Governor Bello Attracts Multinational Firm to Establish Chili Firm in Niger

By September 28, 2019 Investment News

Niger State government’s efforts to attract investments to the state yielded some fruits over the weekend as the operators of the Lagos Free Trade Zone in Lekki, led by its Chairman Mr. Mohan Vaswani, resolved to establish a multi-million naira Chili company in the state.

Accordingly, the Niger State Governor, Alhaji Abubakar Sani Bello, multi-million Chili Company which will soon take off is designed to boost the state’s economy and increase employment opportunities.

Governor Bello who had an investment session with one of the most prominent and influential private investment multinational companies met with Tolaram Group Chairman, Mr. Mohan Vaswani to see how best to harness the potentialities of the state for mutual benefits especially in making the state a business hub.

Governor Bello, while acknowledging that the group is already in Wushishi, headquarters of Wushishi Local Government Area of the state where it acquired five thousand hectares of land for the scheme with intention to acquire additional ten thousand hectares to make Niger State the hub for the company’s grow materials for its manufacturing plant. He assured the group of an enabling environment for their investments.

He said that the move was part of concerted efforts to bring investment to Niger State, to encourage investors to tap from the state’s resources especially in the area of agriculture, adding that with political will towards her investment the narrative about foreign direct investment in Nigeria will change.

The governor who was in Lagos on the invitation of the Tolaram Group of Companies also has an inspection tour of the Lagos Free Trade Zone where he expressed satisfaction over their performance.

Presenting the group’s various brands of products through a power point, Assistant Manager Business Development, Chinju Udora highlighted the achievements of the group established over four decades ago but became more operational in 1998, working with strong partners around the world, Nigeria inclusive with a sustainable amount of money committed in the business.

The governor’s meeting with other critical stakeholders at the group’s headquarters, at the Lagos Free Trade Zone about 57 Kilometers away from Lekki enabled the two teams to work out modalities for better partnership as part of efforts to diversify and open up opportunities for the state.

The Group Chairman, Mr. Mohan, who led his team, assured the state government of his company’s desire to work closely with the state for its rapid growth and development in particular and the country at large.

Source: Newtelegraphng