• Latest
  • Trending
  • All
  • Politics
  • Economy
  • Security
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Opinion
  • Columns
  • Exposé
  • World
  • Lifestyle
Nigeria Set To Become Major Exporter Of Rice, As President Buhari Unveils Mega Rice Pyramid In Abuja

Nigeria Set To Become Major Exporter Of Rice, As President Buhari Unveils Mega Rice Pyramid In Abuja

4 years ago
Sierra Leone Suffers Power Cut As Turkish Power Supplier Shutdown Amid $40 Million Debt

Türkiye Unveils New Global Electricity, Climate Targets

17 minutes ago
Rwanda: Soldier Guilty Of Inciting Genocide Dies In Niger

IMF Approves $250m Credit Facility For Rwanda

42 minutes ago
US Sanctions Firms Recruiting Ex-Colombian Soldiers As Sudan’s RSF Fighters

Sudan: First War Crimes Case Filed Against Paramilitary RSF 

19 hours ago
S/A: Thousands Rally In Johannesburg Over Immigration Concerns

S/A: Thousands Rally In Johannesburg Over Immigration Concerns

21 hours ago
Trump Fingers Iran For Apache Helicopter Downing, Vows US Retaliation

Trump Fingers Iran For Apache Helicopter Downing, Vows US Retaliation

21 hours ago
Wednesday, June 10, 2026
  • Make a Donation
  • Photo Speaks
  • Videos
  • You-Report
  • Whistleblower
  • Advertise
  • HT Events
  • HT Management
  • About HT
  • Contact
Heritage Times
No Result
View All Result
Translate |
  • Login
  • Politics
    Xenophobia: Nigeria Threatens Retaliation Against South Africa Over Rising Attacks

    Xenophobia: Nigeria Threatens Retaliation Against South Africa Over Rising Attacks

    Uganda: Rt Hon. Kadaga Sworn-In As 1st Deputy Prime Minister

    Uganda: Rt Hon. Kadaga Sworn-In As 1st Deputy Prime Minister

    Putin Says Zelensky’s Request For Face-To-Face Meeting “Rude”

    Putin Says Zelensky’s Request For Face-To-Face Meeting “Rude”

    Senegal: Faye Excludes PASTEF Party In 30-Member Cabinet Appointees

    Senegal: Sonko-Faye Rift Deepens As President Moves To Assert Authority

    Senegal: Faye Excludes PASTEF Party In 30-Member Cabinet Appointees

    Senegal: Faye Excludes PASTEF Party In 30-Member Cabinet Appointees

    Abiy’s Prosperity Party Tipped To Win, As Ethiopia Votes On Monday

    Abiy’s Prosperity Party Tipped To Win, As Ethiopia Votes On Monday

    South Africa: Ramaphosa Deploys 2,200 Troops To Fight Crime In 5 Provinces

    South Africa: ANC NEC Backs Ramaphosa Amidst Resignation Call

    In “Good” Meeting, Trump, Xi Agree Strait Of Hormuz “Must Remain Open”

    In “Good” Meeting, Trump, Xi Agree Strait Of Hormuz “Must Remain Open”

    Ghana Declares Wednesdays ‘Fugu Day’ After Online Troll Of Traditional Wear

    Xenophobia: Ghana Begins Repatriation Of Citizens From South Africa After Renewed Attacks

  • Economy
    Africa Records Surge In Number Of Millionaires In 2025 – Report

    Africa Records Surge In Number Of Millionaires In 2025 – Report

    Mozambique: President Chapo Signs Law Awarding 15% Mining Stake To State

    Mozambique: President Chapo Signs Law Awarding 15% Mining Stake To State

    “Africa Not A Risk But Opportunity”, President Mahama Tells UK Investors

    “Africa Not A Risk But Opportunity”, President Mahama Tells UK Investors

    AfDB To Inject $125m Into Nairobi-Based Insurance Platform To Emerge Top Shareholder

    AfDB To Inject $125m Into Nairobi-Based Insurance Platform To Emerge Top Shareholder

    At Washington Meeting, WB, IMF, WTO Decry Impact Of US-Iran War On Vulnerable Economies

    At Washington Meeting, WB, IMF, WTO Decry Impact Of US-Iran War On Vulnerable Economies

    Botswana Govt, De Beers Group Appoint Adesina To Lead ‘Diamond For Development Fund’

    Botswana Govt, De Beers Group Appoint Adesina To Lead ‘Diamond For Development Fund’

    Russia, China Sign 40 Bilateral Agreements Covering Economy, Energy, Transport

    Russia, China Sign 40 Bilateral Agreements Covering Economy, Energy, Transport

    Togo: President’s Sister-In-Law Arrested For Inciting Military “Rebellion”

    Togo Rolls Out Visa-Free Access For AU Member Nations

    Ghana Exits IMF Bailout Programme After Economic Recovery Push

    Ghana Exits IMF Bailout Programme After Economic Recovery Push

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
  • Politics
    Xenophobia: Nigeria Threatens Retaliation Against South Africa Over Rising Attacks

    Xenophobia: Nigeria Threatens Retaliation Against South Africa Over Rising Attacks

    Uganda: Rt Hon. Kadaga Sworn-In As 1st Deputy Prime Minister

    Uganda: Rt Hon. Kadaga Sworn-In As 1st Deputy Prime Minister

    Putin Says Zelensky’s Request For Face-To-Face Meeting “Rude”

    Putin Says Zelensky’s Request For Face-To-Face Meeting “Rude”

    Senegal: Faye Excludes PASTEF Party In 30-Member Cabinet Appointees

    Senegal: Sonko-Faye Rift Deepens As President Moves To Assert Authority

    Senegal: Faye Excludes PASTEF Party In 30-Member Cabinet Appointees

    Senegal: Faye Excludes PASTEF Party In 30-Member Cabinet Appointees

    Abiy’s Prosperity Party Tipped To Win, As Ethiopia Votes On Monday

    Abiy’s Prosperity Party Tipped To Win, As Ethiopia Votes On Monday

    South Africa: Ramaphosa Deploys 2,200 Troops To Fight Crime In 5 Provinces

    South Africa: ANC NEC Backs Ramaphosa Amidst Resignation Call

    In “Good” Meeting, Trump, Xi Agree Strait Of Hormuz “Must Remain Open”

    In “Good” Meeting, Trump, Xi Agree Strait Of Hormuz “Must Remain Open”

    Ghana Declares Wednesdays ‘Fugu Day’ After Online Troll Of Traditional Wear

    Xenophobia: Ghana Begins Repatriation Of Citizens From South Africa After Renewed Attacks

  • Economy
    Africa Records Surge In Number Of Millionaires In 2025 – Report

    Africa Records Surge In Number Of Millionaires In 2025 – Report

    Mozambique: President Chapo Signs Law Awarding 15% Mining Stake To State

    Mozambique: President Chapo Signs Law Awarding 15% Mining Stake To State

    “Africa Not A Risk But Opportunity”, President Mahama Tells UK Investors

    “Africa Not A Risk But Opportunity”, President Mahama Tells UK Investors

    AfDB To Inject $125m Into Nairobi-Based Insurance Platform To Emerge Top Shareholder

    AfDB To Inject $125m Into Nairobi-Based Insurance Platform To Emerge Top Shareholder

    At Washington Meeting, WB, IMF, WTO Decry Impact Of US-Iran War On Vulnerable Economies

    At Washington Meeting, WB, IMF, WTO Decry Impact Of US-Iran War On Vulnerable Economies

    Botswana Govt, De Beers Group Appoint Adesina To Lead ‘Diamond For Development Fund’

    Botswana Govt, De Beers Group Appoint Adesina To Lead ‘Diamond For Development Fund’

    Russia, China Sign 40 Bilateral Agreements Covering Economy, Energy, Transport

    Russia, China Sign 40 Bilateral Agreements Covering Economy, Energy, Transport

    Togo: President’s Sister-In-Law Arrested For Inciting Military “Rebellion”

    Togo Rolls Out Visa-Free Access For AU Member Nations

    Ghana Exits IMF Bailout Programme After Economic Recovery Push

    Ghana Exits IMF Bailout Programme After Economic Recovery Push

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
No Result
View All Result
First with the News
Home Economy

Nigeria Set To Become Major Exporter Of Rice, As President Buhari Unveils Mega Rice Pyramid In Abuja

January 18, 2022
in Economy, Top Stories
0 0
0
0
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

By Emmanuel Nduka

Nigeria’s President, Muhammadu Buhari has unveiled the mega rice pyramid in Abuja.

Relatedreading

Türkiye Unveils New Global Electricity, Climate Targets

IMF Approves $250m Credit Facility For Rwanda

Speaking to newsmen at the sideline of the event, the Rice Farmers Association of Nigeria (RIFAN) projected that the country will soon commence exportation of rice in the near future to stimulate the twin benefits of food security and economic diversification.

This affirmation was made by Ado Hassan, Secretary of the Kano State Chapter of RIFAN, on the project which is a joint venture between the Central Bank of Nigeria (CBN) under its Anchor Borrowers Programme, and RIFAN.

While dispelling insinuations that the rice pyramids on display were not solely rice, he added that the commodity was brought in by rice farmers in virtually all states of the country.

“The rice here is from all over the country. RIFAN has always been real; it is not possible to deceive 200 million Nigerians with a project like this.

“For the fact that Nigeria has not imported even a grain of rice in the last four years is enough prove that we are already self-sufficient in the commodity. The cultivation of rice is a reality and it will continue to happen,” he said.

Hassan added that Nigeria had become the highest rice growing country in Africa due the support of the Federal Government and the intervention of the CBN.

“There was a time when the CBN was spending N1billion to support rice import bills.  Today the apex bank is no longer spending a kobo to support importation of rice.

“Today, Nigeria has become the highest rice grower in the whole of Africa.  That is a great achievement.

“We have leaders of some of our neighbouring countries who are coming here today to see our miracle in rice. They are a sure market for our rice exportation,” he added.

President Buhari speaking at that the commissioning, noted that the feat is an indication that Nigeria is making steady and assured progress towards self-sufficiency in food production.

He expressed expectation that other agricultural commodity associations that were yet to participate under the CBN-funded Anchor Borrowers’ Programme, will emulate the rice farmers association of Nigeria in supporting his administration’s drive for food self-sufficiency.

“As a critical policy of the government, the Anchor Borrowers’ Programme is expected to catalyse the agricultural productive base of the nation, which is a major part of our economic plan to uplift the economy, create jobs, reduce reliance on imported food and industrial raw materials, and conserve foreign exchange,” Buhari noted.

Meanwhile, CBN Governor, Godwin Emefiele, said beyond increasing the national output from about 5.4 million metric tonnes in 2015 to over 9 million metric tonnes in 2021, the CBN in collaboration with the rice farmers have also significantly improved the productivity per hectare of the smallholder farmer from about 2.4 metric tonnes per hectares in 2015 to between about 5 metric tonnes per hectares in 2021.

Emefiele said the unveiling of the rice pyramids was one of the many achievements of the CBN funded Anchored Borrowers’ Programme, and that the feat was achieved due to the vision and determination of the Buhari-led administration to deliver on food security.

“I salute your vision of making agriculture a cornerstone,” Emefiele said while commending President Buhari, even as he appreciated the resilience of the smallholder farmers and the stakeholders in the rice production line.

Emefiele did not forget to remind the President that the farmers have battled insurgency, banditry and kidnapping, to which some of them have lost their lives, while others could not access their farms.

He added that the CBN has financed about five million small scale farmers on rice farming, saying that is still a far cry from the desired goals.

President Buhari unveiled 13 rice pyramids (one million bags of rice) at the event which was attended by state governors and business operators.

 

Tags: CBNGodwin EmefieleMinistry of AgricultureMuhammadu BuhariRIFAN
ShareTweetSend
Previous Post

South Korea: Wife Of Presidential Candidate In Fresh Scandal Over Rape Comments

Next Post

Nigerian Content Board Kicks Off Training For 100 Niger Deltans As Boat Operators

Related Posts

Sierra Leone Suffers Power Cut As Turkish Power Supplier Shutdown Amid $40 Million Debt

Türkiye Unveils New Global Electricity, Climate Targets

June 10, 2026
Rwanda: Soldier Guilty Of Inciting Genocide Dies In Niger

IMF Approves $250m Credit Facility For Rwanda

June 10, 2026

Sudan: First War Crimes Case Filed Against Paramilitary RSF 

S/A: Thousands Rally In Johannesburg Over Immigration Concerns

Trump Fingers Iran For Apache Helicopter Downing, Vows US Retaliation

Despite Criticism, Kenya, U.S. Launch $1.6bn Health Programme

Next Post
Nigerian Content Board Kicks Off Training For 100 Niger Deltans As Boat Operators

Nigerian Content Board Kicks Off Training For 100 Niger Deltans As Boat Operators

Please login to join discussion
AfriHeritage Magazine Issue 3 - Cover 1 AfriHeritage Magazine Issue 3 - Cover 1 AfriHeritage Magazine Issue 3 - Cover 1
AfriHeritage Magazine 2026 AfriHeritage Magazine 2026 AfriHeritage Magazine 2026

Updates

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Sierra Leone Suffers Power Cut As Turkish Power Supplier Shutdown Amid $40 Million Debt

Türkiye Unveils New Global Electricity, Climate Targets

June 10, 2026
Rwanda: Soldier Guilty Of Inciting Genocide Dies In Niger

IMF Approves $250m Credit Facility For Rwanda

June 10, 2026
US Sanctions Firms Recruiting Ex-Colombian Soldiers As Sudan’s RSF Fighters

Sudan: First War Crimes Case Filed Against Paramilitary RSF 

June 9, 2026
S/A: Thousands Rally In Johannesburg Over Immigration Concerns

S/A: Thousands Rally In Johannesburg Over Immigration Concerns

June 9, 2026

Most Recent

Türkiye Unveils New Global Electricity, Climate Targets

June 10, 2026

IMF Approves $250m Credit Facility For Rwanda

June 10, 2026

Sudan: First War Crimes Case Filed Against Paramilitary RSF 

June 9, 2026

S/A: Thousands Rally In Johannesburg Over Immigration Concerns

June 9, 2026

Trump Fingers Iran For Apache Helicopter Downing, Vows US Retaliation

June 9, 2026

Despite Criticism, Kenya, U.S. Launch $1.6bn Health Programme

June 9, 2026

Xenophobia: Nigeria Threatens Retaliation Against South Africa Over Rising Attacks

June 9, 2026

2026 World Cup: Africa’s Best Referee Barred From Entering US On Trump’s Instruction

June 9, 2026

About

Heritage Times HT stands as a beacon of pan-African journalism, dedicated to amplyfing the rich tapestry of voices and narratives across the continent. With unwavering commitment, we illuminate the evocative essence of Africa, offering a fresh perspective that captivates our global audience.

Featured

One Year of Transformative Stewardship: Walson-Jack’s Innovative Impact on Nigeria’s Civil Service

Africa’s Largest Tech Event, MWC25 Kigali, Returns With Focus On Innovation, Policy

Nadine Djuiko: Meet The Cameroonian Woman Behind Maryland’s Million-Dollar Braiding Empire

Connect

Connect with us on social media and receive timely updates on the go.

Get Updates

  • About
  • HT Management
  • Privacy Policy

© 2025 Heritage Times (HT) Media.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Welcome
  • Politics
  • Economy
  • Security
  • Exposé
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Columns
    • Opinion
  • World
  • __________________
  • Make a Donation
  • Photo Speaks
  • Videos
  • You-Report
  • Whistleblower
  • Advertise
  • HT Events
  • HT Management
  • About HT
  • Contact us

© 2025 Heritage Times (HT) Media.