Agric eCommerce in Nigeria

We have taken several weeks to be examining updates on the Rice market, if you are not part of that update and in the food/Agric space join here Report Sheet, what is in it for me? 3 Weeks Ago we examine the inflation figure The result is out, what is the real assessment for me? This past week is full of dips. With several stocks and values wiped off, commodity prices are also not being friendly. We could say it is a correction in the stock market, but what about the commodity market that concerns all of us directly? December Inflation figure is out and just has said on our previous update here after a downward streak for consecutive eight months. December breaks that trend, and like always food inflation leads that opposite trajectory. But the important thing I would like to talk about here is that though we are not sure of the authenticity of the NBS result, we must, however, note that this figure is for the previous month and as customers and businesses, we live in an ever-changing

 Dr. Doyin Salami, Chairman of the Presidential Economic Advisory Council (ECA), and an ex-member of the Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) saying during National Economic Outlook for 2021 organised by the Chartered Institute of Bankers of Nigeria (CIBN). That “Despite border closure, our national import of food amounted to N1.85 trillion between January and Sept 2020 – a 62 per cent increase when compared to same period 2019." What are you expecting in the real market, this; Rice Market Update Why jump in price again, I thought festivity is over? If you think that so do I🤔 Last time we talked about bean market overview, and discussed Drum. The Drum market is still as volatile as bitcoin (bad analogy for some) Rice Market WHAT IS RICE MARKET LIKE For a while now we been talking about Nigeria rice not been advantaged, what is the rice market response to this, surely even in your area you will note the demand will fall so what should be expected;........