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NIPC lauds TGI’s commitment to Nigeria’s industrial growth

By Gbenga Akinfenwa
23 August 2024   |   3:38 am
The Executive Secretary, Nigerian Investment Promotion Commission (NIPC), Aisha Rimi, has commended the Tropical General Investment (TGI) Group on its commitment to sustainable food production, enhancing food security, and generating significant employment opportunities in the country.
Ms.Aisha Rimi. Photo:nipc.gov.ng

The Executive Secretary, Nigerian Investment Promotion Commission (NIPC), Aisha Rimi, has commended the Tropical General Investment (TGI) Group on its commitment to sustainable food production, enhancing food security, and generating significant employment opportunities in the country.

Rimi disclosed this during her tour of TGI’s expanded WACOT Rice Argungu Limited, Kebbi State and the ultramodern WACUB and WASIL factories in Sagamu, Ogun State, where she noted that the company has played a pivotal role in Nigeria’s industrial growth and sustainability.

Accompanied by the Chief of Staff to the Kebbi State Governor, Attahiru Maccido, Rimi was received by TGI’s senior management, including Sadiq Kassim, Director of Corporate Affairs; Jayant Chandrashekar, Chief Operating Officer, WACOT Rice; Umar Muhammed, Head of Human Resources and Administration, WACOT Rice and others, where the team briefed her on WACOT Rice’s advanced operations and sustainable practices.

“The adoption of sustainable rice production methods, which reduce reliance on external energy and mitigate carbon emissions are exemplary. WACOT Rice’s efforts are a significant step towards boosting Nigeria’s rice production capacity and ensuring food security.”

In Sagamu, Rimi, alongside the Permanent Secretary, Ministry of Industry, Trade, and Investment, Dr. Olu Aikulola, , was introduced to the innovative capabilities of WACUB and WASIL. They were welcomed by the Managing Director of WASIL, Kassim, Gawat, Ipsit Chakrabarti, and Director of Manufacturing and Projects Alvic Yap.

Rimi emphasised the commission’s role in fostering investments in Nigeria. “A robust investment promotion agency is crucial for attracting investment. TGI Group’s dedication to industrial growth and sustainability sets a benchmark for other investors. We at NIPC are committed to supporting such exemplary efforts and ensuring a conducive environment for their continued success.”

She also mentioned the potential for the TGI Group to attain pioneer status, which would provide tax breaks and other federal incentives, underscoring the company’s significant contribution to Nigeria’s industrial landscape.

Kassim expressed gratitude for the visit, stating, “We are honoured to host the Executive Secretary her team. This visit reinforces the strong partnership between TGI Group and the NIPC. We remain dedicated to driving industrial growth and creating sustainable job opportunities in Nigeria.”

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