Consortium to invest $2bn in Benue economy

King David
1 Min Read

A consortium of investors has unveiled plans to inject $2 billion into Benue State’s economy within the first year of a proposed 10-year development programme aimed at transforming the state from an agrarian base to an agro-industrial and technology-driven hub.

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The investment, spearheaded by KAOTHEEM Energy Services in collaboration with TAICOP Capital Partners, would be expected to focus on agro-processing, artificial intelligence education, wealth creation and large-scale job opportunities.

Speaking at a strategic meeting held at the Government House in Makurdi, Chairman of KAOTHEEM Energy Services, Tom Iseghohi, said the consortium plans to invest $2 billion in the first year without requesting a sovereign guarantee from the Benue State Government.Read The; Complete Original.

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