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The Nexus
BUSINESSJul 17 · 09:10 UTCPREMIUM TIMES NIGERIAOmotoyosi Idowu

BOI to channel 70% of €85m EIB facility to drive Nigeria’s cocoa, dairy sectors

The Board of Investment (BOI) will allocate 70% of an €85 million European Investment Bank (EIB) facility to boost Nigeria's cocoa and dairy sectors. The initiative aims to increase local cocoa processing, expand chocolate manufacturing, and develop indigenous brands for international competition.

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