficient

After the unveiling, the price of rice hit the roof, making people believe the unveiling was a charade, Some analysts believe the unveiling was staged while others believe the increase in the price of rice is a general inflation trend

President Muhammad Buhari unveiled rice pyramids in Abuja, to show Nigerians the strides his government is making in ensuring food security in Nigeria and that the country is self-sufficient in rice production, a statement Buhari and his supporters have continued to mouth.

Prior to the unveiling of the pyramids, a video surfaced on social media of a woman waltzing through the pyramids exuding confidence in the strides of Buhari’s administration.

 “Everyone should come and see this. This is marvellous. This is wonderful. I have been hearing about it over the last few weeks and today, I am so delighted to see this. This is the good work of President Muhammadu Buhari”

But soon after the launch and unveiling, rice disappeared from the markets in Nigerian and where available, the prices became very exorbitant.

Others said that the increase in the price of the commodity is due to a general inflation trend across the country and in the world.