Ogun attracts $100m initial oil palm investment as Presco begins operation

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Presco Plc announced a $100 million investment to start oil palm operations in Ogun State, Nigeria, citing the state's favorable business environment, infrastructure, and supportive policies. This investment aims to boost local agriculture and industry development.

The Group Chief Executive Officer of Presco Plc, Mr Adewale Arikawe said Ogun was chosen after a careful assessment of the state’s enabling business environment, strategic location, robust infrastructure and the deliberate policies of the present administration The post Ogun attracts $100m initial oil palm investment as Presco begins operation appeared first on Premium Times Nigeria.