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Firm Declares Benue Agro‑Industrial Hub

Jerry Emmason by Jerry Emmason
11 months ago
in News
BIPC
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The management of Benue Investment and Properly Company (BIPC) has said the state has moved from a civil‑service‑dependent state to a value‑added agricultural and industrial hub.

The company’s group managing director, Dr Raymond Asemakaha, who made this known in Makurdi, during an interaction with the media, said since 1999 till date, it was the first time Benue economy moved from the negative growth of 2.3 percent to an economic revolution.

Asemakaha said the establishment of  industries such as bread, water, juice, beer factories among others, had contributed to taking over 400 youths off the street,  through gainful employment.

He said the state is establishing Presidential Hotel to meet the international needs of the business class intending to do business in the state alongside a new cement factory through a bond facility of N10 billion.

“Despite numerous criticism and insults during the initial phases of the brewery project, we are moving toward full production and automation by February 2026,” he said.

He added that one trailer each of canned and bottled beer will be available for consumption and by February 2026, no oranges and mangoes would go out of Benue to other states .

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Addressing concerns about market entry, Asemakaha revealed a calculated strategy to protect BIPC’s assets saying “our bottles and crates are our assets. Competitors might want to break our bottles to keep us out, so we are being selective with distributors choosing those with the financial capacity to protect the product.”

“I want to let you know that Benue State is on the verge of an economic revolution, we are shifting from civil‑service‑dependent state to a value‑added agricultural hub.”

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