Rice is one of the most-consumed staples in Nigeria with consumption per capita of 32 kilogrammes (kg), says PricewaterhouseCoopers (PwC), a multinational professional services network.
Given its importance, boosting its production has been accorded high priority by the government. So far, significant progress has been made with increase in local rice production.
The efforts are starting to yield results, and Nigeria is now producing 3.7 million tonnes of rice annually, according to the US Department of Agriculture, World Markets and Trade.
But the nation consumes almost seven million tonnes a year. To boost food security, the government has curbed…