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Nigeria Overtakes Egypt as Africa’s Largest Rice Producer

Nigeria has overtaken Egypt as the largest rice producer in Africa, producing 8 million tonnes out of the Africa average of 14.6 million tonnes of rice annually.

In times past, Egypt produces 4.3 tonnes annually but suffered a decline of almost 40 percent in the last one year.

The rural village of Kanko, in Niger State has over 100 rice farmers who produce 15 tonnes of rice from 200 hectares of land a year alone.

It would be recalled that the Muhammadu Buhari administration has always maintained that its ‘rice revolution’ has made the nation attain food sufficiency, especially in rice production.

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READ  Nigeria will start exporting rice soon – Dangote
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How Nigeria Can Attain Sustainable and Inclusive Growth – Dangote

Billionaire businessman Aliko Dangote has identified what Nigeria needs to drive sustainable and inclusive growth.

Dangote, who is Africa’s richest man, said this via a poat on his twitter handle on Friday.

He said, “Nigeria has one of the largest domestic markets with a population of over 200 million people.

“We need to drive sustainable and inclusive growth through industrialization, economic diversification and import substitution, creating jobs and driving economic prosperity.”

Dangote had on Wednesday aired his views about the Nigerian economy at a Roundtable session with the Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, with the theme “Going for Growth 2.0.”

He said when he read that the Nigerian Customs collected N1.35trn import duties last year, it means the economy isn’t working.

“If the economy is working, the Customs shouldn’t collect that much money, it is the Federal Inland Revenue Service (FIRS) that should,” he said.

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READ  Lagos Inaugurates Fadama Food Market In Badagry
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Airbus and Green Africa announce strategic Partnership for 50 A220 Aircraft

Green Africa Airways, Nigeria’s Lagos-based airline, has signed a Memorandum of Understanding (MoU) for 50 A220-300 aircraft, one of the major orders to be placed globally for the A220 programme and the largest ever from the African continent.

Babawande Afolabi, Founder and CEO of Green Africa Airways said the Green Africa story is a story of entrepreneurial boldness, strategic foresight and an unwavering commitment to using the power of air travel to create a better future.

Airbus Chief Commercial Officer Christian Scherer optimistic about the partnership, said the unique characteristics of the A220 will allow the airline to unlock destinations and route pairs that previously would have been considered non-viable.

The A220 is the only aircraft purpose-built for the 100-150 seat market; it delivers unbeatable fuel efficiency and widebody passenger comfort in a single-aisle aircraft.

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READ  Nigeria will start exporting rice soon – Dangote
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