Governor, Atiku Bagudu of kebbi state, has commended WACOT Rice Limited, a subsidiary of TGI Group, for its relentless efforts in boosting the drive towards food security in Nigeria.
The governor said this on the heels a $10.5 million (about N4.99 billion) co-investment partnership which WACOT Rice Limited signed with the USAID-funded West Africa Trade and Investment Hub (WATIH).
The company, which has an Outgrower Expansion Project in Argungu, Kebbi State, aspires to be West Africa’s leading rice producer. Through the new partnership, WACOT Rice will register an additional 5,143 farmers to complement its already existing outgrower network in the state. OTher new farmers are expected to cultivate over 5,000 additional hectares of land thereby producing over 20,000 tons of paddy, which will be utilised at the company’s 120,000-ton rice mill.