Nigeria’s quest to attain self-suf­ficiency in food production re­ceived a major boost in Lagos, Tuesday, with the unveiling of the state-of-the-art rice processing mill with the capacity to produce 20,000 metric tons of rice per annum. Operating optimally, the rice mill is estimated to produce between 350,000 and 400,000 bags

A U. S.-based company, Masilo, is to establish a 150-million-dollar cassava processing mill in Kwara, Governor AbdulFatah Ahmed said on Tuesday.

Ahmed disclosed this when he received the Managing Director of Diamond Bank, Dr Alex Oti, who paid him a courtesy visit at the Government House in Ilorin.

Twenty-two Japanese firms are presently in the country on an investment opportunities seeking mission.

The naira depreciated to its weakest in three months against the dollar after the country’s inflation accelerated.