• Latest
  • Trending
  • All
  • Politics
  • Economy
  • Security
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Opinion
  • Columns
  • Exposé
  • World
  • Lifestyle
German Construction Giant Julius Berger Now Exporter Of Nigerian Cashew Nuts

German Construction Giant Julius Berger Now Exporter Of Nigerian Cashew Nuts

3 years ago
Nigeria: Govt Says Deliberate Policies Boosting Investors’ Confidence In Oil & Gas Sector

Nigeria: Govt Says Deliberate Policies Boosting Investors’ Confidence In Oil & Gas Sector

8 hours ago
US-Based Lawyer Owolabi Salis Becomes First Nigerian To Travel To Space

US-Based Lawyer Owolabi Salis Becomes First Nigerian To Travel To Space

10 hours ago
Liberian President Slain In Coup Receives State Funeral After 45 Years

Liberian President Slain In Coup Receives State Funeral After 45 Years

11 hours ago
US-Africa Summit Wraps Up with Trade and Investment Deals Worth Over $2.5 Billion

US-Africa Summit Wraps Up With Trade And Investment Deals Worth Over $2.5 Billion

11 hours ago
Upset Galore as Big Guns Man City, Inter Milan Exit Club World Cup

Upset Galore as Big Guns Man City, Inter Milan Exit Club World Cup

11 hours ago
Wednesday, July 2, 2025
  • About
  • Privacy Policy
Heritage Times
No Result
View All Result
Translate |
  • Login
  • Politics
    Ivory Coast: AU Court Rejects Gbagbo’s Bid To Seek Re-Election

    Ivory Coast: AU Court Rejects Gbagbo’s Bid To Seek Re-Election

    SA: Crack Widens In Unity Govt As DA Withdraws From National Dialogue

    SA: Crack Widens In Unity Govt As DA Withdraws From National Dialogue

    Cameroon: Influential Minister Resigns, To Challenge President Biya At Polls

    Cameroon: Influential Minister Resigns, To Challenge President Biya At Polls

    U.S.-Africa Business Summit: Washington Denies “Abusive” Tariff Against Africa

    U.S.-Africa Business Summit: Washington Denies “Abusive” Tariff Against Africa

    Uganda: After 39 Years In Office, 80-Year-Old Museveni Seeks Re-Election

    IWD 2023: Women In Media Harp On Importance Of Digital Skills For Female Journalists

    Nigeria: Momentum Builds As Women Journalists Push For Passage Of Special Seat Bill

    Mali’s Military Leader, Goita Meets Putin After Ditching ECOWAS

    Mali’s Military Leader, Goita Meets Putin After Ditching ECOWAS

    WAES2025: Liberian Leader Wants ECOWAS’ Door Open To Junta-led Niger, Mali, Burkina Faso

    WAES2025: Liberian Leader Wants ECOWAS’ Door Open To Junta-led Niger, Mali, Burkina Faso

    Tunisian Court Slams 15-Year Jail Term On Another Opposition Figure

    Tunisian Court Slams 15-Year Jail Term On Another Opposition Figure

  • Economy
    Nigeria: Govt Says Deliberate Policies Boosting Investors’ Confidence In Oil & Gas Sector

    Nigeria: Govt Says Deliberate Policies Boosting Investors’ Confidence In Oil & Gas Sector

    US-Africa Summit Wraps Up with Trade and Investment Deals Worth Over $2.5 Billion

    US-Africa Summit Wraps Up With Trade And Investment Deals Worth Over $2.5 Billion

    S/Africa Introduces $54 Million Incentive To Boost Local Manufacturing Of EVs

    South Africa Secures $474.6 Million Loan From AfDB To Boost Energy Transition

    Celebration Of Excellence: Nigerian Govt Rewards Outstanding Civil Servants With Brand New Cars, House

    Celebration Of Excellence: Nigerian Govt Rewards Outstanding Civil Servants With Brand New Cars, House

    Namibia Sends First AfCFTA Shipment To Nigeria

    Namibia Sends First AfCFTA Shipment To Nigeria

    Afreximbank Shareholders Name Cameroonian George Elombi As New President

    Afreximbank Shareholders Name Cameroonian George Elombi As New President

    Ethiopia Says It Will Not Go To War With Eritrea Over Red Sea Access

    Ethiopia Opens Doors To Foreign Banks, Paving Way For Competition

    Afreximbank Meetings Close With Calls For African Self-Reliance And Hard-Earned Partnerships

    Afreximbank Meetings Close With Calls For African Self-Reliance And Hard-Earned Partnerships

    Nigeria: President Tinubu Signs Tax Reform Bill Into Law

    Nigeria: President Tinubu Signs Tax Reform Bill Into Law

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
  • Politics
    Ivory Coast: AU Court Rejects Gbagbo’s Bid To Seek Re-Election

    Ivory Coast: AU Court Rejects Gbagbo’s Bid To Seek Re-Election

    SA: Crack Widens In Unity Govt As DA Withdraws From National Dialogue

    SA: Crack Widens In Unity Govt As DA Withdraws From National Dialogue

    Cameroon: Influential Minister Resigns, To Challenge President Biya At Polls

    Cameroon: Influential Minister Resigns, To Challenge President Biya At Polls

    U.S.-Africa Business Summit: Washington Denies “Abusive” Tariff Against Africa

    U.S.-Africa Business Summit: Washington Denies “Abusive” Tariff Against Africa

    Uganda: After 39 Years In Office, 80-Year-Old Museveni Seeks Re-Election

    IWD 2023: Women In Media Harp On Importance Of Digital Skills For Female Journalists

    Nigeria: Momentum Builds As Women Journalists Push For Passage Of Special Seat Bill

    Mali’s Military Leader, Goita Meets Putin After Ditching ECOWAS

    Mali’s Military Leader, Goita Meets Putin After Ditching ECOWAS

    WAES2025: Liberian Leader Wants ECOWAS’ Door Open To Junta-led Niger, Mali, Burkina Faso

    WAES2025: Liberian Leader Wants ECOWAS’ Door Open To Junta-led Niger, Mali, Burkina Faso

    Tunisian Court Slams 15-Year Jail Term On Another Opposition Figure

    Tunisian Court Slams 15-Year Jail Term On Another Opposition Figure

  • Economy
    Nigeria: Govt Says Deliberate Policies Boosting Investors’ Confidence In Oil & Gas Sector

    Nigeria: Govt Says Deliberate Policies Boosting Investors’ Confidence In Oil & Gas Sector

    US-Africa Summit Wraps Up with Trade and Investment Deals Worth Over $2.5 Billion

    US-Africa Summit Wraps Up With Trade And Investment Deals Worth Over $2.5 Billion

    S/Africa Introduces $54 Million Incentive To Boost Local Manufacturing Of EVs

    South Africa Secures $474.6 Million Loan From AfDB To Boost Energy Transition

    Celebration Of Excellence: Nigerian Govt Rewards Outstanding Civil Servants With Brand New Cars, House

    Celebration Of Excellence: Nigerian Govt Rewards Outstanding Civil Servants With Brand New Cars, House

    Namibia Sends First AfCFTA Shipment To Nigeria

    Namibia Sends First AfCFTA Shipment To Nigeria

    Afreximbank Shareholders Name Cameroonian George Elombi As New President

    Afreximbank Shareholders Name Cameroonian George Elombi As New President

    Ethiopia Says It Will Not Go To War With Eritrea Over Red Sea Access

    Ethiopia Opens Doors To Foreign Banks, Paving Way For Competition

    Afreximbank Meetings Close With Calls For African Self-Reliance And Hard-Earned Partnerships

    Afreximbank Meetings Close With Calls For African Self-Reliance And Hard-Earned Partnerships

    Nigeria: President Tinubu Signs Tax Reform Bill Into Law

    Nigeria: President Tinubu Signs Tax Reform Bill Into Law

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
No Result
View All Result
First with the News

German Construction Giant Julius Berger Now Exporter Of Nigerian Cashew Nuts

September 14, 2022
in Economy, Top Stories
0
0
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

By Emmanuel Nduka

German construction giants, Julius Berger Nigeria Plc recently commissioned an ultra-modern cashew processing plant in the coastal town of Epe in Lagos State, Nigeria. The commissioning of the facility unearthed excitement, as the project is pitched to support the diversification drive of Nigeria, and provide employment opportunities for hundreds of Nigerians, with thousands of farmers and their households expected to also benefit indirectly from the project.

Relatedreading

Nigeria: Govt Says Deliberate Policies Boosting Investors’ Confidence In Oil & Gas Sector

US-Based Lawyer Owolabi Salis Becomes First Nigerian To Travel To Space

Interestingly, Julius Berger has been singled out over the years as Nigeria’s leading engineering construction company. But the company which is largely known for construction works, is now exploring the enormous agricultural potentials in Nigeria.

The institution of the mega project comes at a time when industry experts have championed calls for diversification of the nation’s economy to enable Government move away from over dependence on crude oil and its proceeds, which in recent times, has begun dwindling owing to activities of oil theft and other factors.

According to the company, the commissioning of the mega project called “Mighty Kashoo”, which is designed to produce 60 tons per day, is a deliberate effort to diversify into the economically significant agricultural industry in addition to its already thriving construction prowess. The move further births the company’s strategic plan to transform into a conglomerate in the nearest future.

Alluding to this, Chairman of Julius Berger’s Board of Directors, Mr. Mutiu Sunmonu in his keynote address during the commissioning, noted that the occasion marked a pivotal moment in the company’s history as they “are ready to succeed and move in the right direction tremendously for Nigeria, our employees and shareholders.”

Recalling the history of the company in Nigeria, he noted that since 1965 when Julius Berger entered Nigeria with the construction of the Eko Bridge in Lagos, it has always represented a high standard trademark with great value chain.

“We have now strategically diversified Julius Berger from being only an engineering construction entity into agricultural produce processing for which we all know Nigerians have a historical antecedent and understandable nostalgia,” Sunmonu said.

Similarlyz Lars Richter, Managing Director of Julius Berger Nigeria Plc, affirmed that by the commissioning of the factory, Julius Berger has inaugurated its first cashew processing plant, marking another significant milestone in the company’s partnering relationship with Nigeria.

“Today we start another milestone in our relationship with Nigeria built from the past into the future,” he said

About Julius Berger Nigeria Plc

Before now, the company has been represented across Nigeria in structural engineering and infrastructure works, and in southern Nigeria through domestic and international oil and gas industry projects.

It is has been involved in the construction of most of Nigeria’s infrastructure, including major expressways and some residential buildings for the Chevron Nigeria headquarters in Lagos. As a company, Julius Berger has been listed on the Nigerian Stock Exchange since 1991.

With an estimated staff strength of up to 18,000 employees drawn from 40 nations and clients from both Nigeria and the global oil and gas industry, Julius Berger’s presence in Nigeria dates back to 1965 when the firm won a tender to construct a N31.2m second mainland bridge In Lagos. The project was a significant civil engineering endeavor as it was the first in the country to be built with pre-stressed concrete. The construction of the bridge was designed in phases with the first phase completed in 1969, and the last phase completed in 1974.

When the Nigerian civil war ended, vehicular and shipping traffic in Lagos State increased and additional road infrastructure such as Eko bridge did little to ease traffic congestion. To ease traffic congestion, the Government awarded Berger additional road construction contracts.

During the said period, the company also undertook other projects in the country. A municipal water works project in Jos awarded by the Government of Benue-Plateau State was the firm’s first construction project outside of Lagos State.

Projects executed in Lagos State at the time included the construction of the Lagos-Badagry expressway, Itoikin-Ikorudu-Epe single carriageway, ring roads and Apapa-Oshodi and Agege Motor Road. The firm was also involved in constructing the 26 mile Lagos to Shagamu portion of Lagos to Ibadan expressway and the Jebba road bridge.

Gradually, the firm trademarked with its big blue B logo, established a reputation in civil engineering works within the country.

Tags: breakingHeritageheritage timesheritagetimesmediaJulius Berger Nigeria PlcLagos State GovernmentlatestMinistry of Agriculturenewsthe heritage timesthtthtafricatop stories
ShareTweetSend
Previous Post

Big Blow For Senegal As Star Player Set To Miss 2022 World Cup 

Next Post

Ghana Inflation Hits 21-year High Of 33.9%

Related Posts

Nigeria: Govt Says Deliberate Policies Boosting Investors’ Confidence In Oil & Gas Sector

Nigeria: Govt Says Deliberate Policies Boosting Investors’ Confidence In Oil & Gas Sector

July 1, 2025
US-Based Lawyer Owolabi Salis Becomes First Nigerian To Travel To Space

US-Based Lawyer Owolabi Salis Becomes First Nigerian To Travel To Space

July 1, 2025

Liberian President Slain In Coup Receives State Funeral After 45 Years

US-Africa Summit Wraps Up With Trade And Investment Deals Worth Over $2.5 Billion

Upset Galore as Big Guns Man City, Inter Milan Exit Club World Cup

Zambia Unveils $100M Solar Power Plant To Tackle Energy Crisis

Next Post
Ghana’s Inflation Drops To 23.5% In First Decline Since August

Ghana Inflation Hits 21-year High Of 33.9%

Please login to join discussion
AfriHeritage Magazine Issue 2 AfriHeritage Magazine Issue 2 AfriHeritage Magazine Issue 2

Updates

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Nigeria: Govt Says Deliberate Policies Boosting Investors’ Confidence In Oil & Gas Sector

Nigeria: Govt Says Deliberate Policies Boosting Investors’ Confidence In Oil & Gas Sector

July 1, 2025
US-Based Lawyer Owolabi Salis Becomes First Nigerian To Travel To Space

US-Based Lawyer Owolabi Salis Becomes First Nigerian To Travel To Space

July 1, 2025
Liberian President Slain In Coup Receives State Funeral After 45 Years

Liberian President Slain In Coup Receives State Funeral After 45 Years

July 1, 2025
US-Africa Summit Wraps Up with Trade and Investment Deals Worth Over $2.5 Billion

US-Africa Summit Wraps Up With Trade And Investment Deals Worth Over $2.5 Billion

July 1, 2025
JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia
ADVERTISEMENT

Most Recent

Nigeria: Govt Says Deliberate Policies Boosting Investors’ Confidence In Oil & Gas Sector

July 1, 2025

US-Based Lawyer Owolabi Salis Becomes First Nigerian To Travel To Space

July 1, 2025

Liberian President Slain In Coup Receives State Funeral After 45 Years

July 1, 2025

US-Africa Summit Wraps Up With Trade And Investment Deals Worth Over $2.5 Billion

July 1, 2025

Upset Galore as Big Guns Man City, Inter Milan Exit Club World Cup

July 1, 2025

Zambia Unveils $100M Solar Power Plant To Tackle Energy Crisis

July 1, 2025

South Africa Secures $474.6 Million Loan From AfDB To Boost Energy Transition

July 1, 2025

Trump Demands Probe Of Subsidies Offered To Musk’s Firms

July 1, 2025

About

Heritage Times HT stands as a beacon of pan-African journalism, dedicated to amplyfing the rich tapestry of voices and narratives across the continent. With unwavering commitment, we illuminate the evocative essence of Africa, offering a fresh perspective that captivates our global audience.

Featured

From Hope To Fear: Kenya Joins East Africa’s Crackdown On Free Expression

AfDB Set For A New President, As Ould Tah Gains Continental Endorsement

How Dangote Is Turning Trump’s Trade War Into Africa’s Opportunity

Connect

Connect with us on social media and receive timely updates on the go.

Get Updates

  • About
  • Privacy Policy

© 2024 Heritage Times (HT) Media.

No Result
View All Result
  • Welcome
  • Politics
  • Economy
  • Security
  • Exposé
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Columns
    • Opinion
  • World
  • __________________
  • Make a Donation
  • Photo Speaks
  • Videos
  • You-Report
  • Whistleblower
  • Advertise
  • HT Events
  • About HT
  • Contact us

© 2024 Heritage Times (HT) Media.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In