Follow Us on Google Discover
- The Stallion Group, has intensified efforts in expanding its operations at the country’s fully integrated rice value chain to the tune of over N30 billion.
- The Group, according to a statement, was leveraging on the policy impetus provided by the Federal Government’s Agricultural Transformation Agenda (ATA).
- Chairman of Stallion Group, Sunil Vaswani, said: “Sensing the need for local self-sufficiency and alignment with Nigerian government’s ambitions for food security, Stallion is working to improve farm yields and bring in sustainable and scalable growth to farmers.”
- The chairman said that there is an increase in local production of up to 430,000 MT per annum, with a target for local rice production at 1.5 million tons through the establishment of more milling capacities and structured farming activities.
- Furthermore, the Group has established fully integrated rice mills at strategic locations, to promote milling and paddy cultivation in selected areas.
- Source: New Telegraph
Follow Us on Google Discover
Cornerstone Insurance shareholders approve business split, name change to Cornerstone Holdings Plc
Warning: Undefined variable $post_id in /var/www/nairametrics/wp-content/themes/nairametrics/comments.php on line 134
Warning: Undefined variable $post_id in /var/www/nairametrics/wp-content/themes/nairametrics/comments.php on line 134