Lagos, Nigeria Aug 8, 2024 (Issuewire.com) - Dangote Rice Limited, an integral part of the Dangote Group, is proud to unveil its ambitious and strategic plan to achieve self-sufficiency in rice production for Nigeria. The company's comprehensive approach is designed to accommodate the diverse agricultural landscapes across the nation, with the goal of revolutionizing rice farming and processing, and positioning Nigeria as a leader in rice self-sustainability.
To realize this vision, Dangote Rice Limited is establishing state-of-the-art rice processing facilities throughout the country. These facilities are not only aimed at enhancing production capacity but also at addressing the unique needs of various regions. The company's multifaceted sourcing strategy is crafted to ensure a robust and reliable supply of paddy rice.
Central to this strategy is the grower program, which involves direct outreach, aggregation, and agent-based models. This program, expected to fulfill 60% of the company's paddy rice requirements, directly engages local farmers and aggregators to rapidly scale up production and maintain a steady, high-quality supply of rice.
Additionally, to enhance supply security and mitigate sourcing risks, Dangote Rice Limited is developing its own farms, with significant land already identified in Nasarawa. These farms will contribute to the company’s rice supply and serve as exemplars of best practices in rice farming. To balance supply with demand, the open market will be leveraged to cover any shortfalls in production, ensuring consistent availability of rice for the Nigerian market.
Beyond securing a steady rice supply, Dangote Rice Limited’s comprehensive sourcing strategy aims to uplift the lives of over 100,000 local farmers. By integrating these farmers into its supply chain, the company is committed to improving their livelihoods through better access to resources, training, and fair pricing. This initiative is expected to enhance economic stability for these farmers and significantly improve food security across Nigeria.
Dangote Rice Limited’s efforts are part of a broader vision to foster sustainable agricultural development in Nigeria. Through investment in modern processing facilities, innovative farming techniques, and strategic sourcing models, the company is setting a new benchmark in the agricultural sector. This vision aligns with the national goal of achieving food self-sufficiency and reducing reliance on rice imports.
About Dangote Rice Limited
Dangote Rice Limited, as an integral part of the Dangote Group, is at the forefront of transforming Nigeria’s rice sector. The company’s mission is to achieve self-sufficiency in rice production, thereby contributing to national food security and economic growth. Leveraging the extensive experience and resources of the Dangote Group, Dangote Rice Limited is poised to drive sustainable and inclusive growth in Nigeria’s agricultural sector.
For more information, please contact:
Phone: +23414480815
Email: communications@dangote.com
Social Media: Facebook
Media Contact
Dangote Group communications@dangote.com 09134480815 Ikoyi, Lagos, Nigeria https://dangote.com/
