Nigeria wastes $2.6bn on rice yearly - Gov Ahmed

Date: 2012-01-27

Kwara State governor, Alhaji Abdulfatah Ahmed, yesterday lamented that Nigeria has spent at least $2.6bn every year on the importation of rice into the country, a situation he said needed to be addressed urgently. Ahmed, who called for a revolution in the agricultural sector, made the observation at a ceremony where he signed a Memorandum of Understanding (MoU) with a Spanish company; Vasolar Consortium, an agricultural outfit at the Government House, in Ilorin yesterday.

The project, which is a tripartite partnership between the Kwara State government, the Spanish outfit and the Federal Government, will cost Vasolar about N70bn in four years while the state is to make 20,000 hectares of land available in a format of the Shonga commercial farm project.

Governor Ahmed said the farm project would be sited in the northern part of Edu, Patigi and Ifelodun Local Government areas of the state which is expected to produce at least 40, 000 tonnes of rice annually.

Explaining the gains of the farm project, which propelled the commitment of the government, Ahmed said he had in mind, the over 70 percent youths whose larger percentage will be gainfully engaged as well as the local farmers, who would learn modern techniques of rice farming. The governor also said local farmers would enjoy the privilege of traveling to Spain for advanced technical knowledge.

Ahmed said his government chose rice production project because of its readymade market as rice has become a staple food everywhere in the world, adding that the Spanish firm was engaged because of its expertise and knowledge in rice production spanning more than 50 years.

Earlier, Chairman of Vasolar consortium, Mr. Miguel Gallardo Macias, said Kwara State has got all it takes to succeed in the rice project because of the availability of water, sun, and soil and praised the state government's political will to develop agriculture.

Marcias appreciated the agrarian nature of the climate and vegetation of Nigeria which he said needed to be adequately tapped. He recalled what led to an agricultural revolution in Spain some 50 years ago when the country could no longer meet its food production needs. The Guaranty Trust Bank, GTB, the appointed bankers for the project and the Federal Ministry of Agriculture were represented at the ceremony.

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

April 11     Doyin Agbamu     Segun Olawoyin     CACOVID     Gabriel Fashanu     Bolaji Abdullahi     Offa Metropolitan Club     Moremi High School     Abdulmalik Bashir Mopelola Risikatullahi     Jawondo     Abdulrahman Abdulrazaq     Yusuf Mubarak     National Party Of Nigeria     Kamaldeen Kehinde     Bolakale Ayo     Kwara State Internal Revenue Service     Valsolar-Kwara Company Limited     Amuda Musbau     Bayer AG     ASKOMP     Federal Road Maintenance Agency     Budo Egba     Soffiyyallah Kamaldeen     Abdulwahab Oba     Gani Saadu     Special Agro-industrial Processing Zone     Kwara Liberation Group     Osuwa     Idris Garuba     Olayinka Olaogun     Ayeyemi Sulaiman     Alao Ayotunde     Oniwa     Arinola Fatimoh Lawal     Pakata     Lateef Fagbemi     Saka Adeyemo     Babaita     Muritala Awodun     General Hospital, Ilorin     COVID-19 Palliatives     Moses Rahman Popoola     Abatemi Usman     Hassan Abdulazeez Elewu     Tunde Oyawoye     Egbewole     Kolade Solagberu     Oko-Erin     Emir Of Kano     Michael Nzekwe     Federal Neuro-Psychiatric Hospital     Muhammadu Buhari     Ahmed Alhasssan     Sidikat Alaya     Kayode Bankole     Ilota     Yusuf Amuda Aluko     Omoniyi Ayinla     Ashiru     Mumini Ishola Hanafi     Busari Alabi Alausa     Yakubu Gobir     Abiodun Abdulkareem     Bureau Of Lands     Taofik Abdulkareem Babaita     Jimoh Olusola Imam     Oluwarotimi Boluwatife Adenike     Logun     Adaramaja     2023 Elections     African Democratic Congress     Shonga     Maigida Soludero Transit     Volunteers Of Ilorin Community And The Emirate     Abdulkadir Remi Hawawu     Lotus Bank     Ezekiel Yissa Benjamin    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Mansur Alfanla     SSUCOEN     Ajibola Ademola Julius     Kayode Oyin-Zubair     Amos Bajeh     Abdulkareem Alabi     Ilorin Talaka Parapo (ITP)     Student Learning Support Helpline     Olatunde Jare     Ojuekun     Akanbi-Oke     Aso Ofi     Bola Shagaya     Mazars Consulting     Salman Suleiman     Bureau Of Lands     Kwara Apc     Yomi Ogunsola     Voices Of Tomorrow     Marufat Oladosu     Share/Tsaragi     Adijat Adebiyi     Victor Gbenga Yusuf     Ayinke Saka     Balogun Ajikobi     Kwara Volleyball Association     Akeem Lawal     Alfa Modibbo Belgore     Lateef Alagbonsi     Mohammed Ajia Ibrahim     Alabe     Bello Abubakar     Abdulwahab Oba     Muhammad Yahya     Abdulsalam A. Yusuf     Kazeem Oladepo     Nnazua     Moremi High School     Abdulquawiy Olododo     Salake     Yemi Osinbajo     Sa\'adu Salau     NaAllah     Mumini Ishola Hanafi     Maja     Abatemi-Usman     United Nigeria Airline     Lola Olabayo     Sardauna     Isiaka Danmeromu     Dapo Teni Nig Enterprise     General Hospital, Ilorin     Ezekiel Yissa Benjamin     National Democratic Congress     Shehu Alimi Foundation     Y.A. Abdulkareem     Galadiman Ngeri     Samuel Adaramola     Shehu Jimoh     AbdulRazaq AbduMajeed Alaro     Ilorin Central Mosque     Adesoye College     Simeon Sule Ajibola     Chemiroy Nigeria Limited     Segun Olawoyin     Forgo Battery Company Limited     NIPOGA     CKNG     Grillo     Budo Egba     Coronavirus     Aliyu U. Tilde     Chikanda     Bashir Adigun     Mohammed Yisa     FERMA     Jawondo