metro
Expect further drop in prices of rice, other food items, BUA chair tells Nigérians
Expect further drop in prices of rice, other food items, BUA chair tells Nigérians
Chairman of BUA Group, Abdul Samad Rabiu, has said Nigerians should expect a further crash in the prices of rice and other food items.
He commended President Bola Tinubu for granting waiver on imported food items, saying that this had helped crash food prices in the country.
In July 2024, the Tinubu administration announced the suspension of customs duties on imported food items to stem food inflation.
Speaking to State House Correspondents after meeting with President Tinubu on Thursday, Rabiu said BUA Foods keyed into that policy and was able to import quite a lot of wheat, maize and rice.
“At the time food prices were really very high last year. For example, the price of rice was about N100,000 or thereabout per 50 kilo bag. The flour was about N80,000 per bag and maize was about N60,000 per 50 kilo bag, and pasta above N20,000 per Carton. So what we did was, we keyed into that policy and BUA was able to import quite a lot of wheat, maize and rice.
“And the moment the shipment started coming, we started processing, we crushed the prices of some of these commodities. And today I’m happy to inform you that the price of rice is about N60,000 from what it was last year at N110,000. Flour is today N55,000 Naira per 50 kilo bag.
“Maize is about N30,000. And this happened because of Mr President’s foresight and vision by introducing that one-off duty waiver for a period of six months, and with that, we’ve been able to bring down the prices of these commodities,” Rabiu said.
The billionaire businessman further explained the causes of the food price increases and how the President’s policy helped to curb the trend.
“So, what has been happening and a lot of people probably don’t know this, is that Nigerians, a lot of companies in Nigeria usually buy a lot of paddy. That is rice paddy. Rice Paddy is what you use to process rice. So, the moment the harvest season starts, a lot of people will now buy a lot of these paddy and hold it for a period of three to four months. The moment the season finishes, then the price will double. So a lot of people don’t know that, but that has always been the problem.
“That does not really in any way affect the farmer, because the farmer is getting his four to N500,000 per ton of paddy. But the people that are buying and holding for three to four months, once the season finishes, it goes back up to N800,000. Hence why you are getting N110,000 per bag.
“So, what that intervention did at the time when we brought in was to create an issue for those hoarders. Because the moment we imported, we were selling, and those orders had a lot of paddy, they could not sell, and the price now came down, and it is still down.
So a lot of those holders are actually crying now and losing money.
He said that the Rice Millers Association has come together to address the issue of hoarding by some companies, adding that the association will not allow any of its members to hoard rice.
“What we are doing as rice Millers is that we want to ensure that rice Millers are not buying and hoarding Paddy, although at the end of the day, it’s quite difficult to stop that. But what is happening is that once they know that there is rice availability imported, because BUA has imported enough rice to last us until the end of the year, for example.
“So, they know that if they try to hot rice and try to take it up, Bucha is there and will crash the price. So I am hopeful that at the end of the day, the price of rice going forward is not going to go any higher than what it is today.
“And I’m sure as soon as the season starts, the farmers will get the price they’ve always gotten, and the price of rice is going to stay the same, because people will be wary of hoarding, because if they hoard it is going to be a problem for them, because they might lose money. So that is on rice.
“And again, let me use this opportunity to thank His Excellency, for his foresight, for his vision, because I actually didn’t see that. I didn’t know that that was going to work, but we keyed in. We imported and we have supported, and now prices are down. So that is what we did, and we will continue to do to support the efforts of the government to ensure that food prices continue to come down. And I’m sure prices will come down.
“It is quite interesting that when prices were quite high, N100,000 everybody was shouting, now that prices are down or are coming down, it is like, nobody is coming out to say, look, food prices are coming down, but I’m happy to say that food prices are coming down, and they will continue to come down. That is what BUA foods is doing to support the efforts of the government in ensuring that food prices are down,” Rabiu said.
metro
Tragic Tree Collapse in Enugu Kills 18 Passengers on Commercial Bus
Tragic Tree Collapse in Enugu Kills 18 Passengers on Commercial Bus
Awhum, Udi LGA, Enugu State — At least 18 passengers were killed after a massive ancestral tree, locally known as “Ukwu Akpu Awhum,” collapsed onto a commercial 18‑seater bus on Tuesday, during a heavy thunderstorm and rainfall. The bus was en route from Ukehe in Igbo‑Etiti LGA to Enugu metropolis when the tragedy occurred.
Eyewitnesses said the ancient tree fell without warning, crushing the bus and its occupants instantly. “The rain was very heavy, the wind was strong, and we heard a loud crash,” one resident recalled. All passengers were reportedly killed on impact.
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Local resident Charly Okeke suggested that recent human activity, including tying red and white cloths around the tree trunk for spiritual purposes, may have weakened the tree, contributing to the collapse. The community has been thrown into mourning, as families grapple with the sudden loss.
Emergency responders and local volunteers rushed to the scene, pulling survivors from the wreckage and transporting the injured to nearby hospitals. Authorities are expected to investigate the cause of the collapse, though no official statement has been released by Enugu State authorities as of now.
The tragedy highlights the dangers posed by aged trees along busy roads, especially during periods of torrential rain and strong winds, and underscores the need for public safety measures and regular assessments of roadside trees to prevent similar disasters.
Tragic Tree Collapse in Enugu Kills 18 Passengers on Commercial Bus
metro
Carbon Monoxide Leak Kills 37 Miners in Plateau
Carbon Monoxide Leak Kills 37 Miners in Plateau
Kampani Zurak, Wase LGA, Plateau State — Tragedy struck early Wednesday morning as a carbon monoxide gas leak at an underground mining site claimed the lives of at least 37 miners and injured more than 20 others. The incident occurred around 6:30 a.m., shortly after workers returned from morning prayers.
According to eyewitness Safiyanu Haruna, survivors and local residents discovered miners unconscious inside the poorly ventilated tunnels. “It’s heartbreaking to wake up to the news that 37 miners, who had been struggling to make ends meet, have died,” he said.
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The injured miners were immediately transported to a hospital in Wase town for treatment. Authorities and emergency response teams had not yet arrived at the site when the leak occurred, highlighting the dangers of underground mining in poorly regulated areas.
Funeral prayers for the deceased are currently being held in the community, with the Local Government Area chairman reported to have attended. Security forces have sealed off the mining site to prevent further casualties and aid ongoing investigations.
The tragedy underscores the critical need for improved mining safety regulations, particularly in remote areas where miners often work under hazardous conditions with limited safety protocols. Experts warn that carbon monoxide exposure in mines can be deadly within minutes if ventilation and gas detection measures are inadequate.
Carbon Monoxide Leak Kills 37 Miners in Plateau
metro
Kano Closes Entertainment Centres Ahead of Ramadan
Kano Closes Entertainment Centres Ahead of Ramadan
The Kano State Government has ordered the immediate closure of all entertainment centres across the state as part of measures to ensure a peaceful and spiritually focused observance of Ramadan. The directive, issued by the Kano State Censorship Board, affects entertainment venues popularly known as gala houses, as well as disc jockey (DJ) operators and related entertainment outlets under the board’s regulatory jurisdiction.
Abdullahi Sulaiman, the board’s Public Relations Officer, announced that the closure will take effect from 10:00 p.m. on Wednesday, 18 February 2026, and will remain in force throughout the holy month. He explained that the action aims to create a calm and morally conducive environment for Muslim residents to observe fasting, prayers, and other religious activities without distractions.
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The board emphasised that reopening dates, particularly for Eid‑el‑Fitr celebrations, will be communicated at the appropriate time. Enforcement teams have been mobilised to ensure compliance, with sanctions for violations under the board’s regulatory mandate.
Officials clarified that the closure does not apply to event centres used for weddings, conferences, or political gatherings, which fall outside the board’s jurisdiction. Board director Usman Dankwano reiterated that only entertainment outlets such as gala houses are affected by the directive.
The government said the decision aligns with efforts to promote social harmony, maintain public order, and respect religious observances during Ramadan. Residents and business operators are urged to comply fully to avoid penalties.
The move reflects a broader pattern in northern Nigeria, where authorities adjust entertainment and public activities during Ramadan to respect cultural and religious practices while maintaining community peace.
Kano Closes Entertainment Centres Ahead of Ramadan
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