Sunday, 20 October 2019 06:56

Dangote, Coscharis, Stallion Group to set up rice mill in Ekiti

 
 

The governor of Ekiti State, Dr. Kayode Fayemi, has said that his administration was in partnership talk with Dangote, Coscharis and Stallion Group Industries Limited to set up a rice mill in the state.

Fayemi said the state has a comparative advantage in rice production, noting that his administration will put in place an enabling environment and other incentives that would attract investors like favourable framework, tax relief, security, among others.

He spoke yesterday at a forum, “Ekiti Youth Conversation with Mr Governor”, held at the Abiodun Adetiloye Hall of the State Trade Fair Complex, Ado Ekiti, as part of activities marking the first anniversary of his administration.

The programme involved youths drawn from different parts of the state, including serving corps members, students, student union leaders, young professionals, artisans and members of youth-based organisations.

Fayemi disclosed that his administration had just sealed a deal with Promasidor Limited to revive Ikun Dairy Farm, set up a milk producing factory, among others.

He equally stated that two cassava processing companies are setting up shops in the state to absorb cassava produce in the state, noting this will boost the state’s investment profile and create jobs for the youths.

To drive the investment agenda, Fayemi disclosed that Ekiti Development and Investment Promotion Agency (EKDIPA) has just been established to leverage on the state’s investment potential to create more jobs.

 

TheNation

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