• Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints

Africa’s richest man, Dangote, announces major investment to boost rice production

Simon Osuji by Simon Osuji
May 24, 2025
in Business
0
Africa’s richest man, Dangote, announces major investment to boost rice production
0
SHARES
6
VIEWS
Share on FacebookShare on Twitter

At a trade fair spearheaded by the Dangote Group, Fatima Abdurrahman, Senior Special Adviser to the President of the Dangote Group, confirmed the multi-billion naira initiative.

The company disclosed that it is constructing a high-capacity rice mill with a production capacity of 32 metric tons per hour on a 30-hectare site.

Abdurrahman described the project as a key component of the Niger Food Initiative, a public-private agricultural development program launched by the state government.

“As part of our commitment to advancing agriculture, we plan to establish one of the largest rice mills here in Niger State,” She said.

Related posts

Dogecoin Maintains 10 Cent Price Despite 11% Daily Dip

Dogecoin Maintains 10 Cent Price Despite 11% Daily Dip

February 17, 2026
Why Copper Stocks Could Explode Like Bitcoin in 2011

Why Copper Stocks Could Explode Like Bitcoin in 2011

February 17, 2026

Facility infrastructure and benefits

The facility will feature 32 silos, each capable of storing 2,500 metric tons of paddy rice, and a 5.8-megawatt captive power plant to ensure uninterrupted operations. ‘This state-of-the-art facility ensures high efficiency, minimal waste, and premium-quality output,‘ Abdurrahman added.

Dangote said it is constructing a high-capacity rice mill with a production capacity of 32 metric tons per hour on a 30-hectare site.

Beyond infrastructure, the Dangote Group will operate as a 100% off-taker for rice produced by local farmers under the out-grower scheme.

The conglomerate will also be a major supplier of essential inputs, such as fertilizers and seedlings, supporting thousands of smallholder farmers across the state.

She further emphasized the project’s significant social and economic impact, highlighting that it will create substantial employment opportunities and strengthen the agricultural value chain.

A representative of the Minister of State for Agriculture and Food Security, Sabi Abdullahi, joined the conversation, reiterating that commercial agriculture is a major focus of President Bola Tinubu’s economic development agenda.

Abdurrahman concluded by describing the rice mill as a cutting-edge facility that integrates the latest milling technologies for efficient, high-quality, and sustainable production.

“Once operational, it will not only boost local rice production but also strengthen the entire agricultural value chain, from farm to market.” she said.

Source link

Previous Post

Former Navy SEAL and United States (U.S) Congressman Scott Taylor to Speak at African Energy Week (AEW) 2025, Underscoring U.S.-Africa Energy Investments

Next Post

7 Best Coffee Pod Machines (2025), Tested and Reviewed

Next Post
7 Best Coffee Pod Machines (2025), Tested and Reviewed

7 Best Coffee Pod Machines (2025), Tested and Reviewed

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Disney Is Building a New Theme Park in Abu Dhabi

Disney Is Building a New Theme Park in Abu Dhabi

10 months ago
Google’s AI model faces European Union scrutiny from privacy watchdog

Google’s AI model faces European Union scrutiny from privacy watchdog

1 year ago
Siasa PLACE Launch “Taptangelei, Unemployment & Digital job” A Study On Youth Perspective On The Changing Nature Of Work

Siasa PLACE Launch “Taptangelei, Unemployment & Digital job” A Study On Youth Perspective On The Changing Nature Of Work

2 years ago
DPWI security thwarts armed thugs in attack on government property

DPWI security thwarts armed thugs in attack on government property

1 year ago

POPULAR NEWS

  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • The world’s top 10 most valuable car brands in 2025

    0 shares
    Share 0 Tweet 0
  • Top 10 African countries with the highest GDP per capita in 2025

    0 shares
    Share 0 Tweet 0
  • Global ranking of Top 5 smartphone brands in Q3, 2024

    0 shares
    Share 0 Tweet 0
  • When Will SHIB Reach $1? Here’s What ChatGPT Says

    0 shares
    Share 0 Tweet 0

Get strategic intelligence you won’t find anywhere else. Subscribe to the Limitless Beliefs Newsletter for monthly insights on overlooked business opportunities across Africa.

Subscription Form

© 2026 LBNN – All rights reserved.

Privacy Policy | About Us | Contact

Tiktok Youtube Telegram Instagram Linkedin X-twitter
No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • LBNN Blueprints
  • Quizzes
    • Enneagram quiz
  • Fashion Intelligence

© 2023 LBNN - All rights reserved.