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Agriculture

Nigeria to establish 40 rice mills with Chinese equipment

Monday, 23 November 2015 07:49

(Ecofin Agency) - Nigeria hopes to conclude negotiations with China in relation to the import of material required for the implementation of 40 rice mills. According to agriculture’s new minister, each of these mills will have a daily processing capacity of 100 tons and these infrastructures will be established throughout the country.

Audu Ogbeh explained that the implementation of this project which was inherited from the previous administration, will contribute to achieve the 2018 target set by the new government for rice self-sufficiency.

Experts however wonder if the new heads of Nigeria’s agriculture will succeed where the team led by Akinwumi Adesina, African Development Bank’s current president, failed despite an ambitious rice policy.

Nigeria which produced 3 million tons of rice last year still remains one of the major importers of the grain. Overall, the country injects $20 billion annually for its food imports.

Aaron Akinocho

 
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ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

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