Kogi Govt to partner groups willing to contribute to development

The Kogi State Government says it is ready to partner with individuals and groups who are willing to contribute to the development of the State.

Kogi State Governor, Capt. Idris Wada stated this when he received in audience a delegation from HOMAT International Merchant  Nigeria Limited, who are in the State to build, operate, transfer and maintain a fertilizer plant to be located in the state.

The Governor who was represented by his Deputy, Yomi Awoniyi, described the State as a State safe for investment, described the States strategic location and proximity to vital Agricultural stakeholders as what makes it an investment destination.

Capt Wada said the present administration has signed over 42 Memorandum of Understanding within the last three years, said the present administration has instilled confidence in the minds of investors, said the administration has transparency, due process and has been able to put in place mechanism that allows for quick return on investment for investors as incentives.

Capt Wada commended the investors for finding the State worthy to invest in and assured them of safety on their investment.

Earlier in his welcomes remarks, Mr. Adedayo Adeogi, the team leader of HOMAT International Merchant Nigeria Limited, said the organization plans to build a 400 tonnes per day fertilizer plant in the State, said their interest to collaborate and invest in Kogi State stems from their strong belief in the States rich Agricultural and other investment potentials.

The fertilizer plant, Mr. Adeogi, noted would provide 215 direct jobs, 1200 support services personnel and create over 4,000 jobs during its plants Construction, installation and pre commissioning.

The project cost for the fertilizer plant, Mr. Adeogi disclosed is put at $1.2 billion, would produce blended, mixed, granulated fertilizer.