Dangote partners Ekiti State govt. on rice mills

612 Views

From: Bamidele Fashube, Abuja

AFRICA’s richest man, Aliko Dangote has entered into partnership with the Ekiti State government to construct rice mills in the state.

Aside from Dangote, Jumla Rice Limited and Staliion Rice are among other investors who had indicated interest in the business investment.

According to official twitter handle of the state, the mills would be established this year, as part of efforts to expand the Ekiti State Rice and Cassava Programmes.

“Governor kayode Fayemi’s administration has restructured and expanded the State’s rice and cassava programmes through a partnership with key private sector players like Dangote Farms, Jumlar Rice Limited & Stallion Rice who are all setting up rice mills in Ekiti State in 2020.

“A large number of cassava mills are also coming up in the State – Promise Point, FMS Farms and Krest Farms are pioneers here. More brownfield and greenfield investments in agribusiness are being planned in the palm oil and cocoa sector, and they will manifest in the year 2020.”

According to the governor, “already, Promasidor Nigeria Limited has effectively taken over Ikun Dairy Farm to enhance the maximization of its full potential in a public private partnership. Within the next 18-24 months, they would be producing 10,000 litres of milk from the factory.”

The governor noted that, “the state government is embarking on the construction of one thousand (1,000) kilometres of rural roads to aid and enhance agribusiness in the State with the support of the World Bank.”

 

 

 

 

Leave a Reply

Your email address will not be published. Required fields are marked *