Construction of N800m fertiliser plant commences in Kaduna
The facility is aimed at addressing the problem of fertilizer scarcity and providing employment for the teeming unemployed youth in the area. Speaking at the occasion, the Emir of Zazzau, Alhaji Shehu Idris, admonished investors to always invest in their community as their own contribution to development and ending unemployment in the country. He expressed […]
The facility is aimed at addressing the problem of fertilizer scarcity and providing employment for the teeming unemployed youth in the area.
Speaking at the occasion, the Emir of Zazzau, Alhaji Shehu Idris, admonished investors to always invest in their community as their own contribution to development and ending unemployment in the country.
He expressed dismay that many Nigerian investors make money from the country, but prefer to take wealth outside the shores of the country for investment, forgetting their own country, which contributed immensely to their development.
The fertilizer blending plant, which is expected to provide direct employment for over 70 skilled workers and about 2,500 manual workers, is expected to be completed by March 2014.
The emir said: “What we are witnessing today is a turnaround from what we usually know as our investors now find our country conducive for investment. This is as a result of the peace that we are witnessing and I will call on our people to maintain this peaceful coexistence.”
In his address, the Group Executive Chairman of MBS Merchants Limited, Dr. Falalu Bello, who is also Danmasanin Zazzau, disclosed that the factory was estimated to cost about N800 million, adding that, “it would provide employment to over 70 workers made up of factory operatives and about 2,500 manual workers, not to talk of distributors who will get the product to the final point.”
Meanwhile, Kaduna State Governor, Alhaji Mukhtar Ramalan Yero, who was represented at the occasion by the Commissioner of Commerce and Industry, Mr. Joshua Shekarau, called on investors to patronise Kaduna State, assuring them of safety of their investments.