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[Sticky] Nigerian company commences to sell rice at N45,000 a bag, revealed location

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•Chief Executive Officer of Egoras, Ugoji Harry

A Nigerian Startup, Egoras on Wednesday announced the launch and sale of its locally produced Ella Parboiled Rice at a subsidised price.

The Chief Executive Officer, Egoras, Mr Harry Ugoji, said in a statement that the rice would be sold at a significantly reduced price of N45,000 per 50kg bag.

He said that the sale was in a bid to provide succour to Nigerians in the face of rising food prices.

“This project, which will begin on Oct. 12, is designed as a social impact, akin to a charity donation.

“Nigerians will be getting some relief from the impact of food inflation.

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