Nigeria plans rice export to Egypt, others -RIFAN, Tiamin Rice

*Aliyu Ibrahim, Deputy Managing Director of Tiamin Rice Company, discloses the rice expert programme aims to cultivate high-quality rice by RIFAN, which Tiamin processes and packages for sale locally and abroad, particularly in Egypt

Isola Moses | ConsumerConnect

The Rice Farmers Association of Nigeria (RIFAN) and Tiamin Rice Company have signed a Memorandum of Understanding (MoU) for the processing and sale of rice in the country and foreign economies.

Mr. Aliyu Ibrahim, Deputy Managing Director (DMD) of Tiamin Rice Company, said this in a statement, issued in Abuja, FCT.

Ibrahim disclosed that the programme aims to cultivate high-quality rice by RIFAN, which Tiamin then processes and packages using cutting-edge milling equipment for sale both locally and abroad, particularly in Egypt.

The DMD of Tiamin Rice also disclosed the MoU, effective for two years, was signed at the company’s mill in Bauchi State, Northern Nigeria.

ConsumerConnect learnt the Rice mill has a 600 metric tonnes per hour capacity.

He stated: “RIFAN and Tiamin share a common agenda in the area of rice farming and milling.

“This is to ensure a sustainable supply chain management of rice under a partnership that seeks to produce, mill and package processed rice of the highest quality for export and local trading.”

Ibrahim further said, “with a combined capacity of 920 tonnes per hour from its two mills in Kano and Bauchi states, Tiamin Rice is one of the largest producers of rice in Nigeria.”

The business operates a 10,000 hectare rice field in Udubo, Bauchi State, stated he.

Besides, the rice miller noted the company has “benefited from six different Central Bank of Nigeria development finance operations.”

According to him, the company has successfully repaid four intervention funds, adding the intervention cost about N20 billion.

Tiamin Rice Company, Ibrahim said, is the first corporate body to utilise CBN funds from the Private Sector-led Accelerated Agricultural Development Scheme.