Niger State government has secured an investment worth over N1.094 trillion in the Special Agro-Industrial Processing Zone (SAPZ) from Chinese firms to boost agricultural productivity and make the state a hub for agro-industrial processing.
The commissioner for commerce and investment, Aminu Suleiman Takuma, disclosed this on Satu at the ground-breaking and signing of the project at the Government House in Minna.
He noted that the state was on track to reposition itself as a major player in Nigeria’s agricultural sector, driven by the vision of Governor Mohammed Umaru Bago.
He 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)”.
“This milestone agreement was signed during the recent Forum on China-Africa Cooperation (FOCAC), marking a major breakthrough in the state’s efforts to boost our economy and to create job opportunities for about five thousand women and youths.” he said.