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With an average yield of 6.7 metric tonnes per harvest, Ebonyi State is Nigeria's largest rice producer. [17] Historically, Abakaliki rice was a vital export commodity. Rice export from Abakaliki to Ghana in 1965 is estimated to have fetched approximately £3 million for the eastern region government under Dr. Michael Okpara. [18]
In 2017, the Nigerian Senate voted to amend the 1992 Act, [5] in renaming the agency as the Nigerian Tourism Development Authority and, among other things, allow it to set up a tour operating company, named National Travel Bureau, that would offer services within and outside Nigeria. The act places the tour operator under "private-sector ...
The Imota rice mill is an agricultural plant in Ikorodu, a suburb of Lagos, Nigeria. It was built in 2021 and was inaugurated in 2023 with the commencement of full production. It was built in 2021 and was inaugurated in 2023 with the commencement of full production.
The cost of rice, a staple food in Nigeria, has surged in recent months. It is now priced at over N70,000 ($47.60) per 50kg bag, compared to a range of 45,000 to 50,000 naira previously.
Until now, Nigeria exported unhusked rice but had to import husked rice, the country's staple food. - The rice mill in Imota, near Lagos, is intended to handle the corresponding processing at home, improve the balance of trade and the labour market, and save unnecessary costs for transport and middlemen. When fully operational at the end of ...
U.S. President-elect Donald Trump on Saturday demanded that BRICS member countries commit to not creating a new currency or supporting another currency that would replace the United States dollar ...
Nigeria's inflation rate rose to 15.63 per cent in December 2021 compared to 15.40 per cent in November, the National Bureau of Statistics announced on January 17, 2022. The statistics office said the prices of goods and services, measured by the Consumer Price Index, increased by 15.63 per cent in December 2021 when compared to December 2020.
President-elect Donald Trump listens to Elon Musk as he arrives to watch SpaceX's mega rocket Starship lift off for a test flight from Starbase in Boca Chica, Texas, Tuesday, Nov. 19, 2024.