As the Country is faced with Recession ,the income generated by Government is on a low side.One factor that contribute to the economy situation in Nigeria is the fall of Crude Oil prices at the international market.
The Federal Government has less income to carry out it's various objectives for the Citizens. Also the level of Unemployment in the country is on the High side. There is need for another source of the various states to generated revenue internally and at the Same time create employment for the Citizens. Focus has now moved back to Agriculture which was the Nation initial source of generating revenue before discovery of Crude oil at commercial volume.
The Lagos State under the Leadership of Akinwunmi Ambode and Kebbi state under Alhaji Atiku Bagudu had a collaboration to restore Agricultural practice in Nigeria so as to generate income. and also meet the needs of their individual states.This collaboration lead to the growing of LAKE rice.
The idea of growing rice in Nigeria came about in March 2016.
Kebbi state was to provide the conducive environment for the growing of Rice while Lagos state,based in it's population, provide a marketing environment for the Rice upon production.
LAKE rice is an acronym for LAGOS-KEBBI rice.The idea came into reality in 15th December 2016 when the first set of Rice was released to the general populace in Lagos to buy ahead of the the Christmas and New year celebration.
The LAKE rice certain at different package.
50Kg cost #12,000
25kg cost #6000
10kg cost #2500.
A person is allowed to purchase just a bag and this is so as to ensure the rice circulate to every interested person. In order to purchase the LAKE rice,payment is made to designated Banks or via Point of Service (POS) at the purchasing Centers.
The Special adviser to the Lagos state Governor on food Security, Mr SAnni Okanlawan, said Sales of the Rice would be made available at the 57 local Government area and Local Council Development Areas of the state in order to ensure proper distribution.
This idea by both states is a commendable one as it provide for employment for the citizenry.It also lead to High agricultural production and sufficiency.It reduce the reliance on imported rice and This has lead the Cost of Imported Rice to drop from #20,000 to #18,000.Also the Rice are available at subsidies prices .
A trader said the bag contained a complete derica compared to the imported ones which most times are not complete.The concept Help boost the Nigeria economy.