To further boost food production in Nigeria, the World Bank, under its Growth and Employment (GEM), has provided business support for Abakaliki rice – a company primarily focused on producing Abakaliki rice.
Under the arrangement, the World Bank provided financial support to Ainotrans Energy – the producers of Abakaliki rice to enable it engage the services of vendors that will aid in carrying out its marketing drive. The World Bank, under its Growth and Employment (GEM), the project is one of the economic empowerment initiatives of the present administration.
Abakaliki rice is high quality rice at affordable prices, and is purely natural, 100 per cent local, very high in nutritional value, 100% stone free, and husk free. According to the CEO, Ainotrans Energy, Innocent Mbey,´Our rice is produced using the very best practices available and the World Bank support will even help us provide quality food to Nigeria’s teeming population’.
The World Bank said that a mechanism to ensure full implementation of objectives contained in the selected proposals was already in place, while a comprehensive monitoring and evaluation work plan had been designed.
The idea behind the GEM programme, the World Bank noted, “is to further support the presidency’s drive to celebrate and empower the most promising and highly scalable indigenous technology start-ups who are providing innovative solutions to local challenge.
The GEM project requested for submission of business proposals from eligible applicants of the AVDD 2016 programme of which 289 applicants were screened before the final 81 were eventually picked after a rigorous process of vetting.
For more information contact:
AINOTRANS ENERGY LIMITED
55, Nnobi street, Ikate, surulere Lagos, Tel: 08122593166
48 Mukandasi Street, Off Ago Palace Way, Okota Lagos. Tel: 08033961451