Julius Berger Diversifies into Agro-processing Business

By September 26, 2020 NEWS

The board of Julius Berger Nigeria Plc has approved a diversification into the Agro-processing as part of efforts to deliver on the company’s long term strategy.

In a notification to the Nigerian Stock Exchange (NSE) yesterday, Julius Berger Nigeria said it had severally advised the capital market that the company would be looking into diversification opportunities, based on the emerging developments, political, economical and structural in Nigeria and the resultant reforms by the Governments.

According to the company, the diversification was approved at a meeting held last Tuesday.

“The board of directors and the executive management of Julius Berger strongly believes that this diversification direction would support the continued success of the Group in the future and align with the strategic objective of the Government to stimulate value creation in Nigeria,” the company said.

Source: ThisDay