US Business Group Plans N100bn Investment In Kogi

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Kogi State is to receive investment worth over N100 billion from a US-based investment group, Anointed Holdings.
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Kogi State commissioner for Information, Hajiya Zainab Suleiman Okino disclosed this after a meeting between the delegation of Anointed Holding Group and the Kogi state government at the government house in Lokoja.

The Commissioner who noted that the group of investors had a fruitful discussion with the State Governor, Captain Idris Wada before presenting their areas of interest to members of the state executive council and syndicate group of experts, said the administration of Captain Idris Wada has made Kogi State attractive to local and foreign investors in his determination to transform the state.

Speaking at the meeting of between the investors and officials of the state government, Captain Idris Wada commended the delegation of investors for their interest and commitment to invest in key sectors of the state’s economy.

The Governor assured that the state government will provide all necessary support required by the investors to facilitate the take-off of investment in their areas of interest.

He urged members of the syndicate group and experts involved in exchange of ideas with Anointed Holding Group to set a clear path and assist with their expertise to enable the government and the investors deliver on the terms of the Memorandum of Understanding in good time.

Addressing officials of the state government, the leader of the delegation, Mr Nduka Duke said Anointed Holding plans to invest up to $700 million in Mining, Housing, Agriculture and Tourism development.

He commended Captain Idris Wada for providing enabling environment for investment in the state, adding that the Governor’s humane disposition and integrity provides further impetus for investors.

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