Despite the rhetoric on increasing rice production, the price of local rice remains considerably high, even when found in the markets. However, the cost of paddy, which is essentially the raw material, has been on the decline for about three years now.  Siddik Abdullahi, chairman, Rice Farmers Ass
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Caleb Ojewale is an Assistant Editor at BusinessDay Newspaper in Nigeria, where he also heads Industry and Real Sector, supervising all associated beats/desks. He is concurrently Editor for Features, Interviews, and the Newspaper's Backpage (Monday to Thursday). He has also been OP-ED Editor and a member of the Editorial Board. A well rounded business journalist; he is a recipient of multiple local and international journalism awards. Caleb is a fellow of the University of Oxford and OKP and has bachelor’s and Master's degrees in communication from Lagos State University and the University of Lagos, respectively.

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