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.