Folio Holdings, Anambra Government Signs MoU for N60bn Agricultural Project

Anambra State Governor, Chief Willie Obiano

In what can be regarded as a positive development with the attendant creation of jobs, Folio Holdings Limited, on Thursday, signed a Memorandum of Understanding (MoU) with the Anambra State Government for the establishment of a 4,000 hectares of commercial agriculture project valued at N60billion.

The project, which will be sited in Awba – Ofemili, Awka North Local Government Area, Anambra State is in partnership with Triton Aqua Africa Limited, Alluvial Farm Nigeria Limited and Choice International Group. Anambra State Governor, Chief Willie Obiano, while signing the MoU on behalf of the state government, said that the state under his administration had promoted agricultural development to strengthen the economy and provide sufficient food and job security for the citizenry.

Obiano also disclosed that he had invested over N2billion in supporting farmers, saying that the state had over 500 cooperatives and had started recruitment of youths in various segment of the economy. The governor said, “We have started recruitment of youths, especially in agriculture to give them basic rudiment training in agriculture.

“Before my administration, the GDP of the state was N1.8trillion, but now it has grown to N3.9 trillion. From the record, my administration contributed N2.3trillion to the growth.” Obiano also urged the investors to ensure the smooth take-off of the project from the date of issuance of Certificate of Occupancy (C of O).

The governor, who assured investors of continuity in making the state business friendly, revealed that the state government had over 90,000 hectares of land in the land bank, ready for investment. Explaining, the Managing Director, Anambra State Investment Promotion and Protection Agency (ANSIPPA), Mr. JoeBilly Ekwunife, said the 4000 hectares agro allied farm which is for rice production, would include an agricultural training institute which is expected to have a three years development timeline. Ekwunife said that other benefits of the projects include creation of 800 direct and 4,500 indirect jobs and food sufficiency among others.

Earlier, the Chairman, Board of Directors of Folio Holdings Limited and Publisher of The Daily Times, Mr. Fidelis Anosike, said they were attracted to site the project in the state due to the numerous security measures put in place by the state government. Anosike said that the project, when fully operational, would project the state in good light, boost socio economic activities and create jobs for the youths.


Facebook Comments


  1. Pretty nice post. I just stumbled upon your blog and wanted to say that I ave truly enjoyed browsing your blog posts. After all I will be subscribing to your feed and I hope you write again very soon!

  2. I was recommended this web site by my cousin. I am not sure whether this post is written by him as no one else know such detailed about my difficulty. You are incredible! Thanks!

  3. Sites we recommend Nice blog here! Also your site loads up very fast! What web host are you using? Can I get your affiliate link to your host? I wish my site loaded up as fast as yours lol

  4. You can definitely see your skills in the work you write. The world hopes for even more passionate writers like you who are not afraid to say how they believe. Always go after your heart.

  5. Wow, wonderful weblog structure! How lengthy have you ever been running a blog for? you made blogging glance easy. The whole look of your site is fantastic, let alone the content!

  6. This awesome blog is without a doubt interesting and besides factual. I have discovered a lot of useful things out of this amazing blog. I ad love to come back again and again. Thanks a lot!

  7. My brother recommended I might like this website. He was entirely right. This post truly made my day. You cann at imagine simply how much time I had spent for this information! Thanks!

  8. You can certainly see your expertise within the work you write. The world hopes for even more passionate writers such as you who are not afraid to say how they believe. At all times follow your heart.

  9. AcuIs8 This awesome blog is really interesting and informative. I have discovered a lot of interesting stuff out of this amazing blog. I ad love to visit it every once in a while. Thanks a lot!

  10. YQs1gC Keep in the excellent function, I read few articles on this website along with I conceive your web blog is incredibly interesting and contains got companies of fantastic info.

  11. When I originally commented I clicked the “Notify me when new comments are added” checkbox and now each time a comment is added I get several e-mails with the same comment. Is there any way you can remove me from that service? Appreciate it!

  12. My spouse and I stumbled over here from a different page and thought I might as well check things out. I like what I see so i am just following you. Look forward to going over your web page again.

  13. Very nice info and right to the point. I am not sure if this is really the best place to ask but do you people have any thoughts on where to hire some professional writers? Thank you

  14. Just wish to say your article is as amazing. The clearness to your publish is simply cool and that i can think you’re an expert in this subject. Fine together with your permission allow me to grasp your feed to stay up to date with imminent post. Thank you 1,000,000 and please carry on the gratifying work.

  15. Our LGV (Large Goods Vehicle) HGV training is based in East London, and our LGV/ HGV courses are taught by qualified DVSA LGV & HGV trainers. LGV was formerly known as HGV, where it used to be referred to as HGV Class 2 (now called LGV Category C) and HGV class 1 (Now called LGV Category C+E).

  16. Thanks a lot for this awesome posting! I seriously enjoyed finding out about it.I’ll make certain to save this blog and will often come back later on. I wish to encourage you to keep going with your great work, possibly write about personal injury too, have a nice day!

  17. My spouse and I certainly enjoy your website and find almost all of your blogposts to be what precisely I’m searching for. Would you offer people to write material for you? I would not mind creating a piece of text about ethereum wallet or maybe on most of the topics you are writing about on this page. Again, awesome page!

  18. I’m definitely loving the theme of your weblog. Do you come across any browser interface problems? Quite a few of my own website visitors have complained concerning my canon printer driver website not working the right way in Explorer but appears amazing in Chrome. Do you have any suggestions to help fix that issue?

  19. This is really interesting, You are a very skilled blogger. I have joined your rss feed and look forward to seeking more of your fantastic post. Also, I ave shared your website in my social networks!

  20. This awesome blog is really awesome as well as diverting. I have picked helluva helpful advices out of this source. I ad love to come back again and again. Thanks a lot!

  21. You have remarked very interesting details ! ps nice internet site. аАа’аАТ‚аЂТ˜Tis a sharp medicine, but it will cure all that ails you. аАа’аАТ‚б‚Т€Т last words before his beheadding by Sir Walter Raleigh.

  22. Usually I do not learn post on blogs, but I wish to say that this write-up very pressured me to try and do it! Your writing taste has been amazed me. Thank you, very great article.

  23. Your style is really unique in comparison to other folks I have read stuff from. I appreciate you for posting when you ave got the opportunity, Guess I all just book mark this web site.

  24. I just arrived over here from some other web address on emergency dentist and thought I might as well look at this. I quite like what I see so now I”m following you. Getting excited about going over the blog again.

  25. Fantastic site you have here but I was curious about if you knew of any message boards that cover the same topics discussed in this article? I’d really love to be a part of community where I can get feed-back from other knowledgeable people that share the same interest. If you have any recommendations, please let me know. Cheers!

  26. I just want to mention I am just all new to weblog and honestly liked you’re website. More than likely I’m planning to bookmark your site . You really come with awesome articles and reviews. With thanks for sharing with us your blog.

  27. Normally I don at learn post on blogs, however I wish to say that this write-up very compelled me to take a look at and do it! Your writing taste has been surprised me. Thank you, quite great post.

  28. Wow! This can be one particular of the most beneficial blogs We ave ever arrive across on this subject. Actually Excellent. I am also a specialist in this topic therefore I can understand your effort.

  29. Faytech North America is a touch screen Manufacturer of both monitors and pcs. They specialize in the design, development, manufacturing and marketing of Capacitive touch screen, Resistive touch screen, Industrial touch screen, IP65 touch screen, touchscreen monitors and integrated touchscreen PCs. Contact them at, 121 Varick Street, New York, NY 10013, +1 646 205 3214

  30. Wow! This could be one particular of the most helpful blogs We ave ever arrive across on this subject. Actually Excellent. I am also an expert in this topic so I can understand your effort.