Rivers State governor, Nyesom Wike, has expressed optimism that the state’s $12 million Cassava processing initiative will create jobs and enhance the Gross Domestic Product (GDP) of the country. The governor urged the Central Bank of Nigeria (CBN) and the Federal Ministry of Agriculture to support the initiative to boost food security, create jobs and earn foreign exchange for the country. Wike said this during a meeting with the board of the Rivers Cassava Processing Company Limited at the Government House, Port Harcourt on Tuesday. According to him, if the Rivers Cassava Processing Company is encouraged, the country’s dependence on imported cassava products will drastically reduce. He noted that if part of the N5-billion is invested in the cassava processing initiative, it will create jobs and reduce the unemployment rate.

Source: Nigerian Tribune October 27, 2020 16:41 UTC