The Chairman, Alimosho Local Government in Lagos, Mr. Ganiyu Quadri has stated that a bag of rice will sell for N9000 before the end of the year 2016.
Quadri gave the assurance while receiving a delegation of Rotary Club of Akowonjo 9110, led by its District-Governor, Patrick Ikheloa, and President, Shola Abidakun.
Quadri stated that the agro-business scheme run by the Lagos State government in Kebbi State will put an end to the high cost of foodstuff in the Southwest.
He said: “By the end of this year, or first quarter next year, things will change in Lagos. Already, we are into agro-business in Kebbi State.
“We have massive land on which we planted grains, among which is rice, our people’s staple food. And it is expected that the truck-loads of rice will storm Lagos soon
“So, I can assure you that before the end of this year, the price of a bag of rice, which is N18,000, will drop to N9,000.”