ETG digs deep as Nigeria lands agri windfall
The Federal Government has endorsed the Export Trading Group’s renewed multi-million-dollar investment drive in Nigeria. Vice President Kashim Shettima assured the conglomerate of the administration’s full support for its ventures, which are projected to create over 6,000 jobs. He stated that this expanded commitment reflects growing confidence in the nation’s economic reforms.
ETG’s Global Chief Operating Officer, Niren Murugan, detailed the planned investments. These include an expanded oil processing facility in Sagamu scheduled to commence operations in 2026, alongside new projects in fertilizer blending, seed production, and integrated agro-logistics. The group also announced a collaboration to establish Centres of Agro-Excellence in seven states, including Kaduna, Ebonyi, and Borno.
Cross River State Governor, Senator Bassey Otu, participated in the meeting and pledged his state’s readiness to partner with ETG. He highlighted his administration’s reforms and pointed to opportunities in port development, such as the Bakassi Deep Seaport, as areas for potential collaboration.
