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Dangote Moves To Crash Rice Price After Rabiu's Pledge - Food - Nairaland 5m3c1m

Dangote Moves To Crash Rice Price After Rabiu's Pledge (27153 Views)

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Putindbutt(m): 5:46pm On May 26
Nigeria’s efforts to reduce food prices has received another major boost as Africa’s richest man, Aliko Dangote, unveiled a multi-billion naira rice production initiative in Niger state. This is coming days after fellow billionaire Abdul Samad Rabiu vowed to continue crashing rice prices across the country.

Speaking at the opening of the 2025 Niger National Trade Fair in Minna, Fatima Abdurrahman, senior special adviser to the president of Dangote Group, said the conglomerate is developing a 32-metric-tonnes-per-hour rice mill on a 30-hectare site in Wushishi.

She stated that the project forms part of the Niger Food Initiative, an agricultural development programme launched by the state government in collaboration with the private sector.

The Dangote official said: “As part of our commitment to advancing agriculture, we plan to establish one of the largest rice mills here in Niger State." Abdurrahman explained that the high-capacity mill would significantly boost rice production and storage in the state, describing it as a cutting-edge facility that incorporates the latest innovations in rice milling technology.

She added: “This state-of-the-art facility ensures high efficiency, minimal waste, and -quality output. “Once operational, it will not only boost local rice production but also strengthen the entire agricultural value chain, from farm to market.

”Further, Abdurrahman noted that the mill would be ed by 32 silos, each with a capacity of 2,500 metric tonnes of paddy rice, and would include a captive power generation facility producing 5.8 megawatts of electricity, Punch reports.

She noted: “The project aligns with broader efforts to reduce reliance on the national grid."



Niger govt excited about the rice project

Representing Governor Muhammed Bago, Niger state commissioner for Trade, Investment and Industry, Aminu Takuma, said the state is fully open to large-scale agricultural investment. He praised the Dangote Group for its initiative and encouraged the conglomerate to leverage the state’s investor-friendly policies.

The minister of State for Agriculture and Food Security, Sabi Abdullahi, represented by Dr. Suleiman Ladan, reiterated the federal government’s commitment to promoting commercial agriculture, describing it as a cornerstone of President Bola Tinubu’s economic recovery agenda.

Takuma further revealed that the state government is taking steps to elevate the Niger Trade Fair to an international standard.

Meanwhile, Bisi Adeniyi, President of the Niger Chamber of Commerce, Industry, Mines and Agriculture has urged private sector players to tap into the state’s immense agricultural potential.


https://www.legit.ng/business-economy/economy/1656680-another-billionaire-moves-crash-rice-price-abdul-samad-rabiu-pledge/

23 Likes 6 Shares

Putindbutt(m): 5:47pm On May 26
Front page

6 Likes 1 Share

Edoreborn: 5:50pm On May 26
Audio crash,,if u see d 1200 rice wey i chop for mayor ds morning,,i wan cry.. i fit count d no of rice for d plate..i be wan talk,,but people dey there dey gist..i just respect my old age komot...Na to waka d shop i dey do now

68 Likes 4 Shares

jmoore(m): 5:55pm On May 26
Same way he crashed price of cement.

91 Likes 8 Shares

Babangidapikin: 5:59pm On May 26
I am happy the way Nigeria customs are doing everything to intercept Rice especially at the express way, unfortunately this guy's use unusual routes ... You need native intelligence to catch them.

10 Likes 4 Shares

Xscape1993(m): 6:00pm On May 26
Good news because hunger is not good for the living.

5 Likes 4 Shares

helinues: 6:01pm On May 26
Win win for Nigerians

82 Likes

SeeWahala: 6:02pm On May 26
Everybody should be careful undecided the op and praise singers above and below are still the same people that prophesied that Dangote would crash petrol, diesel, kerosene, aviation fuel, cement, sugar, flour prices cry

Now they have added rice 🌾 and will soon add electricity 🔌 to the items their Dangote will soon CRASH it's price

Same APC no other lipsrsealed

59 Likes 5 Shares

Kriss216: 6:07pm On May 26
Edoreborn:
Audio crash,,if u see d 1200 rice wey i chop for mayor ds morning,,i wan cry.. i fit count d no of rice for d plate..i be wan talk,,but people dey there dey gist..i just respect my old age komot...Na to waka d shop i dey do now
Chai

Mayor no try for the small rice cool

Like this, mayor don lose one customer. All thanks to Tinubu.

9 Likes 1 Share

Edoreborn: 6:09pm On May 26
Kriss216:

Chai

Mayor no try for the small rice cool

Like this, mayor don lose one customer. All thanks to Tinubu.
i dey tell u

6 Likes 1 Share

pdppower: 6:09pm On May 26
jmoore:
Same way he crashed price of cement.

Abi o. As he has crashed the price of cement to 5k

27 Likes 4 Shares

Kriss216: 6:10pm On May 26
Edoreborn:
i dey tell u
Abeg try forgive Mayor. No be em fault 🙏
Didijiji: 6:15pm On May 26
story tellers

grin grin grin grin

3 Likes

neonix(m): 6:16pm On May 26
I hope they don't end up saying "Everything that was used to build the rice mill was imported and paid for in dollars so now we have to sell rice in dollars" if u know what I mean. Eh eh eh.

17 Likes

Edoreborn: 6:20pm On May 26
Kriss216:

Abeg try forgive Mayor. No be em fault 🙏
I don discover another cheaper place already..With 1000,,i go chop rice,,yam and beans with one kpomo

8 Likes

Kriss216: 6:24pm On May 26
Edoreborn:
I don discover another cheaper place already..With 1000,,i go chop rice,,yam and beans with one kpomo
Ahead ahead 👍

1 Like

zero8zero(m): 6:35pm On May 26
Niger State is going to be a massive state soon.

5 Likes 3 Shares

Obakoolex(m): 7:18pm On May 26
Waoooo like he crashed fuel right

61 Likes

Borrow2222: 7:18pm On May 26
Putindbutt:


https://www.legit.ng/business-economy/economy/1656680-another-billionaire-moves-crash-rice-price-abdul-samad-rabiu-pledge/

Please, let him just stay off rice.

Which of these products did he crash prices?

Cement, sugar, petrol?

Kindly stay away from rice; let's just manage the price like that.

7 Likes 1 Share

Carazon: 7:23pm On May 26
neonix:
I hope they don't end up saying "Everything that was used to build the rice mill was imported and paid for in dollars so now we have to sell rice in dollars" if u know what I mean. Eh eh eh.

And make we no hear say na adulterated rice we dey eat since

1 Like

Solsix(m): 7:24pm On May 26
Dangote have never crashed anything before

16 Likes 1 Share

neonix(m): 7:45pm On May 26
Carazon:


And make we no hear say na adulterated rice we dey eat since
Abi o

1 Like

PheelzAlmighty: 9:15pm On May 26
It is crazy how anything goes in this country embarassed

How will a couple of persons hold an entire nation to ransom

Kai💔

4 Likes 1 Share

Thundafireseun: 9:17pm On May 26
Solsix:
Dangote have never crashed anything before


Seconded. …

Instead he makes things worse….

5 Likes 1 Share

PheelzAlmighty: 9:17pm On May 26
Make una sell this country gimme my share of the money make I use am carry ashi...


Na only mumu dey look forward or pray for a better Nigeria grin

1 Like 1 Share

Anguldi(m): 9:18pm On May 26
cheesy
advocatejare(m): 9:18pm On May 26
It’s almost the pre election year, everything go crash
Ikaeniyan0: 9:18pm On May 26
I pray he's successful in doing it o. 2 portion of Chinese fried rice with one portion of asun plus the package cost me 8k at an eatery in Lagos today. undecided There's a time it won't cost me up to 4k
gracealonev: 9:18pm On May 26
Why is it the BUA man that’s always spearheading anything about price reduction?
Same thing happened in cement price war.

Sometimes , I doubt the sincerity of Dangote.

3 Likes

DesChyko: 9:18pm On May 26
Dangote please..no crash again. The one you don attempt to crash don do cry

The ones wey you don crash dey crash our pockets. Sotee, even bricklayers wey dey mould blocks no safe for street again, because kidnappers dey wonder how dem take dey buy cement.

3 Likes

cjudy(m): 9:19pm On May 26
He’s going to remove 5naira from the original price. Na him normal way

2 Likes

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