Africa's Richest Man Aliko Dangote Invests $1 Billion In Rice Production In Nigeria
Africa’s wealthiest man Aliko Dangote has announced plans to invest $1 billion in commercial rice farming and modern integrated rice mills in Nigeria.
Dangote reportedly made the announcement on Friday during a visit to Nigeria’s Minister of Agriculture, Akinwumi Adesina, at the Federal Ministry of Agriculture headquarters in Abuja, before heading to the Presidential Villa to sign a Memorandum of Understanding with the Nigerian Government.
The billionaire told officials of the Ministry of Agriculture that his new investment was in support of the Nigerian Government’s plan to attain food sufficiency and become a net-exporter of rice within the next four years....MORE
