• Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
Saturday, April 18, 2026
  • Login
No Result
View All Result
NEWSLETTER
Elanza News
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
No Result
View All Result
Elanza News
Home News

Bauchi Govt Sets Sights on $200 Million Agro-Investment Deal

Nathaniel Irobi by Nathaniel Irobi
March 5, 2026
in News
0
Bauchi Govt Sets Sights on $200 Million Agro-Investment Deal
0
SHARES
6
VIEWS
FacebookTwitterWhatsappEmailTelegram

Governor Bala Mohammed has reaffirmed his administration’s commitment to meeting all international requirements necessary to secure a proposed $200 million agro-industrial investment.

The investment is supported by the Islamic Development Bank and other development partners.

RelatedPosts

Jukun Youths Rally for Peace as Wukari Hosts Landmark Cultural Day

Hajj: Group Demands NAHCON Committee Over Animal Sacrifice Scams

Iran Shuts Hormuz Strait, Blames US

Mr Mohammed gave the assurance while receiving officials of the Special Agro-Industrial Processing Zones mission on a courtesy visit on Thursday in Bauchi.

The visit focused on strengthening collaboration to boost agricultural productivity and accelerate agro-industrial development in the state.

He expressed confidence that the state would meet all appraisal and compliance standards required by the international financiers.

According to the governor, Bauchi has strengthened its engineering, technical, and feasibility teams to ensure that all project documentation aligns with global standards used by institutions such as the World Bank and the African Development Bank.

He described agriculture as the backbone of Bauchi’s economy, citing Bauchi’s vast arable land and comparative advantage in crops such as rice, cassava and sesame.

The governor added that the state already hosted some of the largest rice mills in the region and continued to attract investors by providing land and incentives.

Mr Mohammed noted, however, that though the state produces large quantities of sesame exported through neighbouring states to international markets, it has yet to fully capture the value chain benefits.

He stressed the need to transition from subsistence farming to mechanised, science-driven agriculture, anchored in strong private-sector participation.

ALSO READ:  Troops Reclaim 529 Rustled Livestock From Terrorists in Katsina

Chuma Ezedinma, SAPZ mission team lead, said the bank planned on co-financing a $200 million investment project across eight states, subject to the fulfilment of key regulatory and documentation requirements.

He explained that the project had been classified as a category one initiative, requiring the state to publish its Environmental and Social Impact Assessment reports at least 120 days before presentation to the bank’s board.

Mr Ezedinma added that the visit formed part of a pre-appraisal mission to review documentation and guide the state on compliance ahead of the expected board consideration before the third quarter of 2026.

(NAN)

Tags: Agro-InvestmentBauchi
Previous Post

FCT Declares War on Examination Malpractice

Next Post

Dogara Hails Obasanjo At 89, Celebrates Enduring Legacy

Nathaniel Irobi

Nathaniel Irobi

Related Posts

Jukun Youths Rally for Peace as Wukari Hosts Landmark Cultural Day

Jukun Youths Rally for Peace as Wukari Hosts Landmark Cultural Day

by Nathaniel Irobi
April 18, 2026
0

  Thousands gathered at the Aku Uka’s Palace in Wukari on Friday for the 2026 Jukun Youth Day, a grand...

Hajj: Group Demands NAHCON Committee Over Animal Sacrifice Scams

Hajj: Group Demands NAHCON Committee Over Animal Sacrifice Scams

by Nathaniel Irobi
April 18, 2026
0

A faith-based civil society organisation, the Independent Hajj Reporters (IHR), has called on the National Hajj Commission of Nigeria (NAHCON)...

Iran Reopens Strait of Hormuz Under Ceasefire Deal

Iran Shuts Hormuz Strait, Blames US

by Nathaniel Irobi
April 18, 2026
0

Tensions in the Middle East escalated sharply on Saturday as Iran announced the closure of the Strait of Hormuz, blaming...

Next Post
Dogara Hails Obasanjo At 89, Celebrates Enduring Legacy

Dogara Hails Obasanjo At 89, Celebrates Enduring Legacy

Court Freezes Bank Accounts Linked to Ex-NNPCL GMD, Kyari, over suspicious Transactions

Senate Calls Former NNPCL Management to Account for N210 Trillion Financial Anomaly

Recommended

Social and Political Critic Rates Halims High

Social and Political Critic Rates Halims High

4 days ago
NERC Orders TCN to Slash Transmission Losses to 6.5%, Unveils New Mini-Grid Rules

NERC Orders TCN to Slash Transmission Losses to 6.5%, Unveils New Mini-Grid Rules

5 days ago

Popular News

  • Residents flee as flood ravages 10 communities in Kebbi – NEMA

    Residents flee as flood ravages 10 communities in Kebbi – NEMA

    0 shares
    Share 0 Tweet 0
  • Urban Smart Farming Initiative Targets 10 Million Yams for Nigeria

    0 shares
    Share 0 Tweet 0
  • Arewa youths demand immortalisation of late Sharia court registrar Musa

    0 shares
    Share 0 Tweet 0
  • BREAKING: ICPC Rearrests El-Rufai, Returns Him to Custody

    0 shares
    Share 0 Tweet 0
  • Speaker Abbas’ Aide, Gaiya, Defects to ADC, Declares Kaduna-South Senate Ambition

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Instagram Twitter Youtube
Elanza logo

Elanza News is your NO 1 online platform for all news update.
#SayNoToFakeNews
Contact Us

Category

  • Arts & Literature (25)
  • Business (828)
  • Education (269)
  • Entertainment (358)
  • Health (244)
  • National (3,259)
  • News (10,107)
  • Opinion (426)
  • Politics (2,061)
  • Science (15)
  • Security (419)
  • Sports (681)

Newsletter

© 2023 Elanza News - The No 1 online news platform

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Politics
  • Business
  • Science
  • National
  • Entertainment
  • Sports
  • Health

© 2023 Elanza News - The No 1 online news platform