The Lagos State government has signed a memorandum of understanding with WACOT Rice Limited on the management of Imota Rice Mill.
Governor Babajide Sanwo-Olu while speaking at the ceremony the company has technical expertise to provide operational supports .
He disclosed that government has also handed over the management of the Rice Mill to the company.
“Today, we signed a Memorandum of Understanding and handed over the management of Imota Rice Mill to WACOT Rice Limited ahead of full operations.
“WACOT has the pedigree and technical expertise to provide operational support and manage the mill efficiently.” the governor said .