Multinational conglomerate Stallion Group was honoured for its pioneering efforts in promoting agriculture in Nigeria, at the annual Nigeria Agriculture Award event held on the 25 November in Lagos.
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.
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.
Stallion was awarded as the “CORPORATE ACHIEVER IN AGRCULTURE”
The central Committee of the Nigeria Agriculture Awards (NAA) recognised Stallion Group’s “efforts in maintaining the largest rice processing business in Nigeria, with a well-articulated and implemented backward integration framework”.
Stallion Group was also honoured as the “AGRO-BRAND OF THE YEAR”.
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”.
The annual Nigeria Agriculture Awards (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 conglomerate considering the amount of taxes paid, the employment generated, Corporate Social Responsibility and the companies’ turnover.