Food security: PJS Group Unveils $25m Expansion Strategy for 2024
The Food Security Program of Governor Umaru Bago in Niger State is gaining momentum through several partnerships. The PJS Group has invested heavily in Niger State, boosting the agricultural sector in various ways. One major initiative is the PJS Agro Farms Ltd, a large-scale rice farm in Swashi village, Borgu LGA, covering 3,000 hectares with […]
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The Food Security Program of Governor Umaru Bago in Niger State is gaining momentum through several partnerships.
The PJS Group has invested heavily in Niger State, boosting the agricultural sector in various ways.
One major initiative is the PJS Agro Farms Ltd, a large-scale rice farm in Swashi village, Borgu LGA, covering 3,000 hectares with a $15 million investment.
Another project is the Kiara Rice Mills Limited in Kpatsuwa village, Mokwa LGA, Africa’s largest rice mill with a $30 million investment, producing 350,000 metric tons of rice annually.
The recent partnership between the Niger State Government and Kiara Rice Mills Limited, as reflected in the MOU signed at COP28 in Dubai, solidifies efforts to strengthen the agricultural value chain in the state.
Transforming the rice production sector from subsistence to commercial aligns with the vision of Governor Umaru Bago. The technical partnership, access to funding, and co-investment opportunities outlined in the agreement demonstrate a collective approach to sustainable development and job creation.
The upcoming Pack-it Packaging Limited, with a $5 million investment, is set to produce 30 million agro sacks annually, supporting the agricultural sector in Niger State.
In 2024, the PJS Group plans to invest $25 million in ventures like producing soya and rice bran oils and establishing a shea butter extraction factory.
These plans are purposely meant to expand the products of the group, boost Niger State’s economy, and focus on creating jobs, transferring technology, and promoting sustainability, ultimately contributing to the agricultural growth of the state.