Export Trading Group (ETG) has unveiled a multi-million-dollar investment plan expected to create more than 6,000 jobs across Nigeria's agricultural value chain. Vice President Kashim Shettima welcomed the move, assuring the conglomerate of strong policy support and a secure investment climate under the Renewed Hope Agenda.
Shettima praised ETG's expansion into seed development, fertilizer blending, agro-logistics and oil processing, describing the company's deepened presence as critical to boosting national food production. He encouraged the firm to scale its operations nationwide, noting that Nigeria's population and resources offer high growth potential for agribusiness SMEs.
Read also,
ETG's Global COO, Niren Murugan, disclosed that its expanded oil-processing facility in Sagamu will become operational by Q2 2026, alongside new investments in inputs supply, storage, mechanisation and integrated agro-logistics. The company also plans to establish Centres of Agro-Excellence in seven states to serve as regional hubs for production and processing.
State governments, including Cross River, expressed readiness to partner with ETG to unlock agricultural potential, strengthen local value chains and attract additional investments. Stakeholders say the initiative will stimulate job creation, expand market access for smallholder farmers and support thousands of MSMEs across Nigeria's agribusiness ecosystem.
No comments:
Post a Comment