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Home Finance | Insurance | Pension

BIPC MD Lists Investments Priority Areas

Chris AGABI by Chris AGABI
December 20, 2023
in Finance | Insurance | Pension, Top News
Reading Time: 1 min read
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Gov Alia Appoints Asemekaha BIPC MD
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The Managing Director of Benue Investment and Property Company Limited (BIPC), Dr. Raymond Asemakaha has listed priority areas of investment drive leveraging the outcomes of the recently held Benue Local Investors Forum (BELIF).

The priority areas according to him include; the economies of Rivers Benue and Katsina-Ala, fruit juice production, fish farming, dry-season farming, and vegetable farming. Others include; investments in power projects utilizing gas turbines, agricultural commodities, the extraction of sharp sand, and the exploration of other natural resources.

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He disclosed this during a meeting on Wednesday in Abuja with the representatives from the Benue Chambers of Commerce, Industry, Mines, and Agriculture (BECCIMA) and the Nigerian Association of Small-Scale Industrialists (NASSI).

The purpose of the meeting was to identify key businesses in which investors can invest.

Dr. Asemakaha emphasized that these critical sectors of the economy present huge investment opportunities and good returns on investments.

Levi Or’Bem Yakubu, the state president of BECCIMA, presented a grant proposal of $87 billion in potential investment opportunities to Dr. Asemakaha.

He urged the new government to seize various opportunities for the development of the state.

Mrs. Gladys Shaalu, the state chairperson of NASSI, expressed gratitude to the new management for their efforts to rejuvenate the state’s economic sector.

She highlighted the challenges faced by small-scale industrialists operating in the state and appealed for crucial interventions to support their businesses.

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