You are here

Niger Subsidises N600m Grains By 50%

Submitted by LEADERSHIP EDITORS on July 20, 2012 - 6:05am

Imported User:

The Niger State government has procured 1,000 metric tonnes of assorted grains which it intends to sell to the general public at 50 percent discount this year.

The state governor, Babangida Aliyu, who made this revelation yesterday at the flag-off of 2012 grains distribution and sales at the Niger State Supply Company Limited, Minna, stated that government’s motive at selling at such subsidised rates is to bring down prices of food commodities in the state with the aim of demonstrating the government’s commitment to improve the well being of the people of Niger State, especially the less privileged.

In his address, the governor stated that one of the ways to maintain peace and stability in the society was by paying attention to the living condition of the majority of the people.

“This year’s event, like the previous ones, is aimed at demonstrating our commitment to the improved welfare and well being of the people of Niger State, especially the less privileged in our midst.

“Government shall continue to distribute and sell grains at highly subsidized prices, with the hope of bringing down the prices of food commodities in the state. We believe this effort will alleviate the adverse effect of price escalation of items, especially at this period of the year. And we hope this effort will provide succour to our people, especially the Muslim faithful, in this month of Ramadan,” he said.