Ebonyi Seals Multi-Million Cotton, Agro Deal with China

Date:

Ebonyi State is set to boost its agricultural and industrial profile following the approval of a partnership with Allallinfo Group AD, a Chinese firm, to invest in cotton production and agro-industries.

The deal includes the temporary allocation of part of Ezzamgbo Veterinary School for cotton farms and related agro projects. In return, the Chinese group will provide funding, equipment, agro plants, and access to global markets for Ebonyi cotton.

According to officials, the move positions Ebonyi for Federal Government recognition as a cotton-producing state, a status that could unlock additional funding and interventions for local farmers.

Governor Francis Nwifuru’s administration has repeatedly emphasized the importance of diversifying the state’s economy. This partnership, stakeholders say, could create jobs, open export opportunities, and strengthen Ebonyi’s agricultural base beyond rice production.

Stay updated with Ebonyi News Network for real-time reports, in-depth analysis, and exclusive coverage of policies shaping Ebonyi State.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

spot_imgspot_imgspot_imgspot_img

Popular

More like this
Related

Governor Nwifuru Provides 31 Operational Vehicles to Security Agencies in Ebonyi

Ebonyi State Governor, Francis Ogbonna Nwifuru, has donated 31...

Abakaliki–Afikpo–Ndibe Beach Trans-Sahara Highway Dualisation to Boost Nigeria’s Economy — Umahi

The Minister of Works, David Umahi, has described the...

Ebonyi State Government Orders Residents to Vacate Power Transmission Line Right-of-Way for 132KV Project

The Ebonyi State Government has called on residents, farmers,...

Ebonyi 2027: Ifeanyi Odii Has Capacity to Transform Ebonyi State, Says Solomon Aguene

A former President of Ohanaeze Ndigbo in Lagos State,...