The Africa’s richest businessman, Aliko Dangote has pledged to invest 217 billion Naira on sugar processing in Nasarawa State.
Aliko Dangote made the pledge when he visited the governor in Lafia, to discuss the outlook of the investment.
According to Dangote, the sugar processing plant which is to be cited in Tunga village of Awe Local Government Area of the state will occupy 60,000 hectares of land and will take off in less than 30 months.
He explained to the Governor that the plant will be the largest in the world and will produce 480,000 tonnes of sugar, which is 27 percent of Nigeria’s total consumption.
He said the project is targeted at employing over 40,000 people which includes 10,000 out growers who will be given inputs and all necessary equipment.
Aliko Dangote also said he is hopeful that the investment will improve lots of host community as primary and secondary schools will be built, those existing will be refurbished, welfare of the teachers will be taken care of, provision of water, electricity and an equipped hospital among other benefits.
He further expressed optimism that the investment will improve the Internally Generated Revenue of the state asides other benefits.
“Once you have light, people will be able to generate their livelihood and they won’t mind paying their taxes if they are making money”
“So the revenue of the government will increase and their will be quite a lot of activities, the employment will be over 30,000.
“This project will cost about 700 million Dollars, this is going to be the largest sugar plantation in West Africa”, he said.
The state is also to benefit from 50 megawatts of power which will be generated from the bagasse of the husks of sugar canes which will in-turn woo other investors.
Responding, the governor expressed happiness with the development which he said will turn around the fortunes of the state.
He then assured him of his safety and necessary support.
“We assure you of absolute and total cooperation in carrying the activities. Nasarawa state is going to ensure full fledged security networks that will give your workers the opportunity to work without any hindrances, any fear or any tribulations”
“I want to assure you that we will do anything we can to ensure that this seed of wealth that you have planting in Nasarawa state will germinate and expand the scope of our prosperity, wealth and well being”,the governor said.
See also: Naira gains, trades at 455/dollar
Startup Nigeria Incubation Program 2018 – How to Apply And Get free funding to your Business
Startup Nigeria Incubation Program 2018 – Here is a page will give you the full details and guidelines on how to apply for the 2018 Startup Nigeria Incubation Program. This is a great opportunity you will never like to miss out.
Startup Nigeria is an intervention of the National Social Investment Program (NSIP) under the Office of the Vice President of the Federal Republic of Nigeria as part of the program to support private sector innovation hubs for the strategic increase of entrepreneurial and technological capacity across Nigeria.
Tecno Camon X Price, Full Specification And All You Need To Know About Tecno Camon X
Tecno Camon X -This is to inform the general public and all lovers of Tecno phones that Tecno Mobile, the Honk-Kong based OEM has launch an upgrade to Tecno Camon CX. The upgrade is called Tecno Camon X. As we all know, phones in the Camon series are well-known for their amazing camera functioning. In this post, you will get the full specification, price and all you need to know about the Camon X for free.
Federal Scholarship Board BEA Undergraduate And Postgraduate Scholarship Award 2018/2019 – Apply Now
Federal Scholarship Board BEA Undergraduate And Postgraduate Scholarship Award 2018/2019 – The Honourable Minister of Education (HME), Mallam Adamu Adamu, hereby invites interested and qualified Nigerians to participate in the 2018/2019 Nomination Interview for Bilateral Education Agreement (BEA) Scholarship Award for:
Education6 months ago
Nigerian Maritime University 2018/2019 Admission Screening Form And Guide
Jobs Vacancy7 months ago
Apply For Federal Teachers Scheme (FTS) Recruitment 2018-2019
Scholarships6 months ago
Shell SPDC JV Scholarship List Of Successful Candidates 2018
Education9 months ago
NNPC/Total Scholarship List of Successful Candidates 2017/2018 – Check Here
Jobs Vacancy5 months ago
NDDC Maritime Training 2018 Application Form And How To Apply Online
Jobs Vacancy1 month ago
Nigerian Airforce Dssc Recruitment 2018/2019 Form – (NAF) Special DSSC Enlistment
Jobs Vacancy6 months ago
N-Power 2018 Posting, Deployment & Payment Of Verified Applicants
Education1 year ago
N-power: Guide on How to Apply for the Npower Device Collection Via NPVN Portal