Enugu govt, firm seal N100 billion deal to revive moribund palm oil company

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The palm oil company was set up by the state government to engage in planting of palm trees and production of palm products, but it has remained moribund for years.

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Friday Sermon: Lets pray constantly and fervently for Nigeria’s peace and progress, By Murtadha Gusauhas signed a N100 billion deal with Pragmatic Palms Limited to resuscitate the moribund United Palm Products Limited in Enugu State. Whether you turn to Premium Times for daily updates, in-depth investigations into pressing national issues, or entertaining trending stories, we value your readership.

Continuing, the governor said: “I want to assure you that the government you are dealing with is business-facing, and given my background as an entrepreneur, we understand what it means to have the ease of doing business. “We are not talking about the forex earnings into the state and also the building of capacity in-house, technology transfer, as well as skills and knowledge transfer to the people of Enugu State,” she said.

 

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