Norrenberger Group secures FG’s permission to cultivate 1000 hectares of land in Kano
The Federal Government has granted permission to the Norrenberger Financial Group, a financial company to cultivate 1, 000 hectares of arable land in Kano State toward boosting food production and ensuring food security in the country.
The Managing Director of the Group, Mr Anthony Edeh said this at the commissioning of its new office in Kano on Wednesday.
He said the decision to open a new office in Kano was borne out of the Group’s commitments to boost financial inclusion and literacy in Northern Nigeria,
“The amount of investment we are bringing to Kano is in excess of N5 billion.
“As we step our feet into Kano, we promise the people of Kano two things. Number one, extensive financial inclusion, access to deeper financing instruments and investment instruments, and in addition to that, we promise the people of Kano job creation,” he said.
He said no fewer than 1,500 people would be employed by the group in its newly established office, saying that about 250 persons had since been employed and had started working in the new office.
“We’re going to create jobs for the people of Kano, we’re going to create work for them, and above all, we’re going to ensure that the people of Kano have deeper investment instruments to invest in. We engage about 250 people, cutting across insurance, pensions, and asset management.
“In terms of agriculture, we’ve just gotten a federal government approval to cultivate about a thousand hectares of arable land for agriculture. In addition to that, we have this iconic office to symbolise our belief in the northern region in general, and in Kano in particular. In terms of investment, we’re bringing in about a thousand hectares of arable land for agriculture,” he added.
In his remarks, the Managing Director, Asset Management, Mr Pabina Yinkere said the group found it necessary to be in Kano so that it can bring financial solutions in a simplified way to millions of people that were underserved in the market today.
Prominent personalities from across the country that attended the grand ceremony included the Chairman, Mangal Industries, Alhaji Dahiru Bara’u Mangal who was the special Guest of honour.
Others were Chairman, Board of Directors, International Energy Insurance, Alhaji Bukar Goni and Director General, Securities and Exchange Commission, Dr. Emomotimi Agama, among others.
