President Muhammadu Buhari praised Governor Babajide Sanwo-Olu’s efforts to increase agricultural production and improve Nigeria’s food import/export balance.
During the commissioning of the Lagos Rice Mill in Imota, Buhari said these measure will help to reduce the cost of rice in the country.
Buhari stated, “I am impressed with what I see and it demonstrates the governor’s dedication to the well-being of his constituents.”
Governor Sanwo-Olu stated that the rice value chain program covered all aspects of paddy processing and graduated about 1,000 rice farmers across the value chain with different brands of packaged Ofada Rice in 500g and 1kg.
He further explained that the program led to the creation of the first integrated mill in South West Nigeria, a 2.5MTPH mill in Imota which was in operation till 2016. With an annual output of 120,000 bags of 50kg of rice. Now the Lagos Rice Mill, Imota, is a 2x16MTPH facility standing on an area of 8.5Ha land with an annual paddy requirement of over 240,000MT to produce 2.5 million bags of 50kg rice per annum.
President Buhari also officially opened the fully completed $1.5 billion Lekki Deep Sea Port. Upon his arrival at 4:25 pm, he was greeted by Governor Babajide Sanwo-Olu, as well as Governors Dapo Abiodun of Ogun State, and Biodun Oyebanji of Ekiti. He then proceeded directly to the commissioning site.
After the unveiling of the new port, Governor Sanwo-Olu stated that the project is the largest infrastructure in all of West Africa and would create thousands of jobs in the country.
He also acknowledged that the execution of the project began under President Buhari’s administration and is now completed during his tenure.
He said: “We are indeed excited that the project execution started during your regime and it is now completed during your tenure.”