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Nairaland Forum / Nairaland / General / Business / Dangote: Nigeria Will Start Exporting Rice Soon (20891 Views)
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Dangote: Nigeria Will Start Exporting Rice Soon by wwwihy: 12:21pm On Nov 07, 2019 |
The Dangote Group has pledged to change Nigeria from a nation that imports rice to a major exporter of the staple food. The group said that its 150,000 hectares rice farmlands in Jigawa, Kano, Kebbi, Nasarawa, Niger, Sokoto, and Zamfara States as well as 10 rice mills it was establishing in different parts of the country would deliver one million tons of rice annually. This was disclosed by Dangote Group’s Executive Director, Kunt Ulvmoen, when he spoke to captains of commerce and industry during the Dangote’s Special Day, at the ongoing 33rd Lagos International Trade Fair. According to Mr Ulvmoen, the group had been known to be the number one in rice business in Nigeria until it took the decision to terminate any commodity trading that would not achieve value addition on locally. Notwithstanding, consumers were still asking for the Dangote rice years after the group’s decision to terminate rice importation, he said. “So what do we do? We are entering into rice farming and processing and targeting a million tons output annually. “We are already active in the farms. We have already got some paddy rice in some silos. We are also challenging others to do what we are setting out to do in order to make rice an exportable product in Nigeria,” Ulvmoen added. “What is very important in Nigeria is the gas. There is so much gas in the oil field that is still burnt. But this gas is very important for the production of energy in the country. And we want to make sure that there is gas in the pipeline. Nigeria needs to utilize all natural resources especially oil and gas. “We have our sugar refinery in Apapa with capacity for 1.4 million tons annually. But we also want to reduce the importation of raw sugar. So, we are improving our plantation for sugar cane. We want Nigeria to be as independent as possible from sugar import,” he said. “We are creating jobs. If you want to reduce kidnapping or extremism you have to create jobs. Nobody wants to do that if he can avoid it,” he added. In addition, he said Dangote has 29 million tons installed capacity for cement production. Also speaking, the Group Executive Director, Halima Aliko Dangote, said the company recognised its partnership with LCCI, which she said, has been growing over the years. “The bond is even more significant as one of own, Mr. Knut Ulvmoen is one of the Deputy Presidents of the Chamber. He has been a very active member of the Chamber,” Ms Halima said. The President of the LCCI, Babatunde Paul Ruwase, described the Dangote Group as a critical enabler in connecting businesses in Africa. He said, “There is no home in Nigeria that lacks a Dangote product that are very essential to our daily lives.” https://dailynigerian.com/nigeria-will-start-exporting-rice-soon-dangote/ 17 Likes 1 Share
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Re: Dangote: Nigeria Will Start Exporting Rice Soon by netpro(m): 12:24pm On Nov 07, 2019 |
First target should be self sufficiency to the extent it drives the price down. Then we can export. This is the best time to venture into agriculture. From farming, poultry, fishing, snails, bees, grasses, flowers, cash crops, processing, packaging, marketing, livestock, etc - opportunities full ground. 73 Likes 7 Shares |
Re: Dangote: Nigeria Will Start Exporting Rice Soon by Kkings11: 12:24pm On Nov 07, 2019 |
Na this kind man I dey believe when him talk, no be all those polithiefians. 56 Likes 2 Shares |
Re: Dangote: Nigeria Will Start Exporting Rice Soon by idesylvester(m): 12:31pm On Nov 07, 2019 |
The truth is that eh, the guy up copied what I wanted to say... guy u be thief That will be a good news. And if we can export rice, it definitely going to be cheaper 9 Likes |
Re: Dangote: Nigeria Will Start Exporting Rice Soon by NGpatriot: 12:31pm On Nov 07, 2019 |
Positive and uplifting topics like this no dey get attention and traffic, because it's not about Tinubu or VP Osinbajo .. Useless Nigerian youths, na useless rubbish only concern them. God bless Ogbeni Dangote. 41 Likes 3 Shares |
Re: Dangote: Nigeria Will Start Exporting Rice Soon by NGpatriot: 12:39pm On Nov 07, 2019 |
netpro: Dangote and his kind are doing their part, the only missing part are the Nigerian youths and the average Nigerian, they are totally blind to the huge opportunities and money in farming, they prefer office jobs and quick money.. 44 Likes 4 Shares |
Re: Dangote: Nigeria Will Start Exporting Rice Soon by bikerboy1(m): 12:40pm On Nov 07, 2019 |
Man talk! Man do! I no doubt you Sir 3 Likes |
Re: Dangote: Nigeria Will Start Exporting Rice Soon by lonelydora: 12:40pm On Nov 07, 2019 |
Dangote, the "Jack of all trades, and Master of Some. Please Dangote, leave rice and focus on your refinery. 3 Likes 1 Share |
Re: Dangote: Nigeria Will Start Exporting Rice Soon by 01mcfadden(m): 12:40pm On Nov 07, 2019 |
Boss You wonder how just a man is richer than a while country and you shudder in amazement 4 Likes |
Re: Dangote: Nigeria Will Start Exporting Rice Soon by uuzba(m): 12:41pm On Nov 07, 2019 |
Soon. Everything in Nigeria, Soon.... will be.... about to.... tomorrow.... is set to..... Do it first Abeg. And report after you have done it complete. News is a report of something that HAS HAPPENED. not something that will soon, about to, after tomorrow, before next week... may be.... 50-50... 7 Likes |
Re: Dangote: Nigeria Will Start Exporting Rice Soon by Osyxcel(m): 12:41pm On Nov 07, 2019 |
Possibly, but do we have the comparative advantage? Especially with the myriads or challenges we are currently facing, chiefly poor power supply. |
Re: Dangote: Nigeria Will Start Exporting Rice Soon by iLegendd(m): 12:41pm On Nov 07, 2019 |
Good news. 1 Like |
Re: Dangote: Nigeria Will Start Exporting Rice Soon by dynicks(m): 12:41pm On Nov 07, 2019 |
Re: Dangote: Nigeria Will Start Exporting Rice Soon by drlaykay(m): 12:41pm On Nov 07, 2019 |
Government try something several times and fail Dangote tries it once and succeeds.. We need to hand over Nigeria to this guy 4 Likes |
Re: Dangote: Nigeria Will Start Exporting Rice Soon by Dottore: 12:42pm On Nov 07, 2019 |
Ok |
Re: Dangote: Nigeria Will Start Exporting Rice Soon by Yabariki: 12:42pm On Nov 07, 2019 |
This will be a very big achievement......... 1 Like |
Re: Dangote: Nigeria Will Start Exporting Rice Soon by visijo(m): 12:42pm On Nov 07, 2019 |
Besides Dating A DJ, What Else Shows That A Lady Is Not Serious With Her Life??� |
Re: Dangote: Nigeria Will Start Exporting Rice Soon by airbrush: 12:42pm On Nov 07, 2019 |
netpro: exporting stone and rice to white people excellent 2 Likes |
Re: Dangote: Nigeria Will Start Exporting Rice Soon by nototribalist: 12:42pm On Nov 07, 2019 |
I believe Dangote in anything he says he will do. Benin republic won't like this news . 4 Likes
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Re: Dangote: Nigeria Will Start Exporting Rice Soon by Maryclaire1(f): 12:42pm On Nov 07, 2019 |
Make it cheaper for us to afford before exporting hanhan 2 Likes |
Re: Dangote: Nigeria Will Start Exporting Rice Soon by Opinedecandid(m): 12:43pm On Nov 07, 2019 |
We pray so |
Re: Dangote: Nigeria Will Start Exporting Rice Soon by discusant: 12:44pm On Nov 07, 2019 |
Oh yeah, when Nigerians can't even afford to buy the rice now. The deception in this Nigeria is now total. But don't let Bill Gates hear this. CNN, not Nigeria, reaps loads of the profits from Dangote group through nearly every half an hour adverts to merely mention Dangote Group on CNN. 2 Likes
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Re: Dangote: Nigeria Will Start Exporting Rice Soon by GreenArrow1(m): 12:44pm On Nov 07, 2019 |
Good news for Dangote and shareholders. Good news for the economy. Good news for the Labour sector. Good news for me because by this time next year, I'll be flexing the proceeds of my harvest. This rice stuff has brought up so many opportunities for those who are willing to explore the sector and create additional streams of income. 4 Likes
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Re: Dangote: Nigeria Will Start Exporting Rice Soon by Antoeni(m): 12:44pm On Nov 07, 2019 |
Dangote is Breaking Boundaries and Taking Over 2 Likes |
Re: Dangote: Nigeria Will Start Exporting Rice Soon by RexTramadol1: 12:44pm On Nov 07, 2019 |
Smart man, make I sell my rice farm give you join |
Re: Dangote: Nigeria Will Start Exporting Rice Soon by toolovely(m): 12:45pm On Nov 07, 2019 |
idesylvester: As cement is very cheap 5 Likes |
Re: Dangote: Nigeria Will Start Exporting Rice Soon by Bizibi(m): 12:45pm On Nov 07, 2019 |
Nigeria has been exporting rice but the same rice finds its way back to Nigeria as foreign rice. It is not new to some of us...... 1 Like |
Re: Dangote: Nigeria Will Start Exporting Rice Soon by Chukwurah003: 12:46pm On Nov 07, 2019 |
PDP will not like this news. PDP’s mission is to impoverish Nigerians as much as possible. Evil people. 5 Likes 1 Share |
Re: Dangote: Nigeria Will Start Exporting Rice Soon by Pavore9: 12:46pm On Nov 07, 2019 |
lonelydora: Leave rice for you? 1 Like |
Re: Dangote: Nigeria Will Start Exporting Rice Soon by damijoe77: 12:46pm On Nov 07, 2019 |
Alhaji walahi I too like you, l 2 Likes 1 Share |
Re: Dangote: Nigeria Will Start Exporting Rice Soon by Promismike(m): 12:46pm On Nov 07, 2019 |
Hummm |
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