• Home
  • Agric
  • Sci & Tech
  • Health
  • Environment
  • Hausa News
  • More
    • Business/Banking & Finance
    • POLITICS
    • Entertainments & Sports
    • International
    • Investigation
    • Law & Human Rights
    • Africa
    • ACCOUNTABILITY/CORRUPTION
    • Hassan Gimba
    • Column
    • Prof. Jibrin Ibrahim
    • Prof. M.K. Othman
    • Defense/Security
    • Education
    • Energy/Electricity
    • Entertainment/Arts & Sports
    • Society and Lifestyle
    • Food & Agriculture
    • Health & Healthy Living
    • International News
    • Interviews
    • Investigation/Fact-Check
    • LAW & HUMAN RIGHTS
    • Oil & Gas/Mineral Resources
    • PRESS FREEDOM/JOURNALISM/PR
    • General News
    • Presidency
  • About Us
    • Contact Us
    • Board Of Advisory
    • Privacy Policy
    • Ethics Policy
    • Teamwork And Collaboration Policy
    • Fact-Checking Policy
    • Advertising
  • Media OutReach Newswire
    • Wire News
  • The Stories
Facebook Twitter Instagram
Trending
  • NAFN urges Tinubu to attend 2026 agricultural show
  • Kogi health ministry commends sightsavers for white cane donation
  • Odii pledges better healthcare if elected
  • LASTMA rescues motorist after car-train crash in Oshodi
  • BATMEDICS gives free eye screening to 500 FCT drivers
  • Inyang’s election puts Nigeria at forefront of global oil palm smallholder movement
  • Ojokoro LCDA chair urges residents to collect PVCs
  • Expert urges climate-smart farming to boost output
Facebook Twitter Instagram YouTube
AsheNewsAsheNews
  • Home
  • Agric

    NAFN urges Tinubu to attend 2026 agricultural show

    October 9, 2026

    Inyang’s election puts Nigeria at forefront of global oil palm smallholder movement

    October 9, 2026

    Expert urges climate-smart farming to boost output

    October 9, 2026

    Bauchi ministry condemns contact chemicals for grain preservation

    October 9, 2026

    FG inaugurates financial and digital monitoring system for SAPZ

    October 9, 2026
  • Sci & Tech

    AI surge poses new risks, BIS head says

    October 9, 2026

    Kogi leverages satellite intelligence to curb insecurity – Adviser

    October 8, 2026

    Nigeria among Africa’s top AI hubs – World bank

    October 8, 2026

    Quest Merchant bank concludes 2026 questember programme

    October 8, 2026

    Digital infrastructure key gap in Nigeria’s tech ecosystem – Expert

    October 7, 2026
  • Health

    Kogi health ministry commends sightsavers for white cane donation

    October 9, 2026

    Odii pledges better healthcare if elected

    October 9, 2026

    BATMEDICS gives free eye screening to 500 FCT drivers

    October 9, 2026

    KHETFUND hands over Bargi health post project to contractor

    October 9, 2026

    UNICEF urges Imo to boost maternal, child nutrition funding

    October 9, 2026
  • Environment

    LASTMA rescues motorist after car-train crash in Oshodi

    October 9, 2026

    Ojokoro LCDA chair urges residents to collect PVCs

    October 9, 2026

    FAAN to temporarily close Owerri airport runway for repairs

    October 9, 2026

    FG releases 8 months’ salary arrears to SSANU, averts strike

    October 7, 2026

    Passenger dies on Kenya airways flight to Lagos

    October 7, 2026
  • Hausa News

    UNA signs MoU to launch air Bissau in Guinea-Bissau

    June 15, 2026

    Otti plans 250-room 5-star hotel in Umuahia

    April 11, 2026

    Anti-quackery task force seals 4 fake hospitals in Rivers

    August 29, 2025

    [BIDIYO] Yadda na lashe gasa ta duniya a fannin Ingilishi – Rukayya ‘yar shekara 17

    August 6, 2025

    A Saka Baki, A Sasanta Saɓani Tsakanin ‘Yanjarida Da Liman, Daga Muhammad Sajo

    May 21, 2025
  • More
    1. Business/Banking & Finance
    2. POLITICS
    3. Entertainments & Sports
    4. International
    5. Investigation
    6. Law & Human Rights
    7. Africa
    8. ACCOUNTABILITY/CORRUPTION
    9. Hassan Gimba
    10. Column
    11. Prof. Jibrin Ibrahim
    12. Prof. M.K. Othman
    13. Defense/Security
    14. Education
    15. Energy/Electricity
    16. Entertainment/Arts & Sports
    17. Society and Lifestyle
    18. Food & Agriculture
    19. Health & Healthy Living
    20. International News
    21. Interviews
    22. Investigation/Fact-Check
    23. LAW & HUMAN RIGHTS
    24. Oil & Gas/Mineral Resources
    25. PRESS FREEDOM/JOURNALISM/PR
    26. General News
    27. Presidency
    Featured
    Recent

    NAFN urges Tinubu to attend 2026 agricultural show

    October 9, 2026

    Kogi health ministry commends sightsavers for white cane donation

    October 9, 2026

    Odii pledges better healthcare if elected

    October 9, 2026
  • About Us
    1. Contact Us
    2. Board Of Advisory
    3. Privacy Policy
    4. Ethics Policy
    5. Teamwork And Collaboration Policy
    6. Fact-Checking Policy
    7. Advertising
    Featured
    Recent

    NAFN urges Tinubu to attend 2026 agricultural show

    October 9, 2026

    Kogi health ministry commends sightsavers for white cane donation

    October 9, 2026

    Odii pledges better healthcare if elected

    October 9, 2026
  • Media OutReach Newswire
    • Wire News
  • The Stories
AsheNewsAsheNews
Home»Food & Agriculture»Millers blame hoarders for rising rice prices 
Food & Agriculture

Millers blame hoarders for rising rice prices 

Millers blame hoarders for rising rice prices 
EditorBy EditorFebruary 16, 2024Updated:February 16, 2024No Comments4 Mins Read
Bags of rice
Bags of rice
Share
Facebook Twitter LinkedIn Pinterest Email

Some rice millers in Gombe State on Friday blamed the rising price of rice on the unavailability of paddy for processing rice due to hoarding by some merchants.

Paddy is a major raw material used in the processing of rice.

The millers, who spoke in Gombe, described the situation as frustrating.

According to them, there is pressure on any available paddy as a result of the activities of middlemen who have been alleged to have bought paddy and stored it in their warehouses to the detriment of Nigerians.

ALSO READ: BREAKING: FCCPC seals Sahad Stores Abuja for price fixing, hoarding

The production manager, Lula Rice, Mr Auwal Manu said the price of rice had almost doubled within the last three weeks because of the unavailability of paddy brand rice.

According to Manu, paddy is scarce and there is a lot of pressure on the little available because middlemen have during the 2023 harvest mopped up paddy brands and refused to release them to the market.

This he said had led to the increasing price of rice as those who have paddy now determine the price they want their commodity sold.

“This has affected and halted production in our company because paddy is the major raw material for rice processing venture.

“A bag of paddy now is about N50,000 which cannot give you 50kg of processed rice, so how do one continue business and make profit?

“Before now, a bag of paddy was sold for between N15,000 and N20,000 but now it goes for N47,000 upwards.

“Weekly, we used to process at least three truckloads of rice which is 1,800 bags of 50kg rice but today for the past two months, we have halted production,” he said.

Manu said their workers had been asked to stay at home until the company gets an adequate supply of paddy to process.

He appealed to the Federal Government to intervene and as well take action against food hoarders as well as increase investment in the agriculture sector during this year’s wet season so that farmers could produce more.

“I appeal to hoarders, let them fear God. Nigerians are suffering as a result of their activities.

“This ought not to be because we are supposed to be our brother’s keepers as Nigerians and not allow our actions to inflict hardship on fellow citizens,” he said.

For a rice processor at Nasarawo Industrial Layout, Gombe, Musa Arab, the rising price of rice was a result of three reasons which he attributed to subsidy removal, insecurity, and activities of hoarders.

Arab, who is also a large-scale rice farmer said the subsidy removal impacted the cost of farming making it too expensive and out of reach for many local farmers.

He said that security issues affected many farmers who had abandoned their farmlands leaving few to cultivate the commodity and “to make it worse, the little produce is mopped up by middlemen.”

“I think the government should urge big rice companies to set up their farms and go into farming instead of bringing big money to buy off paddy from local farmers so they can be in business all -year-round.

“Today, even local millers have nothing to process and you know the ordinary man cannot afford these big companies’ processed rice so the whole issue is on Nigerians,” he said.

Another miller at Gombe main market, Yusuf Abdullahi said many of the middlemen were already getting ready to invade villages to mop up paddy which had been cultivated by farmers during the dry season.

Abdullahi said such would worsen the current situation, hence the need for punitive measures against hoarding because “it increases hardship and worsens unemployment status in the country.

“For now, we are no longer milling because no paddy, and many of our workers are now at home without jobs, it has never been this bad.

“Government must go tough against hoarders else they will create food crisis in spite that there is food in this country,” he said.

Others who spoke shared similar experiences while urging farmers to desist from selling paddy to those who have no business with farming.

As of Friday at the Gombe main market, a bag of 50kg rice (foreign) is N75,000 while the locally processed 50kg rice is between N56,000 and N60,000 depending on the quality.

About three weeks back, the same bag of foreign rice was sold for about N55,000 while the locally processed rice for between N42,000 and N47,000.

For the big local rice bag which contains 100kg, it is sold for between N115,000 and N125,000 depending on the quality as against N75,000 some few weeks ago ago.

NAN

Food prices Hoarding Rice millers
Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
Editor
  • Website

Related Posts

NAFN urges Tinubu to attend 2026 agricultural show

October 9, 2026

Inyang’s election puts Nigeria at forefront of global oil palm smallholder movement

October 9, 2026

Expert urges climate-smart farming to boost output

October 9, 2026

Leave A Reply Cancel Reply

NAFN urges Tinubu to attend 2026 agricultural show

October 9, 2026

Kogi health ministry commends sightsavers for white cane donation

October 9, 2026

Odii pledges better healthcare if elected

October 9, 2026

LASTMA rescues motorist after car-train crash in Oshodi

October 9, 2026
About Us
About Us

ASHENEWS (AsheNewsDaily.com), published by PenPlus Online Media Publishers, is an independent online newspaper. We report development news, especially on Agriculture, Science, Health and Environment as they affect the under-reported rural and urban poor.

We also conduct investigations, especially in the areas of ASHE, as well as other general interests, including corruption, human rights, illicit financial flows, and politics.

Contact Info:
  • 1st floor, Dogon Daji House, No. 5, Maiduguri Road, Sokoto
  • +234(0)7031140009
  • ashenewsdaily@gmail.com
Facebook Twitter Instagram Pinterest
© 2026 All Rights Reserved. ASHENEWS Daily Designed & Managed By DeedsTech

Type above and press Enter to search. Press Esc to cancel.