Nigeria begins exporting rice to Egypt



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The Nigerian Rice Farmers Association signed a Memorandum of Understanding with the Tiamin Rice Company for local and international rice processing and marketing. This was included in a statement by Aliyu Ibrahim, deputy general manager of Tiamin Rice Company in Abuja. Aliyu said the initiative aims to grow RIFAN’s high-quality paddy fields, where tiamine is processed and packaged with state-of-the-art milling technology and sold domestically and internationally, especially to Egypt. He said a memorandum of understanding was signed to operate the company’s 600 tonne-per-hour plant in Bauchi State for two years. “RIFAN and Tiamin share common interest in rice farming and rice milling. “This is to ensure sustainable supply chain management of rice as part of a partnership aimed at producing, milling and packaging the highest quality processed rice for export and domestic trade. “From two mills located in Kano and Bauchi states, Tiamin Rice with a total production capacity of 920 tons per hour, is one of the largest rice producers in Nigeria,” Aliyu said the company also owns a 10,000-hectare rice farm in Udubo, Bauchi province. He added that the company “benefited from six different development financing measures by the Central Bank of Nigeria.” He said the intervention was worth more than N20 billion, adding that the company had successfully repaid four of the intervention funds. According to Aliyu, Tiamin Rice Company is the first company to receive funding from CBN’s private sector-led accelerated agricultural development programme.

Samuel Alexander

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