Aliko Dangote Invests $1billion In Rice Production

Aliko Dangote has decided to pour some of his money into the agricultural sector.

Africa’s richest man and chairman of Dangote Group, Aliko Dangote has invested $1billion in rice production in Nigeria.

The signing of the $1billion-dollar Rice Investment Memorandum of Understanding (MoU), between the Federal Government and Dangote Group held at the State House, Abuja yesterday August 1st.

The Minister of Agriculture, Adewunmi Adesina and Alhaji Dangote signed on behalf of the Federal Government and Dangote Group respectively.

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