Lagos Acquires 32 Tonnes Per Hour Rice Mill From Switzerland

Posted on July 28, 2017

Ambode in Switzerland with Bühler AG executive

Lagos State Governor, Mr Akinwunmi Ambode on Friday in Zurich, Switzerland led a team of the State Executive Committee members to sign an agreement with Bühler AG (“Bühler”), a leading rice-mill producer in the world, for the acquisition of a 32 tonnes per hour Rice Mill.

The Governor, who spoke shortly after the signing ceremony, said the development was in furtherance of his vision of enhancing food security and creating employment in the State.

It is estimated that the partnership would facilitate the creation of about 200,000 jobs across the agriculture value chain, while it would also bring about the cultivation of 32,000 hectares of farm land to produce rice paddy, equating to an estimated 130million Kg of processed rice per year (an equivalent of 2.6milion 50kg bags of rice).

 

Speaking further, Governor Ambode said the landmark event also provides the platform for the State to partner with the other South West States in consonance with the region’s resolve towards achieving economic integration.

The Governor emphasized that the partnership with Buhler was in sync with his administration’s economic agenda of diversification of the nation’s economy and conservation of foreign currency reserve.

“The state of the art rice mill will be sited in Imota, Ikorodu and it requires 32,000 hectares of land for cultivation of rice paddy. This investment is expected to create thousands of jobs in rice value chain. In addition to the current arrangement with Kebbi State, Lagos would go into partnership with neighbouring states, to ensure sustainable inputs for the mill and foster regional economic integration,” Governor Ambode said.

According to the agreement, the partnership with Buhler covers supplies and installation of the rice mill, including silos.

It also covers maintenance and technical support as well as technical training of Nigerians in the ever growing sub-sector of the Nigerian economy.

The rice mill will be the single largest mill of its kind in Nigeria and is expected to be delivered within twelve months.

Aside Governor Ambode, other members of the State’s delegation included the Commissioner for Finance, Mr Akinyemi Ashade; Special Adviser to the Governor on Overseas Affairs & Investment, Professor Ademola Abass; Commissioner for Agriculture, Hon Suarau Oluwatoyin; and the Permanent Secretary in the Ministry of Agriculture, Dr Olayiwole Onasanya.

 

The Punch

Leave a Reply

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

Latest News

The hearing of all pending applications in the N50 billion suit, filed by the... Continue
Arigo Technologies, a leading 21st-century tech company launched about three years ago as a... Continue
Rose Women Football Academy, tutored by coach Emmanuel Osahon, have emerged champions of the... Continue
DADA OLUSEGUN  The Lagos-Calabar coastal road project is undoubtedly Nigeria’s most ambitious transport infrastructure... Continue
IZUNNA OKAFOR  Operatives from the Anambra State Police Command have arrested no fewer than... Continue
As President Bola Ahmed Tinubu is making efforts to revive the nation’s economy, an... Continue
OBI TRICE EMEKA I estimate that one in every three people reading this has... Continue
MICHAEL AKINOLA  Police operatives from the Commissioner of Police Tactical Team, Area M, Idimu... Continue
JOHN MAYAKI   My attention has been drawn to a spurious and watery reaction... Continue
Operatives of the National Drug Law Enforcement Agency, NDLEA, have smashed an international drug... Continue

UBA


Access Bank

Twitter

Sponsored