NLNG Corporate Caring banner FirstGem 3rd anniversay lecture Fidelity bank card banner Emerald Energy Institute Camano banner

Dangote: How we plan to feed Nigerians

By News Express on 23/02/2015

Gmail icon

Views: 3,093

The Dangote Group has expressed optimism that with its ongoing agricultural projects across the country, Nigeria is on its way to being self-sufficient in food production.

The Group in a statement issued this morning in Lagos reiterated its determination to support the Federal Government in its effort to revolutionise the agricultural sector and make Nigeria self-dependence in the areas of food production.

Reputed to be the single largest private sector employer of labour in Nigeria, Dangote Group is currently investing in fertilizer, rice, tomato paste and sugar production, among others. It is also building a 650,000 bpd petroleum refinery which will be the single largest in the world.

Only last year the Group signed a Memorandum of Association (MoU) with the Federal Ministry of Agriculture and Rural Development to invest $1billion for the establishment of fully integrated rice production and processing operations across the country.

The statement said the MoU and the planned investment are a response to government reforms of the Agricultural Transforming Agenda (ATA) launched in 2011.

The statement said the Group has acquired farmlands in Edo, Jigawa, Kebbi, Kwara and Niger States totaling 150,000 hectares to be used for commercial production of rice paddy.

It added that the company will also establish two modern large-scale mills each with capacity to mill 120,000 metric tonnes of rice paddy, while doubling the capacity within two years.

This, according to the statement, will become the single largest investment in rice production in Africa. It said that the rice plants are estimated to produce 960,000 metric tonnes, representing 46 per cent of total rice imported into Nigeria.

News Express recalls that Group President Aliko Dangote had said during the signing of the MoU that Nigeria “is capable of producing rice that can feed the whole of West African sub-region.”

A statement from the Dangote Group also said it is investing in tomato paste production in Kano, as well as a $2 billion fertilizer projects in Edo State.

The statement disclosed that the Group’s foray into agriculture and food processing business began in 1997 when it keyed into the backward integration policy of the government in sugar sub-sector of the nation’s economy.

•Photo shows Dangote Group President Aliko Dangote.

Source News Express

Posted 23/02/2015 08:41:54 AM





You may also like...
Crushing Governor Ajimobi was a collective responsibility —...

Trump’s chief of staff John Kelly quits

PDP raises campaign committees for Kogi, Bayelsa governorship...

Breaking News: Nollywood star Mercy Johnson gives birth...

Two arrested over killing of UNILAG Medical Graduate...

Agwai C’ttee submits report on Southern Kaduna killings...

Boko Haram’s attack on Kirikiri Prisons (Lagos) aborted...

Pope Francis advises politicians on abortion, others

Bandits kill 11 in fresh attack in Katsina...

Hausa community identifies with Gov. Udom Emmanuel

Governing councils of federal universities not dissolved —Presidency...

Court halts Saraki’s trial over alleged false asset...


Latest News Quramo Publishing announces 2019 Writers’ Prize shortlist and QFest 2019 Mahama, Muhtar, Others arrive Lagos for Realnews Anniversary Lecture HURIWA condemns kidnapping of Enugu Priest •Demands holistic anti-kidnapping legislations by National, State Assemblies Perm Sec, pregnant wife, 2 kids burnt to death Herdsmen in Imo get 24 hours to leave Wife of Kogi’s deputy governor attacked by thugs Western Sahara: Falana demands suspension of Morocco from AU How sting operation exposed anti-graft agent demanding $20,000 bribe ― Judge Senate disowns Hate Speech Bill Woman drags businessman to court for alleged sodomy Varsity lecturer still missing 3 months after abduction in Kaduna Group urges southeast governors to fulfill electioneering promises


Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (563,657 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (452,714 views) Shameless Genevieve Nnaji exposes breasts in public (401,949 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (336,398 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (304,014 views) 10 cars more expensive than Jets (282,108 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (259,084 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (257,304 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (238,837 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (225,231 views) Lagos plane crash: Journalist releases victims’ names (201,682 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (198,306 views)


CBN milk production

CBN banner advert

UBA Wise Savers Promo


Categories Advertorials (3) African Press Organisation (81) Art & Literature (110) Business & Economy (4,576) Business Verdict (86) Columnists (1,144) Complaints & Requests (97) Enterprise & Opportunities (219) Entertainment (704) Features (845) Global Business Monitor (493) ICT Monitor (67) International (4,218) Interview (211) Live Commentary (30) Love Matters (176) Maggie's Blog (486) News (54,097) Opinion (1,420) Pidgin (17) Politics (11,765) Religion (1,121) Sports (2,227) Stock Watch (40) AMA & Al Jazeera Global Update







APO Group Partner




GOCOP Accredited Member

GOCOP Accredited member



Africa Media Agency and Al Jazeera