Bauchi governor targets $200 million agro-industrial investment

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.
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.
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)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

Hot news Home top
Over 150 dead, hundreds missing as massive flash flood hits Nepal-Tibet
The embassy also warned U.S. citizens to avoid the affected areas.

Abuja
‘Vote APC or leave Kuje’: Shekwolo says comment aimed at promoting ‘development’
Human rights organisation Amnesty International strongly condemned Mr Shekwolo’s threat.Â

Africa
CAR, DRC, Uganda, Congo, South Sudan commit to stop Bundibugyo Ebola spread
The countries made the agreement in Bangui, C.A.R., on Wednesday.Â

Heading 5
Jackrich writes Tinubu, seeks urgent implementation of Senate resolution on 2,000 amnesty slots for Egberipapa campÂ
According to the petition, the Senate committee conducted legislative hearings on the matter.

States
Troops rescue two kidnap victims in Plateau
He said the operation was conducted on Tuesday at about 9:00 a.m.Â

Hot news Home top
Subsidy: Atiku confused, spewing ignorance; inflation not driven solely by petrol prices, presidency fires back
The former vice-president contested but lost to Mr Tinubu in 2023.Â






