Agribusiness conglomerate Export Trading Group has outlined plans to generate more than 6,000 jobs in Nigeria through a series of multi-million-dollar investments that cut across agro-logistics, fertilizer systems, seed production and industrial processing.
The company’s renewed push in the country received strong backing from Vice President Kashim Shettima, who said the economic reforms of President Bola Ahmed Tinubu would support and secure ETG’s growing footprint in the agricultural value chain. The Vice President said the company’s portfolio has the potential to generate over 6,000 jobs as it deepens its operations in the country.
Shettima made the remarks on Thursday when he received a delegation from the company led by its Global Chief Operating Officer, Niren Murugan, at the Presidential Villa. He said ETG’s renewed focus on agro-logistics, fertilizer systems, seed production and industrial processing aligns with the broader goals of the administration of President Bola Ahmed Tinubu and supports the government’s efforts to boost food production.
“You have been in the country since 2010, but this time around, you have decided to play a more active role in Nigeria’s agricultural value chain. This is where the action is. We have the population and abundance of resources for your investments to thrive,” he said. The Vice President added that he was impressed by the company’s planned interventions in seed development, oil processing, fertilizer blending and agricultural extension services. “I commend the efforts of your team in Nigeria in the selection of locations for the proposed Centres of Excellence,” he stated.
He urged the conglomerate to explore more opportunities across the country to scale its activities, adding that the administration is committed to creating an environment that supports agribusiness growth and encourages investments that can expand job creation and improve food systems.
In his remarks, Murugan said his visit was aimed at updating the Vice President on ETG’s investment plans, securing high-level government alignment and strengthening coordination with Nigeria’s public sector stakeholders. He announced that the company’s expanded multi-million-dollar oil processing facility in Sagamu, Ogun State, will begin operations by the second quarter of 2026. He also confirmed new investment pipelines in fertilizer blending, seed production and integrated agro-logistics.
Murugan further revealed a partnership to establish Centres of Agro-Excellence in Kaduna, Ebonyi, Cross River, Ekiti, Jigawa, Nasarawa and Borno. He said the centres will operate as regional hubs offering access to inputs, mechanisation, storage facilities and primary processing.
Cross River State Governor Senator Bassey Otu, who attended the meeting, expressed the state’s readiness to work with the conglomerate. He said ongoing reforms in the state were designed to boost agricultural productivity and strengthen its economic base. The Governor also highlighted plans to attract investments in port infrastructure such as the Bakassi Deep Seaport and the Calabar Port. “We can match your vision end-to-end. We have the land, the mineral resources and the enabling environment to make it happen,” he said.
Also present at the meeting were Ogu Goodluck, ETG’s Business Manager in Nigeria; Senior Business Development Manager Bharat Shinde; and the company’s CFO, Amin Ahmad.
