Ellah Lakes announces a joint venture with Ondo State for the development of Oil Palm and Cassava Plantation

Must Read

- Advertisement -

Lagos, November 27, 2020: Ellah Lakes Plc (Ellah Lakes) is happy to announce that it has executed an agreement with Ondo State Government for the joint development and management of 5000 Hectares of land, for the cultivation of Oil Palm & Cassava in Ondo State, Nigeria.

Speaking on the development, the Chief Executive Officer, Chuka Mordi said:

“This is a significant landmark for the Company in the development of our land bank, & we are very excited to be working with ODSG.

Ellah Lakes announces a joint venture with Ondo State for the development of Oil Palm and Cassava Plantation

I am delighted that we are fulfilling our strategic objective of progressively expanding our land bank & diversifying our portfolio and production base. I am also glad to say that the intercropping programme in Edo State is progressing steadily & we have achieved our first milestone of100Hectares of Cassava wi th the participation of personnel of the Agricultural Development Program (ADP), in Edo State”.

Ellah Lakes announces a joint venture with Ondo State for the development of Oil Palm and Cassava Plantation - Brand Spur

Also speaking on the development, the Special Adviser on Development & Investment to the Ondo State Governor/ Chief Executive Officer of Ondo State Development and Investment Promotion Agency (ONDIPA), Mr. Akinboye Oyewumi said:

- Advertisement -

“We are pleased with this collaboration with Ellah Lakes Plc., and we look forward to a mutually beneficial, valuable and fruitful venture.”

- Advertisement -
spot_imgspot_img

Subscribe to BrandSpur Ng

Subscribe for latest updates. Signup to best of brands and business news, informed analysis and opinions among others that can propel you, your business or brand to greater heights.

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Read Also:  Eagle spices Mbaise new yam festival (Exclusive Photos)

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest News

Inflation

Nigeria’s Inflation Rate Drops to 18.12% in April – First Decline...

Headline Inflation declines by 18.12% In April 2021, 0.05% Lower Than March 2021 Rate The consumer price index, (CPI) which measures the inflation rate dropped to...
- Advertisement -
spot_imgspot_img

Latest News

Nigeria’s Inflation Rate Drops to 18.12% in April – First Decline in 20 Months

Headline Inflation declines by 18.12% In April 2021, 0.05% Lower Than March 2021 Rate The consumer price index, (CPI) which...
- Advertisement -
BrandsPur Weekly Cartoons
- Advertisement -spot_imgspot_img