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FEC Approves 10 Rice Mills



FEC Approves 10 Rice Mills

FEC Meeting

FEC Plan To Lease New Rice Mills To Private Sector For Proper Management

Efforts to enlarge the milling capacity of Nigeria have led the Federal Executive Council (FEC) to approve the establishment of 10 “very large” rice mills in the country.

Minister of State for Agriculture, Heineken Lokpobiri, disclosed this while briefing State House correspondents at the end of FEC meeting, held inside the council chamber of the Presidential Villa, Abuja.

He said that Nigeria needs not less that 100 large mills.

He said:  “as at today the country has about 21 but the federal government in its wisdom decided that today we should approve the establishment of 10 new rice mills at the total cost of N10.7 billion.”

He said the new rice mills would be privately managed and would be expected to pay back within a given period of time who would be decided by the Bank Of Agriculture.

He mentioned that currently, about 30 states are growing rice in the country while stating that according to the memo he submitted to FEC , the 10 new rice mills will be located across the six geopolitical zones of the country.

The ten states according to Mr Lokpobiri include Kebbi, Zamfara, Benue, Kogi, Bayelsa, Anambra, Kaduna, Niger, Ogun, and Bauchi.

“The capacity of the rice mills is 100 tones per day each,” he said.

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