Tuesday, August 1, 2017

Osinbajo opens N10bn Africa's largest single line rice mill capable of providing 10,000 jobs (PHOTOS)



Acting President Yemi Osinbajo on Tuesday inaugurated N10 billion WACOT Rice Mill in Argungu Emirate of Kebbi State for rapid economic development.

The mill is capable of providing 10,000 direct and indirect jobs and it can process 120,000 tons of rice per annum. It is said to be the largest single line milll in Africa.

The Special Adviser to the President on Political Matters, Senator Babafemi Ojudu, in a statement on Tuesday said the rice mill “was midwifed by the APC governor of Kebbi State, Senator Abubakar Bagudu , the Central Bank of Nigeria and a private concern.”

“The governor of Kebbi where this is happening has only been in power for two years plus. Kebbi State is working at producing three million tons of rice per annum.

“The state is also doing well in the production of wheat. Close to 80,000 indigenes have been mobilized to the farm using the anchor borrower program of the CBN for rice and wheat production.















“In Kebbi people are investing and farmers are getting wealthy. Yield per hectare has quadrupled. The farming policy put in place by the State and the Federal Government is working.

“This is not the only plant in Kebbi. There is also Labana Rice Mill and more are still in the pipeline.

“Kebbi is determined to make rice do what oil has done for Nigeria. Kebbi has answered the clarion call by President Buhari that Nigeria must diversify its economy away from oil.








“This mill is important for several reasons and one is that the private sector is the agent of development.

“This is growth with jobs" in the next couple of years the plant will engage 50,000 farmers. The investment made in the past 10 months is worth N10 billion.”

Photo credit: Novo Lilian Isioro

Adeola Web Developer

5 comments:

  1. Great move by Governor Bagudu and the good people of Kebbi. The commitment of the Federal Government to diversify the economy is yielding fruit after all. Other agrarian States like Benue, Nasarawa, Taraba & Plateau should identify their strengths and develop it into a super brand. Nigeria go better!

    ReplyDelete
  2. This is a very good one for Kebbi State and Nigeria at large. I hope the food basket of the nation #Benue will borrow a leaf.

    ReplyDelete
  3. This is a very good one for Kebbi State and Nigeria at large. I hope the food basket of the nation #Benue will borrow a leaf.

    ReplyDelete
  4. Nice and thanks for bringing this to our hearing. Hope that the rice produced will be sold in Nigeria. Massive indeed.

    ReplyDelete
  5. Thanks Federal Government of Nigeria and thanks to Kebbi State!

    ReplyDelete