Saturday, June 21, 2025
  • Share your story
  • About
  • Contact
Economy FootPrint
  • Home
  • News & Politics
  • Opinion
  • Finance & Economy
  • Aviation
  • Editorial
  • Transport & Blue Economy
  • Features | Analysis
  • Health | Environment
Economy FootPrint
Home Industry | Trade | Commerce

BIPC BEGINS CONSTRUCTION OF N800M BREWERY

EconomyFoot Print by EconomyFoot Print
July 1, 2024
in Industry | Trade | Commerce, News
Reading Time: 2 mins read
0
Asemakaha’s One Year of Deepening BIPC’s Investments, Income Portfolios
Share on FacebookShare on Twitter

By Chris Agabi

The Benue Investment and Property Company Limited (BIPC) has commenced the construction of its proposed brewery.
The brewery located at Akile village along the Makurdi-Gboko Road is worth about N800 million.


The brewery is conceived to tap from the about N870 million monthly beer market in Benue state and the over N2bn bear market from adjourning states of Nasarawa, Taraba, Kogi and Enugu states. This is to help the state retain cashflow within the state and attract new capital for neighbouring states.
The Managing Director of the company, Dr. Raymond Asemakaha-CFA, accompanied by management, inspected the progress of work at the factory on Monday, July 1, 2024, a statement from BIPC said.
During the inspection, Dr. Asemakaha expressed his desire to see the project completed on schedule and praised the efforts of the staff handling the project.

Related posts

MINISTRY OF ART, CULTURE, AND CREATIVE ECONOMY PRESENTS BUDGET PERFORMANCE REPORT TO NATIONAL ASSEMBLY

June 20, 2025
SanlamAllianz flags off 12-City Roadshow to Deepen Customer Engagement and Awareness

SanlamAllianz flags off 12-City Roadshow to Deepen Customer Engagement and Awareness

June 20, 2025


While encouraging Benue people to farm sorghum and casava, the Managing Director revealed that in the next 20 days the company will be inviting Benue citizens to test the proposed beer in five different locations across the state.
“This brewery, which is expected to be completed soon, will provide direct jobs for hundreds of youths; have a backward integration for thousands of Benue farmers, and contribute to the growth of the economy in line with the vision of His Excellency, Rev. Fr. Hyacinth Iormem Alia,” the MD added.


He was conducted around the company by the Department Head of Real Estate and Infrastructure, Arc. Jerry Iosun, and Project Programme Manager, Philip Zegejir, who provided updates on the progress of the work.
The construction of the brewery is a significant milestone in the development of Benue State and is expected to have a positive impact on the lives of the people.

Previous Post

Ease of Doing Business: PEBEC Says BIPC MD is Reform Champion

Next Post

NiMet Launches E-Learning Platform For Greater Collaboration And Global Opportunities

Next Post

NiMet Launches E-Learning Platform For Greater Collaboration And Global Opportunities

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Smile Communications’ Commitment to Education: Supporting Nigerian Schools

2 years ago

KEYAMO VOWS TO TACKLE ILLEGAL AIRCRAFT CHARTER OPERATIONS

4 months ago

UBA Dedicates 78% Working Capital Loans To Women Entrepreneurs

8 months ago

Acting COAS Condoles Late Lt. General Lagbaja’s Family

8 months ago

FOLLOW US

  • 86.2k Followers

BROWSE BY CATEGORIES

  • Aviation
  • Brands
  • Crime
  • Editorial
  • Features | Analysis
  • Finance | Insurance | Pension
  • Health | Environment
  • Industry | Trade | Commerce
  • International
  • Interview | Profile
  • News
  • Opinion
  • Politics
  • Small Business
  • Sports
  • Top News
  • Transport & Blue Economy
  • Uncategorized

BROWSE BY TOPICS

2023 Benue Budget Abuja-Kaduna Rail Access Corporation Access pension airports concession Aviation Ayu Benue Budget Benue Community Buhari Business CBN Central Bank Dana Air Economy FGPL Herdsmen Herdsmen attacks insecurity insurance Maritime Min of Transport MSMEs NAICOM NCAA Nigeria Nigeria -Cameroon Border Post Nigeria Air NRac Onne Port ooh Orrom Ortom PDP PenCom pension Railway Sambo Jaji Transcorp Transcorp Group Transcorp Hotels Plc UBA Ukohol Wike Wildon Ideva

BROWSE BY CATEGORIES

  • Aviation
  • Brands
  • Crime
  • Editorial
  • Features | Analysis
  • Finance | Insurance | Pension
  • Health | Environment
  • Industry | Trade | Commerce
  • International
  • Interview | Profile
  • News
  • Opinion
  • Politics
  • Small Business
  • Sports
  • Top News
  • Transport & Blue Economy
  • Uncategorized

Economy Footprint

The EconomyFootprint is published by Ideas Tent Communications Ltd®. All Rights Reserved.

Follow us on social media:

Recent News

  • MINISTRY OF ART, CULTURE, AND CREATIVE ECONOMY PRESENTS BUDGET PERFORMANCE REPORT TO NATIONAL ASSEMBLY
  • SanlamAllianz flags off 12-City Roadshow to Deepen Customer Engagement and Awareness
  • BNY Mellon, Standard Bank to Facilitate Access to Nigerian Naira Debt — Bloomberg

Category

  • Aviation
  • Brands
  • Crime
  • Editorial
  • Features | Analysis
  • Finance | Insurance | Pension
  • Health | Environment
  • Industry | Trade | Commerce
  • International
  • Interview | Profile
  • News
  • Opinion
  • Politics
  • Small Business
  • Sports
  • Top News
  • Transport & Blue Economy
  • Uncategorized

Recent News

MINISTRY OF ART, CULTURE, AND CREATIVE ECONOMY PRESENTS BUDGET PERFORMANCE REPORT TO NATIONAL ASSEMBLY

June 20, 2025
SanlamAllianz flags off 12-City Roadshow to Deepen Customer Engagement and Awareness

SanlamAllianz flags off 12-City Roadshow to Deepen Customer Engagement and Awareness

June 20, 2025
No Result
View All Result
  • Home
  • Politics
  • News
  • Sports
  • Opinion