Welcome to Linda Ikeji's Blog

Explore Cafepress Name anything in the world, and we'll show you hundreds of products that celebrate it. Or, you can design your own. From our sponsors

 

 

Welcome to Linda Ikeji's Blog

News, Events, Entertainment, Lifestyle, Fashion, Beauty, Inspiration and yes... Gossip! *Wink*

Photos: Aliko Dangote invests $1billion in rice production
8/2/2014 12:25:00 PM

Africa's richest man and chairman of Dangote Group, Aliko Dangote has invested $1billion in rice production in Nigeria.

The signing of the $1billion-dollar Rice Investment Memorandum of Understanding (MoU), between the Federal Government and Dangote Group held at the State House, Abuja yesterday August 1st

The Minister of Agriculture, Adewunmi Adesina and Alhaji Dangote signed on behalf of the Federal Government and Dangote Group respectively. Continue...

 

Dangote and Agric Minister Dr. Akinwumi Adesina at the signing at the State House, Abuja yesterday

Commending Dangote Group, president Jonathan said the investment is the single largest investment ever made in rice production in Africa. He thanked Alhaji Dangote for investing in agriculture and assured him that his investment will be worthwhile.

President Jonathan said he looked forward to a time Nigeria will be self-sufficient in rice production and a net-exporter of the grain, adding that the Federal Government will protect Nigeria's borders and check smuggling.

"Government cannot allow its borders to be porous. We are working on non-human measures and smugglers should have a rethink now and change their ways by investing their resources in other meaningful areas," he said.

In less than four years, Nigeria hopes to become a net-exporter of rice. The Dangote Group's investment in rice will cover five states and contribute additional 1.4 million metric tonnes of Paddy rice.

Alhaji Dangote thanked the President for the consistency of government policies, noting that the current $25 billion-dollar Dangote Cement Company was the result of the consistency of government policies. He assured President Jonathan, "We will continue to work hard and will not disappoint you."

 

You are receiving this email because you subscribed to this feed at feedmyinbox.com

If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions