El-Rufai, CBN gov launch $120 million potato processing plant in Kaduna

From left, Central Bank governor, Mr Godwin Emefiele; Kaduna State governor, Mallam Nasir el-Rufai; his deputy, Barnabas Bantex and Minister of State for Industry, Trade and Investment, Mrs Aisha Abubakar, during the ground-breaking for Vicampro Potato Farm and Processing Facility, in Manchok, Kaduna State, on Saturday. PHOTO: NAN

Governor Nasir el-Rufai of Kaduna State and the  Central Bank governor, Godwin Emefiele, have kicked-off the construction of  the $120 million Vicampro Potato Farm and Processing facility in Manchok, Kaura Local Government Area of the state.

The potato plant is expected to cover 10,000 hectares of land and generate 30,000 jobs.

El-Rufai said the plant would open Kaduna to business and investment world.

According to him, it is for this reason that the state government was working with the House of Assembly pass a bill that will lead to the  establishment of the Kaduna State Investment Promotion Agency (KADIPA), which  will coordinate all business  activities towards attracting and promoting investment in the state.

Also speaking at the event, Emefiele, lamented the drop in oil prices, which he said had drastically affected the country’s economy.

Emefiele assured the people that the bank would collaborate with the state government to translate the idea  of economic diversification into reality for the benefit of all.