To increase rice manufacturing within the nation, Dangote Rice Limited, a subsidiary of Dangote Industries Limited yesterday in Lagos signed a purchase order and sale settlement with Niger State Government owned Niger Foods Security Systems and Logistics Company Limited on regular provide of Paddy rice.
Dangote Rice and Niger Foods are collaborating to spice up the manufacturing of rice as a staple menu in Nigerian houses and assure meals safety.
Under the settlement signed on the Lagos Headquarter of the DIL, Niger Foods is to interact in excessive scale mechanized and industrial farming, in addition to the event and manufacturing of agricultural merchandise, together with paddy rice which will probably be bought to Dangote Rice.
Welcoming the Niger State delegation led by the Governor, Mohammed Umaru Bago to his workplace through the transient settlement signing ceremony, President/Chief Executive, Dangote Industries Limited, Aliko Dangote stated that the settlement was aimed toward selling sufficiency in meals manufacturing in Nigeria, “a feat we have achieved both in the cement and oil refining sectors.”
He described Niger Foods as a number one rice farming and processing firm which has engaged within the manufacturing of Paddy noting “We share the same altruistic vision with Niger Foods, of establishing and developing efficient and profitable agricultural business, processing, and supply of diverse farm produce towards contributing to national food sufficiency and security. For this aligned vision towards a food-secure Nigeria, we commend the Niger State Governor His Excellency Umaru Bago and his administration.”
Dangote defined that with the settlement in place, Niger Foods will probably be supplying high-quality paddy rice to Dangote Rice Limited. This will assist to foster sustainable agricultural growth and meals sufficiency within the nation.
The African foremost industrialist said that Dangote Rice has invested massively in rice mills and plantations throughout the nation, explaining that the funding is to create employment by way of the out-grower scheme and promote meals self-sufficiency and safety.
“We believe that more private sector players should be encouraged to partner the government in developing commercial agriculture. This is vital, considering the private sector currently accounts for roughly 90% of our GDP,” he said.
Dangote additional said that Niger State has now joined 5 different states, particularly Jigawa, Sokoto, Kebbi, Kano and Nasarawa the place Dangote Rice has mills are beneath development.
According to him, the Dangote group will probably be off-taking 1million tons of Paddy rice from native farmers by the tip of 2026, which is able to go a great distance in deepening the nations Rice Food Supply Network and supply reassurance and confidence to our native farmers to not abandon rice paddy farming and to be assured {that a} keen off-taker exists available in the market place.
In his personal remarks, Governor Bago stated his administration is impressed by the Midas contact and the humility of Aliko Dangote and thanked him for accepting the partnership association.
He stated that Niger state has huge arable land and water sources which confers comparative benefit on the state. He said that in direction of harnessing this comparative benefit, his administration has gone searching for buyers in rice manufacturing to spice up agriculture as executed in different climes.
The Governor stated, “Lagos State is opening a food hub and need off takers, we have signed a memorandum of understanding (MOU) with them. We are transitioning our people from the primitive to civilized mode of farming. We are partnering Turkish investors all in a bid to improve our agricultural yield. We need to feed ourselves, that is why we are excited at this development.”
Managing Director of Dangote Rice, Thabo Mabe who signed on behalf of the Company described the ceremony as very important within the activity to domesticate huge rice farming to spice up meals manufacturing.
“Today is a milestone. This is a very significant development that will delight rice consumers. This event will bring about self-sufficiency and self-dependence in food production”, he added.
Also talking on the settlement, Executive Chairman, Niger Foods Security Systems and Logistics Sammy Adigun said that the settlement was a vital one and undertaking at that which is able to unlock over N18trillion naira in income over time.
He defined that the undertaking will entail cultivating 1000’s of hectares of land and direct assist to over 5000 farmers within the worth chain.
