10 Takeaways for you As FG Inaugurates Imota Rice Mill

Hopefully, Nigeria may produce surplus rice which will in turn mitigate the current inflation on rice commodity as the Lagos State Imota Rice Mill production facility in Ikorodu was inaugurated by President Muhammadu Buhari, on Tuesday.

 

The mill is expected to improve the country’s capacity for producing local parboiled rice. The mill also targets becoming the leading producer of premium brands in the market.

 

The mill is the largest in Africa and is currently boosting of contributing towards eliminating importation and smuggling of imported parboiled rice as the country eyes sufficiency in the production of the grain, which according to the United States Department of Agriculture has reached five million tons in 2022.

With this production figure, Nigeria still has a deficit of two million tonnes per annum with demand at seven million tonnes. Lagos, Nigeria’s commercial centre, consumes two million metric tonnes of rice annually.

 

“The Imota Rice Mill is an effort by Lagos State to support the country’s rice revolution,” Babajide Sanwo-Olu, governor of Lagos State said at the inauguration ceremony. “It will create jobs and help drive sustainable growth and we are glad to be part of the country’s agricultural revolution.”

 

The rice mill, standing on an area of 8.5 hectare of land has been built with an annual paddy requirement of over 240,000 metric tonnes to produce 2.5 million bags of 50kg bags of rice yearly, while generating 250,000 direct and indirect jobs to Lagosians.

 

Imota Rice Mill is also the third largest in the world, with an installed capacity of 32 metric tonnes per hour.

 

Rice production has dominated the discourse in the Buhari led administration’s agricultural sector revolution since coming into power in 2015.

 

The sector is critical to the economic growth and development of Nigeria as it will not only enhance the diversification and integration of the economy, but also become a major source of foreign exchange earner for the country.

10 Takeaways as FG Inaugurates Imota Rice Mill

1. It is the largest mill in Africa and the third largest in the world.
2. It sits on 22 hectares of land.
3. The mill has a capacity to produce 32 tonnes per hour and 2.8 million 50kg bags yearly.
4. It is an integrated mill with two warehouses and 16 silos.
5. Each silo is 25 meters high with 2,500-ton storage capacity or a combined 40,000 tonnes total storage capacity for the mill.
6. The mill operates in two lines that receive, pre-clean, boil, dry, sort, hull, polish and bag the rice.
7. At full capacity, the mill will create 1,500 direct and 254,000 indirect jobs.
8. In October 2022, the Lagos State Government signed of TGI Group, to manage the Rice Mill. An agreement with WACOT Rice Limited, a subsidiary.
9. Only local staff were used for the assembly of the mill.
10. The mill sits close to the LekkiFreeZone, a 16,500-hectare freetrade area, the masterplan for which also contains a proposed airport, a start-up community, and commercial and residential areas.

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