Thursday
August 17
2017

Dangote to invest $450m on agriculture in Niger

Alhaji Aliko Dangote, the President, Dangote Group on Monday disclosed that the company would invest $450million in agriculture development in Niger State over the next three years.

Dangote, who made this known during the 2017 Niger State Investment Summit in Minna, said the funds would be used in establishing a large-scale rice processing mill to process over 200,000 metric tonnes of paddy rice.

He said that a state-of-the-art fully integrated sugar refining industry would also be established.

Source: Nigerian Tribune (link opens in a new window)

Categories
Agriculture, Investing
Tags
agriculture, impact investing, investors, Niger