Business

El-Rufai: Nigeria’s future belongs to young entrepreneurs

Governor Nasir El-Rufai of Kaduna has pointed out that the future of Nigeria is in the hands of young people and entrepreneurs.

As such, the governor charged the youth to acquire skills for the task ahead.

The governor, who was accompanied by the Deputy Governor, Dr. Hadiza Balarabe, and senior government officials to the inauguration of FaLGates Rice Mill on Friday, praised the proprietor, 32-year-old Sadiq Falalu, for investing in Kaduna State.

El-Rufai pointed out that the rice mill is not just the largest in Kaduna State but the whole of Nigeria, adding that “what the young entrepreneur did is an evidence of what the young people are doing to take over the future.”

The commissioning of FaLGates, which is a N2.5 billion Agric and Agro-Allied company located at Sobawa, Rigachikun, is part of the events lined up for the 7th edition of Kaduna Economic and Investment Summit (KadInvest 7.0)

Speaking at the event, the proprietor of FaLGates recalled that the journey of setting up the rice mill started in 2016, when he approached the Kaduna Investment Promotion Agency (KADIPA) for land allocation.

He said that afterwards, the company set up the largest rice processing plant in Kaduna State, with processing capacity of about 300MT per day, that is over 100,000MT per annum.

Sadiq thanked Governor El-Rufai for approving the company’s land application  and for providing all the aftercare services rendered by Kaduna State Government through KADIPA, Kaduna Geographic Information Service (KADGIS), Kaduna State Urban Planning and Development Authority (KASUPDA), Ministry of Business, Innovation and Technology.

FalGates Rice Mill

According to him, FaLGates employs over 400 people and has created 1,000 indirect jobs, adding that it has built a school for Sobawa community which has over 50 students.

“The Village Head of Sobawa donated a part of his land and we built the Fulani Community school of which today, we have over 50 students because we all know that education is one of the pivots to the growth of any society,” he noted.

As part of its Corporate Social Responsibility, Sadiq said that FaLGates has also  built a security post with a watch tower, which is a five bedroom bungalow ensuite, that can accommodate at least four  people per room.

Abubakar Sadiq Falalu Founder FalGates Rice Mill at the commissioning on Friday, October 14, 2022

According to the proprietor of FaLGates, the bungalow has a kitchen and a 24-hour electricity and water supply, hoping that the Army will take possession of the house.The Star

Editor

Recent Posts

Atiku slams Senate for approving Tinubu’s $6bn loan request

Former Vice President Atiku Abubakar has the Senate’s approval of President Bola Ahmed Tinubu’s request…

24 minutes ago

EFCC re-arraigns Nadabo Energy boss over N1.4bn oil subsidy fraud

The Economic and Financial Crimes Commission (EFCC) on Tuesday re-arraigned the Chief Executive Officer of…

29 minutes ago

Power minister quits Tinubu’s govt, set for Oyo governorship election

Adebayo Adelabu has resigned from his position as the Minister of Power to pursue his…

29 minutes ago

Court orders final forfeiture of N3.4bn, properties linked to former NNPC gas company MD

The Federal High Court in Abuja has ordered the final forfeiture of N3.44 billion and…

35 minutes ago

Rabiu, Elumelu deepen partnership as BUA Foods hits N1.77trn revenue

Nigeria’s industrial and financial leaders are strengthening a long-running collaboration as BUA Group Chairman, Abdul…

39 minutes ago

Man bags one-year jail term for naira abuse in Enugu

The Federal High Court sitting in Independence Layout, Enugu, has sentenced a 24-year-old man, Iziga…

42 minutes ago

This website uses cookies.