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Home Business & Economy

Nigeria’s future in hands of young entrepreneurs – El-Rufai

by HUSSAINA YAKUBU
October 14, 2022
in Business & Economy
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Governor Nasir El-Rufai commissioning the FalGates Rice Mill
Governor Nasir El-Rufai commissioning the FalGates Rice Mill

Governor Nasir El-Rufai commissioning the FalGates Rice Mill

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Gov. Nasir El-Rufai of Kaduna State says the future of Nigeria is in the hands of young people and entrepreneurs, as such they must acquire skills for the future.

El-Rufai made the remarks at the opening of FalGates Rice Mill on Friday in Kaduna.

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According to him, the mill is the largest in Nigeria and the efforts of a young Nigerian entrepreneur.

“What the young entrepreneur did is an evidence of what the young people are doing to take over the future,” he added.

Managing Director of the company, Abubakar Falalu, said the mill had the capacity to produce 300 metric tonnes of rice per day and 100,000 metric tonnes annually.

He said that the company would generate 400 direct and over 1000 indirect jobs.

“FalGates has also established a school for its surrounding communities which has already enrolled 50 students,” the managing director said.

He appreciated Kaduna state government for supporting the project by providing land where the mill was situated.

“We have also created military post to be donated to security operatives to man security in the area,” he said.

Front view of the FalGates Rice Mill

The governor has inaugurated another company, AFEX Agricultural Commodity Warehouses and Multi grains Processing Plant on Zaria-Kano highway.

El-Rufai said the company would help farmers in the state in the preparation of farm produce, cleaning and logistics, as well as getting market.

He said such investment would make Nigeria to be a food secured country.

Mr Ayodeji Balogun, Chief Executive Officer, AFEX, said the company would produce over 100,000 metric tonnes of grains yearly.

He said the company was currently working with 300 farmers within the state, creating 350 direct jobs for the youth.

Balogun said that the company would, over time, invest more in agric value chain and value addition, to enhance agricultural production in the state.

The News Agency of Nigeria (NAN) reports that El-Rufai is scheduled to inaugurate more public and private sector projects in the state as part of the successes of Kaduna Investment Summit, which began in 2017.

The 7th Kaduna Investment Summit opened on Thursday. (NAN)

Tags: Abubakar FalaluAFEX Agricultural Commodity WarehousesAyodeji BalogunFalGates Rice MillKadunaKaduna Investment SummitNasir El-Rufa'irice
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