NEW NIGERIA DEVELOPMENT COMPANY LIMITED (NNDC LTD) SIGNS STRATEGIC ALLIANCE AGREEMENT WITH HASKE & WILLIAMS LIMITED ON THE DEVELOPMENT OF AGRICULTURE IN NORTHERN NIGERIA
The New Nigeria Development Company Limited (NNDC) has signed a Strategic Alliance Agreement with Haske and Williams Limited specifically to (jointly) indentify, develop and implement opportunities pertaining to the agricultural sector in the Northern part of Nigeria.
Haske & Williams Limited is a company registered under the laws of the Federal Republic of Nigeria, having its principal place of business in Lagos and other offices across the Country. It is an agribusiness development company focused on identifying and developing opportunities in Nigeria’s agricultural space with a view to harnessing Nigeria’s natural endowments for the development of industrial scale agricultural projects that can contribute to the diversification of the Nigerian economy and provide socio economic advancement for the host communities where the projects are located. Currently, the Company has a large rice integrated farm at Demsa Local Government Area in Adamawa State and another integrated Cassava production project in Kaima in Kwara State among others.
The signing of the Strategic Alliance Agreement took place in the Boardroom of NNDC Ltd Corporate Headquarters at Ahmed Talib House, No.18/19 Ahmadu Bello Way, Kaduna on the 4th day of April, 2018. The ceremony was witnessed by the Chairmen of the Boards of Directors of both the NNDC Ltd and Haske & Williams Ltd., Management staff of the two organizations and the general public.
The signing of the Agreement was another significant milestone recorded by NNDC Ltd in its quest to develop agriculture in the region which is one of the major priority areas of its current Strategic Development Plan. It would be recalled that it only recently registered and promoted a commodity marketing company - the New Nigeria Commodity Marketing Company Limited (NNCMC) - which is an agricultural storage and marketing company. It also recently recapitalized NNIL Commercial Company Limited which is involved in the supply and marketing of agricultural implements and inputs, inter alia.
With the signing of this Agreement, NNDC Ltd is now poised to commence real agricultural produce productions and development.