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Enugu LG seeks foreign investors for its palm wine business

Igbo-Eze North Local Government Area, Enugu State, on Friday said that it would soon seek national and foreign investors that could partner it in processing and packaging its palm wine for consumption and export.

The Caretaker Chairman of the council, Mr Uwakwe Ezeja, said at the ongoing Nsukka Trade Fair, tagged “Nsukka 2016’’.

The theme of the 10-day fair, is “Promoting Small and Medium Enterprise Scheme (SMES) and Agriculture for National Economic Recovery. “Ezeja said that the council had a lot of palm wine trees, adding that the climate of the area was good for producing the product from its vast plantations.

“Our palm wine is among the best in the country and it tastes fine when consumed.

“We have thousands of these palm wine trees all around us in the council area.’’

Ezeja said that the council lacked the financial muscle to harness it and showcase it to the rest of the world.

“Hence, we are using this trade fair as an opportunity to showcase it and give free sample to everybody that comes to our council’s stand.

“Most especially, we are calling on both local and foreign investors to come and invest in the processing and packaging of this wonderful gift of nature which we have in abundance in our council area.

“As a council, we are ready to assist any investors to achieve their target of marketing and exporting our palm wine, “ he said.

Ezeja noted that investors could also invest in farming as the council remained one of the food baskets of Enugu State.

“A vast portion of our land is still fertile and remained virgin to enhance agricultural production.

“In short, no investment in agriculture and agro-allied investments in the council will ever be regretted, “ he said.

NAN