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Gombe leases fertilizer blending plant at N7M per annum

.... 50 percent payment already collected amounting to 35 million.

Chima by Chima
November 19, 2020
in News
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Gombe leases fertilizer blending plant at N7M per annum

Gombe leases fertilizer blending plant at N7M per annum

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Gombe Leases Fertilizer Blending Plant at N7M per year

 

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Chima Azubuike, Gombe

 

 

 

 

Gombe State Executive Council has approved the leasing of  the state Fertilizer blending plant for 7 million naira yearly for a period of 10 years.

This was part of resolutions of the council meeting presided over by governor Inuwa Yahaya, on Wednesday.

 

Confirming this development to newsmen on Wednesday, Commissioner for Information Alhassan Ibrahim said, “the State Executive Council in its meeting approved the leasing of the Gombe  fertilizer blending plant to Tag Agro factory for 7 million naira per annum for the period of 10 year.

 

“The State Government has already received 50 percent upfront payment which translates into 35 million Naira.”

Gombe leases fertilizer blending plant at  N7M per annum
Gombe leases fertilizer blending plant at N7M per annum

Ibrahim added that  the decision to lease the State fertilizer blending plant was to inject efficiency and promote accountability in the production and timely distribution of fertilizer to farmers across the State.

 

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