Niger gears up for agric powerhouse status as firm invests $25m in shea butter, soya, rice production

Niger State is poised to become a leading agricultural hub in Nigeria with the announcement of a $25 million expansion strategy by the PJS Group for 2024. This strategy builds upon previous investments in the state, bolstering the local economy and job market. Governor Umaru Bago’s Food Security Program aligns with this vision, fostering strategic partnerships like the recent MOU with Kiara Rice Mills Limited to enhance the agricultural value chain and transition rice production from subsistence to commercial levels. PJS Group’s expansion plans include investments in soya and rice bran oil production and a shea butter extraction factory, aiming to diversify operations, create new markets, and support sustainable livelihoods. These initiatives underscore PJS Group’s commitment to long-term growth, job creation, and the economic development of Niger State. Source: The Guardian

Our Review
The collaboration between the Niger State Government and PJS Group, alongside strategic partnerships like the one with Kiara Rice Mills Limited, demonstrates a proactive approach to agricultural development and economic growth. By leveraging investments in key sectors such as oil production and shea butter extraction, PJS Group not only expands its product portfolio but also contributes to job creation and sustainability initiatives in Niger State. Governor Bago’s Food Security Program aligns with these efforts, showcasing a shared commitment to transforming agriculture and fostering regional prosperity. The $25 million expansion strategy reflects PJS Group’s confidence in the state’s potential and underscores its role as a catalyst for development and innovation.