Following the closure of Nigeria’s land borders, Niger Republic has banned the exportation of rice to Nigeria.
The development was made public by the comptroller general of the Nigeria Customs Service, Hameed Ali, during a joint press briefing on Monday, October 14, The Nation reports.
He said: “The government, through diplomatic channels will continue to engage our neighbours to agree to comply with ECOWAS protocol on transit.
“Goods that are on the prohibition list in Nigeria, such as rice, used clothes, poultry products and vegetable oil should not be exported to the country.
“As a result of this [border] closure, Niger Republic has already circulated an order banning exportation of rice in any form to Nigeria.”
Nigeria’s borders in four geopolitical zones across the country have been closed since August 20.
The price of the commodity dipped by a joint 46 percent in one month in countries like Thailand and India.
Between August 21 and September, the wholesale price of the broken parboiled rice, the species in top exporting countries fell on product glut resulting from a decline in exports.
In India, the wholesale price dropped from $0.64/kg in August to $0.40/kg as at 30 September, 2019.
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