14 New Rice Mills to Attract N250bn

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The Federal Government of Nigeria said it expects 14 new rice mills which will attract N250bn worth of investments to the sector.

Nigeria said Thailand had commenced moves to establish rice mills in Nigeria following the over 90 per cent reduction in the importation of rice from the country.

According to the Minister of Agriculture and Rural Development, Chief Audu Ogbeh, there are presently 21 large integrated rice mills with a total processing capacity of 1.22 million metric tonnes yearly and spreading across the country, from Kano, Enugu, Ebonyi, Kebbi, Anambra, Edo, Nasarawa, Benue, Kwara, Jigawa, Niger and Kogi states.

He said home-grown international grade rice can be found across Nigerian markets and a total of 14 mills will soon come on board.

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