The Niger State Government has successfully secured a substantial investment of $684 million for its special agro-industrial processing zone from two prominent Chinese companies: China Overseas Engineering Group Company Limited (COVEC) and China Railway Engineering Corporation (CREC).
The landmark agreements, signed in China, are poised to revolutionise agriculture, ensure food security, and significantly enhance the investment landscape in Niger State. This collaboration is expected to generate thousands of jobs and foster socio-economic growth and development within the state.
In a press statement released in Minna, the governor's spokesman, Mr. Bologi Ibrahim, conveyed the state government's enthusiasm under the leadership of Governor Mohammed Umaru Bago. The administration expressed confidence that the partnership with COVEC and CREC will yield the desired outcomes.
These agreements underscore the current administration's dedication to creating a favourable environment for investments and partnerships, aligning with the New Niger agenda.
The Secretary to the Niger State Government (SSG), Alh. Abubakar Usman, signed on behalf of the state, while the President of COVEC and a representative from CREC signed for their respective organisations.