I commend the partnership between the Kaduna State Government and Olam, which has resulted in the multi-million dollar Agricultural Complex I commissioned today, in Kaduna.

Olam’s investment in Poultry & Animal Feed Mills in Kaduna and Kwara States is a strong vote of confidence in our economic diversification vision.

That vision is for a Nigeria in which we grow what we eat. It is possible, and we are on course to achieve it, with the support of the private sector. Let me restate it that we will not relent in our efforts towards attaining agricultural self sufficiency in Nigeria.

We will continue to welcome and support more investment. This agricultural revolution Nigeria is witnessing will create jobs for our young people, attract investment, and grow our economy.

The old, import-dependent Nigeria is disappearing and a new Nigeria is rising in which we grow what we eat and consume what we make.

Leading Agri-business firm, Olam Nigeria Limited has set up a multi-million dollar integrated rice mill in Nasarawa State, North-central Nigeria, fitted with the capacity to produce 36,000 metric tonnes of milled rice per annum.

Olam’s Managing Director for Africa and Middle East, Venkataramani Srivathsan, who welcomed Nigeria’s President Goodluck Jonathan for the commissioning of the facility, said 3,000 hectares of land is already under cultivation on the 6,000 hectares of mechanised paddy farm where the rice mill is located.

Srivathsan said Olam plans to increase acreage in Nasarawa to 10,000 hectares. “This will bring Olam’s total investment in the integrated farm and milling facility to over N18 billion ($111 million),” he said.

Jonathan in his address said rice production was scaling up in the country as evident in the increase in the number of integrated rice mills from one to 18 in the past three years.

“I look forward to the day when Nigeria rice will go beyond our shores and traded internationally,” the president said, adding that with the growth achieved thus far, it is a possible feat for the country to achieve.

The president noted therefore that the country’s dream of becoming a net exporter of rice will be fast-tracked by encouraging large commercial farms as a way of complementing small-scale farmers.

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Joshua Olusan
Joshua Olusan 66 posts

Publisher, Author and founder of The African portal, studies journalism at university of Pennsylvania, writer's , motivational speaker, human rights activist, TV presenter, programme Director, Photographer & Graphic Designer.

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