Labarai
Niger, Dangote Conclude Plans on N148bn Sugar Factory
Niger State government and the Dangote Group have concluded plans for the takeoff of a N148 billion ($450m) sugar factory in the state, just as the state government has assured investors of a conducive environment for their investments.
The state governor, Alhaji Abubakar Sani Bello, represented by his deputy, Ahmad Muhammad Ketso, stated this at a meeting held at the Estu Nupe’s palace, Bida, between officials of Dangote Industries and representatives of Jima-Nupeko villages in Lavun and Mokwa local government areas of the state – the host community – for the proposed sugar factor, to seal the deal.
Dangote Industries has so far indicated interest to acquire 16,000 hectares of land for sugar cane farming and sugar production in the state.
According to him, one major way to create employment opportunities for youths is by wooing investors and development partners into the state.
Bello appealed to other investors, especially those in agriculture and agroallied industries to cash in on the state’s comparative advantage and the various economic incentives being offered by the government for investments in the state.