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Agriculture Olam's Poultry, Dangote to invest $160M

Olam's Poultry and Dangote group of Companies are to invest $160 million on Poultry and Tomato in Kaduna state, Governor Nasir Ahmad Elrufai has said.

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Speaking at the end of an investment summit held in Kaduna, "KadInvest," on Thursday, April 7, 2016, El-Rufai said Olam's Poultry project which will gulf $150 million, will be built in Gwagwada, Chikun Local government area, Kilometre 24 Kaduna-Abuja Express way.

The governor also said that Dangote Group of Companies will establish $10million tomato farming and processing company in the state.

El-Rufai said he will  perform a ground breaking ceremony of the biggest poultry/hatchery in Sub Saharan Africa worth 150million US dollars in Kaduna today Friday April 8, 2016.

"Special ground breaking ceremony of the biggest poultry/hatchery in Sub Saharan African in Kaduna which is valued at about 150million US dollars by Olam and Tomato farming and processing company of $10million by Dangote have been achieved," Elrufai said.

The Kaduna State governor urged investors to embrace business opportunities in the state adding that Kaduna is a gateway to Northern Nigerian market with effective land management with raw material.

"Kaduna State Government is to adopt FG  formula for developing the solid minerals sector.  A proposal for world class developers to come to Kaduna to train the youths (science oriented) on IT and development of software. Development of tourism sector. Developing mining is a step for enhancing industrialization and job creation" El-Rufai added.

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