The Nation Newspaper Nigeria targets $55b export of Rhodes grass to UAE
A group of investors are targeting export of Rhodes grass estimated at $55 billion to the United Arab Emirates this year.
The event was organised by African Union InterAfrican Bureau for Animal Resources, Federal Ministry of Agriculture and Food Security, Sterling Bank and other partners. According to him, the group has secured an order for 240,000 metric tonnes of Rhodes grass to UAE Market, as well as six per cent of the Middle East Market.
Speaking during the forum, Group Head, Agric Finance & Solid Minerals Group at Sterling Bank Plc, Olushola Obikanye said the bank was ready to propel large and small and medium-scale enterprise operators in the livestock feed and fodder sector into the realm of scaleable exports.
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