news.jpg

News

/ News / Article

  • Daily Post

Dangote inaugurates multi-billion-naira rice processing plant in Jigawa


Africa’s richest man, Aliko Dangote on Thursday laid a foundation stone for the construction of a multi-billion Naira rice processing mill in Hadin, Jigawa state.

Speaking at the ground-breaking ceremony in Hadin, Kaugama local government area, Dangote said the commencement of the construction of the integrated rice processing plant was the culmination of series of events which began with the signing of a $1 billion agreement with the federal government for the integrated rice production in Kebbi, Sokoto, Zamfara, Kano, Niger and Jigawa.

“We have continued to pioneer new approaches to empowering our primary stakeholders and our farmers, through the Dangote out-growers programme thereby creating thousands of jobs, increasing incomes, poverty reduction in rural communities by providing high quality agro-inputs, technical support and secured market for farmers. Also, creating access to finance, mechanization and irrigation services so as to enhance agricultural productivity.

“We are focused on engaging in the region of 300,000 farmers in the next 12 months when our rice mills are all functional and we achieve steady state.

“We will continue to launch massive agricultural projects across the country in rice and dairy farming. Our push for backward integration in providing our own raw materials on a massive scale has led to the planned investment of $4.6 billion over the next three years in sugar, rice and dairy production alone.

That will eliminate the country’s reliance on imported materials, and the foreign exchange headaches that comes with it,” Dangote said.

Meanwhile, Jigawa State governor, Alhaji Abubakar Badaru expressed delight at the stage of the Dangote Rice project in the state, saying it was in line with the vision of the Invest Jigawa, an organ set up to accelerate investments in the state.


construction-image1.jpg

Subscribe and keep up to date with all the latest news from Oakmark

Subtle Shapes Transparent
WEST AFRICA'S NO.1 ECONOMIC AGENTS

Oakmark Global Vision provides a bespoke business package to established corporate bodies, investors, and entrepreneurs who desire to enter the West & Pan African market. Find out more >

© 2020 Oakmark Global Vision Ltd - All Rights Reserved.

UK Company No. 07634879 / Nigeria Company No. RC 1288232

Regional Office

International Office

1 Kandi Close, Off Aminu Kano

Crescent, Wuse 2, Abuja F.C.T

Nigeria 

+234 -(0)- 929 207 02

+234 (0) 704 497 6500

info@oakmarkglobalvision.com

King Court, 17 School Road

Hall Green, Birmingham

United Kingdom  B28, 8JG

+44 (0) 121 244 1814

+44 (0) 746 625 2505

info@oakmarkglobalvision.com

 Oakmark Global Vision Limited