In a move to revitalize its economy, the Enugu State Government has signed a N40 billion deal with Jelfah Nigeria Ltd. to breathe new life into the moribund Sunrise Flour Mills.
Thank you for reading this post, don't forget to subscribe!Jelfah Nigeria Ltd. will invest N24 billion, acquiring a 60% stake in the mills, which have been inactive since 1985.
This partnership is part of Governor Peter Mbah’s broader economic plan, which aims to increase Enugu State’s economy to $30 billion through private sector collaboration.
The deal follows a recent N100 billion investment in Enugu United Palm Products Ltd., signaling the state’s commitment to boosting local production and job creation.
