By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
AIT LIVEAIT LIVEAIT LIVE
  • Live TV
  • Politics
  • National News
  • Business
  • Sports
  • Tech
  • Entertainment
  • Global
  • Videos
Font ResizerAa
Font ResizerAa
AIT LIVEAIT LIVE
Search AIT
  • Live TV
  • Politics
  • National News
  • Business
  • Sports
  • Tech
  • Entertainment
  • Global
  • Videos
Follow US

Bamboo Investment: Cross River, French consortium sign agreement

Last updated: February 22, 2022 12:05 am
4 years ago
Share
2 Min Read
Cross River
Bamboo Investment: Cross River, French consortium sign agreement

Cross River State Government and the French Consortium have signed an agreement to invest in the cultivation of bamboo as an alternative to forest wood which can be used for the production of furniture for schools, hospitals, house tiles,ceiling boards, floor tiles, among others.

Speaking shortly after signing the agreement at the Government House Càlabar, Governor Ben Ayade said the project which will start with five hectares of land in Obanliku Local Government Area of the state as a pilot scheme will spread to all the fertile soil in Cross River.

Also Read: Cross River By-Elections: INEC releases guidelines, trains over 1, 900 Adhoc Staff

Ayade expressed the readiness of the Government to provide more lands to cultivate bamboo, stressing that good water-retention soil, modest rainfall and sufficient sunlight are critical factors for its survival which Cross River State has in abundance.

The French investor, Yann Fortunato,said the
cultivation of Bamboo nursery and field transplanting will commence by April, 2022 with multiplier effect to generate employment.

The bamboo project will address the challenges of forest conservation as a source of Climate Change mitigation, while creating employment opportunities for the youths and improve their livelihoods.

Editor: Omor Bazuaye

Share This Article
Facebook Twitter Whatsapp Whatsapp Email Print

RSS APO Group – Africa-Newsroom: latest news releases related to Africa

  • Namibia International Energy Conference Returns in 2026, Exploring Road to First Oil, Partnerships and Investment October 23, 2025
  • Cassava Technologies Secures Investment to Accelerate Growth October 23, 2025
  • Ryanair Launches Record Winter Program: 300,000 Seats to Amman October 23, 2025
  • From Resolution 1325 to real change: Women in Uganda building peace from the ground up October 23, 2025
  • The Walt Disney Company Names Rochelle Knock as Country Head, Sub-Saharan Africa October 23, 2025

Trending

aitlive 9
Breaking: INEC admits glitch in results transmission as Court Reserves Judgement In Atiku’s Petition Against Tinubu, electoral body
2023 Elections Headlines
aitlive 1 19 1
Nigeria Air: MD Confirms Unveiled Aircraft Was Hired Ethiopia Flight
Local
LABOUR PARTY
Breaking: LP And Presidential Candidate, Peter Obi, Get Court Permission To Inspect Forensic Materials
2023 Elections
AIT-IMAGES - US House Republicans
US House Republicans authorize Biden impeachment inquiry
World
PETER OBI
Drama in court as judges order Peter Obi’s legal team to go home
Headlines

Section

  • Headlines
  • Local
  • Business
  • Politics
  • Sports
  • Crime
  • Education
  • Health
  • Entertainment

Programmes

  • Kakaaki
  • Focus Nigeria
  • Democracy Today
  • People Politics and Power
  • News Hour
  • AIT Reports
  • World News
  • Moneyline With Nancy
  • Jigsaw

About Us

  • About AIT
  • Our History
  • Our Awards
  • Our Values
  • Privacy Policy


Follow US
© AIT.LIVE. All Rights Reserved.
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

THE MOST IMPORTANT NEWS HEADLINE AND EVENT OF THE DAY

Subscribe to our mailing list to receive daily news update direct in your inbox!

Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Lost your password?