Nigeria

The establishment of Gboko Bakery is expected to drive economic recovery by fostering small-scale production and expanding job creation, both direct and indirect.

Rice shortfall in Nigeria has left the country reliant on imports valued at nearly US$2 billion annually.

Plazma’s entry into the Nigerian market reflects a broader corporate strategy by NBC and its affiliates to diversify their product offerings and adapt to shifting consumer preferences, favoring convenient, quality snack foods.

While the expected increase in imports will support grain availability and help millers and feed processors manage supply, it raises challenges for local producers.

Under the terms of the MoU, the organisations will focus on scaling programs for smallholder farmers in soy, wheat, maize, and rice value chains in Nigeria.