• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Sectors Agriculture

FG, Ogun strengthen business growth, Launch $12 million agrochemical plant 

Emem Udoh by Emem Udoh
January 30, 2025
in Agriculture, Sectors
FG, Ogun strengthen business growth, Launch $12 million agrochemical plant 
Share on FacebookShare on TwitterShare on Linkedin

The Federal Government and Ogun State have strengthened their commitment to improving the ease of doing business with the launch of the $12 million Springfield Agro Limited Crops Protection Chemical Plant.

This investment highlights the ongoing efforts to create a conducive environment for industrial growth and economic development.

Vice-President Kashim Shettima, represented at the launch by the Minister of State for Agriculture, Sabi Abdullahi, pointed out the importance of expanding industrial capacity across the agricultural value chain to strengthen food security in Nigeria.

RelatedStories

New Nigeria-UAE BASA unlocks full UAE Airport access for Nigerian airlines – Festus Keyamo 

FG approves long-awaited pensions for retired workers of defunct Nigeria Airways 

July 23, 2025
Doctors

FG suspends doctors’ allowance circulars, cites need for further consultation 

July 22, 2025

“This significant investment, worth $12 million, is a testament to the government’s efforts to create a conducive environment for businesses to thrive,” NAN report read in part.

Shettima further stressed that achieving lasting peace depends not only on the government’s efforts through strong initiatives but also on the ambition and dedication of the private sector to support and complement these efforts.

“The guarantee of food security in Nigeria lies in our ability to expand industrial capacity across the value chain. 

“We cannot achieve peace unless the robust committees we roll out as a government are complemented by the ambition and commitment of the private sector” he stated.

According to the vice president, the commissioning of the agrochemical plant aligns with the government’s agenda to combat hunger and enhance national food security.

More insights 

The governor of Ogun state, Adedapo Abiodun was represented by Deputy Governor Mrs Noimot Salako-Oyedele.

  • The governor stated that the event highlights Ogun State’s progress in creating a conducive environment for industries to thrive.
  • Abiodun further noted that by enhancing inputs, promoting mechanization, and strengthening extension services, the government has strategically positioned the state to boost agricultural productivity, lower the cost of staple foods, and achieve food security.

“By improving inputs, mechanization, and extension services, our government has positioned our state to drive higher agricultural productivity, reduce the cost of stable foods, and achieve food security,” he stated.

The governor emphasized that the inclusion of a CSR hospital in the project would enhance healthcare access for the local community while reaffirming the government’s commitment to providing infrastructure, policies, and incentives to attract investments that drive economic growth.

Chairman of Kewalram Chenrai Group, Mr. Narain Chanrai, stated that the agrochemical plant will produce herbicides, insecticides, and bottles, creating 300 to 500 direct and indirect employment opportunities.


Follow us for Breaking News and Market Intelligence.
Tags: agrochemical plantFederal GovernmentOgun
Emem Udoh

Emem Udoh

Related Posts

New Nigeria-UAE BASA unlocks full UAE Airport access for Nigerian airlines – Festus Keyamo 
Aviation

FG approves long-awaited pensions for retired workers of defunct Nigeria Airways 

July 23, 2025
Doctors
Health

FG suspends doctors’ allowance circulars, cites need for further consultation 

July 22, 2025
Musa Dangiwa,
Business News

FG to pilot 6-month training for 3,000 artisans in 10 construction trades across 3 states  

July 13, 2025
Food items,
Economy

Top 10 Nigerian states with highest food inflation in May 2025, Borno tops the chart 

June 19, 2025
FG hits 42% completion on Abuja-Keffi Road expansion, sets June 2026 deadline 
Real Estate and Construction

FG hits 42% completion on Abuja-Keffi Road expansion, sets June 2026 deadline 

May 11, 2025
FG promises to pay backlog of delayed N77,000 NYSC allowance
Education

FG promises to pay backlog of delayed N77,000 NYSC allowance

March 25, 2025
Next Post
FG is launching an intervention program for Large, Medium Scale Enterprises 

Nigeria not worried by Donald Trump’s policies - Jumoke Oduwole 

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

first bank








DUNS

Recent News

  • EU’s €18million grant for vaccine research set to begin implementation in Nigeria – NIPRD 
  • States back Enugu regulator’s decision to slash Band A electricity tariff despite GenCos’ backlash 
  • RECB holds Annual General Meeting, charts new course for cooperative growth

Follow us on social media:

Recent News

EU faces widening skilled labor shortage, looks to recruit foreign workers

EU’s €18million grant for vaccine research set to begin implementation in Nigeria – NIPRD 

July 23, 2025
TCN restores bulk power supply to Eko, Ikeja DisCos after repairs on 330kV line

States back Enugu regulator’s decision to slash Band A electricity tariff despite GenCos’ backlash 

July 23, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics