The Lagos State Government has signed a Memorandum of Understanding (MoU) with Yihai Kerry Arawana Holdings Co. Limited, based in China, to boost rice production in the state.
Mr. Babajide Sanwo-Olu, Lagos State Governor, who disclosed this in a statement posted on his X handle on Thursday, said the collaboration was a significant step for the state as it works to enhance its Rice Mill in Imota, Ikorodu.
The governor was part of the entourage of President Bola Tinubu to the Africa-China Cooperation Summit in Beijing, China.
According to him, the goal was to elevate the rice value chain in Lagos State, therefore, the partnership would make a difference.
“By teaming up with YKA, we’re tapping into their wealth of knowledge and technological advancements in rice milling and processing.
“They will provide technical, advisory support for the optimisation and efficiency of rice production using modern agricultural practices, training and other ancillary services.
“Together, we can refine every aspect of the rice production process; from cultivation all the way to milling. But this initiative is not just about efficiency; it’s about nurturing a sustainable and profitable ecosystem for everyone involved, from farmers to consumers”, he added.
Sanwo-Olu said, the signing of the MoU was a testament to the state’s dedication to building international partnerships that brings innovative solutions and best practices into its agricultural sector.
“I’m optimistic about the future and what we can achieve together”, he said.
