The Federal Government of Nigeria is planning to review the rice import policy in order to increase productivity, raise incomes of farmers as well as promote exports, disclosed the Permanent Secretary of the Federal Ministry of Agriculture and Rural Development (FMARD). He revealed the plan during a meeting with Nigerian Investment Promotion Commission (NIPC). The government is aiming to ensure self-sufficiency in rice production in collaboration NIPC through promoting strategic investment into the rice sector. The Permanent Secretary called for more investment into the rice sector and reiterated that Nigeria has vast arable land and resources to boost productivity and achieve self-sufficiency in the rice production and end imports by 2015. He emphasized more on the need to link smallholder farmers to the market in order to create a strong value chain. In the direction to self-sufficiency, the government launched the Agriculture Transformation Agenda (ATA) in 2012 and raised import duties on polished and milled rice to 40% and 110% respectively. However, high rice import tariffs have led to informal cross-border imports from neighboring coastal countries.