Connect with us

Nigeria News (Standard)

TGI Group, Wilmar Seal Agro-Industry Merger to Boost Food Production in Lagos, Benin Republic

New partnership aims to deepen local value addition, support smallholder farmers and expand job opportunities across West Africa

Published

on

New partnership aims to deepen local value addition, support smallholder farmers and expand job opportunities across West Africa

Tropical General Investments (TGI) Group has announced a major partnership with global agribusiness giant, Wilmar International, aimed at strengthening food production, manufacturing and distribution across Nigeria and the Republic of Benin. The agreement was formalised this week in Lagos, with both companies combining their existing operations into a jointly owned business covering agriculture, edible oils, rice processing and consumer products.

According to a joint statement issued on Saturday, the new entity will leverage Wilmar’s integrated palm oil supply chain and TGI Group’s established manufacturing scale and route-to-market reach within Nigeria’s agro-processing sector. The move is expected to boost domestic value addition, create jobs for thousands of Nigerians and increase support for smallholder farmers.

The Vice Chairman of TGI Group, Farouk Gumel, explained that the collaboration will integrate Wilmar’s upstream and downstream palm oil capabilities with TGI’s strong presence in consumer brands and local market expertise. “By combining our strengths in manufacturing with Wilmar’s processing know-how and trusted brands, we are building a platform that will deepen domestic value addition, support smallholder farmers, create jobs and contribute meaningfully to Nigeria’s food security,” Gumel said in a written statement issued in Lagos.

Chairman and Chief Executive Officer of Wilmar International, Kuok Khoon Hong, also highlighted the significance of the merger. He said the partnership brings together Wilmar’s international experience with TGI Group’s wide distribution network across Nigeria and Benin Republic. “This combination creates a uniquely positioned business to serve African consumers better,” he stated.

With rising concerns over food inflation—currently above 40 percent according to latest figures from the National Bureau of Statistics—and persistent unemployment challenges nationwide, industry analysts say the partnership could help stabilise essential food prices while offering new livelihood opportunities. Both companies affirmed their commitment to supporting government’s drive for greater self-sufficiency in agriculture and developing local supply chains. Further details on investment figures or operational timelines were not disclosed as at press time.

Source: https://guardian.ng/business-services/agro-care/tgi-wilmar-partner-on-food-production-jobs-creation/

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Nigeria News (Standard)

Delta Police Arrest Two Suspected Cable Vandals in Ndokwa West

One suspect hospitalised after attempted escape as police recover stolen electric cables along Ibabu–Ugiliamai Road

Published

on

One suspect hospitalised after attempted escape as police recover stolen electric cables along Ibabu–Ugiliamai Road

Operatives of the Delta State Police Command have arrested two individuals suspected of vandalising electric cables in Ndokwa West Local Government Area on Tuesday, 25 June. The suspects were apprehended around 10:30pm along the Ibabu–Ugiliamai Road following a joint operation involving officers from Kwale Police Station and members of the local vigilante group.

According to a statement issued by Delta State Police Public Relations Officer, SP Bright Edafe, the security team acted swiftly on credible intelligence that some persons were removing and stealing electric cables in the area. Upon sighting law enforcement, the suspects attempted to flee the scene, resulting in one of them sustaining injuries during the pursuit. The injured suspect is currently receiving medical attention, while the other is in police custody.

Cable vandalism has become a significant concern in Delta State and across Nigeria, often leading to prolonged power outages and financial losses for communities. The state government has repeatedly called for increased vigilance by residents and closer collaboration with security agencies to combat such crimes.

SP Edafe stated that investigations are ongoing to determine if other individuals are involved in the syndicate. “We urge members of the public to continue providing timely information that can help us protect public infrastructure,” Edafe said in Thursday’s press release.

The police command assured residents that efforts will be intensified to prevent further incidents of cable theft in Ndokwa West and neighbouring communities. Authorities also reminded residents that anyone found engaging in vandalism or aiding such activities would face prosecution according to Nigerian law.

Source: https://guardian.ng/news/nigeria/metro/delta-police-arrest-two-suspected-cable-vandals/

Continue Reading

Nigeria News (Standard)

Trump Claims US Military Strikes in Borno Prevented Mass Killing of Christians by ISWAP

Former US president says American intervention curbed attacks; Nigerian government yet to issue official response

Published

on

Former US president says American intervention curbed attacks; Nigerian government yet to issue official response

Former United States President Donald Trump has stated that military strikes authorised by his administration in Borno State helped prevent the mass killing of Christians by militants linked to Islamic State West Africa Province (ISWAP). Trump made this assertion on Friday during an event held in Washington, where he defended his decision to target terrorist groups operating in Nigeria’s North-East region.

According to Trump, the US military operations significantly reduced attacks on Christian communities in Borno and neighbouring states, which had been facing repeated assaults from ISWAP fighters. He said, “As you know, we recently struck Nigeria and largely ended the slaughter of great Christian populations. They have a great Christian population. They were being butchered—thousands and thousands of people were being killed, children, women, old people, just being slaughtered, hacked to death.”

Trump added that the American intervention sent a strong warning to the militants responsible for these attacks. He claimed the strikes discouraged further violence against religious minorities in the region. The former president did not provide specific details regarding the timing or scale of the US operations referenced.

The Nigerian government and security agencies are yet to release any official statement confirming the reported strikes or commenting on Trump’s claims as at press time. In previous years, Borno State and other parts of North-East Nigeria have witnessed repeated attacks targeting both Muslim and Christian communities by various armed groups, including ISWAP and Boko Haram.

Security analysts say international military cooperation is often conducted discreetly and that foreign involvement in counter-insurgency operations can carry both diplomatic and security implications for Nigeria. The opposition could not be immediately reached for comment regarding Trump’s statements.

Source: https://guardian.ng/news/nigeria/national/us-strikes-in-nigeria-prevented-mass-killing-of-christians-trump/

Continue Reading

Nigeria News (Standard)

Former Super Eagles Coach Adegboye Onigbinde Laid to Rest in Modakeke, Osun State

Onigbinde, who led Nigeria to the 2002 FIFA World Cup, remembered for his legacy in Nigerian football

Published

on

Onigbinde, who led Nigeria to the 2002 FIFA World Cup, remembered for his legacy in Nigerian football

Adegboye Onigbinde, the former head coach of the Super Eagles, was buried on Saturday in Modakeke, Osun State. The burial ceremony drew family members, friends, and football stakeholders who came together to pay their last respects to the veteran tactician.

Onigbinde’s funeral was held at his hometown of Modakeke, marking the end of an era for one of Nigeria’s most respected football coaches. Attendees described him as a disciplinarian and a mentor whose contribution to Nigerian football development spanned decades. Many local residents and members of the football community gathered to honour his memory.

Onigbinde rose to national prominence when he managed the Super Eagles at the 2002 FIFA World Cup. He is credited with nurturing young talent and promoting professionalism in Nigerian football. His death is considered a significant loss by many in the sports fraternity, particularly those from Osun State and across the South-West geopolitical zone.

Though details of official statements were not available at press time, tributes have continued to pour in from fans and former players who worked with Onigbinde during his long career. They praised his dedication and commitment to raising the profile of Nigerian football on the world stage.

As Nigerians reflect on Onigbinde’s enduring legacy, sports analysts note that his impact will continue through coaches and players he mentored over the years. The Nigerian Football Federation is expected to organise further commemorative events in honour of his service.

Source: https://www.premiumtimesng.com/sports/football/891151-former-super-eagles-coach-adegboye-onigbinde-buried-in-modakeke.html

Continue Reading