Lagos State Government has revealed that the 32-metric tons per hour Imota Rice Mill project will be ready by 1st quarter of 2022.
This was disclosed by the Lagos State Governor, Mr. Babajide Olusola Sanwo-Olu on Friday 10 Dec 2021 while visiting the project at Imota in Ikorodu.
The governor said the mill would undergo a pre-production test run before the end of quarter 1 in 2022, after which full operations will start.
The integrated rice mill at Imota is a 22-hectare facility, with the rice mill taking about 8.5 hectares, consisting of a complete set of new mills, two warehouses, 16 silos with storage capacity of 40 metric tonnes each, water treatment plant, effluent processing plant, staff quarters, administrative block, car park, and firefighting facility, among others.
The rice mill has an installed capacity to produce 2.8 million 50kg bags of rice per annum, making it the largest in sub-Saharan Africa and among the largest in the world. It will generate 1,500 direct jobs and 254,000 indirect jobs. It is expected to generate about ₦60billion ($146 million) in revenue annualy.
The State Government is also developing an industrial park close to the mill. Governor Sanwo-Olu said the park would have facilities that would make businesses thrive and bring good returns on investment to business owners.
To facilitate steady supply of raw material for the facility, Lagos State will engage in backward integration via collaboration with states like Kwara, Sokoto, Benue, Borno and Kebbi to meet paddy requirements of the mill.
Upon inauguration, operations of the mill should lead to a drop in the price of rice.