₦airaland Forum

A delegation of 25 Chinese investors has inspected some areas in Katsina State to explore large-scale agricultural and renewable energy opportunities worth more than $700 million.

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The executive secretary of the Nigerian Investment Promotion Commission, A’isha Rimi, disclosed this in Katsina on Monday, shortly after the inspection.

The executive secretary was represented by the NIPC director of strategic services, Abubakar Yerima.

Ms Rimi further explained that the delegation was led by China Overseas Engineering Group, a state-owned Chinese construction conglomerate.

According to her, the investors are interested in establishing a comprehensive agricultural value chain for rice, maize, cassava, and fisheries, as well as a 10,000-head cattle ranch.

She noted that other proposed ventures included agricultural machinery assembly plants and a solar power facility.

Ms Rimi also said, “With NIPC facilitation, they have already committed $200 million in Niger State, which has now been expanded to $720 million. They also recently announced $620 million in Jigawa and $500 million in Oyo state. If they find the right opportunities here in Katsina, we are looking at a similar level of investment.”

The executive secretary highlighted key project proposals in Katsina, including a 2,500-hectare Sabke Dam for maize cultivation to produce livestock feed, and a Dabiram Dam with 380 hectares dedicated to a complete fisheries value chain.

According to her, the investors also proposed a leather processing factory, an agricultural research institute for goat and cattle breeding, and a partnership on a goat breeding centre in the Rimi LGA.

Others, she said, were the Solar Power Products Assembly Plant, the Agricultural Commodities Commercial Centre in Mai’adua, and the PPP with the State Government for a Special Agricultural Processing Zone and Green Economic Zone.

The executive secretary also added that the projects would require about 4,000 hectares of land, with an initial investment commitment of $150 million.

Ms Rimi commended the proactive role of the Katsina State Investment Promotion Agency, noting that the investors were impressed with the level of preparation and presentations received.

The delegates had visited areas in Jibia, Mashi, Daura, Mai’adua, and Kaita local government areas.

https://gazettengr.com/chinese-investors-plan-700-million-agricultural-investment-in-katsina/

Trying to give the impression that banditry is not stopping FDIs?

Another lamba. Where is the 17 billion dollars Indians promised to invest on Nigeria during tinubu trip to India.

nedu666:
Another lamba. Where is the 17 billion dollars Indians promised to invest on Nigeria during tinubu trip to India.

Dude, NUMEROUS investments are taking place all over Nigeria, including from Indians, Chinese, Brazilians, even Russians.

You will see them concentrated in Export Processing Zones (EPZs), without media fanfare.

Go to Ogun state and see what is happening.

Investors are POURING INTO Nigeria.

You better wake up.

CodeTemplarr:
Trying to give the impression that banditry is not stopping FDIs?

Oh sure.

They got 25 busy Chinese CEOs and their staff to leave China and fly thousands of miles all the way to Nigeria just to help Tinubu ''give the impression that banditry is not stopping FDIs.''

You people are irredeemable.

Kushites:
Oh sure.

They got 25 busy Chinese CEOs and their staff to leave China and fly thousands of miles all the way to Nigeria just to help Tinubu ''give the impression that banditry is not stopping FDIs.''

You people are irredeemable.

ogolemati:

Thats another reply to my post from another thread. A 180° turn from yours.

nedu666:
Another lamba. Where is the 17 billion dollars Indians promised to invest on Nigeria during tinubu trip to India.

Do you know the numbers of investors creating businesses in ogun state since 2024 till now? It is something you can search if you really want to educate yourself.

Kushites:
Dude, NUMEROUS investments are taking place all over Nigeria, including from Indians, Chinese, Brazilians, even Russians.

You will see them concentrated in Export Processing Zones (EPZs), without media fanfare.

Go to Ogun state and see what is happening.

Investors are POURING INTO Nigeria.

You better wake up.

Let him sit there and continue to cry "lamba"

Kushites:
Oh sure.

They got 25 busy Chinese CEOs and their staff to leave China and fly thousands of miles all the way to Nigeria just to help Tinubu ''give the impression that banditry is not stopping FDIs.''

You people are irredeemable.

What is a CEO

Every body is CEO

Without being political or biassed at best you can say

25 people of Chinese origin

Saying they are busy Chinese CEOs is self deprecation

We don't know who this people are and whether they have that kind of money until we see the money. Not audio CEO with audio investments

Nigerians are too smart to be taken in because they are Chinese and you should be smarter than that
I hope it is not a scam and wish them well is what a wise person would say.

Saying they are busy Chinese CEOs is really worrying about the consciousness of Nigerians
Do you even know anything about who they are or their track record

Kushites:
Dude, NUMEROUS investments are taking place all over Nigeria, including from Indians, Chinese, Brazilians, even Russians.

You will see them concentrated in Export Processing Zones (EPZs), without media fanfare.

Go to Ogun state and see what is happening.

Investors are POURING INTO Nigeria.

You better wake up.

Investors are not pouring in to Nigeria let us not exaggerate. How much money did they bring in the last 12 months?

What are the names of these investors?

Is it the same Katsina that terrorists' have established full presence? Is my eye paining me?

aribisala0:
Investors are not pouring in to Nigeria let us not exaggerate. How much money did they bring in the last 12 months?

Have you stepped foot in an EPZ?

YOU KNOW NOTHING.

Just like majority of kids on this forum.

You don't read or research, so you don't know.

Who is supposed to calculate for you "how much money they brought in"?

They will come and count the money in front of your house. Be waiting.

Kushites:
Have you stepped foot in an EPZ?

YOU KNOW NOTHING.

Just like majority of kids on this forum.

You don't read or research, so you don't know.

Who is supposed to calculate for you "how much money they brought in"?

They will come and count the money in front of your house. Be waiting.

It is a simple question

How much money did they bring in the last 12 months

When I don't know I ask so please educate me