After Governor Akinwunmi Ambode of Lagos State and his Kebbi counterpart, Alhaji Atiku Bagudu launched Lagos-Kebbi rice, LAKE rice has gradually been circulating the market.
The partnership, which culminated in the launch was not only designed to ensure food security, but to showcase the ability of the country to become a producing nation.
— His Excellency (@ObinnaValentine) December 22, 2016
Ambode said the development was historic for both states and the country, as the rice would not only be sold at a highly-subsidised price compared to what obtains in the market, but is also fresh and safe for consumption.
According to the governor, “in March 2016, we signed an MoU with an understanding that we want to come out with what is good and made in Nigeria. Lake Rice is of good quality. The major difference between Lake Rice and the ones imported is that the imported has a minimum of five to six years storage life span, but Lake Rice is fresh.” Giving a breakdown of the prices, Governor Ambode said that the 50kg bag will sell for N12,000; 25kg, N6,000; 10kg, N2,500. He added that for now, an individual would only be allowed to purchase a bag so it can go round.