• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Friday, July 4, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

WACOT Rice Mill Expansion Now 95% Complete

by Leadership News
2 years ago
in Business
WACOT Rice Mill
Share on WhatsAppShare on FacebookShare on XTelegram

WACOT Rice Limited, a member of the Tropical General Investments (TGI) Group and one of Nigeria’s leading economic contributors, has announced that its mill expansion project began in 2021 and is 95 per cent complete, with full milling operations set to begin in August 2023.

Advertisement

The company made this known when it hosted the Kebbi state government for a pre-commissioning visit at its newly expanded 240,000-ton rice mill in Argungu, Kebbi State, on Saturday, thus boosting Nigeria’s food security and the state’s economy.

The original 120,000- metric tonnes rice mill was commissioned in 2017 by Vice President, Prof. Yemi Osinbajo. Governor Atiku Bagudu in company of the governor-elect, Dr Nasir Idris, and other dignitaries were part of the Kebbi state government delegation that visited the factory. Whilst expressing his delight on the progress of the project, Governor Bagudu also highlighted its positive impact on the nation and Kebbi State’s suitability for agricultural investments.

“This is another milestone by WACOT Rice. In spite of a very challenging world economy where Nigeria battled two recessions, amazingly this company believed in Nigeria, and they invested in Nigeria, and they showed that Nigeria is a destination for all investors.

Governor Bagudu thanked the management and staff of WACOT Rice for making tremendous contributions to the state with its corporate social responsibility projects. He assured the company of the state’s continuous cooperation.

RELATED

At LEADERSHIP Twitter Spaces: AMCON Creates Moral Hazard For Banking Industry – Analysts

AMCON Sells 60% Stake In Ibadan DisCo For N100bn

6 hours ago
NADF Unveils Digital Tool To Track N19.5bn Agri-support Project

NADF Unveils Digital Tool To Track N19.5bn Agri-support Project

6 hours ago

“WACOT Rice, more than money, has contributed to our self-confidence and economy. They have not only helped in the production of rice but are processing the highest quality that today, Nigerians and non-Nigerians across the country are confident that Nigerian rice is equivalent to the very best that is being bought elsewhere.The governor-elect, Dr Nasir Idris, commended WACOT Rice for its substantial investments across the state, noting that they have vastly improved the economy while empowering people. “We have witnessed this ourselves, and we are very happy. Our people are engaged and employed in various capacities. Definitely, WACOT Rice has reduced the rate of unemployment, and we want to thank the management. We are going to continue to partner with them, and play our own part by ensuring that we continue to create an enabling environment for them to keep operating and growingChairman of WACOT Rice, Farouk Gumel, thanked the Kebbi state government for the support provided and assured continuous investment in the state. “On behalf of the management and board of WACOT Rice, I thank the Kebbi State Government under the able leadership of Governor Atiku Bagudu for the support.

The existing mill is a 120,000 metric tonnes mill which we have just doubled to make up to 240,000 metric tonnes/annum. Our interest is to continue to invest in Kebbi state because of the opportunities and enabling environment the government has created.”The mill’s expansion is expected to impact Nigeria’s food security ambitions positively, and Gumel noted that WACOT Rice would not rest on its oars until the country becomes food sufficient. “We align with President Buhari’s administration goals for rice and food sufficiency, and I assure you that with this commissioning of our expanded mill, the future is bright for Nigeria.”

The President of the Rice Farmers Association of Nigeria (RIFAN), Alhaji Aminu Mohammed Goronyo, also praised the presence of WACOT in Nigeria. “WACOT is a blessing, not only to Kebbi State but to Nigeria as a whole. WACOT has supported this administration, over time to achieve rice sufficiency in Nigeria, which, by extension, is achieving food security. We hope they will continue to play their key role.

”WACOT Rice is a member of the Tropical General Investments (TGI) Group. TGI Group is a global conglomerate with majority of its investments in emerging markets. TGI’s investments focus on driving inclusivity and value addition using locally sourced raw materials, state-of-the-art manufacturing facilities and a highly skilled workforce to produce world-class products consumed locally and exported to global markets. TGI Group is the parent company of WACOT Rice, CORMART, CHI Farms among others. 

 


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can now earn US Dollars from the comfort of their homes with Ultra-Premium domains, acquire them for as low as $1700 and profit as much as $25,000. Click here to learn how you can earn US Dollars consistently.


Tags: WACOT Rice Mill
SendShareTweetShare
Previous Post

Elumelu Calls For Collaboration To Create Wealth, Empower Youths

Next Post

Appeal Court Stays Order Suspending Seplat CEO, Others

Leadership News

Leadership News

You May Like

At LEADERSHIP Twitter Spaces: AMCON Creates Moral Hazard For Banking Industry – Analysts
Business

AMCON Sells 60% Stake In Ibadan DisCo For N100bn

2025/07/04
NADF Unveils Digital Tool To Track N19.5bn Agri-support Project
Business

NADF Unveils Digital Tool To Track N19.5bn Agri-support Project

2025/07/04
Business

FG Begins Vehicle Recycling Enforcement October, Eyes N60bn Annually

2025/07/04
Zenith Bank Emerges Most Sustainable Bank
Business

Zenith Bank Ranked Nigeria’s Top Tier 1 Bank

2025/07/04
GTCO, 7 Others Post N1.3trn Pre-tax Profit In Q1
Business

GTCO Raises $105m In Share Sale, To List On London Exchange

2025/07/04
Norrenberger Promotes Financial Literacy In Children
Business

Norrenberger Opens Regional Office In Kano

2025/07/04
Leadership Conference advertisement

LATEST

China Welcomes Russia’s Recognition Of Afghanistan’s Taliban Rule

Defections: Akwa Ibom Assembly Gets New Leader, Deputy

NDYC Urges Politicians To Respect INEC’s Integrity, Condemns Amaechi, El-Rufai Comments

JUST-IN: Court Orders Immediate Reinstatement Of Suspended Senator Natasha

JUST-IN: Court Finds Senator Natasha Guilty Of Contempt Over Facebook Post

2027: Ohanaeze Interested In Welfare Of Citizens, Not Partisan Politics — Spokesman

Football Star Diogo Jota, Brother For Burial Saturday

Federal Gov’t, Kaduna Collaborate On Light Rail Project

20 Injured As Gas Explosion Rocks Rome

Nigerian Indicted Over $14.6bn Healthcare Fraud In US

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.