A Tanzanian based firm, Export Trading Group (ETG) has disclosed its intention to build a 50 million dollar fruits juice factory in Benue state Nigeria.
Mr. Sanjay Sethi, Chief Executive Officer of ETG, stated this when he led a delegation of the company to the Minister of State for Industry, Trade and Investment, Dr. Samuel Ortom, in Abuja.
Sethi said the management of the firm was in Nigeria to find a suitable location for the setting up of the company.
He said that when operational, the company would make use of local products such as orange, mango and pineapple to turn them into citrus products.
“We will also explore other areas of the citrus .We can also make citrus fibre. Apart from this, we believe that we can process and create made-in-Nigeria brand of citrus.
“We have a commitment to set up a 50 million dollar investment in Nigeria for processing of fruits. We intend to set up this factory in Benue,” he said.
The CEO said the choice of Benue was because of the availability of fruits in the area.
“We need a peaceful investment environment in Nigeria and we have found it, especially in Benue”.
“In our mission, what we heard about Nigerians is different from what we are seeing.
“Nigerians are hard working people. They have the bond, the enthusiasm, the energy, the positive attitude, the natural talent to business; they are the best set of people”.
The minister, in his response assured the delegation of government’s support, adding that the present administration in the country has created environment conducive for investment to thrive.
Ortom said that Nigeria has comparative and competitive advantages because of its natural endowment, pointing out that the concern of government was to add value to what was produced from the farm.
Source: AllAfrica.com