Nigerian Sovereign Investment Authority Pumps Over Twenty Five Million Dollars To Boost Agriculture In Nasarawa State

National, Uncategorized

By Dahiru Hassan – Lafia

The Nigerian sovereign investment authority is injecting over twenty five million Dollars in Nasarawa state for the production of maize and soya beans.

The portfolio manager Nigerian sovereign investment authority mr Tayo Ajayi disclosed this during a visit to govenor Abdullahi sule at the government house Lafia.

Since the assumption of governor Abdullahi sule in office, one of the major priority and focus of his administration is industrialization of the state to create job opportunities to teaming youths and enhance the economic growth and development of the state.

It was on this background that several investors such as Dangote group, Azman rice, Nigerian flower mills, have since committed their resources for investment in different areas of their needs in the state.

This time was the Nigerian sovereign investment authority who indicated interest to invest in the area of Agriculture with maize and soya beans as major product.

Speaking during the visit, the portfolio manager Nigerian sovereign investment authority mr Tayo Ajayi said panda in Karu local government area of the state is suitable for investment in Agriculture.

Tayo Ajayi explained that over three thousand hectares of land was earmaked for the project but currently operating on one thousand three hundred hectares of land.

On his part governor Abdullahi sule appreciated the Nigerian sovereign investment authority for finding Nasarawa state suitable for the investment.

The Governor also assured them of government support and cooperation to harness the potentias of the state.

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