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Gov. Agagu's foray into the Asian Tiger's den.

Asia Africa Intelligence Wire

| August 13, 2004 | COPYRIGHT 2004 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Vanguard (Nigeria) - AAGM)

Byline: Kolawole Olabisi

Like every rich nation, the Nigerians literally became giddy with the new found wealth of oil and, among several articles of ostentatious life style consumed then was the long grain parboiled rice mainly from Asian countries like Thailand and China. Indeed, this item was so cherished by the people who preferred the already polished and sorted rice to the stone riddled local ones that, in no time, production of the local rice soon suffered a paralysis.

Despite spirited efforts by successive governments to reverse this trend, not much success was recorded. The people had become hooked on imported rice.

Accentuating this fact is that last year alone, the Federal Government of Nigeria imported rice worth $750 million into the nation to complement local production.

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