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Government Slashes Rice Price to N40,000 per Bag In Regards To The High Cost of Food

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The federal government has announced the sale of a 50kg bag of rice for N40,000 as part of its latest intervention to provide relief to Nigerians facing economic hardships.

In a statement made at the presidential villa on Monday, Mohammed Idris, the Minister of Information and National Orientation, detailed the government’s efforts to address the ongoing concerns of citizens and to mitigate the impact of rising food prices.

Idris disclosed that 20 trucks of rice have been allocated to each state across the federation, with the aim of making the staple food more affordable.

The government has set up designated centers where these bags of rice are being sold at a reduced price of N40,000 each, which represents a 50 percent reduction from the current market rate. However, the minister did not specify the exact locations of these distribution centers.

The president has heeded the concerns expressed by those planning a protest and wants to assure them that there is no need for such demonstrations,” Idris remarked.

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He emphasized that the government is already taking proactive steps to address the issues raised, including making essential food items more accessible.

Idris highlighted that in addition to the distribution of rice, the government is also committed to providing support to the most vulnerable populations.

We have recently announced that 20 trucks of rice have been dispatched to each state, aimed specifically at reaching those in dire need—particularly the poorest members of society.

This is just the beginning, as further interventions are planned to ensure more comprehensive support.”

The minister acknowledged that the current supply of rice may not be sufficient to meet all demands but stressed that these measures are intended to be temporary solutions.

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He assured that additional steps are being taken to stabilize food prices in the long term, citing significant investments being made in the agricultural sector.

The government’s efforts are not limited to immediate relief. We are also heavily investing in agriculture, including irrigation projects, which are expected to help reduce food prices as the rainy season progresses.”

Furthermore, Idris urged the youth to reconsider their planned nationwide protest, stating that the government is actively working to address various national challenges.

He mentioned the government’s efforts to create employment opportunities for young people through the MTT programme, which aims to provide jobs for around 3 million individuals.

The right to peaceful protest is a fundamental democratic right, and the government acknowledges this.

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However, we are concerned that such protests could be hijacked by individuals with malicious intentions, potentially leading to violence.

This could have detrimental effects on the country, which is why we are appealing for the protests to be postponed,” he added.

Idris reassured citizens that the government is committed to addressing their needs across various sectors, including healthcare, agriculture, infrastructure, and education.

He emphasized that while it may take time for all these initiatives to fully take effect, the ongoing efforts are intended to ensure that no one is left behind.

In summary, the federal government is taking multiple steps to alleviate economic pressures on citizens, including subsidizing rice prices and investing in agricultural improvements.

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Idris’s message underscores the government’s commitment to addressing public concerns while urging a reconsideration of planned protests.


 

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Man Found Alive Nearly Two Weeks After Balogun Market Fire Incident

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An update has been shared on the burnt building at Balogun Market on Lagos Island, as it was revealed that a man was rescued 11 days after the building caught fire.

According to reports, the man was found alive on January 6, 2026, after being discovered under the rubble of the collapsed structure.

The survivor has since been taken for proper medical care, while further details are yet to be released.

Meanwhile, passersby and market traders have expressed concern, fearing that more people may still be trapped alive inside the building.


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Anthony Joshua Discharged from Hospital After Fatal Car Crash

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It has been reported that Anthony Joshua has officially been discharged from the hospital following the terrible car crash that claimed the lives of his two closest friends and supporters.

The boxing star was deemed stable enough to go home after the accident. After his discharge, he visited the funeral to pay his respects and see the bodies of his two friends.

Many have expressed grief and offered their support to the boxing star, praying that he will be able to find peace, as grief will undoubtedly be one of the most painful challenges he will face in life.


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‘Government Prioritizes Money More’ — PDP Calls Out FG On New Tax Law

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It has been shared that the Peoples Democratic Party (PDP) is calling on the federal government to suspend the tax law set to take effect on January 1, 2026.

This was revealed in a statement released by Ini Ememobong, National Publicity Secretary of the PDP. He stated that this new law shows how Nigerians and the masses will be affected, arguing that the government is prioritizing finance over security and other pressing matters.

“Rather than address these issues comprehensively, the Presidency has consciously minimized them and instead insisted that the commencement date must stand, despite the discrepancies,” the party said, adding that this “clearly shows where the priority of the government lies between Nigerians and money.”


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