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Find all the economic and financial information on our Orishas Direct application to download on Play StoreWith China's support, the Nigerian authorities intend to address challenges in the rice sector. A group of Chinese investors plans to establish a rice plantation on an area of 10,000 hectares as part of an experimental agricultural project in Yobe State, located in the north of the country.
The announcement made by Mai Mala Buni, the state governor, suggests that this project will allow the country to establish one of the largest rice farms. The leader of the Chinese group, Yung Wang says the farm will be dedicated to growing a new variety of improved rice based on modern Chinese agricultural technology. “This variety would make it possible to produce five times the quantity of local rice produced on the same plot of land,” he said. The area announced is the same as that of the Tianmin Rice rice farm based in Udobo, Bauchi State, which will produce 120,000 tons of cereal per year.
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