x

Sugar council, Kogi Govt to invest the sum of $350m in sugar production

By Labaran Tijani

National Sugar Development Council (NSDC), in partnership with Kogi State Government is set to invest the sum of $350m into sugar production in the State.

The leader of the delegation from NSDC, Alhaji Salihu Bkeke made this known in Lokoja on Thursday when he led a team of some foreign investors to pay courtesy visit to Governor Yahaya Bello, in Government House.

Alhaji Bkeke said the National Sugar Development Council is being saddled with the responsibility of making Nigeria self sufficient in sugar production, stressing that they have discovered great potentials in the sugarcane production in Oguma, a community in Bassa Local Government Area of the state.

“Kogi state government I must say is agricultural friendly. We have a masterplan with a roadmap on possible ways of achieving this fit. Based on the roadmap we have in place, we look for potential sugar growing states, and Kogi State is one of the best states so far with such opportunities from the feasibility studies done.

According to the Council having discovered Kogi State as one of the state’s with such potentials, NSDC took it upon themselves to seek investors who could come invest in the state and make the dream project a reality.

He explained further that the Council already has two investors, BUA Group and CONTEC Global who are willing to invest into the project, adding that the investors will be needing large portion of land where the projects will be sited.

“As a Council we will assist in every way possible to see that the project take off. On the part of the government land will be needed, access roads, compensation will be given where necessary. The investors are willing to invest, community social responsibility will be accorded priority” he stressed.

Speaking, the Project Director of CONTEC Global, Dr. Sashi Mozumder said his team was in Dekina and Bassa two years ago to collect samples which was studied and turned out to be suitable for the project ,adding that the opportunity will assist the state in the production of Bio fertiliser, animal feed, petro chemical production and others.

“If the state is ready to add any other projects, we are willing and open for discussions. We will ensure a win win for everyone involved, the government, the groups and the host communities” he said.

In his remarks, Governor Yahaya Bello said his administration since assumption in office keyed into the three cardinal points of President Muhammudu Buhari in the areas of security, fighting corruption, reviving and revamping the economy through agricultural revolution.

Governor Bello said any serious government will do everything possible to secure lives, and create job opportunities, adding that the state was blessed with vast arable land fertile enough for various agricultural produce.

“Kogi is fast becoming a hub for investment. We have a deliberate policy here, we ensure we learn from previous mistakes. Your invest will be safe in our state, fill free, because Kogi is safe from criminals.

” With the various efforts my administration is putting in place, Kogi will soon begin to export all forms of agricultural products and I assure of huge returns in few years from your investment” he said.

Hot this week

FCTA, Finland to Partner on Smart City, Waste Management Solutions

By Joyce Remi BabayejuThe Federal Capital Territory (FCT) Administration...

Nasarawa Govt Denies Alleged Sule–Atiku Meeting, Slams Report as Fabrication

From Abel Zwanke, LafiaThe Nasarawa State Government has dismissed...

High Court Sacks Sado, Reinstates Akemokue as Okuokpellagbe of Okpella

An Edo State High Court, Agenebode Division sitting in...

FRSC Launches Easter Patrol, Warns Against Speeding and Overloading

The Federal Road Safety Corps (FRSC) has commenced its...

China, Pakistan Unveil Five-Point Initiative for Peace in Gulf and Middle East

China, Pakistan Unveil Five-Point Initiative for Peace in Gulf...

Kaduna Labour Threatens Strike Over Delayed Salary Adjustments

The Joint Negotiating Council (JNC) in Kaduna State has...

Kaduna APC Denies Endorsing Preferred Candidates Ahead of 2027 Elections

The All Progressives Congress (APC) in Kaduna State has...

NYA Urges Leaders to Adopt People-Centred Approach Amid National Challenges

The National Youth Alliance (NYA) has called on political...

Youth Group Calls for Nationwide Protests, Urges Action on Political, Economic Challenges

The National Youth Alliance (NYA) has called for nationwide...

CACOL Criticises National Assembly Over Loan Approvals, Demands Transparency

The Centre for Anti-Corruption and Open Leadership (CACOL) has...

China, Pakistan Unveil Five-Point Initiative for Peace in Gulf and Middle East

China, Pakistan Unveil Five-Point Initiative for Peace in Gulf...

Wike Targets May Completion of Abuja Road Projects for Tinubu’s Anniversary

By Joyce Remi BabayejuThe Minister of the Federal Capital...

NIPSS, NTDA to Partner on Advancing Nigeria’s Tourism Sector

By Joyce Remi BabayejuParticipants of the Senior Executive Course...

Related Articles

Popular Categories

spot_imgspot_img