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Nairaland Forum / Nairaland / General / Business / Nigeria Rice Mill Hits 250 Tonnes Daily Production (13501 Views)
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Nigeria Rice Mill Hits 250 Tonnes Daily Production by Shawnnn01: 1:58pm On Jan 01, 2019 |
Kano-based Amarava Rice Mill says it is targeting to record 500 tonnes of daily production by June, just as it hits 250 tonnes to boost local self-sufficiency. Mr Subhash Chand, the Indian Deputy High Commissioner in Nigeria, made this known to newsmen on Tuesday in Abuja NAN recalls that the multimillion Naira state-of-the-art rice mill, owned by an Indian national, was inaugurated by President Muhammadu Buhari in Kano in December 2019. The diplomat gave the assurance that the production capacity of the mill was being expanded to hit 500 tonnes by June. He added that the investment was part of the overall efforts of the High Commission to help Nigeria attain self-sufficiency in rice production. Chand said that India was supportive of Nigeria’s efforts to fully localise rice production, disclosing that many Indian companies were already among the leading millers in Nigeria. He disclosed that the mill was built with machineries fabricated in Nigeria with local contents by Indian and Nigerian technological experts. “India has been maintaining good relationship with Nigeria and will continue to do so. “Through Nigeria-India’s cordial relationship, Indian investors are already investing in Nigeria to achieve self-sufficiency in rice production,’’ he said. Chand noted that technical partnership was another area of mutual benefits to the two nations. NAN reports that in 2017, Nigeria’s rice consumption stood at 7.9 million tonnes while the production rate has increased to 5.8 tonnes per annum from previous 5.5 million tonnes due to Federal Government’s local rice production policy. The Rice Farmers Association of Nigeria (RIFAN) attributed the increase to the CBN’s Anchor Borrowers Programme with a total of 12 million rice producers and four million hectares of FADAMA rice land cultivated. NAN reports that Amarava Agro Processors Limited, a subsidiary of Fullmark Group was established at Amarawa Village, Gezawa Local Government Area of Kano State, with an initial 288 metric tonnes daily capacity. NAN recalls that Buhari said at the inauguration that Nigeria’s continued dependence on rice importation had put a strain on the economy as well as the nation’s food flow. Buhari added that a substantial amount of the nation’s foreign exchange went into rice importation yearly, noting the mill will help Nigeria to progress towards food self-sufficiency. NAN reports that the bilateral trade between Nigeria and India between 2017 and 2018 was touching $12 billion (about N4.3 trillion), which can be expanded by both countries. Read more at: https://www.vanguardngr.com/2019/01/nigeria-rice-mill-hits-250-tonnes-daily-production/ 7 Likes 1 Share |
Re: Nigeria Rice Mill Hits 250 Tonnes Daily Production by lokotamak(m): 2:02pm On Jan 01, 2019 |
Nice one.. 2 Likes 1 Share |
Re: Nigeria Rice Mill Hits 250 Tonnes Daily Production by Nobody: 2:02pm On Jan 01, 2019 |
![]() ![]() Nigerians would rather eat Rice stored in silos for years from Thailand. We like anything "foreign". We like to attend foreign hospitals while we have " state-of-the-art" hospitals, if I lied, ask Senator Akpabio, President Buhari, Olisa Metuh and others. We prefer to vacation abroad while we have uncountable sites that can rival such foreign places. If I lied, ask Chika Ike, our celebs and even few nairalanders that can afford it. 30 Likes 5 Shares |
Re: Nigeria Rice Mill Hits 250 Tonnes Daily Production by Gkay1(m): 2:02pm On Jan 01, 2019 |
no problem, happy new year to u all |
Re: Nigeria Rice Mill Hits 250 Tonnes Daily Production by morule20(m): 2:02pm On Jan 01, 2019 |
Good one 1 Like |
Re: Nigeria Rice Mill Hits 250 Tonnes Daily Production by koolguy88(m): 2:03pm On Jan 01, 2019 |
Nice one 1 Like 2 Shares |
Re: Nigeria Rice Mill Hits 250 Tonnes Daily Production by shachris02: 2:03pm On Jan 01, 2019 |
thank you Goodluck Ebele Jonathan 9 Likes 1 Share |
Re: Nigeria Rice Mill Hits 250 Tonnes Daily Production by NaijaMutant(f): 2:03pm On Jan 01, 2019 |
Besides Ofada rice Gather here if you are yet to eat a locally produced rice ![]() 4 Likes |
Re: Nigeria Rice Mill Hits 250 Tonnes Daily Production by Shawnnn01: 2:03pm On Jan 01, 2019 |
shachris02:I thought we were to thank Atiku ... lol. 28 Likes 3 Shares |
Re: Nigeria Rice Mill Hits 250 Tonnes Daily Production by Raltrending(m): 2:04pm On Jan 01, 2019 |
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Re: Nigeria Rice Mill Hits 250 Tonnes Daily Production by lastempero: 2:04pm On Jan 01, 2019 |
Who dey even chop all this imaginary rice that cant bring down the price of rice. 6 Likes |
Re: Nigeria Rice Mill Hits 250 Tonnes Daily Production by israelmao(m): 2:04pm On Jan 01, 2019 |
We have to do more in food production going by bleak future of crude oil price and rapid rate of population growth or we resolve to control our birth rate. 1 Like 1 Share |
Re: Nigeria Rice Mill Hits 250 Tonnes Daily Production by Iamgrey5(m): 2:04pm On Jan 01, 2019 |
It's a lie, it's not possible We the PDP online miscreants believe APC has bribed the vanguard newspaper to print this story ![]() We only believe it if the caption has read something like "Nigerian rice plantation is burning" Or "bokoharam stops farmers from working" Or at least, if the figures were extracted directly from a reputable source like the Official "Boko haram twitter page " ![]() Please don't forget to calculate obituary ![]() 20 Likes 3 Shares |
Re: Nigeria Rice Mill Hits 250 Tonnes Daily Production by TroubleMaker47(m): 2:04pm On Jan 01, 2019 |
Kul. But y is Nigerian rice still hitting the 17k margin here in ph? ![]() 3 Likes 1 Share |
Re: Nigeria Rice Mill Hits 250 Tonnes Daily Production by ironheart(m): 2:04pm On Jan 01, 2019 |
See wisdom, these guys will still repatriate our money back to India. |
Re: Nigeria Rice Mill Hits 250 Tonnes Daily Production by Nobody: 2:04pm On Jan 01, 2019 |
Who dey eat local rice self |
Re: Nigeria Rice Mill Hits 250 Tonnes Daily Production by AK481(m): 2:05pm On Jan 01, 2019 |
Hope they won’t do capital flight with all the profit. |
Re: Nigeria Rice Mill Hits 250 Tonnes Daily Production by frankfrancis871: 2:06pm On Jan 01, 2019 |
![]() Rice? And they are jubilating? What have they done about the hot scorching sun in the state? |
Re: Nigeria Rice Mill Hits 250 Tonnes Daily Production by samtress: 2:06pm On Jan 01, 2019 |
Henceforth all rice importation into the country should be stopped 1 Like 1 Share |
Re: Nigeria Rice Mill Hits 250 Tonnes Daily Production by frankfrancis871: 2:06pm On Jan 01, 2019 |
![]() Rice? And they are jubilating? What have they done about the hot scorching sun and amajiris in the state? 1 Like |
Re: Nigeria Rice Mill Hits 250 Tonnes Daily Production by Tunasco4u(m): 2:07pm On Jan 01, 2019 |
More positive changes to come insha Allah ![]() 1 Like |
Re: Nigeria Rice Mill Hits 250 Tonnes Daily Production by Topmaike007(m): 2:09pm On Jan 01, 2019 |
we are moving forward and I believe we will get there one day. 2 Likes |
Re: Nigeria Rice Mill Hits 250 Tonnes Daily Production by Anwons(m): 2:09pm On Jan 01, 2019 |
When are we going to buy a bag of rice for 7,500 naira again? 2 Likes |
Re: Nigeria Rice Mill Hits 250 Tonnes Daily Production by ClearFlair: 2:10pm On Jan 01, 2019 |
Next Level |
Re: Nigeria Rice Mill Hits 250 Tonnes Daily Production by Bassmana: 2:10pm On Jan 01, 2019 |
This is a welcome development... Can't wait to start seeing the effect on the price. BTW OP, how on Earth would president Buhari have commissioned the facility in December 2019? ABI he travel through time! Legendary bubu 2 Likes |
Re: Nigeria Rice Mill Hits 250 Tonnes Daily Production by Tareq1105: 2:11pm On Jan 01, 2019 |
lastempero: It's a simple economic theory that with large volume of production prices will fall. 5 Likes |
Re: Nigeria Rice Mill Hits 250 Tonnes Daily Production by Pavore9: 2:12pm On Jan 01, 2019 |
NAN recalls that the multimillion Naira state-of-the-art rice mill, owned by an Indian national, was inaugurated by President Muhammadu Buhari in Kano in December 2019. ........Hmmm 3 Likes |
Re: Nigeria Rice Mill Hits 250 Tonnes Daily Production by ChidiAlaigbo: 2:15pm On Jan 01, 2019 |
israelmao: Either way control your effing birth rate! |
Re: Nigeria Rice Mill Hits 250 Tonnes Daily Production by ORIENTATION101: 2:16pm On Jan 01, 2019 |
Wow commendable slow and steady we re getting there |
Re: Nigeria Rice Mill Hits 250 Tonnes Daily Production by sureteeboy(m): 2:16pm On Jan 01, 2019 |
lastempero:You can say that again.
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Re: Nigeria Rice Mill Hits 250 Tonnes Daily Production by Praktikals(m): 2:18pm On Jan 01, 2019 |
Haters of good news will call this propaganda |
Re: Nigeria Rice Mill Hits 250 Tonnes Daily Production by baratech: 2:18pm On Jan 01, 2019 |
Where is the rice 1 Like |
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