Wednesday 15 February 2017

Dangote looks forward to acquiring 25,000 hectares of land for rice in Sokoto

Dangote Rice, a subsidiary of Dangote Group,
is set to launch in Sokoto State it’s multi-
million naira 25,000 hectares of rice outgrower
scheme with a prospect of hundreds of
employment opportunities for the rural
communities.
By year-end 2017, Dangote Rice plans to
produce 225,000MT of parboiled, milled white
rice. This will allow us to satisfy 4% of the
total market demand within 1 year. Our model
can then be successfully scaled to produce
1,000,000MT of milled rice in order to satisfy
16 per cent of the domestic market demand
for rice over the next five years, it said.
President of the Group, Aliko Dangote,
disclosed at the weekend that the company
will on Wednesday, flag off with a pilot project
of 500ha by Goronyo dam, in Goronyo
community. Goronyo dam is the second
largest in the country, after Kainji.
The flag off ceremony which will be performed
by the governor of the state, Alhaji Aminu
Tambuwal, will witness seedlings being
distributed to the primary local farmers who
will in turn plant the seed after which Dangote
Rice company would purchase the harvest
from them for milling and final processing.
Statistics from the Federal Ministry of
Agriculture and Rural Development (FMARD)
estimates that  rice demand in Nigeria reached
6.3 million MT in 2015, with only 2.3 million
MT of that demand satisfied by local
production.