As the Lagos State Government on Tuesday began the sales of its popular brand of rice, LAKE Rice, in preparation for the coming Christmas celebration with the formal flagged off of the exercise by the State Commissioner for Agriculture, Prince Gbolahan Lawal.
It was noticed that the new price for a bag of LAKE Rice is now N17,000, up by N3,000 from the usual N14,000 it sold during Easter period.
Which is assumed not be unconnected with the closure of borders by the Federal Government which had seen the cost of rice tripled as demands far outweighed supply.
According to Lawal, the Lake Rice were available for sales at its sales centres across the State at the Agricultural Development Authority Complex, Oko-Oba; Lagos State Agriculture Inputs Supply Authority (LAISA), Ojo and the Blue Roof at LTV Complex, Agidingbi, Ikeja.
