Business Dangote First Harvests of Rice Begins, To Hit Market Soon

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ProfRem

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Dangote Rice is expected to hit the market soon as the company commences harvest of its first tranche.

Sources said that Aliko Dangote was happy with the news of the harvest, especially as the rice would be launched in the right time to ease the pains of Nigerians of buying rice at N20, 000 per bag.

“We are really excited about our rice projects,” the source said.

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Once we commence the sales of our rice, I can authoritatively tell you that the price of rice will crash in the country and make importation of rice unattractive.”

Recall that earlier this year, Dangote inaugurated its 8,000-hectare rice out-growers’ scheme in Hadejia, Jigawa State, with the distribution of rice seedlings to farmers.
 
How much would the bag of rice cost? I think that is what is much more important now..
 
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