Paddy Rice: Gold-Forth Limited signs MoU with Stallion Group

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The management of Gold-Forth Limited has signed a Memorandum of Understanding (MoU) with Popular Farms & Mills Limited- the rice milling arm of Stallion Group on supply of paddy rice.

In a statement made available to AgroNigeria, the Special Signing Ceremony took place at the factory address, No 54 Challawa Industrial Estate Coca Cola Junction, Sharada Phase III, Kano.

According to the statement, “The major thrust of the MoU is to promote mutually beneficial cooperation between the two parties.”

“Stallion Group is a major player in the rice value chain while Gold-Forth Limited through its Gold-Forth Farmers Network (GFFN), plays a critical role as an aggregator and distributor of agricultural commodities, especially paddy rice and soyabeans.” The statement reads

In his remarks, the MD/CEO of Gold-Forth Limited Limited, Mr. Dare Nana who expressed his excitement at the MoU, noted that the whole idea of the MoU was birthed at the High-level Rice Conference organised by AgroNigeria early this year.

“I met Mr. Amit Rai Stallion GM at the High- level Rice Conference organised by AgroNigeria and followed up with him since then. This is the result”. Mr. Nana said

GOLD-FORTH LIMITED is an agro Commodity trading company focused on aggregating commodities from several small holder farmers, performing basic value adding activities such as drying, sorting, cleaning and bagging, supplying to wholesale buyers and processors locally and internationally.

The post Paddy Rice: Gold-Forth Limited signs MoU with Stallion Group appeared first on AgroNigeria.

Source: AgricNews-Update

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