Grapevine

Ogun earns N1 billion revenue from rice production in three months – Abiodun

The Ogun State Government has announced a revenue of N1 billion from its rice revolution project over three months.

The State Governor, Dapo Abiodun, disclosed this on Monday, 19 August, when he flagged off the harvesting of the 200-hectare Magboro rice farm in Obafemi-Owode Local Government Area of the state.

With a yield of seven metric tonnes per hectare on the 200-hectare pilot project, the state produced approximately 1,400 metric tonnes of rice, equivalent to 20,000 bags of milled rice.

The feat, according to the governor, brings in an estimated revenue of N1 billion every three months to the state, directly benefiting the out-growers, including many youths and women who are new to farming.

Following the success of the first harvesting, the state governor said the project will now scale up to 2,000 hectares, with plans to expand to 5,000 hectares.