AreaNigeria

Commodity GroupRice

CommodityAll

Date06/02/2024

Policy CategoryConsumption and marketing

Policy InstrumentFood subsidies, stock release

DescriptionOrdered the immediate release of 102 000 tonnes of cereals from stockpiles, in order to tame increases in domestic prices. Rice would constitute close to 60 000 tonnes of this volume, which would be provided by the Rice Millers Association of Nigeria.