{"id":25505,"date":"2020-10-06T15:02:16","date_gmt":"2020-10-06T14:02:16","guid":{"rendered":"http:\/\/thefreezonechannel.com\/?p=25505"},"modified":"2020-10-06T15:02:16","modified_gmt":"2020-10-06T14:02:16","slug":"farmers-attribute-price-hike-in-rice-to-coming-festivals","status":"publish","type":"post","link":"https:\/\/thefreezonechannel.com\/old\/farmers-attribute-price-hike-in-rice-to-coming-festivals\/","title":{"rendered":"Farmers attribute price hike in rice to coming festivals"},"content":{"rendered":"\n<p><strong>By Anthony Areh<\/strong><\/p>\n\n\n<p>The Rice Farmers Association of Nigeria (RIFAN) has attributed the recent hike in the price of locally processed rice to the upcoming festive season, vendors and off-takers.<\/p>\n\n\n<p>&nbsp;The Deputy National President of RIFAN, Mr Segun Atho, said on Tuesday in Lagos that many rice vendors were stocking the commodity ahead of the Yuletides.<\/p>\n\n\n<p>\u201cThe recent hike in the price of locally processed rice is seasonal because so many rice vendors are stocking for the upcoming festive season.<\/p>\n\n\n<p>\u201cThis is the peak period for the sales of rice because we are heading toward December.<\/p>\n\n\n<p>\u201cEvery trader will like to maximise profits during the Yuletide.\u2019\u2019<\/p>\n\n\n<p>He said that when December or any festive period is approaching, most foodstuff sellers used to jerk up the prices of their food items.<\/p>\n\n\n<p>\u201cIt is a recurrent issue and not the fault of local farmers.<\/p>\n\n\n<p>\u201cThe off takers and suppliers of local rice should be held responsible for the recent hike in the cost of locally processed rice.\u2019\u2019<\/p>\n\n\n<p>Atho said that the members of his association were still producing local rice for the country and had never stopped for one day.<\/p>\n\n\n<p>\u201cBeing in the primary sector of production, we hope that in the nearest future, the prices will stabilise.\u201d<\/p>\n\n\n<p>The farmer also appealed to the government to help regulate the price of local rice by subsidising the commodity for the populace.<\/p>\n\n\n<p>He called for a Guaranteed Minimum Price (GMP) for the commodity while calling for government\u2019s assistance in mechanised land clearing for local rice farmers.<\/p>\n\n\n<p>He said that such an assistance would help in reducing the cost normal incurred through local production of rice.<\/p>\n\n\n<p>\u201cWe have been making appeals to the government to step into the situation to ensure that food prices become more affordable.<\/p>\n\n\n<p>\u201cThere should be subsidy in food prices to cushion the effects of the price hike. Other countries do it, and our government should take a cue from them.<\/p>\n\n\n<p>\u201cLocal rice farmers in the southern part of the country want the government to assist them in land clearing for cultivation.\u2019\u2019<\/p>\n\n\n<p>Atho said that such would help to reduce the price hike, adding that it was costing them so much to clear land for cultivation.<\/p>\n\n\n<p>\u201cUsing cutlasses and hoes to clear our farms before cultivation cannot boost local rice production.<\/p>\n\n\n<p>\u201cWe need the government to assist us in mechanising the process, especially, in the southern part of the country.<\/p>\n\n\n<p>\u201cWe also need to adopt the GMP as farmers to aid an regulate local rice price across the country, so that farmers will not sell above the benchmark price.<\/p>\n\n\n<p>\u201cThe government can also help to regularise the price by buying-up all that rice farmers will produce and sell to the public at subsidised price.\u201d<\/p>\n\n\n<p>He called on more people to venture into agriculture to help regulate the prices of food items.<\/p>\n\n\n<p>\u201cThe youth, women and men should be involved in agriculture: the more, the merrier\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Anthony Areh The Rice Farmers Association of Nigeria (RIFAN) has attributed the recent hike in the price of locally processed rice to the upcoming festive season, vendors and off-takers. &nbsp;The Deputy National President of RIFAN, Mr Segun Atho, said on Tuesday in Lagos that many rice vendors were stocking the commodity ahead of the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12286,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[296,126],"tags":[300],"class_list":["post-25505","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-social-economic","category-trade-and-industry","tag-rice","has-post-title","has-post-date","has-post-category","has-post-tag","has-post-comment","has-post-author",""],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.7 - 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