Executive Secretary, Nigerian Investment Promotion Commission, NIPC, Mrs. Uju Aisha Hassan Baba has disclosed that a Polish based company, Agro Machine has concluded plans to partner some indigenous companies, Sleek Group Limited and Shebag Holdings Limited to set up an Agricultural Manufacturing factory in the country.
Baba, who stated this while receiving a delegation from polish Monday in Abuja, said initial take-off value of the factory to be sited in Kaduna is $3 million with the growth expected to raise up to $200 million at the production stage.
She said the Kaduna Stage Government has already provided land where the factory is to be sited and will commence production of mechanized Agricultural implements to grow the Agricultural Sector and its value chain in the country.
The executive secretary, who was represented by by the Director of Real Sector Department, Mr. Reuben Kifasi noted that the diversification policy of the nation’s economy is gaining momentum with the smooth take – off of the factory in the country as it will lead to the acquisition of mechanized farming tools which will in turn increase the Agricultural production in the country.
She said the commission is facilitating the investment into the country and is providing all the necessary support and services including hand-holding for the early and successful take-off of the factory in Kaduna.
Adding that the federal Government policy’s on diversification of the economy from Oil to Non-Oil Sectors may have begun to yield fruitful results as
He maintained that Agricultural Sector is considered a priority in the diversification programme of the present administration as it is the highest employer of labour and its value chain is enormous and therefore commended the team for investing in the “Critical Sector which has direct impact on the economy”.
He promised the Commission’s readiness to support and provide them will all the necessary support and assistance including the facilitation of all permits, certificate and registrations to enable the early take-off of the factory in Nigeria.
Earlier the leader of delegation and the Nigerian counterpart, Mr. Sheriff Balogun described his partners as very reliable and committed to setting up the factory as all necessary arrangements have been put in place, adding that “it is our expectation that the Factory will take-off before the end of this year”.
He noted with satisfaction the role of NIPC towards the successful take-off of the factory and solicited for more support, stressing that they are committed to promoting the Agricultural Sector in the country.
He further disclosed that a “Training Centre” will be set up within the factory to aid the transfer of technology to Nigerians”.

READ ALSO  Most fake products in Nigeria not imported from China, CNCC claims