Anambra records $5m vegetable exports to Europe

Hamilton Nwosa
Writer

Ad

$4.5bn: Court Admits More Evidence Against Emefiele

Justice Rahman Oshodi of the Special Offences Court sitting in Ikeja, Lagos, on October 9,2025, admitted more evidence against a former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, in an alleged $4.5bn fraud. Emefiele is standing trial on a 19-count charge bordering on receiving gratification and corrupt demand preferred against him by…

NEITI Warns of Deepening Transparency Crisis, Says Nigeria Lost $3.3bn to Oil theft, Sabotage

By Obinna Uballa Nigeria lost an estimated 13.5 million barrels of crude oil valued at $3.3 billion to theft and pipeline sabotage between 2023 and 2024, the Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed. Executive Secretary of NEITI, Dr. Ogbonnaya Orji, disclosed this on Thursday at the 2025 Association of Energy Correspondents of Nigeria…

Oil Eases over 1.5% after Gaza ceasefire

Summary Israel and Hamas agree to Gaza ceasefire, return of hostages US oil product supplied highest since December 2022, EIA says Stalled peace talks in Ukraine underpin prices Oil prices edged slightly lower on Thursday after Israel and the Palestinian militant group Hamas signed an agreement to cease fire in Gaza. Brent crude futures were…

Ad

In a bid to underscore the importance of diversifying the economy andĀ  attracting more industries to Anambra state governor Chief Willy Obiano has confirmed that theĀ  concise Economic Blueprint, made up of The Four Pillars of Development; including Agriculture, Industrialization, Trade and Commerce and Oil and Gas he developed on assumption of office has started yielding dividends.

The governor who spoke in Abuja in an interactive session he had with the People of Anambra living in the North central part of the country at the Transcorp Hilton stated that the state is now a socially stable, business-friendly environment attracting both indigenes and foreigners to seek wealth-creating opportunities.

To this end, he told the audience which included the Obi of Onitsha, Igwe Alfred Achebe, Dr Oby Ezekwesili both PDP and APC members of the National Assembly, former Governor Chinweoke Mbadinuju and several others that Anambra State Investment Agency, ANSIPPA, charged with the mandate of attracting and fast-tracking investments in the state has so far attracted over $4.2 billion deals to the state.

The latest investment he confirmed was sealed on Tuesday last week with Zolt Energy Limited to build a 40 megawatts Embedded Power Generating Plant in Ogbaru. When completed in the next 18 months as scheduled, all the power generated from it will be distributed mainly in Anambra State. On the state of agriculture, Obiano who was giving a score card of his two and half years stay in office disclosed that ā€œin January this year, Anambra made headlines when it became the first state in Nigeria to export vegetables (Ugu and Onugbu) valued at $5million to Europe. At the same time, our locally produced brand of rice known as Anambra Rice recently emerged the Best Rice in Africa at an African Products Forum in Lagos. Anambra Rice was adjudged better and more wholesome than other competing brands from South Africa, Egypt, Ghana, Morocco, Namibia and Cameroon.ā€ Our agricultural sector has also attracted investments from 7 companies valued at $1.011bn while the large industrial farms have pushed our local rice production from 90,000 metric tons to 210,000 metric tons.

At this rate, we shall soon surpass the 320,000 metric tons we consume in Anambra State per annumā€ Obiano told the capacity crowd at the Congress Hall that the Oil and Gas Advisory Committee headed by Dr. Emmanuel Egboga, the former Special Adviser to the President on Petroleum Matters has been charged with drafting a comprehensive Blueprint for the Oil & Gas sector and advising the State on the necessary steps that would ensure the recognition of Anambra as the 10th Oil Producing State in Nigeria.

 

Ad

Unlocking Opportunities in the Gulf of Guinea during UNGA80
X whatsapp