WACOT Rice Nigeria Limited, a subsidiary of the Tropical General Investments (TGI) Group, has revealed that the ongoing expansion of its 120,000-ton rice mill in Argungu, Kebbi State, will be completed within the next 15 months.
Alhaji Farouk Gumel, Chairman of WACOT Rice, disclosed this during a visit to update Kebbi State Governor, Senator Abubakar Atiku Bagudu, on the ongoing expansion.
WACOT Rice is currently doubling the capacity of the rice mill inaugurated by Vice President Prof. Yemi Osinbajo in 2017.
The new rice mill is being built with financial assistance from First Bank Nigeria. 100% Natural Herbs to Put an End to Premature Ejaculation, Weak Erections, and Small Manhood.
Gumel, who reaffirmed the company’s commitment to the economic development of Kebbi State and Nigeria, stated that once the project is completed, WACOT Rice will recruit and train more Kebbi indigenes to supplement its workforce.
He praised Governor Bagudu for creating an environment conducive to the company’s success. In response, Governor Bagudu praised WACOT Rice Limited for transforming Kebbi State’s economic landscape.
He stated that the firm’s current expansion from its initial installed capacity of 120,000 metric tonnes to 240,000 metric tonnes demonstrates its tremendous confidence in the Kebbi State and Nigerian economies.
Bagudu went on to say that the company was also confident in President Muhammadu Buhari’s policies aimed at increasing food production, particularly rice production.