Katsina-born business mogul and philanthropist, Chairman of Max Air and AFDIN Construction Company Alhaji Dahiru Bara’u Mangal has begun the construction of a multi-billion paddy rice processing company in Katsina.
The company, when completed will have the capacity to process 16 metric tons of paddy rice per hour, with will two lines of 150,000 per annum, with their own Captive Power Plant of 2MW each.
Gov. Aminu Masari of Katsina State, on Sunday, laid the foundation for the construction of the company in Katsina.
The governor said that it was a commendable investment which was expected to generate over 10,000 jobs when completed.
Masari said that it was important for the private sector to complement governments efforts at resuscitating the economy by investing in areas that would create jobs and drive economic growth.
The governor assured that the state government would support all initiatives aimed at moving the state forward.
In his remarks, the Executive Director of the company, Alhaji Fahad Mangal, said when completed, the company would process 300,000 metric tons of rice per annum.
He added that the project, which was divided into two phases, would be completed by the first quarter of 2020.
According to him, the project would assist the country to meet the domestic demand for high-quality parboiled rice and attain self-sufficiency in rice production.
He further said that it would also assist in reducing poverty among the citizens.
The executive director also said that they would soon launch the Gobarau Agro Allied Fertilizers Blending Plant in Katsina, which would cost about N1.5 billion.