Abubakar Usman, Secretary to the State administration, has announced that the Niger state government is committed to pioneering agricultural reform and acting as an example for other governments in Nigeria.
He stated that with the $684 million (N1.094 trillion) investment from Chinese firms China Overseas Engineering Group Company Limited, COVEC, and China Railway Engineering Corporation, CREC, the state is on the verge of establishing itself as a beacon for agro-industrial processing, increasing productivity and food security.
Speaking after signing the deal in Minna, Usman stated that the decision demonstrates the Niger State government’s resolve to establish itself as a significant participant in Nigeria’s agricultural industry.
According to him:
“With the support of COVEC and CREC, Niger State is not only poised to become a model for agricultural transformation in Nigeria but will attract significant investments from local and international partners.”
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Aminu Suleiman Takuma, Commissioner for Commerce and Investment, also characterized the agreement as a significant step forward in the state’s economic development efforts.
Takuma said:
“We have taken a significant step towards transforming the agricultural sector through a partnership with Chinese investors and have secured an investment worth $684 million (N1.094 trillion) in the Special Agro-Industrial Processing Zone, SAPZ, from China Overseas Engineering Group Company Limited, COVEC, and China Railway Engineering Corporation, CREC.”
He went on to say that the state had previously met with the African Development Bank team, as well as COVEC and CREC, to discuss the SAPZ development’s implementation plan, which will help convert agriculture into an internationally competitive industry in Africa.
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cc: Daily Post Ng
