The Federal Government has welcomed the renewed multi-million-dollar investment commitment of Africa’s agribusiness giant, Export Trading Group (ETG), with Vice President Kashim Shettima assuring the conglomerate of full government backing for its expanding operations across Nigeria.
Speaking while receiving the ETG delegation led by the firm’s Global Chief Operating Officer, Niren Murugan, at the State House in Abuja, the Vice President said the company’s fresh investment drive expected to generate more than 6,000 jobs reflects the growing global confidence in President Bola Ahmed Tinubu’s economic reforms.
According to a statement by Stanley Nkwocha, Senior Special Assistant to the President on Media and Communications (Office of the Vice President), Shettima described ETG’s increasing interest in agro-logistics, fertilizer systems, seed development, and industrial processing as timely and aligned with the goals of the Renewed Hope Agenda.
“You have been in the country since 2010, but this time around, you have decided to play a more active role in Nigeria’s agricultural value chain. This is where the action is,” the Vice President said. “We have the population and abundance of resources for your investments to thrive. All your investment decisions are wonderful.”
Shettima praised the conglomerate’s proposed Centres of Agro-Excellence and its interventions in seed development, oil processing, and extension services. He urged the company to deepen collaboration with states, maximising the diverse opportunities across the country to scale food production and strengthen agricultural transformation.
Earlier, ETG Global COO Murugan said the group’s renewed mission in Nigeria is focused on reinforcing its investment footprint, strengthening government alignment, and expanding collaboration with both federal and state actors. He disclosed that the company’s expanded oil-processing facility in Sagamu, Ogun State, is scheduled to begin operations in the second quarter of 2026.
Murugan also announced new investments in fertilizer blending, seed production, and integrated agro-logistics, alongside partnerships to establish Centres of Agro-Excellence in Kaduna, Ebonyi, Cross River, Ekiti, Jigawa, Nasarawa, and Borno States. The centres, he explained, will function as regional hubs for input distribution, mechanisation, storage, and primary processing.
Cross River State Governor, Senator Bassey Otu, who participated in the meeting, affirmed the state’s readiness to partner with ETG to unlock its vast agricultural assets. He noted that ongoing reforms in the state are already shaping Cross River into a fast-emerging economic hub.
“We can match your vision end-to-end. We have the land, the mineral resources, and the enabling environment to make it happen,” he said, also highlighting opportunities linked to the Bakassi Deep Seaport project and the push to revive the Calabar Port.
Also present at the meeting were ETG’s Nigeria Business Manager, Ogu Goodluck; Senior Business Development Manager, Bharat Shinde; and Chief Financial Officer, Amin Ahmad.
