Economy
Good News: Dangote Set to Flood Nigerian Market with Local Rice (Photos)
President Muhammadu Buhari’s sincere bid to diversify the Nigerian economy and encourage the growth of the local industries has started yielding positive output on the down-low.
Efforts to diversify the economy has started yielding results slowly but steadily all thanks to the ban on the important of rice in Nigeria. The Dangote Group owned by Nigerian billionaire, Aliko Dangote has increased investment in rice production for the teeming populace.
Progress is currently being made at the Dangote Rice factory and the local markets will soon be saturated with rice which is the commonest staple food in Nigeria.
With Anambra, Kebbi, Niger and other rice factories coming on stream to team up with Dangote rice, the price of the commodity which is skyrocketing will fall due to market forces.
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