• Abakaliki Rice Mill Limited agrees to relocate to new site

    Abakaliki Rice Mill Limited agrees to relocate to new site

    According to reports, the Abakaliki Rice Mill Limited has finally agreed to relocate from its present site to a new mill as directed by the state government.

    The News Agency of Nigeria recalls that the relocation issue pitched the company against the immediate past Ebonyi State Government, which made it seek litigation at the National Industrial Court.

    The company withdrew the matter from court and decided to engage in dialogue with the present administration.

    The state government has also acquired the United Nations […]

  • Cross River to establish rice mill with CBN N3bn loan

    Cross River to establish rice mill with CBN N3bn loan

    Governor Ben Ayade of Cross River, has said the state government has obtained N3bn loan from the Central Bank of Nigeria for the establishment of state-of-the-art rice mill.

    Ayade made the disclosure on Thursday in Calabar after inspecting rice mills in Ogoja and Obudu accompanied by CBN Governor, Godwin Emefiele, and Kebbi State governor, Alhaji Atiku Bagudu.

    He said, “The loan is being disbursed through the CBN’s Anchor Borrowers Programme.

    “The programme is aimed at upgrading small farmers to commercial farmers, thereby achieving […]