Kogi State government has attracted investment benefit of $700 million from a US-based investment group, Anointed Holdings.
Governor Idris Wada revealed this yesterday after a meeting between the delegation of the investments Group and the state government at Government House, Lokoja.
The governor said there had been fruitful discussion between the state government and the company which presented its areas of interest to members of the State Executive Council and syndicate group of experts.
Wada said his determination to make the state attractive to local and foreign investors was in view of his determination to transform the state.
He commended the delegation of investors for their interest and commitment to invest in key sectors of the state’s economy, assuring that the state government would provide all necessary support required to facilitate the take-off of investment in their areas of interest.
He also urged members of the syndicate group and experts involved in exchange of ideas with Anointed Holding Group to set a clear path and assist with their expertise to enable the government and investors deliver on the terms of the Memorandum of Understanding, MoU, in good time.
Leaders of the delegation, Mr. Nduka Duke, said Anointed Holdings, had plans to invest up to $700 million in Mining, Housing, Agriculture and Tourism development.
Duke, who commended the state governor for providing enabling environment for investment in the state, said the governor’s humane disposition and integrity provided further impetus for investors.
