Ebonyi seeks collaboration with private sector to resuscitate Niger Cem

The Ebonyi State Government has said that it has extended invitation to a private Investors to resuscitate the State’s cement company Niger Cem.

The Governor of Ebonyi State Engr. Dave Umahi disclosed this at the opening ceremony of the Finance Correspondents and Business Editors (FICAN) Seminar holding in Abakaliki, the Ebonyi State capital and sponsored by the Central Bank of Nigeria (CBN).

The Ebonyi State Governor who was represented at the event by his Commissioner for Justice and Attorney-General of the State, Hon. Augustine Nwankwagu said the state will collaborate with a private investor to ensure that Niger Cem comes back on stream.

Umahi said Niger Cem when fully operational will, no doubt, provide employment opportunities for its citizens and contribute to the economy  of the State and the Country.

According to the governor,  Ebonyi State is blessed with over 29 mineral resource deposits which include Salt and Limestone. With the emphasis on the diversification of the economy to non-oil sectors, the Governor called on investors to partner with Ebonyi to harness the rich mineral resources in the State.

He also said that the State was a proud beneficiary of the CBN Anchor Borrowers’ Programme.  He added that it is involved in various agricultural programmes as it is vigorously pursuing food sufficiency for its citizens through its ‘one man one hectare’ policy among several other efforts.