• June 14, 2021

Atiku’s PRIAM Group To Invest $20m In Adamawa


=== (AGENDAWATCHDOG) === In his drive to alleviate poverty and raise Internally Generated Revenue (IGR) in Adamawa State, ex-Vice President, Atiku Abubakar, plans to invest $20 million in his home state.

This was disclosed by the General Manager of PRIAM Group, Shehu Atiku, recently in Yola at the commissioning of the group’s woven sack plant at Kofare Industrial Layout along Yola–Numan road, where he said that the aim of the former VP was to industrialise Adamawa through building of factories, creating employment for youths of the state and the country at large.

“The investment will enable PRIAM Group to reach a revenue target of N30 billion by 2023 and N50 billion by 2025,” he said.

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Atiku further stated that the group had ambitious plans with the establishment of Rico Gado feeds factory to be commissioned in Abuja this year, and the expansion of Adama Beverages, producers of bottle water and juice.

While commissioning the factory, Governor Ahmadu Fintiri of Adamawa commended the business acumen of the former Vice President and assured him of a friendly environment for business activities in the state.

Speaking further, the governor reassured the Peoples Democratic Party (PDP) presidential candidate in the 2019 general election that he would continue to support his drive to improve the state as well as his political ambition anytime.

In December 2019, Atiku had migrated all his business outfits into an umbrella brand known as the Priam Group, which is a testament to his vision for a prosperous Adamawa, North East and Nigeria at large.

PROJECTED IMPACT: The investments by Atiku’s PRIAM Group in Adamawa State will improve the livelihood of the residents and increase the state’s IGR.


Agenda Watchdog

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