• About Us
  • Privacy Policy
  • Contact Us
PEOPLE'S PEN 24
  • Home
  • News
    • All
    • International
    • National
    images (17)

    Edo Shuts Schools Over Security Threats

    download (73)

    Police Foil Abduction As Bandits Disrupt WAEC In Kogi, Kill Vice Principal

    images (16)

    Rising Insecurity: Sharia Council Demands Urgent Govt Action

    images (15)

    Resume Work In 72 Hours Or Face EFCC, Umahi Tells Contractors

    images 2024 03 19T220232.952

    Senate Seeks Ban On Textile Imports

    images (11)

    Ibadan Visit: Nobody Can Stop Me From Going Anywhere In Nigeria – Sheikh Gumi

    Trending Tags

    • kano market
    • Edo election
    • Electricity
    • Dollars
    • President Tinubu
  • Politics
  • Agriculture
  • Health
  • Education
  • Sports
  • Opinion
  • Climate
  • Business
  • About Us
    • Privacy Policy
    • Contact Us
  • More
    • Currency Converter
No Result
View All Result
  • Home
  • News
    • All
    • International
    • National
    images (17)

    Edo Shuts Schools Over Security Threats

    download (73)

    Police Foil Abduction As Bandits Disrupt WAEC In Kogi, Kill Vice Principal

    images (16)

    Rising Insecurity: Sharia Council Demands Urgent Govt Action

    images (15)

    Resume Work In 72 Hours Or Face EFCC, Umahi Tells Contractors

    images 2024 03 19T220232.952

    Senate Seeks Ban On Textile Imports

    images (11)

    Ibadan Visit: Nobody Can Stop Me From Going Anywhere In Nigeria – Sheikh Gumi

    Trending Tags

    • kano market
    • Edo election
    • Electricity
    • Dollars
    • President Tinubu
  • Politics
  • Agriculture
  • Health
  • Education
  • Sports
  • Opinion
  • Climate
  • Business
  • About Us
    • Privacy Policy
    • Contact Us
  • More
    • Currency Converter
No Result
View All Result
PEOPLE'S PEN 24
No Result
View All Result
Home News

FG Begins Sale Of 50kg Rice For N40,000

Peoplespen.com by Peoplespen.com
July 30, 2024
in News
0
0
images 2024 07 30T071551.841

images 2024 07 30T071551.841

0
SHARES
6
VIEWS
Share on FacebookShare on Twitter

 

The Federal Government on Monday said it had created centres across the country where Nigerians can purchase a 50kg bag of rice for N40,000.

The Minister of Information and National Orientation, Mohammed Idris, revealed this on Monday while briefing correspondents on the outcome of the Federal Executive Council meeting presided over by President Bola Tinubu at the State House, Abuja.

Idris said this was one of several initiatives by the Tinubu administration to ease living conditions for citizens.

Therefore, he argued that the nationwide protests scheduled to begin on August 1 were unnecessary since “President Tinubu is already protesting on behalf of the people.”

The minister also argued that all the demands of the protest organisers were being met.

“The position of the FEC is that most of the demands that the protesters are making are actually being addressed by the Federal Government and, therefore, it is the view of the government that there is really no need for the protests again.

“Most of the things that the protesters are putting forward are already being addressed by the government. And like we have said repeatedly, this is a listening government.

“The President has listened to the voices of all planning this protest. And the message is that there is no need for it. Indeed, the President is already protesting on their behalf by doing what they want the government to do,” said Idris.

He enumerated the recent efforts by the FG which distributed 740 trucks of grains to states, announcing that 50kg bags of rice can now be obtained for N40,000 at designated centres nationwide.

Idris said, “For example, at the last Council meeting, we announced that 20 trucks had been given to each state governor for onward distribution to those who actually needed them, to the poorest of the poor in society.

“But the government did not stop. Rice is also being sold at about 50 per cent of its cost; a bag of rice is being sold as we speak. This rice has been taken to various centres across all the states of the federation and is being sold at N40,000. Centres have been created so that those who need this rice can go there and buy this rice at N40,000.

“In the first instance, about 10 trucks have been made available to each of these states; indeed, this is just the beginning. I know that some of the comments you hear is that it is never enough. The government has not pretended that these supplies are indeed enough. But these are necessary first steps that are being made and more of such interventions are being made in the interim.”

He said the FG expects the price of food items to reduce since “the rainy season is here.”

“We expect that the prices of food items will come down as investments are also being made in traditional agricultural production and irrigation activities in many of these states in the federation,” Idris added.

The minister cited the student loan scheme the expected disbursement of CNG kits as part of efforts to ease the cost of living.

However, he blamed unavoidable logistical impediments for the delay in the rollout of the CNG buses.

“Already, some of these buses have been imported. Some of the conversion kits are already available. The conversion centers are already beginning to get active.

“The delays are largely because you don’t just go to the market and get these things off the shelves.

“First, the procurement processes have to be followed. And then, of course, you have to place an order for them. It is envisaged that as we make the transition from fossil fuels to renewables, there is going to be a reduction of over 60 per cent in the cost that people put in transportation,” he explained.

Meanwhile, Minister of Interior Olubunmi Tunji-Ojo argued that the 13-month-old administration has made significant gains for its age.

He emphasised that removing the fuel subsidy is a crucial step in addressing long-term issues in Nigeria’s energy sector.

Tunji-Ojo noted the new policies promoting local trade in crude oil and refined products, which he believes will attract investments, create jobs, and enhance Nigeria’s energy independence.

He also highlighted the unification of exchange rates as a factor in improving economic predictability, fostering foreign direct investment, and supporting local government autonomy, saying it ultimately drives grassroots development.

Senate President Godswill Akpabio who addressed journalists after the signing of the minimum wage bill also warned against anarchy saying the government cannot afford rebuilding damaged infrastructure.

“You have a right to protest. But you don’t have a right to destabilise the country. The right to protest should not be turned into the right to unleash violence. It’s very clear that people who are behind this are very amorphous, very faceless. So what it means is people are preparing to loot and go around and do all sorts of things.

“Where we are today was not caused by one year’s administration. It is the outcome of years of insecurity. So my appeal to the Nigerian youth is do not allow any group to mislead you politically. People who probably do not have their fortunes in 2023 election are thinking they can come through the back door and that will amount to anarchy.

“Any destruction of any property will cause Nigeria money. We don’t have the money. Instead, let’s put the money in developing you and developing your environ instead of going to rebuild,” Akpabio stated.

 

 

 

Tags: FGRice
Previous Post

Retired Hajj Administrators Call for Transparent in Hajj Policy

Next Post

NIN: Reactivate Barred Lines, NCC Orders Telcos As Protest Looms

Next Post
download 2024 02 28T212623.275

NIN: Reactivate Barred Lines, NCC Orders Telcos As Protest Looms

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
Dr. Abdullahi Umar Ganduje

Ganduje’s Strategic Leadership Positions APC for 2027 Victory

March 4, 2025
IMG 20250509 WA0029

Under Ganduje, APC Becomes a Magnet for Defectors

May 12, 2025
495840469 4047623688852918 293803683686153039 n

Ganduje Offers Permanent and Pensionable Employment to 20 Youth from Kano LGAs

May 7, 2025
FB IMG 1748966803301

Dr. Ganduje Undertakes Hajj Amid Rising Political Influence

June 4, 2025
Professor Isaq Oloyede, Registrar JAMB

UTME 2024: No Plan to Increase Registration Fee, Jamb says

0
Minister of FCT, Nyesom Wike

Wike Approves N13. 1 bn to Finance Education in FCT

0
Akpabio Declares Umahi, Giadam's, seats vacant

Akpabio Declares Umahi, Giadam’s, seats vacant

0

Kano Guber: Accept Supreme Court Verdict, NAKSS tasks NNPP, APC

0
images (31)

Gov Yusuf Assures Kano Pilgrims Of Smooth Return As Airlift Will Soon Commence

June 11, 2026
FB IMG 1781095640409 1170x680

Emir Sanusi Performs Mini Durbar For EU Delegation

June 11, 2026
images (17)

Edo Shuts Schools Over Security Threats

June 10, 2026
download (73)

Police Foil Abduction As Bandits Disrupt WAEC In Kogi, Kill Vice Principal

June 10, 2026
images (31)

Gov Yusuf Assures Kano Pilgrims Of Smooth Return As Airlift Will Soon Commence

June 11, 2026
FB IMG 1781095640409 1170x680

Emir Sanusi Performs Mini Durbar For EU Delegation

June 11, 2026
images (17)

Edo Shuts Schools Over Security Threats

June 10, 2026
download (73)

Police Foil Abduction As Bandits Disrupt WAEC In Kogi, Kill Vice Principal

June 10, 2026
images (16)

Rising Insecurity: Sharia Council Demands Urgent Govt Action

June 10, 2026
images (15)

Resume Work In 72 Hours Or Face EFCC, Umahi Tells Contractors

June 10, 2026
Loading...
11 Jun · CurrencyRate · USD/NGN
CurrencyRate.Today
Check: 11 Jun 2026 08:20 UTC
Latest change: 11 Jun 2026 08:11 UTC
API: CurrencyRate
Disclaimers. This plugin or website cannot guarantee the accuracy of the exchange rates displayed. You should confirm current rates before making any transactions that could be affected by changes in the exchange rates.
⚡You can install this WP plugin on your website from the WordPress official website: Exchange Rates🚀
CurrencyPrice
UAE Dirham 
UAE Dirham
3.6725
Australian Dollar 
Australian Dollar
1.4285down
Brazilian Real 
Brazilian Real
5.1836down
Canadian Dollar 
Canadian Dollar
1.3963up
Chinese Yuan (offshore) 
Chinese Yuan (offshore)
6.7791down
Egyptian Pound 
Egyptian Pound
52.0841up
Euro 
Euro
0.8662down
British Pound 
British Pound
0.7472down
Kuwaiti Dinar 
Kuwaiti Dinar
0.3085down
Nigerian Naira 
Nigerian Naira
1,361.15up
Russian Ruble 
Russian Ruble
71.9532down
South African Rand 
South African Rand
16.5399down
11 Jun · FX Source: CurrencyRate 
CurrencyRate.Today
Check: 11 Jun 2026 08:20 UTC
Latest change: 11 Jun 2026 08:11 UTC
API: CurrencyRate
Disclaimers. This plugin or website cannot guarantee the accuracy of the exchange rates displayed. You should confirm current rates before making any transactions that could be affected by changes in the exchange rates.
⚡You can install this WP plugin on your website from the WordPress official website: Exchange Rates🚀
p24 logo

Peoples Pen24 is an online news platform hinges on breaking news and news analysis, issues, events, and development. We pay special focus on but not limited to development and innovation in Environment, Climate Change, Agribusiness, and regenerative agriculture, among other areas of interest.

Follow Us

Cloud Tags

Abba Kabir Yusuf (99) Abuja (28) APC (56) ASUU (19) Bandits (54) CBN (30) Dangote Refinery (24) Education (18) EFCC (69) FG (35) Ganduje (28) Gov. Abba Kabir Yusuf (45) Hajj 2024 (19) Hajj 2025 (26) Hajj 2026 (22) Hisbah (20) House of reps (19) IGP (25) INEC (21) Insecurity (30) JAMB (26) Kaduna (38) kano (232) Kano State (279) Kastina state (24) Kidnap (71) Kwara state (28) lagos (20) Minimum wage (30) NAFDAC (21) Nahcon (55) NDLEA (37) Niger state (39) Nlc (40) Nnpcl (19) PDP (32) Police (28) President Bola Ahmed Tinubu (65) President Tinubu (132) Rivers state (27) Senate (25) Siminalayi Fubara (17) Strike (18) Sultan of Sokoto (18) Super eagles (35)

Recent News

images (31)

Gov Yusuf Assures Kano Pilgrims Of Smooth Return As Airlift Will Soon Commence

June 11, 2026
FB IMG 1781095640409 1170x680

Emir Sanusi Performs Mini Durbar For EU Delegation

June 11, 2026
images (17)

Edo Shuts Schools Over Security Threats

June 10, 2026
  • About Us
  • Privacy Policy
  • Contact Us

© 2024 People's Pen 24 - Speaking for the people

No Result
View All Result
  • Home
  • News
  • Politics
  • Agriculture
  • Health
  • Education
  • Sports
  • Opinion
  • Climate
  • Business
  • About Us
    • Privacy Policy
    • Contact Us
  • More
    • Currency Converter

© 2024 People's Pen 24 - Speaking for the people

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist