The Dangote Group has expressed
optimism that with its ongoing
agricultural projects across the
country Nigeria is on its way of being
self-sufficient in the areas of food
production. The group reiterated
its determination to support the federal government
in its effort to revolutionise the agricultural sector
and make Nigeria self-dependent in the areas of food
production.
Reputed to be the single largest private sector
employer of labour in Nigeria, the company is
currently investing in fertiliser, rice, tomato paste
and sugar production, among others.
It is also building a 650,000bpd petroleum refinery
which will be the single largest in the world. Only last
year, the group signed a memorandum of
understanding (MoU) with the Federal Ministry of
Agriculture and Rural Development to invest $1
billion for the establishment of fully integrated rice
production and processing operations across the
country. The statement said the MoU and the
planned investment are a response to government
reforms of the Agricultural Transformation Agenda
(ATA) launched in 2011.
The statement said the group has acquired farmlands
in Edo, Jigawa, Kebbi, Kwara and Niger states totaling
150,000 hectares to be used for commercial
production of rice paddy.The company will also
establish two modern large scale mills each with
capacity to mill 120,000 metric tonnes of rice paddy
while doubling the capacity within two years,
becoming the single largest investment in rice
production in Africa.
The rice plants are estimated to produce 960,000
metric tonnes, representing 46 per cent of total rice
imported into Nigeria.
The group's president, Aliko Dangote, during the
signing of the MoU, said that Nigeria, "is capable of
producing rice that can feed the whole of the West
African sub region."
The Dangote Group is also said to be investing in
tomato paste production in Kano as well as a $2
billion fertiliser projects in Edo State.
The statement said however, the Group's foray into
Agric and food processing business began in 1997
when it keyed into the backward integration policy of
the government in sugar sub-sector of the nation's
economy.

Source :- ipaidabribenaija.com/news/item/115268-nigeria-to-be-self-sufficientin-food-production-soon-dangote

Itz a good thing.... I'll soon be like Dangote.
But oboi weh ur source na?

Dangote might not be a saint but I am sure his image makers are one of the best because you hardly find him in the news for 'wrong' things unlike his counterpart in Ota that is bent on heating up the polity with lies and propaganda just to remain relevant.

AwesomelyMade:
Dangote might not be a saint but I am sure his image makers are one of the best because you hardly find him in the news for 'wrong' things unlike his counterpart in Ota that is bent on heating up the polity with lies and propaganda just to remain relevant.

Talk biz,leave OBJ alone.

naijasaints:
Talk biz,leave OBJ alone.

Advise him pls.