Request for Expression of Interest (EOI) For Participation in the Establishment of Ten (10) Integrated Medium Scale, Rice Processing Mills and Six (6) High Quality Cassava Flour (HQCF) Mills at Federal Ministry of Agriculture and Rural Development (FMARD)
Bank of Industry
The Federal Government of Nigeria
Federal Ministry of Agriculture and Rural Development (FMARD)
In Collaboration with Bank of Industry (BOI) Limited
Request for Expression of Interest (EOI) For Participation in the Establishment of Ten (10) Integrated Medium Scale, Rice Processing Mills and Six (6) High Quality Cassava Flour (HQCF) Mills
Consistent with the Agricultural Transformation Agenda of the present administration and the directives of His Excellency, Mr. President, on the need to attain self-sufficiency in domestic rice production and attain a minimum of 20% substitution of HQCF for wheat flour in bread baking and other confectioneries in Nigeria, the Federal Ministry of Agriculture and Rural Development in collaboration with the Bank of Industry (BOI) Limited is facilitating the establishment of ten (10) Integrated Medium Scale Rice Processing Plants in Anambra, Bauchi, Bayelsa, Benue, Kaduna, Kebbi, Kogi, Niger, Ogun and Zamfara States with a capacity of 36,000 MT per annum each and six (6) High Quality Cassava Flour (HQCF) Plants in Abia, Cross River, Delta, Nasarawa, Ogun and Ondo States with capacity of 18,000 MT each per annum, as approved by the Federal Executive Council.
Expression of Interest (EOI) is hereby invited from prospective and eligible investors to participate in the scheme in the form of ownership, operation and management of the mills in the selected locations across the country.
2.0 Requirements for Expression of Interest:
Investors must provide verifiable information indicating that they are able to own, manage and operate the mills. The Expression of Interest must include;
- A Certified true copy of the Certificate of Incorporation of the company.
- A Profile of the Company (or Brochures).
- Evidence of Financial Capability – Eligible Investors will be required to contribute equity of not less than 25% of the cost of the plant.
- A Two (2) Page brief covering relevant experience in Agro Processing and a plan for the management and operation of the mills including arrangement for feed stock and working capital.
- Membership of registered Rice and Cassava production/processing associations (will be an added advantage).
The Expression of Interest should be state- specific and limited to only one (1) location per Investor.
3.0 Submission of Expression of Interest:
The Expression of Interest should be submitted in Two (2) Copies, properly sealed and clearly marked at the top right hand cover “Expression Of Interest (EOI) For The Establishment Of Integrated Medium Scale Rice Processing Plant Or High Quality Cassava Flour (HQCF) Plant in ………………..State” On or before 12.00noon on Thursday November, 20th 2014.
The sealed envelopes should be addressed and delivered to:
The Managing Director,
Bank of Industry (BOI) Limited, OR 23, Marina Lagos.
The Managing Director
Ban k of Industry (BOI) Limited, 10th Floor,
BOI House, Plot 256, Off Herbert Macaulay Way,
Central Business District, Abuja
For Further enquiry, please contact:
Mr. Joseph Babatunde, Tel: (01) 2715030 (Lagos).
Mrs. Lolo Kadafa, Tel: (01) 2790484 (Lagos).
Mrs. Bisi Ajayi, Tel: 08151191109 (Abuja).
Expression of Interest will be opened at BANK OF INDUSTRY BUILDING, PLOT 256, ZONE AO, OFF HEBERT MACAULAY WAY, BEHIND UNITY BANK, CENTRAL BUSINESS DISTRICT, ABUJA on Thursday November 20, 2014.
Shortlisted Prospective Investors will be required to submit a detailed Business Proposal for participation in the scheme