The Imota rice mill was on Monday, commissioned by the President, Major General Muhammadu Buhari (retd.), in Lagos State.
The much anticipated project has been adjudged to be a game changer in the agricultural sector because of the proposed impact of the project on the economy landscape of the state and nation at large.
Asides this, the project has the capacity to generate more revenue for the government through export while also affording farmers and other investors more economic luxury.
Below are some facts about the recently commissioned project
i. The Imota Rice Mill is a 32-metric ton per hour facility which was built by the Lagos State Government under the leadership of the Lagos State Governor, Babajide Sanwo-Olu.
ii. There are 16 silos totaling 40,000 metric tons in capacity. Each weighs 2,500 tons. The storage facility can hold production for three to six months.
iii. With a capacity to manufacture 2.8 million 50kg bags of rice annually, the rice mill was developed with the intention of creating 1,500 direct jobs and 254,000 indirect jobs.
iv. It is the largest mill in Africa and the third largest mill in the world.
v. The State Government is also developing an industrial park adjacent to the mill. The Governor said the park would have amenities that would make businesses thrive and bring returns on investment to business owners.