Nassarawa State Government has signed a Memorandum of Understanding (MoU) which officially hands over 20,450 hectares of land to facilitate sugarcane production and sugar processing in the state.
Specifically, a $300 million initial investment, to be executed by Flour Mills Nigeria, is expected to develop up to 15,000 hectares of sugarcane, and to construct a state-of-the-art sugar mill that would boost Nigeria’s drive for self-sufficiency with local production.
Sited at Umaisha Development Area, in Toto Local Government of the state, the project would include land preparation, surveys and initial designs, and it is expected to start immediately.
In his address during the ceremony held at the Nassarawa State Liaison Office in Asokoro, Abuja, Governor Abdullahi Sule said the project was in line with the state government’s resolve to create employment for the teeming unemployed citizens.
Governor Sule further assured of top-notch security for the investors at the virgin land, with the military as well as a paramilitary presence at the area already earmarked for access roads, electrification projects, primary healthcare, educational facilities and expanded youth job opportunities to benefit neighbouring communities.
Also in his address, the Group Managing Director (GMD), Mr Boye Olusanya, said the multimillion-dollar investment in Nassarawa would be the firm’s contribution to ensuring Nigeria’s food security by expanding its commitment to the development of the sugar value chain.
The GMD said the company was geared up for work in the state, adding that: “We will be seeing land preparations, including surveys, soil tests and preliminary construction works in anticipation of the commencement of operations during the course of the year.”
Olusanya said the firm was also committed to the success of the country’s National Sugar Master plan, among other programmes, to ensure that Nigeria takes its rightful place in the global sugar industry.