It has also assisted in the creation of a local agricultural giant through advising the BUA Group on the sale of its wheat milling, pasta and flour manufacturing assets, which helped reduce food imports as it became a net exporter of major agricultural products. “It has supported Nigeria’s ERGP by providing Indorama Eleme Petrochemicals funding to grow its fertilizer business to increase agriculture output, reduce reliance on fertilizer imports, and become an exporter of agriculture products,” a statement from the bank affirmed.

Source: The Guardian May 07, 2018 04:41 UTC