Mar 27, 2014

Kohath Rice Company from Investing in Nigeria

Teniola Eleoramo, Kohath Rice speak at Investing in Nigeria symposium, on March 7th, 2014. Part of the Diaspora Invests series. Presentation available here: http://goo.gl/gAcSpl. Given that Nigeria imports about 2 Million Tonnes of rice annually it's the second largest importer of rice in the world despite its comparative advantage in rice production. Current projections indicate that Nigeria will require 36 Millions Tonnes of rice annually by 2050 to meet the needs of its 300 Million people. Kohath Rice Company seeks to fill the demand-supply gap through the development of its Integrated Rice Production project which will harness local capacity and Nigeria's comparative advantage in rice production.