Millers Groan Over Rice Smuggling Through Free Trade Zones
By: Ezra Ijioma on November 22, 2013 - 3:42am
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Rice mil...
Owoeye, at a meeting yesterday in Abuja with the presidential
committee on trade malpractice.
Owoeye said that while the l...
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22nd november ,2014 rice news by riceplus magazine millers groan over rice smuggling through free trade zones leadership newspaper ng

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22nd november ,2014 rice news by riceplus magazine millers groan over rice smuggling through free trade zones leadership newspaper ng

  1. 1. Millers Groan Over Rice Smuggling Through Free Trade Zones By: Ezra Ijioma on November 22, 2013 - 3:42am inShare0 Rice millers and distributors in Nigeria are groaning over the continuing smuggling of rice through the free trade zones despite government’s increased tariff on imported rice. This was disclosed by the President, Rice Millers, Importers and Distributors Association of Nigeria (RMIDAN), Mr. Tunji
  2. 2. Owoeye, at a meeting yesterday in Abuja with the presidential committee on trade malpractice. Owoeye said that while the local rice producers were working hard to support government’s plan to make Nigeria self sufficient in rice, some importers were using the free trade zones to import rice and deny the country of much needed revenue. “Principally we brought the issue of smuggling through Benin Republic, Niger Republic and Cameroon. We brought up the incentives for our rice farmers and rice processors and parity of tariffs with ECOWAS (Economic Community of West Africa States),” he told reporters after the meeting. Owoeye said that neighbouring countries were taking advantage of disconnect in Nigeria’s rice policy to exploit the country. “They ship in quite a large number of parboiled rice into Benin Republic and Cameroun but, we know that the rice is destined for Nigerian markets and government has taken note of that,” Owoeye revealed, adding :“Benin has imported a more than two million bags of parboiled rice that Beninoise don’t eat but are destined for Nigeria.” He disclosed that the smuggled rice costs Nigeria an estimated $1billion daily. Contents shared by Riceplus Magazine www.ricepluss.com

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