Connect with us

Business News

RIFAN Seeks Partnership With ACCI, Set To Launch Rice Pyramid

Published

on

The Rice Farmers Association of Nigeria (RIFAN) has sought to partner with Abuja Chamber of Commerce and Industry (ACCI) in moving the Rice revolution in Nigeria Forward. 

The National President, RIFAN, Aminu Mohammed Goronyo who visited ACCI with his team yesterday said, the Association is set to launch the largest Rice Pyramid to the world to show that local production of food is possible and truly works. 

Aminu who said that Rifan is an  Association with various clusters covering 774 Local Government Areas across the country, further informed the meeting that there are over 12.2 million members of RIFAN as at 2018. He said that RIFAN is involved in four components; production, procession, packaging and marketing. 

“Our Association partners with the CBN and Nigeria Government for production purposes. With the support of CBN through the anchor borrower scheme, we have hit our target for production. 

The Rice Farmers produce 8.5-9million metric tonnes monthly and Nigerians consumed 1.8million tonnes daily. You can see that Rice, a staple food that is easily accessed by most households has a very high market value.

“When government ordered the shutdown of borders, we had to increased local production of rice as a staple food”. The Rice consumed by Nigerians is locally produced and the best for consumption.”

He said RIFAN has partnered with some West African countries to boost Rice production and that RIFAN has signed Memorandum of Understanding (MoU) with them to boost local production of Rice in those countries, because they have seen that it is working in Nigeria adding “this has made the Association to go International”. 

“We signed an MoU with Republic of Benin to boost Rice Production because they have seen that local production is working here”. The whole process is value addition and Nigeria has succeeded in it. Benin republic has come to learn how to replicate what we are doing in their country. Before Nigeria’s Rice revolution, Benin Republic was the largest exporter of rice in the world but they don’t produce Rice and they were exporting to Nigeria.”

He also said Rice production is the single largest employment revolution in Nigeria as at today and the activities on ground have truly shown that rice production is still revolving and is taking Nigeria to places.

The President ACCI, Dr Al-Mujtaba Abubakar who received the team said, the Rice Pyramids on display show that RIFAN is doing well adding that the Rice revolution has brought in a lot of changes into Nigeria’s Agricultural sector. 

“Despite insecurity, what we are seeing in the display of the Rice Pyramid is massive and we know that without insecurity the production would have been more. Agricultural market is what will revive the economy if face it squarely.”

The ACCI Vice President Agriculture, Dr Kolawole Owoka who gave kudos to RIFAN said what Nigeria needs is production to help our youth engage meaningfully and to also drive our foreign exchange.

“We will look at the value chain as a Chamber and see where we can key in, and that will be part of the MOU to be signed with your Association.” 

The Director General ACCI, Victoria Akai also lauded RIFAN while reiterating that the Chamber is happy to partner with the Association adding that Nigeria has huge potential in Agriculture but has not really tapped into it.

“In whatever we are doing, we must tap into the land to harness the potentials therein. RIFAN is a well-structured Association and we know if we partner with you it will create great impact on our members.”

The building of the paddy Rice Pyramid at ACCI premise started Mid-December 2021 and has been a centre of attraction for many passers-by as they keep wondering what it is all about. RIFAN has said the paddy Rice is loan recovery which will be launched by President Buhari on the 20th of February, 2022 after which they would be sold to rice millers across the country. 

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Breaking News...