Civil servants buy 50kg rice at N40,000, resell at N85,000.
Since Federal Government know how to make life hard for people and how to give out palliative when their is protest against their policy that makes life of the people so hard, then people will not hesitate to show their own bad ways too.
After purchasing 50kg bag of rice for N40,000 from Federal Government as a civil servant, they resell their rice at N85,000 which will give them N45,000 in return.
We are all victim of bad governance.
Bismarck Rewane, a popular economist and the Executive Director of Financial Derivatives has alleged that some civil servants bought 50kg bags of rice at N40,000 and resold it at N85,000.
Rewane disclosed this on Thursday in an interview with Channels Television
According to him, the price of rice which he described as a ‘Parallel market’ increased by 3.62 percent to N85,000 from 83,000 despite the government’s subsidized price of N40,000.
https://dailypost.ng/2024/08/08/civil-servants-buy-50kg-rice-at-n40000-resell-at-n85000-rewane/
