The Ministry of Finance Incorporated (MOFI) has intensified its strategic asset assessment tours across Nigeria, identifying key investment opportunities that could drive sustained economic prosperity.
Dr. Armstrong Takang, Managing Director/CEO of MOFI, led a team on a series of inspections spanning multiple states, assessing critical assets owned by both government and private entities. These assets, according to him, are either actively transforming Nigeria’s economy or possess significant potential to do so.
“Our tour across the country has been a great revelation. From Kaduna, where we inspected the Barbedos and OCP AFRICA fertilizer plants, to Edo, where we visited Saro Oil Palm Limited and Green Hills Agric. Products Limited, down to Lagos, where we evaluated the Apapa Bulk Terminal Limited (ABTL) facility, and more recently, Katsina, where we inspected the Sabke Dam irrigation project—the story remains the same: Nigeria is home to strategic assets that hold the key to its economic growth,” Dr. Takang stated.
Dr. Armstrong Takang, Managing Director/CEO of MOFI
A core part of MOFI’s mandate is to mobilize large-scale capital investment in priority sectors of the economy. Through these tours, the corporation is gaining firsthand insights into potential investment opportunities across critical value chains, ensuring resources are directed toward high-impact projects.
Beyond assessment, Dr. Takang emphasized the importance of broadening partnerships at national, sub-national, and sectoral levels. He reaffirmed MOFI’s commitment to ensuring that assets requiring Federal Government investment for transformative development receive the necessary attention.
“I appreciate the MOFI team, our private-sector partners, and national and sub-national governments for their unwavering commitment to Nigeria’s economic development. These collaborations are crucial in driving sustainable growth,” he added.
Dr. Armstrong Takang, Managing Director/CEO of MOFI
MOFI continues to position itself as a key player in unlocking Nigeria’s economic potential by identifying, assessing, and investing in assets that will shape the country’s future.
SOURCE: theeconomictimes.com.ng