SUBSEQUENT to increased cotton and
lint demands from local textile
industries as well as exports, Arewa
Cotton, a Nigerian natural fibre
company, based in Abuja, has signed
a tripartite memorandum of understanding (MoU) with the Federal
Government and Ogun State
government on the improved
production and marketing of cotton. The tripartite agreement, which is
targeted at the cultivation of 20,000
hectares cotton farmland at Iwoye-
Ketu, a rural community in Imeko-
Afon Local Government Area of Ogun
State and the production of 100,000 metric tons of lint for local textile
manufacturers and exports, according
to report, will cost Arewa Cotton
between N1.5 billion and N2 billion at
a start. Having considered the commitment of
farmers in the state towards cotton
farming, coupled with the enabling
factors provided the state government
as regards cotton production and
trading, Arewa Cotton is planning to relocate its ginnery — a cotton
processing plant located in the
Northern part of the country to Ogun
State, in order to start as part of the
agreement. Speaking at the official roll-out of
Growth Enhancement Support (GES)
for cotton held at Iwoye-Ketu,
recently, Adebayo Olayemi, financial
controller of Arewa Cotton, noted that
the company had signed MoU with the Federal Government to develop cotton
in South-West and North-Central, as
part of Arewa Cotton and
government’s joint efforts to create
wealth, generate jobs and meet up
with the local and foreign demands.




OGUN is indeed investors' friendly. Peaceful, and fast developing.
God bless Ogun State, God bless SW, God bless federal republic of Nigeria. (AMEN)




www.vanguardngr.com/2013/09/arewa-cotton-fg-ogun-sign-mou/

Am proud to be called an indigene of that state. God bless the good people of Ogun state and the good people of Nigeria

Amosun is too much joo

Ogun State is too much jare

SW is too much for real.....

Practically all the investements and development in Nigeria are SW related, even a Northern Nigerian company is basically relocating to the SW.


And according to the usual chest beaters, %70 of the goods entering Nigeria heads to their villages, but investment we no see, projects we no see, GDP is in the dumps and progress remains invisible....

Like they say, fantasy and reality ain't the same...


Long live SW.....

there is a need to build a 30 km road to olokola , ijebu waterfront. this is how to have a skyline like lagos. the road is not good.
the cost of the road is less than N5 billion. this is what the ogun state govt is doing wrong for many years



[img]http://dilemmaxdotnet.files./2012/06/lagos-nigeria-city-01.jpg[/img]