The rice sector revolution introduced by President Goodluck Jonathan
has attracted over N256 billion worth of investment within the last
three years. Minister of Agriculture and Rural Development Dr. Akinwumi
Adesina revealed this throughout the signing of a Memorandum of
Understanding with the Bank of Industry(Bol) to construct rice and
cassava mills over the country.
“Inside a three-year period,
we've had the opportunity to attract $1.6bn of investment to the rice
sector. The greatest one being Aliko Dangote that's set up over N165bn,
that will be $1bn into commercial rice production and also commercial
rice milling,” Akinwunmi said
