One of Thailand's largest companies, CP Group, has announced its intention to invest in rice production in Nigeria.

The Guardian reports a delegation from the group met with management of the Nigeria Investment Promotion Commission (NIPC) in Abuja.

Charge d' Affairs of the Royal Embassy of Thailand, Mr Niyom Wathammawut, said the purpose of the visit is to examine the numerous investment opportunities in Nigeria's agriculture sector.

Mr Mustafa Bello, executive secretary of the NIPC, said the agriculture sector's major challenge is to support small scale farmers to grow quantity and quality. "We don't have large scale farmers in Nigeria," he said.