Business Lagos Acquires Rice Mill From Switzerland, To Create 200,000 Jobs

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

Governor Ambode, who spoke shortly after the signing ceremony, said the development was in furtherance of his vision of enhancing food security and 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).

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“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 neighboring states, to ensure sustainable inputs for the mill and foster regional economic integration,” Governor Ambode said.

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.
 
This is good. The Lagos State Govt should also allow a substantial level of private partnership inputs: technical and financial for sustainability.
 
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