Benue Investment Promotion Agency

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Benue Investment Promotion Agency BENIPA exists to initiate, promote, facilitate, and coordinate investment in Benue State through Gree

PRESS RELEASEBENIPA, BACT PARTNER TO TURN BENUE’S CULTURAL AND TOURISM ASSETS INTO INVESTMENT, JOBSAgencies move to buil...
09/10/2026

PRESS RELEASE

BENIPA, BACT PARTNER TO TURN BENUE’S CULTURAL AND TOURISM ASSETS INTO INVESTMENT, JOBS

Agencies move to build a pipeline around hospitality, cultural experiences, creative enterprise and tourism destinations

The Benue Investment Promotion Agency, BENIPA, and the Benue State Bureau for Arts, Culture and Tourism, BACT, have agreed to deepen collaboration aimed at turning more of Benue’s cultural heritage, tourism destinations, hospitality assets and creative talent into commercially credible opportunities that can attract investment, create jobs and increase visitor spending in the State.

The agreement followed a successful working visit by BENIPA’s management, led by its Founding Executive Secretary/CEO, Dr. Terhemen Johnpaul Kpenkaan, to BACT, where the team was received by the Director-General, Dr Shadrack Ukuma.

Dr Kpenkaan said the opportunity goes beyond promoting tourist sites or organising cultural events. The bigger task, he said, is to build a functioning Benue Visitor Economy in which more people and businesses earn whenever someone visits the State.

“When somebody comes to Benue and spends a night here, that value should reach beyond the hotel reception. The farmer supplying the kitchen, the driver, craft maker, performer, fashion designer, caterer, photographer, event organiser and young entrepreneur should all have an opportunity to earn from that visit.”

He said this approach aligns with the development aspirations of His Excellency, Fr. Hyacinth Iormem Alia, particularly the Benue State Government 's 10-year Development Plan 2025–2034, which seeks to unlock the State’s human and natural endowments through enterprise, investment, resource mobilisation and stronger private-sector participation.

Dr Kpenkaan pointed to several opportunities that could be developed more deliberately.

He cited the potential to reposition A’nger beyond its cultural significance into a premium Benue fashion and heritage proposition built around authentic weaving, contemporary design, local value addition and stronger market access.

He also highlighted Kwagh-hir and other Benue cultural performances and festivals, noting the opportunity to preserve their authenticity while professionally packaging selected experiences for contemporary Nigerian and international audiences through performances, festivals, exhibitions, digital content and cultural tourism.

In tourism, he pointed to the need for structured assessment of destinations such as Ikyogen for possible eco-tourism, recreation and destination development, subject to environmental, community, land and commercial considerations.

Dr Kpenkaan also drew attention to the untapped potential of the River Benue waterfront in Makurdi.

“We have a great river running through our capital. It should not only be something we cross from one side of Makurdi to another. Properly planned, and subject to the necessary environmental, safety and commercial assessments, it can become part of the experience of visiting the city.”

He said opportunities could potentially emerge around waterfront leisure, food and beverage, recreation, entertainment, cultural programming and hospitality.

On hospitality, the BENIPA Executive Secretary said revitalising major assets such as the Sheraton Hotel complex in Makurdi, subject to proper legal, commercial and asset assessment, could strengthen the city’s capacity for conferences, investment meetings, exhibitions, cultural festivals, sporting events and business tourism.

According to him, these opportunities should not be developed in isolation.

“That is what we mean by a visitor economy. We are not looking at a hotel, a cultural performance, a textile, a riverfront or a tourism destination as separate ideas. We are asking how they can work together to give people reasons to come to Benue, reasons to stay longer, and opportunities for Benue people to earn from every additional day they stay.”

Dr Kpenkaan stressed that BACT remains the sector custodian, responsible for determining what Benue should preserve, promote and develop in arts, culture and tourism, while BENIPA will support the investment-development side of suitable opportunities.

“BACT owns the sector purpose. BENIPA helps build the commercial pathway.”

He added that investment promotion must remain evidence-led.

“An asset does not become investable merely because Government owns it, and an investor does not become suitable merely because it expresses interest. We must first understand the asset, the market, the investment requirement, the risks and the public interest before determining the appropriate transaction.”

BENIPA proposed the development of a Benue Tourism, Hospitality, Culture and Creative Economy Investment Pipeline, beginning with a small number of priority opportunities that can be screened and prepared for possible private-sector participation.

Responding, BACT Director-General, Dr Shadrack Ukuma, welcomed the initiative and expressed the Bureau’s commitment to working closely with BENIPA to unlock greater investment and economic value across the sector.

Dr Ukuma described the collaboration as a positive development and affirmed BACT’s readiness to work with BENIPA in identifying and developing credible opportunities across arts, culture, tourism and hospitality.

The engagement marks a shift from simply identifying Benue’s cultural and tourism potential towards the more practical task of preparing opportunities that can attract credible investors, strengthen enterprises, preserve the State’s cultural identity and create measurable economic value for its people.

PRESS RELEASEBENIPA, STI MINISTRY MOVE TO TAKE BENUE INNOVATIONS FROM IDEAS TO INDUSTRYPartnership to help researchers, ...
07/10/2026

PRESS RELEASE

BENIPA, STI MINISTRY MOVE TO TAKE BENUE INNOVATIONS FROM IDEAS TO INDUSTRY

Partnership to help researchers, fabricators and innovators turn viable technologies into businesses, investment and jobs

The Investment Promotion Agency, BENIPA, and the Ministry of Science, Technology and Innovation are strengthening their collaboration to help promising research, inventions, and technologies in Benue move beyond laboratories and exhibitions into commercially viable businesses.

The Founding Executive Secretary/CEO of BENIPA, Dr. Terhemen Johnpaul Kpenkaan, made this known when he led the Agency’s management team on a strategic engagement with the Honourable Commissioner for Science, Technology and Innovation, Hon. Angwa Egbe Monday.

Dr Kpenkaan said Benue already has researchers, students, artisans, fabricators and innovators producing useful ideas and technologies, but many struggle to cross the gap between invention and the market.

“A young fabricator may develop a useful agricultural machine, but without testing, certification, finance and access to customers, that invention may never become a business. A researcher may have a good technology, but it will not create jobs until somebody can manufacture it, finance it, buy it and scale it,” he said.

He stressed that Science, Technology and Innovation should be at the heart of Benue’s industrialisation agenda.

According to him, while the State’s Industrialisation Policy provides direction and Industrial Parks provide locations for production, STI must provide the technology, technical skills, research, testing, fabrication and productivity that make industries competitive.

“Industrial parks are not only about land and factory buildings. They need technology, testing, fabrication, product development, technical skills, clean energy and research. That is why Science, Technology and Innovation must be an enabling pillar of Benue’s industrialisation drive.”

Dr Kpenkaan emphasised that the Ministry remains the policy and technical lead for Science, Technology and Innovation in Benue State, while BENIPA’s role is to support the investment and commercialisation side of viable opportunities.

“Your Ministry should determine Benue’s science and technology priorities. BENIPA would help convert the commercially viable ones into businesses, transactions and capital.”

He said the partnership fits BENIPA’s statutory mandate to facilitate investment, mobilise private capital, develop investment opportunities, coordinate PPPs and support the commercialisation of viable State assets and projects.

By the end of 2025, he noted, BENIPA had facilitated approximately US$4.55 billion in investment commitments and advanced 12 major PPP and structured investment transactions that are at different stages of development.

Dr Kpenkaan identified five areas where the Ministry and BENIPA could begin building commercially credible opportunities: agri-tech; light engineering and fabrication; research commercialisation; productive-use and clean-energy technology; and innovation infrastructure and enterprise services.
He said the objective should not be to force every public project into a PPP, but to identify the right model for each opportunity.

“Some technologies may be suitable for private enterprise, licensing, joint ventures or investment. Others may require grants or public funding because they create important social value but are not commercially viable. Our responsibility is to make that distinction clearly.”

He proposed closer collaboration to identify the Ministry’s priority projects, technologies, research outputs, innovations and relevant assets, screen their commercial potential, and determine which could be developed for investment and financing.

“The Ministry holds the technical possibilities, while BENIPA brings investment and transaction discipline. Together, we can help move ideas from the laboratory to the market, from prototypes to businesses, and from innovation to jobs.”

Responding, the Honourable Commissioner for Science, Technology and Innovation, Hon. Angwa Egbe Monday, welcomed the BENIPA delegation and expressed the Ministry’s readiness to partner with the Agency.

He said the administration of Governor Fr. Hyacinth Iormem Alia was committed to ensuring that Science, Technology and Innovation plays a stronger role in the State’s economic development and expressed confidence that collaboration with BENIPA could help open new opportunities for commercialisation, investment and enterprise development.

The engagement sets the stage for both institutions to work together to identify and develop a screened pipeline of STI projects and technologies capable of attracting partners, capital, and markets, while creating practical economic opportunities for the people of Benue State.

Today, the Board, Management and Staff of BENIPA celebrate our Executive Secretary/CEO, Dr Terhemen Johnpaul Kpenkaan.Th...
04/10/2026

Today, the Board, Management and Staff of BENIPA celebrate our Executive Secretary/CEO, Dr Terhemen Johnpaul Kpenkaan.

Thank you for your leadership and commitment to opening new opportunities for investment and enterprise in Benue State. We wish you good health, fulfilment and continued success in the year ahead.

Happy birthday, Sir!

7th September, 2026National Food City Complex PPP Signing Ceremony
07/09/2026

7th September, 2026
National Food City Complex PPP Signing Ceremony

  ENGAGES   ON  Benue farmers do not only need to produce more. They need a system that preserves, processes, finances a...
30/07/2026

ENGAGES ON

Benue farmers do not only need to produce more. They need a system that preserves, processes, finances and connects what they produce to reliable markets.

This was the central focus as the Executive Secretary/CEO of the Benue Investment Promotion Agency, Dr. Terhemen Johnpaul Kpenkaan, presented the Benue Rural Enterprise and Agro-Processing Programme, , to the Deutsche Gesellschaft für Internationale Zusammenarbeit, .

BENREAP is being developed to address one of the biggest weaknesses in Benue’s agricultural economy: the informal and fragmented structure through which produce moves from the farm to the market.

The programme seeks to organise farmers and cooperatives, strengthen aggregation and storage, support agro-processing, improve access to finance, introduce appropriate technologies and build structured off-take arrangements that can make agricultural value chains more investible.

The team expressed delight at ’s initiative to take a more deliberate role in structuring the informal agricultural sector into viable and investable value chains. They noted the potential of the programme to reduce post-harvest losses, strengthen rural enterprises and make a significant contribution to food security.

Discussions also explored possible areas of technical collaboration, including programme design, value-chain development, SME and cooperative commercialisation, market linkages, access to finance, technology adoption, women and youth enterprise support, and the preparation of investor-ready projects.

The next step is to define priority areas of collaboration and develop a practical pathway for the design and pilot implementation of .

Under the leadership of His Excellency, Rev. Fr. Hyacinth Iormem Alia, the Benue State Government is creating the enabling environment required to move the State from primary production to value addition, enterprise growth and sustainable job creation.

For , the measure of success is simple: more of what the Benue farmer produces must reach the market, earn better value and support viable enterprises and jobs.

From raw materials to products. From products to enterprises. From enterprises to jobs.

29/07/2026
FROM THE LABORATORY TO THE MARKET: BENIPA EXPLORES UNIPOD’S COMMERCIAL POTENTIALAs part of efforts to address post-harve...
24/07/2026

FROM THE LABORATORY TO THE MARKET: BENIPA EXPLORES UNIPOD’S COMMERCIAL POTENTIAL

As part of efforts to address post-harvest losses through the Benue Enterprise and Rural Agro-Processing Programme , the Executive Secretary/CEO of , Dr. Terhemen Johnpaul Kpenkaan, led a team on an inspection visit to the University Innovation Pod, , at Rev. Fr. Moses Orshio Adasu University, Makurdi .

The Centre, established by in partnership with the Benue State Government, houses facilities for agro-processing, fabrication, renewable energy, automotive training, digital design, 3D printing, textiles, woodwork and the creative economy.

One of the most promising innovations inspected was a locally fabricated freeze-drying machine designed to preserve fruits and agricultural produce. Imagine the impact this has on our perishable crops.

For the Benue farmer, this could mean produce lasting longer, fewer distress sales and improved income. For processors and , it could create opportunities in dried fruits, vegetables, spices, packaging and other value-added products.

But technology creates impact only when it is properly deployed, commercialised and connected to users.

’s role is to help build that connection.

The Agency is exploring how ’s facilities and technologies can be linked to farmers, young innovators, SMEs, investors, financial institutions and markets. This includes possible collaboration with , the Benue Fashion Hub, the Technology Incubation Centre and other relevant institutions.

To unlock ’s full potential, the next phase should focus on practical enablers. These include reliable power, improved access, adequate workspace, formal commissioning, stronger institutional partnerships and a clear commercialisation framework.

These are not merely operational gaps. They are investment-enabling priorities that can determine whether valuable equipment remains underutilised or becomes a platform for enterprise development, technology adoption and job creation.

Under the leadership of His Excellency, Rev. Fr. Hyacinth Iormem Alia, the Benue State Government continues to strengthen the connection between skills, innovation, agriculture and private investment.

will work with relevant stakeholders to: assess the commercial potential of priority technologies, support SME adoption and enterprise incubation, package viable opportunities for investors and financiers, strengthen market and institutional linkages.

Our objective is clear: research must solve problems, technology must reach people, and innovation must create enterprises and jobs.

Which UNIPOD technology should be prioritised first for commercial deployment in Benue?

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