Delta Gov. Injects N8bn Into Agro-industrial park project

Delta Gov. Injects N8bn Into Agro-industrial park project

 

Gov. Ifeanyi Okowa has injected N8 billion sourced from the Central Bank of Nigeria into the Agro-Industrial Park project in Aboh-Ogwashi in Aniocha South Local Government Area.

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Mr. Charles Aniagwu, the state Commissioner for Information, disclosed this on Tuesday while inspecting the project that the project partners were also coming in with their resources to fund and develop the park.

READ THIS: 4 Reasons Why Some Farmers Keep Smiling To The Bank

Aniagwu said, the agro-industrial park will be a catalyst for economic transformation, provide agro-processing value-chain services to farmers in the state being a strong commitment of Gov. Okowa’s administration to grow a Delta economy not dependent on oil.

“Delta has been known for oil but we have also said that this is the time to move beyond oil and that it is not going to be mere rhetoric. We have come here today to see for ourselves what we have done so far with respect to the Delta Agro-Industrial Park.

READ THIS: Agro-based SMEs get FG’s Four-year Tax Exemption

“We believe that by the time the park comes fully on stream, farmers within the environment and in different parts of the state will take advantage of the different factories and industries located in it for processing their produce.

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“Our people lose value of their produce because of lack of processing facilities and I am glad that this industrial park will bring in additional value for our farmers when completed and inaugurated,” he added.

The commissioner said that although companies were shutting down, people must still eat in the midst of the coronavirus pandemic that the government believed that the industrial park would be the next frontier for Delta as it would take Delta far from what it used to be.

The Chief Job Creation Officer, Delta State Bureau for Job Creation, Prof. Eric Eboh, said that the project was well conceived to provide a one-stop-shop solution for farmers and industrialists in the state that the essence of the project was to provide a safe operating space for agro-allied industries and factories to process agricultural raw materials into edible or finished products.

“Lack of processing facilities is one of the missing links in the agricultural value-chain, so it is expected that this Agro-Industrial Park will be a game changer for Delta. It is one of its kind in the country and it has great prospects for the turnaround of the agricultural economy of the state,’’

Eboh said that the park was a multi-purpose agro-industrial park which would accommodate agro-processing of different agricultural products whether root or tuber crops, grains and livestock.

READ THIS: See the Commissioner Honoured with an International Agricultural Award

“The benefits of the project have been validated by National and International Financing Organisations and we are confident that this project will stand the test of time even after Okowa’s exit as governor,” he added.

The Project Coordinator, Mr. Ran Yogev of Sequoia Group, disclosed that the site is 220 hectares and was selected because of its nearness to the Ogwashi-Uku Dam and the project was expected to be completed within 18 months.

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