The announcement comes ahead of the Bharat International Rice Conference (BIRC) 2025, a flagship event that will explore trade opportunities and strengthen India’s dominance in the global rice supply chain.
Rice shortfall in Nigeria has left the country reliant on imports valued at nearly US$2 billion annually.
Kenya maintained the region’s highest rice price at US$1,264 per metric ton (MT) in both months, reflecting a marginal month-on-month decline of 0.03%
The restriction, introduced on September 1 for a period of 60 days, was aimed at supporting farmers facing falling paddy rice prices during the harvest season.
The new organization will represent collective interests before the state and international partners to improve competitiveness of locally produced rice.