The National President of Nigeria Agro Input Dealers Association (NAIDA), Kabiru Fara has faulted the Central Bank of Nigeria (CBN) on the disbursement of over N850 billion on Anchor Borrowers Program (ABP), yet rice is still expensive and not available in the market. Fara argued that the money spent so far by CBN on rice production if used to import ...
Read More »Tag Archives: rice
Smugglers are major threat to N3.4trn rice investment- Stakeholders
Rice processors have cried out their N3.4 trillion investment in rice processing is under threat from smugglers. To save this investment, rice processors are calling on the government to criminalise the sale of foreign rice. Director-General of Rice Processors Association of Nigeria (RIPAN) Andy Ekwelem raised this alarm in Abuja over the weekend. Addressing journalists on the development, Ekwelem lamented ...
Read More »Buhari’s agric revolution is providing jobs, wealth – Mohammed
The Minister of Information and Culture, Lai Mohammed, has said the present administration’s agricultural revolution is not a mere propaganda but a reality, with enough evidence to back it up. Mohammed stated this at a banquet held in his honour in Birnin Kebbi by the Kebbi State Government, on Sunday night. The Minister, who was in Kebbi State, with over ...
Read More »Dangote’s Jigawa plant to process N14bn worth of rice annually
The Dangote Rice Out-grower Scheme in Jigawa State has reached a turning point when the President of Dangote Group, Aliko Dangote, laid a foundation stone for the construction of a multi-billion Naira rice processing mill in Hadin, Jigawa state. The mill with a capacity to process 16 metric tons of paddy rice per hour, when completed, will in a year ...
Read More »NCS intercepts smuggled rice concealed in petrol tank
The Nigeria Customs Service, says it has arrested a suspect in Sokoto who allegedly smuggled 460 bags of imported rice concealed in a petrol tank. The Comptroller for Sokoto, Kebbi and Zamfara Command of NCS, Nasir Ahmad, made the disclosure to newsmen on Friday in Sokoto. Ahmad said the smuggled items, which were intercepted along Sokoto-Illela road, had N7.8 million ...
Read More »Establishment of rice mill: Sokoto donates land to Dangote
GovernorbAminu Tambuwal of Sokoto State, on Wednesday, promised to handover 27 hectares of land for immediate establishment of Dangote Rice Mill in the state as the company prepares for production this year. Tambuwal stated this when he received a delegation from Dangote Industries Limited led by Mansur Ahmed, Director, Stakeholder Relations and Corporate Communications in Sokoto. The governor pledged his ...
Read More »FG: Agriculture has created seven million jobs
Over seven million jobs have been created through engagements in the agricultural sector, particularly the Central Bank of Nigeria (CBN) Anchor Borrowers’ Programme, the Minister of Information and Culture, Lai Mohammed, has said. He made this disclosure in Port Harcourt at sixth graduation of the Empowerment Support Initiative (ESI), founded by the wife of the Minister of Transportation and former Governor ...
Read More »Fire destroys rice field in Bauchi
A rice farm belonging to Nasiru Mohammed, a director at Futlink West Africa Limited and Auwal Mohammed, located at Liman Katagum in Bauchi Local Government Area has been destroyed by fire. Speaking to journalists over the incident, the supervisor of the farm, Ahmed Mohammed, said the cause of the fire was still not known. According to him, the fire lasted ...
Read More »FG pledges to support Kogi govt to boost agric production
The Federal Government is to support the Kogi Government with agricultural equipment to encourage farmers and boost agricultural production in the state. The Minister of Agriculture and Rural Development, Audu Ogbeh, said this, when Governor Yahaya Bello of Kogi visited him, in Abuja, on Thursday. A statement signed by Osagie Jacobs, on behalf of the Director, Information, in the ministry, ...
Read More »Agriculture will boost Nigeria’s sustainable development, says CBN official
The Head of Development Finance, Central Bank of Nigeria (CBN), Calabar, Aniefiok Umoren, has said that agriculture remains the most viable option to boost the country’s sustainable development and food security. Umoren said this, on Wednesday, at the official launch of Ben Ayade Premium Quality Rice in Calabar. ‘‘Agriculture is Nigeria’s strong point. We cannot do without agriculture. It is ...
Read More »