Speaking at the launching ceremony held at Lagos House in Ikeja, Governor Ambode said the development was a great and historic moment for both states and Nigeria, as the rice would not only be sold at highly reduced price, compared to what obtains in the market but is also very fresh and safe for consumption.
Giving a breakdown of the prices, Governor Ambode said that while the 50kg will sell for N12, 000, 25kg would go for N6, 000 and 10kg for N2, 500, adding that for now, an individual would only be allowed to purchase a bag to enable it to go round.
He also commended President Muhammadu Buhari for supporting the collaboration between Lagos and Kebbi, just as he disclosed that the Federal Government has donated two rice mills to the State Government to increase production of rice next year. .
He said while Kebbi State has a comparative advantage in the area of rice production, Lagos boasts of the largest consumption market, saying that the LAKE RICE can stand any integrity test in Nigeria.