BASG, Umza Farms In $100m Joint Agricultural Investment
By; MOHAMMED KAWU, Bauchi
A Nigerian based Agricultural company, Umza International Farming Limited has expressed its willingness to partner with the Bauchi State Government in one hundred million US Dollar investment on Rice and Sugarcane Production.
Chairman of the agricultural firm, Hon. Mohammed Abubakar Maifata disclosed this when he led officials of the company on an advocacy visit to Governor Bala Mohammed at the Council Chamber at the Government House, Bauchi.
According to him, the agricultural firm will provide all the necessary inputs for sugar and rice production in the state while providing opportunity for over three thousand out growers on Umza farms and over five thousand out growers in their own farms.
He said, “Your Excellency, we are here to look at ways of investing in agricultural sector in Bauchi State, as you are aware, we are the biggest Rice Mill in Africa with largest production capacity”.
“We are not only investing in rice, but in other commodities such as oil and sugar. We are ready to expand our operations in various ways for the economic development of Bauchi State”.
Governor Bala Mohammed has while responding said that Bauchi state is blessed with abundant minerals resources, and assured that his administration will work assiduously to ensure all the potentials of the state are exploited no matter their locations.
He explained that his government is ready to provide level playing field for critical stakeholders in the sector to invest in the agricultural sector of the state with a view to raise GDP and ensure compliance with modern techniques in farming.
“We are happy to receive you on behalf of myself, the Government and People of Bauchi State. We in Bauchi, we have a big challenge and we have really come up with a robust agricultural policy and your coming will add impetus to the implementation of our agro policy”.
Mohammed stated, “We have received you with a lot of hope, we will work with you in this important investment. Bauchi is an agricultural state; we also have a lot of solid minerals that need to be harnessed.”
The Governor therefore appealed to authorities concerned on the need to ensure full engagement of Bauchi farmers on the CBN driven interventions in agriculture to enable them benefit for enhanced production.