Chairman of BUA Group, Abdul Samad Rabiu, has questioned the lack of public acknowledgment following the recent decline in rice prices across Nigeria....CLICK HERE TO CONTINUE READING.>>
In an interview broadcast by Channels Television and shared on their official YouTube channel, the industrialist highlighted the irony in public reaction to the fluctuating cost of food staples.
Thank you for reading this post, don't forget to subscribe!“When rice was 100,000 everybody was shouting, I’m surprised now it’s down nobody came out to say it,” Abdul said, expressing his astonishment at how little attention has been given to the positive shift in food prices.
During the interview, Abdul praised President Bola Tinubu’s administration for the policies implemented to stabilize the food market. He thanked the president for what he described as strategic foresight in addressing rising food costs and creating conditions for a price drop.
He explained that the collaboration between the federal government and private sector players like BUA Group is beginning to yield visible results in the market, particularly in rice production and distribution.
According to Abdul, while many were quick to speak out during the surge in food prices, very few have acknowledged the improvements now being recorded. He stressed the importance of balanced public feedback and encouraged citizens to also recognize positive developments.
Abdul also emphasized BUA Group’s commitment to supporting Nigeria’s agricultural sector through ongoing investments that promote food security and local production.
His comments come at a time when inflation and food affordability remain top concerns for many Nigerians. However, his remarks serve as a reminder that improvements in the economy deserve recognition just as much as the challenges
draw criticism.
Click on the link to watch the Video starting from 5:48
