Displayed with permission from allAfrica.com
The Republic of Korea, through its agency, Korea International Cooperation Agency (KOICA) has donated a modern integrated rice milling facility worth N488 million ($1.6million) to Niger State government.
Speaking during the handing over ceremony in Bida, Niger State, the KOICA’s Country Director, Mrs. Sook Hyun Park said the project which started in 2008, has the capacity of processing 1.5 tonnes of rice per hour (1.5t/h) with parboiling, drying, sorting and packaging facilities and can be increased to 3.0t/h.
Also speaking, the Korean Ambassador to Nigeria, Noh Kyu-duk, stated that the project was part of South Korea’s effort in assisting Nigeria in its effort to diverse the economy into agriculture.
Statistic shows that Nigeria is producing approximately 5 Million tonnes of rice annually and import estimated 3 million tonnes to meet demands.
An estimated N356 billion is spent on rice importation in Nigeria annually, making the nation rank among the top 12 rice consuming countries in the world.