Subsidy: LASG disburses N1.04 Bn on LAKE rice production in 17 months

 
Thu May 17th, 2018 - Kebbi
 

As part of efforts aimed at sustaining food sufficiency and food security, Lagos State Government said it has disbursed a sum of N1,049,140,395.00 as subsidy on LAKE Rice production from December 2016 till date.

Commissioner for Agriculture, Mr. Oluwatoyin Suarau, who disclosed this yesterday, in Alausa, Ikeja, while briefing newsmen on the activities of the ministry in the last one year, noted that LAKE Rice which is being sold at a highly subsidized rate of N12, 000 per bag of 50kg, has forced the skyrocketing prices of rice to crash in the country.

According, “The state Government has subsidized LAKE Rice under this review period with N1, 049, 140, 395.00. This is targeted towards ensuring food sustainability and food security in the state, thereby, making Lake rice a national brand.”

Suarau explained that the subsidy includes: Cost of transportation, bagging and difference in cost price of the rice from other brands. He added that a total of 150 marketers and other ancillary service providers have been empowered through the sales of LAKE Rice.

The Commissioner while restating the commitment of the Governor Akinwunmi Ambode led administration to boost the production of rice disclosed that the State government has completed an agreement to acquire and establish a 32 tonnes per hour rice mill with AG (“Bühler”), a leading rice-mill producer in the world, stressing that the establishment of the rice mill is targeted at enhancing food security and creating employment in the State.

Suarau said, “It is estimated that the partnership would facilitate the creation of 274,000 jobs across the agriculture value chain, and will also bring about the cultivation of 32,000 hectares of farm land to produce rice paddy, equating to an estimated 130million Kg of processed rice per year which is an equivalent of 2.6milion 50kg bags of rice.”

The Commissioner noted that the establishment of the state-of-the-art rice mill would serve as a platform for Lagos to partner with other South-West States aside the existing collaboration with Kebbi State.

This he added that this is in consonance with the region’s resolve towards achieving economic integration, ensure that adequate rice is supplied to the 32 metric tonnes per hour rice mill and make provision for empowerment programmes for farmers across all the value chains of Agriculture.

He stated that the commitment of the State government towards the attainment of food security depended largely on cooperation of every resident of the State, stressing that food security and hygienic environment occupies the front burner of the present administration’s plans to facilitate job and wealth creation as well as reduce poverty in the state.

The Commissioner disclosed further that a total of 1,500 farmers and marketers across the Five administrative divisions of the State had been empowered, adding that the Agric Youth Empowerment Scheme has trained over 600 youths in various agricultural enterprises such as poultry, fishery and crop production.

“The State government has also provided 12 units of coconut processing equipment for coconut processors in the State and this include Stainless two ton per hour coconut greater, 7.5 H.P Electric motor, Industrial burners, Aluminium bowls and spoon among other equipment”, Suarau added.

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source: Vanguard