Business A.M
No Result
View All Result
Friday, March 27, 2026
  • Login
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
Subscribe
Business A.M
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
No Result
View All Result
Business A.M
No Result
View All Result
Home Frontpage

Special agric zones to attract $4bn investments – NGF

by Businessam Staff
July 29, 2025
in Frontpage

The Nigeria Governors’ Forum (NGF) has said that the establishment of Special Agro-processing Zones (SAPZs) in Nigeria has the potential of attracting between one to four billion dollars investments into the country.

The Chairman of the forum and Governor of Ekiti, Kayode Fayemi, disclosed this while briefing reporters after the forum’s 4th meeting on Wednesday in Abuja.

Fayemi explained that all states were potential beneficiaries of the SAPZs initiative, which would bring together the farming and the processing community.

“The Forum was briefed by its deputy Chairman, Gov. Aminu Tambuwal of Sokoto state on the meeting between the Forum and the AfDB. The officials came in company of existing and potential Chinese investors in Nigeria.

“The meeting was part of a series of high-level engagements driven by the AfDB to promote the establishment of SAPZs in Nigeria.

“This SAPZs which will bring together the farming and the processing community have the potential of attracting about one billion dollars from the AfDB and up to 4 billion dollars with the entry of private sector investors.”

Fayemi said that the governors already agreed with AfDB that a tasks desk for the initiative would be at NGF Secretariat to coordinate interest expressed from various states.

On the issue of health, he said that members of the forum resolved to continue to support the actualisation of universal health coverage in Nigeria.

This according to him followed update from the NGF Secretariat on Basic Health Care Fund (BHCF), State Health Insurance Agency and the fact that Nigeria had been polio-free for three years and on the verge of being certified polio free.

“The governors expressed willingness to prioritize routine immunization coverage in the States which will ensure that Nigeria is declared polio free and ensure sustainability moving forward.”

Asked of the governors’ decision on the Nigerian Financial Intelligence Unit (NFIU) directive on local government funds, Mr Fayemi said the governors were exploring available means to settle the matter.

“NFIU is a matter that is on our agenda consistently, but as you may be aware we are also in court.

“We are exploring all other initiatives in order to ensure that we come to a clear conclusion on NFIU matter.”

Businessam Staff
Businessam Staff
Previous Post

African LNG to attract $103bn in 2019, says report

Next Post

IMF seeks to remove age limit for managing director position

Next Post

IMF seeks to remove age limit for managing director position

  • Trending
  • Comments
  • Latest
Igbobi alumni raise over N1bn in one week as private capital fills education gap

Igbobi alumni raise over N1bn in one week as private capital fills education gap

February 11, 2026

CBN to issue N1.5bn loan for youth led agric expansion in Plateau

July 29, 2025

How UNESCO got it wrong in Africa

May 30, 2017

Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

November 20, 2017

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

Geometric Power suffers first blackout in 60 days amid gas disruption

Nigeria energy deficit: Nnaji, Geometric Power founder, asks FG to go back to PPAs

March 27, 2026
Google advances Search with multimodal AI expansion across global markets

Google advances Search with multimodal AI expansion across global markets

March 27, 2026
Pepsodent targets 50 million Nigerians in nationwide oral health campaign 

Pepsodent targets 50 million Nigerians in nationwide oral health campaign 

March 27, 2026
Africa defies global private capital downturn with 8% deal growth in 2025

Africa defies global private capital downturn with 8% deal growth in 2025

March 27, 2026

Popular News

  • Igbobi alumni raise over N1bn in one week as private capital fills education gap

    Igbobi alumni raise over N1bn in one week as private capital fills education gap

    0 shares
    Share 0 Tweet 0
  • CBN to issue N1.5bn loan for youth led agric expansion in Plateau

    0 shares
    Share 0 Tweet 0
  • How UNESCO got it wrong in Africa

    0 shares
    Share 0 Tweet 0
  • Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

    0 shares
    Share 0 Tweet 0
  • Insurance-fuelled rally pushes NGX to record high

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

Geometric Power suffers first blackout in 60 days amid gas disruption

Nigeria energy deficit: Nnaji, Geometric Power founder, asks FG to go back to PPAs

March 27, 2026
Google advances Search with multimodal AI expansion across global markets

Google advances Search with multimodal AI expansion across global markets

March 27, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

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

Log In
No Result
View All Result
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us

© 2026 Business A.M