Buhler AG, Swiss company that manufactures technologies and methods for processing grain into flour and feed will be supplying rice mills to the Lagos state government.
The agreement for the rice mills acquisitions was signed by the Lagos state government and Buhler AG in Zurich Switzerland.
The state government said the rice mills will create about 200,000 jobs across the agriculture value chain while also leading to the cultivation of 32,000 hectares of farmland to produce rice paddy, equating to an estimated 130 million kilogram of processed rice per year – the equivalent of 2.6 million 50kg bags of rice.
Buhler AG is a member of the Buhler Group. The group also engage in the manufacturing of plants used in the production of pasta and chocolate, in die casting, wet grinding and surface coating. The company’s core technologies are in the areas of mechanical and thermal process engineering.
The Lagos State Government on Friday signed an agreement with leading rice-mill producer, Bühler AG, for the acquisition of a 32 tonnes per hour rice mill.
Governor Akinwunmi Ambode, who led other senior members of his administration to Zurich, Switzerland, where the deal was sealed, said that the development was in furtherance of his vision of enhancing food security and creating employment in the state.
The partnership is expected to create about 200,000 jobs across the agriculture value chain while also leading to the cultivation of 32,000 hectares of farmland to produce rice paddy, equating to an estimated 130 million kilogram of processed rice per year – the equivalent of 2.6 million 50kg bags of rice.
Akinwunmi Ambode, the state’s governor said: “The state-of-the-art rice mill will be sited in Imota, Ikorodu, and it requires 32,000 hectares of land for cultivation of rice paddy.”
“This investment is expected to create thousands of jobs in rice value chain. In addition to the current arrangement with Kebbi State, Lagos would go into partnership with neighboring states, to ensure sustainable inputs for the mill and foster regional economic integration.”