Some farmers’ associations in Lagos State have predicted a further drop in the price of rice ahead of the yuletide, following Governor Babajide Sanwo-Olu’s reduction of Lagos rice prices.

The farmers while speaking during interviews with the newsmen revealed that the Lagos State Governor recently slashed the price of Lagos rice from N64,000 to N57,000 per bag.

The Vice Chairman of the All Farmers Association Southwest, Lagos State chapter, Mr Sakin Agbayewa, commended the state government for the strategic move, saying that the development would likely increase competition in the sector, and further reducing the price of rice.

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