Chinese investors to build rice and wheat factory in Bauchi state

- Foreign investors keep pouring into Nigeria from different continents

- Bauchi state is set to benefit from one of the investors

- Asian company, Lee Group is set to invest heavily in the northeastern state

Asian company, Lee Group, have indicated interest to partner with the Bauchi government in order to build a rice and wheat factory in the state.

This is following successful discussion involving a joint team of both state officials and the investing team after a site inspection tour.

Lee Group tour Bauchi state, set to build rice and wheat factory

One of the officials of the Lee Group making a point to an official during the tour. Photo credit: Bauchi state government

Alhaji Aminu Musa, Director General Bauchi State Investment Promotion Agency represented the governor and led the team to sites in Zaki, Itas/Gadau and Jama’are areas of the state.

NAIJ.com gathered that the investing team was impressed with the quality of the terrain including the physical and chemical qualities of the over 60,000 hectares of land.

Bauchi state is blessed with a lot of quality land for farming. Photo credit: Bauchi state govrnment

Lee Group indicated its readiness to set up a wheat and rice processing plant with a capacity of 100,000MT per annum.

Governor Abubakar have been working hard to attract heavy local and foreign investment to the Bauchi state.

Another official of Lee Group, inspecting the land alongside other government officials. Photo credit: Bauchi state government

The state government through its Investment Promotion Agency have been implementing strategies to attract investors to the state, especially in the agricultural, mining and tourism sectors.

The success of such moves is expected to have a multiplier effect on the state, expand the revenue pool, and bring down unemployment.

Meanwhile, Governor Atiku Bagudu of Kebbi, on Tuesday, January 23, said the state government was making arrangements to establish 1,000 pastoralists’ settlements to curtail the recurring clash between farmers and herdsmen.

The governor made the disclosure while presenting the N151 billion 2018 proposed budget to the state’s House of Assembly in Birnin Kebbi.

He said the settlements would be provided with water, animal feed, land and other amenities.

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