For its pioneering efforts in promoting agriculture in Nigeria, Multinational conglomerate, Stallion Group, has again been honoured at this year’s annual Nigeria Agriculture Award (NAA).
Stallion Group won two major awards for its performance in Nigeria’s fully integrated rice value chain, contributing to the country’s goals for self-sufficiency in rice production.
Stallion bagged the awards for “Corporate achiever in agriculture” and “Agro-brand of the year.”
NAA’s central committee said it took into cognisance Stallion Group’s “efforts in maintaining the largest rice processing business in Nigeria, with a well-articulated and implemented backward integration framework.”
The central committee again noted that Stallion’s brand, Royal Stallion Shinkafa, had maintained an unassailable rice brand, providing unparalleled quality to the Nigerian consumer, such as outstrips even imported brands.
“We identify your success and commend it with this award,” it said.
The annual NAA honours performing Nigerian farmers in the various agricultural sectors. The award is aimed at recognising and rewarding men, women, businesses and institutions that have contributed to Nigeria’s re-emergence as a veritable force in agriculture.
The organisers said they are convinced that such special recognition of individuals and corporate organisations that have distinguished themselves as critical actors in the agricultural sector will serve as motivation to other stakeholders to follow suit.
In 2014, Stallion Group was recognised by the Federal Government as one of the country’s second largest conglomerates considering the amount of taxes paid, the employment generated, Corporate Social Responsibility and the companies’ turnover.
Notably, Stallion has announced plans to expand capacities in Nigeria to 1.5 million tonnes in collaboration with farmers, institutions and other stakeholders in the rice value chain.