Agribusiness: Firm set to unlock estimated over $80bn South West GDP, agric potential vanguardngr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vanguardngr.com Daily Mail and Mail on Sunday newspapers.
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The Odua Investment Company Limited has said the Southwest Gross Domestic Product (GDP) is worth over $80 billion as the region has a population of 40 million people with the ability to create wealth through agriculture.
The organisation which birthed Southwest Agricultural Company Limited (SWAgCo) noted that the agricultural investment company would harness the untapped potential of agriculture in the region in order to create wealth, job opportunities and contribute to the nation’s GDP growth.
SWAgCo was invented to unlock agriculture and sub-optimised agribusiness value by transforming underinvested agribusiness opportunities within Nigeria into institutional-grade investment operations.
Meanwhile, in an effort to reposition SWAgCo, Odua group has appointed six new board members for a four-year term. The group said the development was part of a strategy to strengthen its corporate governance and repositioning the company.
NDDC: Akpabio denies giving $5million bribe to Malami
Mr Akpabio, who threatened to file a lawsuit over the report, said people who are uncomfortable with the NDDC forensic audit were behind the bribe story. 4 min read
The Minister of Niger Delta Affairs, Godswill Akpabio, has denied giving $5million bribe to the Attorney General of the Federation, Abubakar Malami and others to facilitate the appointment of a sole administrator for the
Mr Akpabio’s ministry supervises the commission.
The embattled NDDC sole administrator, Effiong Akwa, who hails from the same state – Akwa Ibom State – with Mr Akpabio, was appointed into a previous interim management as a replacement for the late director of finance, Ibanga Etang, who died of COVID-19.
Vanguard News
Alleged $5m Bribe to Malami: Akpabio threatens court action over fake News
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The Honourable Minister of Niger Delta Affairs, Senator Godswill Akpabio said his attention has been drawn to a piece of fake news which claimed that he paid $5 million bribe to the Attorney General and Minister of Justice, Abubakar Malami and others to secure the appointment of a Sole Administrator for the Niger Delta Development Commission (NDDC).
A statement made available to journalists by Anietie Ekong,Chief Press Secretary to the Honourable Minister of Niger Delta Affairs stated categorically that, “this is a piece of malicious concoction manufactured from the pit of hell by mischief -makers. It is a figment of the imagination of the author of the fake news. Senator Akpabio denies the story in its entirety. The authors of the fake news should be ready to back up their claim or face the full wrath of the law.”
Vanguard News
NDDC: Akpabio denies $5m bribery allegations
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By Chris Ochayi
The minister of Niger Delta Affairs, Senator Godswill Akpabio, Sunday, denied the allegations that he paid the Attorney General and Minister of Justice, Abubakar Malami the sum of $5 million to secure the appointment of a sole administrator for Niger Delta Development Commission, NDDC.
Senator Akpabio, who denied the allegations, which he described as fake news, in a statement issued by Mr. Anietie Ekong, his Chief Press Secretary, in Abuja, however, threatened that the purveyors of the fake news will face the full wrath of the law.
The minister urged the general public to discountenance the piece of trash, he said was manufactured from the pit of hell by mischief-makers.