Kogi State is to receive investment worth over 100 Billion Naira
from a US-based investment group, Annointed Holdings.
Kogi State Commissioner for Information, Hajiya Zainab Suleiman
Okino disclosed this after a meeting between the delegation of Annointed
Holding Group and the Kogi state government at the government house in Lokoja.
The Commissioner who noted that the group of investors had a
fruitful discussion with the State Governor, Captain Idris Wada before
presenting their areas of interest to members of the state executive council
and syndicate group of experts, said the administration of Captain Idris Wada
has made Kogi State attractive to local and foreign investors in his
determination to transform the state.
Speaking at the meeting of between the investors and officials of
the state government, Captain Idris Wada commended the delegation of investors
for their interest and commitment to invest in key sectors of the state's
economy.
The Governor assured that the state government will provide all
necessary support required by the investors to facilitate the take-off of
investment in their areas of interest.
He urged members of the syndicate group and experts involved in
exchange of ideas with Annointed Holding Group to set a clear path and assist
with their expertise to enable the government and the investors deliver on the
terms of the Memorandum of Understanding in good time.
Addressing officials of the state government, the leader of the
delegation, Mr. Nduka Duke said Annointed Holding plans to invest up to 700
Million Dollars in Mining, Housing, Agriculture and Tourism development.
He commended Captain Idris Wada for providing enabling environment
for investment in the state, adding that the Governor's humane disposition and
integrity provides further impetus for investors.
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