WACOT Rice Mill receives applause from Governor Bagudu, Ogbeh, Emefiele

The food security and youth
employment goals of the federal government is receiving major support with the
establishment of a rice processing mill with 120,000 metric tonnes capacity in
Argungu, Kebbi State by WACOT Rice Limited, a member of the TGI Group. The rice
mill is part of WACOT’s expansion plan, which targets a capacity increase with
additional rice plants to overall 500,000 metric tonnes in the next years.

Located in Argungu Local Government
Area, along the Argungu-Sokoto road, the rice processing plant is the first
rice mill to be conceptualized, executed and to be commissioned during the
administration of President Muhammadu Buhari. Work started on the Mill in
February 2016 and is scheduled to be formally commissioned in May, 2017. 
During a pre-commissioning visit to
the 120,000 metric tonnes mill on Thursday, the Governor of Kebbi State, Alhaji
Abubakar Atiku Bagudu, the Minister of Agriculture and Rural Development, Chief
Audu Ogbeh, and the governor of the Central Bank of Nigeria (CBN), Mr. Godwin
Emefiele, commended the Board and Management of WACOT Rice Limited for keying
into the ‘self-sufficiency in rice production’ goal of the federal government.
While conducting the special visitors
round the N10 billion state of the art Mill, the Group Managing Director of TGI
Group, Mr. Rahul Savara disclosed that the Mill will produce top quality rice,
and that it will generate direct and indirect employment for 3,500 people,
adding that over 50,000 farmers will have ready market for their produce.
WACOT’s Managing Director, Mr Ujwalkanta Senapati, adds that “WACOT views farmers
as partners with whom we work hand-in-hand to improve agricultural production.”
Mr. Savara further revealed that the
Mill is “the first rice plant in Nigeria with captive power co-generation
facility and that it will generate 1 MW electricity from rice husks, thereby
ensuring that all by-products and waste products are fully consumed and the
environment is protected. 
While commending the management of
WACOT for locating the mill in his State and for completing it within a short
period, the visibly elated Governor Bagudu said, “what WACOT has done shows
that Nigeria has friends and a friend in need is a friend indeed”, adding,
WACOT is investing in Kebbi because we have created the enabling environment
for business to thrive”.
The Governor also declared that once
the WACOT Mill starts full operation, a large part of the rice cultivated in
the State will be processed within the state, instead of being taken elsewhere
for milling. He also used the opportunity to reiterate the fact that Kebbi
state is endowed with massive arable land, fit for production of rice, wheat,
maize, sorghum, groundnut etc.
 Also, speaking during the visit, Chief Ogbeh
stated that the Federal Government will continue to encourage and support
organisations such as WACOT, in its efforts to enhance and stabilise food
production in the country. He commended WACOT for having faith in Kebbi State
and Nigeria.
While applauding the focus of the
Kebbi State government on Agriculture, the Minister said that it is anticipated
that more state governments will embrace this laudable path, in order to
promote food sufficiency and economic development in the country. He added that
for the country to have lasting security, there must be concerted effort by all
tiers of government to tackle the twin issues of food security and
unemployment, as youth unemployment could be a time bomb for the country.
The Minister concluded by saying that
“a time is coming when the most important person in Kebbi State will not be a
politician but a farmer”.
On his part, the CBN governor, Godwin
Emefiele lauded WACOT Limited for the feat, adding that the mill will save the
country substantial amount of foreign exchange that would have gone into rice
importation. He also assured the farmers that government will continue to do
everything to ensure that their products are sold.


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