FLOUR Mills of Nigeria, FMN, weekend, called on state governments to do all they could to ensure adequate protection of its investments from all forms of insecurity, in order to ensure increased investments nationwide.
Views: Visits 7 …reiterates commitment to National Sugar Master Plan By Johnbosco Agbakwuru FLOUR Mills of Nigeria, FMN, weekend, called on state governments to do all they could to ensure adequate protection of its investments from all forms of insecurity, in order to ensure increased investments nationwide. Already, the Flour Mills Nigeria said it is investing over $300 million in the establishment of a sugar manufacturing company in Nasarawa state to stimulate economic activities in the state and provide employment opportunities to the people of the state. Group Managing Director /CEO FMN, Mr. Omoboyede Olusanya, made the call during the signing of a Memorandum of Understanding, MoU, with Nassarawa State Government, following its acquisition of 20,450 hectares of land to build a sugar company in Toto Local Government Area of the state.
The Nasarawa State Government and Flour Mills of Nigeria have signed a Memorandum of Understanding (MoU) for a $300million investment in sugar production. Under the MoU, the state leased 20,450 hectares of land to Flour Mills of Nigeria for 50 years, during which the company is expected to ramp up the Backward Integration Plan (BIP) […]
Sugar sector and Nigeria s unemployment crisis tribuneonlineng.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribuneonlineng.com Daily Mail and Mail on Sunday newspapers.
According to the National Bureau of Statistics (NBS), Nigeria’s unemployment figure currently stands at 33.3 per cent making her the highest on a global list of countries. Without mincing words, this is indeed a very depressing, disturbing and an alarming piece of information that should bother any discerning mind and whoever is interested in the […]