Group gets nod to invest $14.2m in Ekiti’s agro-allied industry | The Guardian Nigeria News - Nigeria and World News

  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 94%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

With the Federal Government’s assurance of support, all bottlenecks have been cleared for Exxess Group of companies to invest $14.2 million in large scale cassava farming and processing in Ekiti state.

The project is expected to cover about 3,600 hectares of land cultivated in addition to the establishment of a 60-tonne flour mills daily.

Financiers of the project include, U.S. Development Finance Corporation; U.S. EXIM bank; African development bank; International Finance Corporation, European Development Finance Institutions, Central Bank of Nigeria and some commercial banks.Leader of the team, John Olajide disclosed this when he led the group on a courtesy visit to the Minister of Industry, Trade and Investment, Adeniyi Adebayo, in Abuja.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines