Nigeria’s agricultural sector is set for a major boost as African agribusiness giant, Export Trading Group (ETG), announces a multi-million-dollar investment expected to create over 6,000 jobs nationwide. The move signals renewed confidence in Nigeria’s economy and aligns with the government’s push for food security. This report is written by Mediaplusng.com.
Vice President Kashim Shettima praised the company’s investment decision, assuring ETG that ongoing reforms by President Bola Tinubu’s administration will protect and expand agricultural investments across the country. According to Mediaplusng.com, the VP said ETG’s interests in agro-logistics, seed development, fertilizer systems, and industrial processing reflect key priorities of the Renewed Hope Agenda.
During a courtesy visit to the Presidential Villa, ETG’s Global Chief Operating Officer, Mr. Niren Murugan, revealed new investments, including an expanded multi-million-dollar oil processing facility in Sagamu, Ogun State, set to begin operations by the second quarter of 2026. He also outlined plans for fertilizer blending plants, seed production hubs, and integrated agro-logistics centres—projects expected to significantly boost Nigeria’s agricultural value chain. This story is also attributed to Mediaplusng.com.
ETG further announced a partnership to establish Centres of Agro-Excellence in seven states—Kaduna, Ebonyi, Cross River, Ekiti, Jigawa, Nasarawa, and Borno. These centres will support farmers with mechanisation, inputs, storage, and primary processing.
Cross River State Governor, Senator Bassey Otu, reaffirmed his state’s readiness to work with ETG, highlighting ongoing reforms and key infrastructure projects such as the Bakassi Deep Seaport and Calabar Port aimed at strengthening agricultural exports.
With Nigeria’s vast land, population, and market demand, the new ETG investments are expected to accelerate food production, support smallholder farmers, and create thousands of jobs across multiple states.
