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Cross River to Host Global Investment Summit in London, Targets Diaspora and Foreign Investors

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The Cross River State Government will host an international investment summit in London from Nov. 17 to Nov.19, aimed at attracting global investors and engaging the diaspora in sustainable development. The summit, themed “Unlocking Opportunities and Driving Sustainable Growth with the People’s First Agenda of Senator Prince Bassey Edet Otu”, will spotlight strategic sectors and investment-ready projects across the state. Hon. Ignatius Oli, Chairperson of the Central Planning Committee, Cross River State Diaspora Commission, disclosed this in a statement issued to the Newsmen Saturday. > “We are positioning Cross River as a competitive investment destination in Nigeria and West Africa,” Oli said. “This summit is a strategic move to unlock partnerships that will fuel economic growth and align with the state’s People’s First Agenda.” He said the event would convene investors, policymakers, diaspora professionals, and development partners to explore opportunities in agricu...

North West Development Commission Explores NWDC $200m Agricultural Investment With Global Partners

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North-West Development Commission (NWDC) is exploring a major agricultural partnership valued at USD 200 million, in collaboration with Shanghai Integrated Infrastructure Development Limited (SIIDL) and Peerless Advisory Limited. The proposed agreement is aimed at boosting commercial farming across the North-West region. Representatives of SIIDL and Peerless Advisory visited the Commission this week to signal their commitment and interest in working with NWDC. If finalized, the initiative will transform key agricultural value chains including sesame, soya beans, rice, hibiscus, and wheat. The programme will also introduce modern mechanized farming equipment and farmer training schemes to boost productivity and strengthen food security. SIIDL would act as the anchor investor, potentially providing up to 80 per cent of the project funding through Foreign Direct Investment (FDI). At the same time, NWDC would contribute its share as counterpart support, including la...