Ellah Lakes Plc , an integrated agro-industrial company led by Nigerian executive Chuka Mordi, has unveiled plans to raise N235 billion 163.4 million via public offer in a move to fund its expansion across over 30,000 hectares of farmland in Enugu, Edo, Ekiti, and Ondo states.
Ellah Lakes sets bold growth path
Speaking at a recent briefing in Lagos, Mordi said the offer represents the next phase of growth for the company and its ambition to build one of West Africas strongest indigenous agribusiness groups. He described the capital raise as a deliberate step toward boosting capacity and creating long-term value for shareholders.