Business is booming.

Egyptian investors partner with Government of Kebbi on rice production

By Fatima Saka 

A team of International Investors from Egypt, led by Gen. Walid Soliman-Morsy, in Kebbi State has explored areas of partnership in the production of rice and other agricultural potentials.

Governor. Atiku Bagudu, on Thursday in Birnin Kebbi said that President Muhammadu Buhari had worked so hard in the last seven years to provide an investor-friendly environment.

He said, “Nigeria has also in the period under review been operating a programme, called, ‘Ease of doing business’.

“This is to ensure that all the regulatory and contracts frameworks were made easier and more efficient.

“For instance, one of the largest rice mills in Nigeria, WACOT, domiciled in Kebbi state, took only 11 months from land identification to commissioning.”

Bagudu said that the proposed partnership between Egypt and the Nigerian investors is apt and timely.

He added that the move was not misplaced as the two countries had an age-long mutually beneficial relationship which would only be bolstered then.

“We will produce together, add value together and market together as we have commonalities together.

“Nigeria’s 200 million population provides a hub for investments and marketing, so also Egypt’s vast potentials and being a gateway to Middle Eastern markets.

“More is being done to make the investment environment friendlier in Kebbi and Nigeria in general,” Bagudu said.

He said that his administration had provided a conducive environment for investors to establish economic ventures in the state over the years.

Bagudu pledged to collaborate and support the Egyptian delegation for stronger partnership in agriculture.

The governor thanked the delegation for choosing Kebbi state for their visit.

Also, Soliman-Morsi, acknowledged the hospitality of the people of the state, adding that the two countries would mutually benefit from the partnership.

He said his country has the potential to engage in the production and marketing of rice.

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