From Mathew Jwantu, Minna
The need for Nigeria to change her political will towards her investment narrative formed the major part of discussions at an investment session between Niger State government team led by Governor Abubakar Sani Bello and a private investment multinational company led by its Chairman, Mr Mohan Vaswani at the Lagos Free Trade zone in Lekki.
Moved by the desire to bring investment to the state, the state government has been making concerted efforts towards encouraging investors to tap from the state’s resources especially in the area of agriculture.
It is against this backdrop that Governor Sani Bello, under the invitation of one of the most prominent and influential private investment multinational companies, met with the Tolaram Group Chairman, Mr. Mohan Vaswani to see how best to harness the potentialities of the state through a mutually beneficial partnership, and especially in making the state a business hub.
Sources revealed that, the Multinational Corporation, which has been closely linked to the economic and social growth of the country through its investments in agriculture, infrastructure and consumer goods in the last forty years, has concluded arrangements to establish a Chili Company in the state
Presenting the group’s various brands of products through a power point application, Assistant Manager, Business Development, Chinju Udora highlighted the achievements of the group established over four decades ago, working with strong partners around the world, including Nigeria.
With over 19 factories spread across the country, Tolaram Group is among the largest employer of labour in the country with over fourteen thousand employees nationwide.
Governor Abubakar Sani Bello, while acknowledging the group’s presence in Wushishi, headquarters of Wushishi Local Government Area of the state, said the company has already acquired five thousand hectares of land in its effort to make the state the hub and potential source of the company’s raw materials for its manufacturing plant.
The Governor’s meeting with other critical stakeholders at the group’s Headquarters, Lagos Free Trade zone, Lekki is to see how the two teams can work out modalities for better partnership as part of efforts to diversify and open up opportunities for the state.
At the end of proceedings, Governor Sani Bello assured the group of an enabling environment for their investment.
Earlier, the group’s chairman, Mr. Mohan assured the state government of his company’s desire to work closely with the state for its rapid growth and development in particular and the country at large.
Highlights of the meeting was the inspection of some of the factories at the Lagos free Trade zone including the proposed Lekki Port which is the largest Private Public Partnership (PPP) in Nigeria.