{"id":244421,"date":"2023-01-26T08:32:17","date_gmt":"2023-01-26T07:32:17","guid":{"rendered":"https:\/\/www.withinnigeria.com\/news\/?p=244421"},"modified":"2023-01-26T08:32:17","modified_gmt":"2023-01-26T07:32:17","slug":"imota-mill-support-rice-farmers-in-lagos-lcci-tells-finance-institutions","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/news\/2023\/01\/26\/imota-mill-support-rice-farmers-in-lagos-lcci-tells-finance-institutions\/","title":{"rendered":"Imota mill: Support rice farmers in Lagos, LCCI tells finance institutions"},"content":{"rendered":"<p>The Lagos Chamber of Commerce and Industry (LCCI) has implored the finance development institutions to support rice farmers in the state.<\/p>\n<p>This was contained in a statement released on Tuesday by the LCCI.<\/p>\n<p>According to the chamber, the support would enable fannrmers scale up to meet local demand.<\/p>\n<p><span class=\"acssf62a8\">The chamber, making reference to the recently inaugurated<\/span><span class=\"acssf62a8\">\u00a0<a href=\"https:\/\/www.withinnigeria.com\/news\/2023\/01\/22\/adelekes-brother-not-involved-in-borehole-projects-aide\/\">projects<\/a> in Lagos state, said it was \u201cmore concerned with the economic impact\u201d of the facility.<\/span><\/p>\n<p>According to LCCI, the federal government needs to be sensitive to the massive private investments and be more intentional in creating a stable policy environment.<\/p>\n<p><span class=\"acssf62a8\">However, it added that the commissioning of the Lekki deep sea port, Lagos rice mill at Imota, the 18.75killometres Eleko-Epe rigid pavement six-lane expressway, the first phase of the blue line rail, and the John Randle centre for Yoruba culture and history, was a significant factor in driving development in the state.<\/span><\/p>\n<p><span class=\"acssf62a8\">\u201cWith infrastructure remaining a critical driver of growth and development, the Lekki deep seaport, Nigeria\u2019s largest <a href=\"https:\/\/www.withinnigeria.com\/news\/2023\/01\/23\/lekki-seaport-will-generate-thousand-jobs-sanwo-olu\/\">seaport<\/a> with a draught of 16.5m, will support trade and commerce in Nigeria and the entire West African region,\u201d Chinyere Almona, director-general, LCCI, said.\u00a0<\/span><\/p>\n<p><span class=\"acssf62a8\">\u201cThe 32-metric tonnes per hour Lagos rice mill at Imota-Ikorodu was also launched to produce rice for Lagos residents and possibly for export. The intent to ease transportation in Lagos led to the conceptualisation and eventual launch of the Lagos blue line rail project.<\/span><\/p>\n<p><span class=\"acssf62a8\">\u201cThis project is part of fulfilling the request for a multi-modal transport system in Lagos to ease the traffic jams experienced by Lagos residents. To maximise the benefits of these infrastructures and facilities, there must be a connecting rail network that supports the movement of goods and persons to fully facilitate trade and commerce within the state and across the West African borders.<\/span><\/p>\n<p><span class=\"acssf62a8\">\u201cWith this connection, \u2018Eko rice\u2019 can easily move into the West African market to explore the benefits of the African Continental Free Trade Area (AfCFTA). With access to the African market, farmers in Lagos are encouraged to commit more investments into rice production, create more jobs, and provide more rice to beat the rising price of the product.\u201d<\/span><\/p>\n<p><span class=\"acssf62a8\">The chamber further commended the state government for its efforts to provide infrastructure, adding that the projects will positively impact the economy, and grow the gross domestic product (GDP) of the state and that of the country.<\/span><\/p>\n<p><span class=\"acssf62a8\">\u201cWe urge finance development institutions to support rice farmers in Lagos to scale up their production capacity to meet local demand,\u201d it added.<\/span><\/p>\n<p><span class=\"acssf62a8\">\u00a0In addition, LCCI encouraged other state governments to provide the needed infrastructure to spur economic activities and growth in their states.\u00a0<\/span><\/p>\n<p><span class=\"acssf62a8\">\u201cWe also call on the federal government to be sensitive to the massive private investments in various states and be more intentional in creating a stable policy environment. Policy summersault has remained one of the most damaging factors to investors\u2019 confidence,\u201d it said.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Lagos Chamber of Commerce and Industry (LCCI) has implored the finance development institutions to support rice farmers in the state. This was contained in a statement released on Tuesday by the LCCI. According to the chamber, the support would enable fannrmers scale up to meet local demand. The chamber, making reference to the recently [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":244427,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":{"source_name":"","source_url":"","via_name":"","via_url":"","override_template":"0","override":[{"template":"custom","single_blog_custom":"211693","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"single-left","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"floatbottom","share_float_style":"share-monocrhome","show_share_counter":"1","show_view_counter":"1","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"0","number_popup_post":"1","show_author_box":"0","show_post_related":"0","show_inline_post_related":"1"}],"override_image_size":"0","image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post":"0","trending_post_position":"meta","trending_post_label":"Trending","sponsored_post":"0","sponsored_post_label":"Sponsored by","sponsored_post_name":"","sponsored_post_url":"","sponsored_post_logo_enable":"0","sponsored_post_logo":"","sponsored_post_desc":"","disable_ad":"0"},"jnews_primary_category":{"id":"","hide":""},"jnews_override_bookmark_settings":{"override_bookmark_button":"0","override_show_bookmark_button":"0"},"jnews_override_counter":{"override_view_counter":"0","view_counter_number":"0","override_share_counter":"0","share_counter_number":"0","override_like_counter":"0","like_counter_number":"0","override_dislike_counter":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[16587],"tags":[371,12663,55911,209],"class_list":["post-244421","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-fg","tag-investments","tag-lagos-chamber-of-commerce","tag-rice-farmers"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Imota mill: Support rice farmers in Lagos, LCCI tells finance institutions<\/title>\n<meta name=\"description\" content=\"The Lagos Chamber of Commerce and Industry (LCCI) has implored the finance development institutions to support rice farmers in the state.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.withinnigeria.com\/news\/2023\/01\/26\/imota-mill-support-rice-farmers-in-lagos-lcci-tells-finance-institutions\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Imota mill: Support rice farmers in Lagos, LCCI tells finance institutions\" \/>\n<meta property=\"og:description\" content=\"The Lagos Chamber of Commerce and Industry (LCCI) has implored the finance development institutions to support rice farmers in the state. 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