In a significant development, the Niger State Government has secured a $684 million investment in its Special Agro-Industrial Processing Zone from two prominent Chinese firms, China Overseas Engineering Group Company Limited (COVEC) and China Railway Engineering Corporation (CREC).
The Chief Press Secretary to the State Governor, Bologi Ibrahim made this known in a statement issued on Thursday.
The agreements, signed in China, aim to revolutionize agriculture in the state, ensuring food security and advancing Niger State’s investment prospects.
The initiatives are expected to generate thousands of jobs and foster socio-economic growth.
Niger State Governor Mohammed Bago expressed enthusiasm about the agreements, underscoring the administration’s commitment to creating an investment-friendly environment.
The deals were formalized by the Secretary to the State Government, Abubakar Usman, alongside representatives from COVEC and CREC.
