Saturday, December 21, 2024
24 C
Lagos

Dangote, Sokoto State Sign Rice Grower Deal

A tripartite agreement spare headed by the Dangote Rice Limited to create jobs for 16,000 outgrower rice farmers in Sokoto was yesterday signed amid excitement and a pledge by all parties to ensure the success of the scheme to make Nigeria self sufficient in rice cultivation.
The agreement was signed during the launch of the Dangote rice outgrower scheme in Goronyo, Goronyo Local government, Sokoto, which was witnessed by the Sultan of Sokoto, Alhaji Sa’ad Abubakar. Farmers were presented with rice seeds, fertilizers, nets, agro-chemicals.
Chairman of Dangote Rice Limited, Aliko Dangote said he was mover to go into rice cultivation because of the genuine interest of the Federal government to revive agriculture as the mainstay of the economy, and reduce importation of foods that could be produced locally.
He lamented that Nigeria consumes 6.5 Mtn of rice which costs the nation over 2 billion dollars annually, pointing out that it is heartening that the government now has policy direction that encourages private sector’s active participation in agriculture.
“Buoyed by the policy direction of the federal government, we at Dangote decided to key into this by establishing Dan gone Rice Limited to partner with states to redress the present situation where a huge sumo forex is spent on importation of rice.
“In the next three years we want to produce one million tons of quality rice and make it available and affordable to the people. We hope to do 150, 000 ha and when we are done, Nigeria will not have anything to do with importation of rice.
“Dangote Rice outgrowers scheme is committed to creating significant number of jobs, increasing the incomes of smallholders farmers and ensuring food security in the country by providing high quality seeds, fertilizers and agro-chemicals as well as technical assistance on best agricultural practice to farmers.
“This Scheme will help to diversify the economy, alleviate poverty and reduce the nation’s import bill. The scheme has been designed as a one stop solution for the rice value chain,” he stated.
The Dangote Rice Project Director, Robert Coleman, said the Sokoto operation was a demonstration phase to familiarize the farming community with the programme, train extension workers and lead farmers as well as test modern technologies.
He noted that they would have 25,000 ha cultivated by nearly 50,000 outgrowers in 2017 in addition to hundreds of jobs expected to be created by the end of that year.
In his remarks, Governor Aminu Waziri Tambuwal expressed delight at the event, saying the coming of Dangote to invest in the state was as a result of his sustained effort towards inviting prospective investors to the state.
He said the state under the scheme, just as it had done with the federal government, would distribute nets, water pumping machines and fertiliser T subsidised prices to help the farmers have good yield.
The National President of Rice Farmers Association, Alhaji Aminu Goronyo described the scheme as one of the potential means of making rice available and at low cost to the people because the farmers are encouraged to put all their best into it.
He said he has no doubt the scheme would success because it a private sector driven and that given the pedigree of Dangote in business, he was sure there the scheme would be sustainable and sooner than later other states will key into it.

spot_img
spot_img
spot_img

Hot this week

PenCom Targets N22tn Pension Contributions by End 2024

The National Pension Commission (PenCom) says it expects pension...

PalmPay, Jumia Launch Holiday Campaign to Reward Users

This holiday season just got a whole lot more...

Adekunle Gold, Wande Coal, Young Jonn Set to Thrill Fans at Lagos Shopping Festival

Lagosians are in for the most exciting music extravaganza...

Mediacraft Associates Continues to Blaze the Trail in Awards

  Group CEO Voted ‘Legend of Marketing Comms’ John Ehiguese, CEO...

Committee of Banks in Nigeria Donates Multimillion Naira Relief Materials to Jigawa Flood Victims

The Committee of Banks in Nigeria on Thursday lifted...

Topics

AIG to Invest $1.3bn by 2023 on Technology, Services

  American International Group (AIG) says it will invest $1.3...

Towards A Stronger Union Bank – Year 105 in Review

2022 was a remarkable year for Union Bank of...

How Malnutrition Hinders Women Empowerment

Systemic malnutrition hinders the empowerment of women in many...

S&P: Sub-Saharan African Sovereign Commercial Loans to Fall 20% in 2016

American rating agency, Standard & Poor’s indicated in a...

Ringier Africa, Asia Pacific Form New Structure/Leadership

Ringier is restructuring its international market set-up for the...

CBN Plans BVN Registration for MfB, PMI Customers

The Central Bank of Nigeria (CBN) has disclosed on-going...
spot_img

Related Articles

Popular Categories

spot_imgspot_img