This is why Nigeria can never progress, we are now held captive by Dangote and Northern President
My question to Nigerians is this.
Is Dangote not rich enough?
Dangote invests N165bn in rice farming in 5 states
Dangote Industries Limited (DIL) recently signed a memorandum of understanding (MOU) with the Federal Ministry of Agriculture and Rural Development (FMARD) to invest $1billion (N165 billion) for the establishment of fully integrated rice production and processing operations across fives States in Nigeria.
Towards this end, Dangote has acquired farmland in Edo, Jigawa, Kebbi, Kwara, and Niger states totalling 150,000 hectares to be used for the commercial production of rice paddy. This will create thousands of jobs for Nigerians and boost food security.
As part of the project, Dangote will also establish two state-of-the-art large-scale rice mills each with a capacity to mill 120,000 metric tonnes of rice paddy, bringing total capacity to 240,000 metric tonnes, with plans to double capacity within two years. With this installed capacity, the project will become the largest single investment ever made in rice production in Africa. The rice plant is estimated to produce 960,000 metric tons of mill rice, representing 46 per cent of rice imported into Nigeria.
Commending the company for building a strong industrial base in Nigeria, President Goodluck Jonathan, who presided over the ceremony said: “It takes a lot of hard work, commitment and discipline to achieve the feat, accomplished by Aliko Dangote. The country is capable of producing rice that can feed the whole of West African sub-region.”
He assured the company of the protection of its investment, promising to end the high spate of rice smuggling within the next 12 months. Dangote commended the Government for evolving a robust and consistent policy that has made Nigeria an irresistible place to invest. He said: “Our goal of making Nigeria a net exporter of rice will be achieved faster by this significant investment, and I congratulate the Minister of Agriculture and his team for the very strong demonstration of public-private sector partnerships and collaboration to drive significant transformation in Nigeria’s agriculture sector.”
As an integrated operation, the Dangote farms and the mills are expected to significantly boost smallholder rice production in the regions through a nucleus and outgrower farming model, thereby transforming livelihoods in rural Nigeria. The sites selected are rice-growing communities and they will be supported by Dangote’s provision of agro-inputs, training, and marketing linkages to improve community farming operations. Employment opportunities will also be created for at least 8,000 Nigerians.
At the event, Dr. Akinwumi Adesina, Minister of Agriculture, said, “This investment by Dangote Industries Limited is transformational for Nigeria and the rest of Africa. The 150,000 hectares of rice farms and the planned 240,000 metric tonnes processing capacity of international quality grade rice is guaranteed to turn Nigeria away from being a rice importing country to a major rice exporter. Through this billion dollar commitment, Aliko Dangote, Africa’s leading business man, has clearly attested to the policies and approach that the Federal Government has undertaken to transform the nation’s agricultural sector.”
He said the rice self-sufficiency policy of the government was directed at saving Nigeria N356billion annually. Within three years, the number of integrated modern rice mills in the country rose from just one in 2011, to 18 by 2014, all processing the local paddy into high quality finished rice. High-quality and well-packaged Nigerian rice is now in the local market, including Quarra Rice, Umza rice, Ebony super rice, Eko rice, Mikap rice, Ashi rice, Queen of the Niger and Mama’s Pride. http://dangote.com/NewsDetail.aspx?custid=138 - See more at: http://dangote.com/NewsDetail.aspx?custid=138#sthash.q9MXN7oH.dpuf
barcanista: You forget that Buharists are intolerant when it comes to opposition and criticism?
My brother the thing tire me O! After the way they were abusing GEJ day and night.
Buhari affect all our lives and belong to all of us in that sense, if he get it right we give commendation, if he fail we kick his arse. simple things!
Alternatively, if people in Katsina feel he belongs to them, he should have ran for Emir of Katsina and stayed in Katsina.
It is not too late, he can even vacate the Presidency and return to them in katsina.
The south should prepare for Jihad, a terrorist have been made President. He is making way for Boko Haram to support the Army down South., following Airforce bombing in Akwa Ibom and Cross River.
Removing Army check point clears the way for Boko Haram advance down south, this was prevented by the Army in 2014.