Price of Rice Hits N32,000 Two Weeks After Buhari Unveils Rice Pyramids

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On January 18, 2022, President Muhammadu Buhari unveiled rice pyramids in Abuja to tell Nigerians the country has become self-sufficient in rice production.

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.

Source: Dailygist.naija

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