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Maize remain #160, 000/tonne despite import intervention

The importation of 262,000 tonnes of maize that was approved by the Federal Government to plug the production shortfall has failed to crash the price of the maize produced locally.

 

Findings on Wednesday showed that the price of one tonne of maize sold for N160,000 and had remained stable in the past four months.

 

Farmers under the aegis of Maize Growers and Processing Association of Nigeria said the 262,000 tonnes of imported maize would not crash the price of maize produced locally

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