Yobe hands over 4 agro-industrial assets to NFC
The Yobe State Government has handed over four agro-industrial assets to the Nigeria Food Corporation (NFC) as part of efforts to revive moribund industries and boost agro-processing in the state. The assets include Yobe Flour & Feeds Mills Company Limited and Wheat Flour Global Mills Company Limited, both transferred by the Yobe Investment Company Limited; […]
The Yobe State Government has transferred four agro-industrial assets to the Nigeria Food Corporation (NFC) to revitalize dormant industries and promote agro-processing in the region. The assets, comprising Yobe Flour & Feeds Mills Company Limited, Wheat Flour Global Mills Company Limited, Yobe State Fertilizer Blending Company (Gujba Limited), and Damaturu Modern Abattoir, were handed over at a ceremony chaired by the Secretary to the Yobe State Government, Dr Mohammed Goje.
This transfer is part of Governor Mai Mala Buni's vision to position Yobe as a competitive agro-industrial hub, aiming to revive industrial assets, boost productivity, generate employment opportunities, and expand the state's revenue base. The Nigeria Food Corporation, established as a public-private partnership, was tasked with coordinating the rehabilitation, investment, and eventual full-scale operation of these assets.
The state government anticipates that the NFC will play a pivotal role in processing local raw materials, creating jobs, attracting investment, and increasing internally generated revenue.
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