The Federal Government has welcomed the renewed multi-million-dollar investment plans of Africa’s agribusiness giant, Export Trading Group, with Vice President Kashim Shettima assuring the conglomerate of full support and security for its operations across Nigeria. Shettima gave the commitment yesterday in Abuja while receiving a delegation led by the group’s Global Chief Operating Officer, Niren Murugan.
He said ETG’s expanded investments, projected to generate more than six thousand jobs, signal rising international confidence in the economic reforms of the current administration. The Vice President described the company’s renewed interest in agro-logistics, seed production, industrial processing, and fertilizer systems as timely and in alignment with the goals of the government’s Renewed Hope Agenda. He noted that Nigeria’s population and resource endowment provide the ideal market for high-impact investments in agriculture, especially those that improve productivity for farmers, processors, and small businesses along the value chain.
The Vice President commended ETG’s proposed Centres of Agro-Excellence and its ongoing interventions in seed development, fertilizer blending, oil processing, and extension services. He urged the company to take full advantage of opportunities across the states to expand its footprint and support national food security objectives.
Murugan said the group aims to deepen its investment presence, strengthen collaboration with government institutions, and reinforce its long-term commitment to Nigeria’s agricultural transformation. He disclosed that ETG’s upgraded oil processing facility in Sagamu, Ogun State, would begin operations in the second quarter of 2026, while new investments are planned in fertilizer blending, seed production, and integrated agro-logistics. He added that the planned Centres of Agro-Excellence in Kaduna, Ebonyi, Cross River, Ekiti, Jigawa, Nasarawa, and Borno States will serve as regional hubs for mechanization, storage, input distribution, and primary processing.
Cross River State Governor, Senator Bassey Otu, who attended the meeting, expressed the state’s readiness to partner with ETG to unlock its agricultural potential. He said ongoing reforms were positioning Cross River as a competitive economic hub, adding that the state has the land, resources and policy environment required to support large-scale agribusiness investments. He also highlighted opportunities in port development, including the Bakassi Deep Seaport and Calabar Port revival efforts.
Other officials present included ETG’s Business Manager in Nigeria, Ogu Goodluck; Senior Business Development Manager, Bharat Shinde; and the group’s Chief Financial Officer, Amin Ahmad.
