A Tanzanian-based firm, Export Trading Group (ETG) has disclosed its intention to build a 50 million dollar fruits juice factory in Benue state Nigeria.

Mr. Sanjay Sethi, Chief Executive Officer of ETG, stated this when he led a delegation of the company to the Minister of State for Industry, Trade and Investment, Dr. Samuel Ortom, in Abuja. Sethi said the management of the firm was in Nigeria to find a suitable location for the setting up of the company.

He said that when operational, the company would make use of local products such as orange, mango and pineapple to turn them into citrus products. “We will also explore other areas of the citrus . We can also make citrus fibre.

Apart from this, we believe that we can process and create made-in- Nigeria brand of citrus. “We have a commitment to set up a 50 million dollar investment in Nigeria for processing of fruits. We intend to set up this factory in Benue,” he said.

The CEO said the choice of Benue was because of the availability of fruits in the area. “We need a peaceful investment environment in Nigeria and we have found it, especially in Benue”. “In our mission, what we heard about Nigerians is different from what we are seeing. “Nigerians are hard working people. They have the bond, the enthusiasm, the energy, the positive attitude, the natural talent to business; they are the best set of people”.

www.vanguardngr.com/2013/09/tanzanian-firm-plans-50m-fruit-juice-factory-in-benue/

Ok

FDI is on alltime high and continues to agressively increase, this is just the begining. As the transformation train moves on, the ordinary man will get the benefits like never before.
GOD BLESS NIGERIA

Benue o ni baje!

I hop is true 3rd to comment

tzetzefly: A Tanzanian-based firm, Export Trading Group (ETG) has disclosed its intention to build a 50 million dollar fruits juice factory in Benue state Nigeria.

Mr. Sanjay Sethi, Chief Executive Officer of ETG, stated this when he led a delegation of the company to the Minister of State for Industry, Trade and Investment, Dr. Samuel Ortom, in Abuja. Sethi said the management of the firm was in Nigeria to find a suitable location for the setting up of the company.

He said that when operational, the company would make use of local products such as orange, mango and pineapple to turn them into citrus products. “We will also explore other areas of the citrus . We can also make citrus fibre.

Apart from this, we believe that we can process and create made-in- Nigeria brand of citrus. “We have a commitment to set up a 50 million dollar investment in Nigeria for processing of fruits. We intend to set up this factory in Benue,” he said.

The CEO said the choice of Benue was because of the availability of fruits in the area. “We need a peaceful investment environment in Nigeria and we have found it, especially in Benue”. “In our mission, what we heard about Nigerians is different from what we are seeing. “Nigerians are hard working people. They have the bond, the enthusiasm, the energy, the positive attitude, the natural talent to business; they are the best set of people”.

www.vanguardngr.com/2013/09/tanzanian-firm-plans-50m-fruit-juice-factory-in-benue/

See scoping (@bolded).

Space booked.... Intruders,keep off.

u mean tanzania? the one in this africa?..answers pls am curious

ORDINARY TANZANIA IS INVESTING NIGERIA WHERE GOVT IS BUSY SELLING OFF EVERYTIN. THIS COUNTRY WILL SOON BE OWNED BY FOREIGNERS COS WE CANNOT DO JACK SHIIT. WE ONLY KNOW HOW TO LOOT.

This is a very good initiative by the Tanzania investors.

I hope say mango no go begin cost 4 Zaki biam....now i dey lick like ten fruits b4 i ssk dey gal wey dey sell 'how many 4 N10?'

did i just read tanzania?.....$50 mill?...u shitting me ryt?.

Good news......

im scared*

YAY!!!! I'm glad we are hearing about the middle belt.


LOL at the Nigerians surprised that Tanzania has companies large enough to invest 50 million dollars.

Most African countries don't have oil, so they must actually WORK, and produce things of value.

Mr Aboki: I hope their juice ends up being better than the piss that CHIVITA, Coca-cola and Dangote groups are serving us..

Try CERES it tastes better.

@Post

I think that is wonderful.

[color=#006600][/color] nice one by tazani,i love dat.....i got families in benue may be we kud get emploooo.btw mek d tin no increase price of tinz in aliade market o

I always liken tazania to benue, i dont knw y. Anyway, good move.

This is what we are suppose to do in this country nt others doing it for us

Good news! God bless BENUE STATE.

Who said ETG is Tanzanian? They are Indians; they have a base in Tanzania and other African countries.
Moreover, the reporter should have done enough research before reporting. That's why I prefer BusinessDay newspaper to all these...

You guys have TERAGRO(Elumelu's company) to supply you with fruit juice concentrates

Mr Aboki: I hope their juice ends up being better than the piss that CHIVITA, Coca-cola and Dangote groups are serving us..

hope-less

no decent regulatory body in the country hence they can use 0.2percent fruit and fill the rest with chemicals

hey the middle class needs to show off cant be bothered to complain though about piss juice though

Nigeria GIANT OF AFRICA , prrr.keeping watching and hearing your Leaders loot your money and see Tanzania walk pass u. >:

Belmot: Try CERES it tastes better.

You're partially correct - Ceres100% juice products are excellent but some have 50% juice content and those are in the same category as Dansa. As for chivita, I wont touch any of their products even with a long stick.

That's a good news for Benue. We need more investors in Nigeria.

Well its about time...since the benue state govt is not willing to exploit the huge agricultural resources available in the state let tanzanians come rake in the dough

ThankGod!!!,it is long over due although it has always been my dream investment in my state once i finish school but am happy for my state.

Where are the Nigerian investors? they only know how to bleed the country without investing in it. very shameful that a Tanzanian coy of all places coming to invest in the so called giant of Africa. wee need to set our priorities right as a nation and stop been a laughing stock in the international community.

Kalamaya: This is a very good initiative by the Tanzania investors.