THAI COMPANIES TO INVEST $400M IN AGRICULTURE IN ANAMBRA

Thai Borneo Energy Ltd, Thailand,and  Anambra Government are collaborating to attract agricultural investment projects worth up to 400 million dollars to the state.

The Managing Director, Anambra State Investment Promotion and Protection Agency (ANSIPPA)Mr Billy Ekwunife made  this known  to the press after a meeting with the business group and others in Awka.
Ekwunife stated that the main focus of the investors was massive farming and production of rice and oil oil palm for both  local consumption and for  export.
“The state government will provide the land and some other logistics for the investment, while Thai Borneo Energy Ltd will finance the project through their partners, the Bukham Group. Their rice specie is quite different from the rice we have in the country, which will be harvested three times a year. The oil palm tree to be introduced is three times better than what is obtainable in Nigeria,” he said.
Ekwunife cited that the investment will create jobs for unemployed youths when realized and will help to boost rice production in line with the state government’s desire to produce 320, 000 metric tons annually . He stressed that communities where the project would be sited would also benefit from the power project to be put in place.
However, Ekwunife, who expressed satisfaction with the outcome of the meeting, said a final agreement would be reached with the investors at a later date.

Comments

Post a Comment

Popular posts from this blog

HOW TO PRODUCE BIO FERTILISER USING RABBIT URINE

Image
This is a great Agricultural business idea that can turn your waste to a lot of Fortune and fetch you extra money .To produce this fertiliser is very easy. The Rabbit’s urine is put into a 25 litre container and mixed with 500 ml drops of sugar fluid, 240 ml of EM4 (bacterial decomposition), and also add one litre of water of thick rice washing( If you wash broken rice with water,the resulting suspension which is milky suspension is the rice washing ) or 100g of corn starch in one litre of water, corn starch mixture to help feed the micro-organisms..Then seal the container , but the lid is perforated and attached with a hose.In order for the fluid of fertiliser fermentation to remain sterile, the hose is dipped into a bottle filled with water.The fluid of fermented urine should be stirred at least once a week to dissolve evenly and not precipitate.After three weeks,this liquid will change its colour and smell.The colour will change to black, and smells like wine, not urine smell anymo
Read more

HEALTH AND MEDICINAL BENEFITS OF GARLIC

Image
1. Garlic Contains a Compound Called Allicin, Which Has Potent Medicinal Properties Garlic is a plant in the Allium (onion) family. It is closely related to onions, shallots and leeks. It grows in many parts of the world and is a popular ingredient in cooking due to its strong smell and delicious taste. However, throughout ancient history, the main use of garlic was for its health and medicinal properties . The entire “head” is called a garlic bulb, while each segment is called a clove. There are about 10-20 cloves in a single bulb, give or take. We now know that most of the health effects are caused by one of the sulfur compounds formed when a garlic clove is chopped, crushed or chewed. This compound is known as allicin , and is also responsible for the distinct garlic smell. Allicin enters the body from the digestive tract and travels all over the body, where it exerts its potent biological effects (which we’ll get to in a bit). 2. Garlic Is Highly Nutritious, But Has Very
Read more

AMAZING FACTS ABOUT MAIZE

Image
Maize or corn is the third important cereal cash crop in India after wheat and rice. It is a Kharif crop and needs a generous rainfall for its growth. The optimum temperature for growth of maize is 22-30 degree Celsius but it can also tolerate temperature up to 35 degree Celsius. Corn has many health benefits. It - •    cuts the risk of heart diseases as it helps in reducing bad cholesterol in our body •    contains a lot of fibre and thus improves digestion •    keeps eyes healthy •    helps control Alzheimer’s disease •    helps fight cancer and makes our immune system strong •    keeps our skin and hair healthy A large part of corn produced is consumed by poultry. Corn flour, baby corn, sweet corn and pop corn are various forms in which maize is consumed by human population. Corn also makes good fodder for animals. Corn serves as a raw material for various industries: •    Almost one-tenth of total maize production goes in th
Read more