By Daniel Peters
The Federal Government has expressed its desire to partner Trans Sahara Consortium’s Soybean and Sugar Projects’ initiatives to revolutionize the agricultural sector.
Minister of Finance and Coordinating Minister of the Economy, Wale Edun, stated this Monday in Abuja, when he met with a delegation from the Consortium led by its Chairman, Senator Ibrahim Turak, to discuss the Consortium’s Soybean and Sugar Projects.
At the meeting, Edun noted that the projects, designed to significantly boost Nigeria’s agro-industry and address the country’s trade deficit, align with President Bola Ahmed Tinubu’s strategic objectives of enhancing food security and strengthening the agricultural sector.
He described the Consortium’s initiative as a game-changer in Nigeria’s agricultural sector.
“We are committed to supporting innovative projects that drive economic growth, promote food security, and empower Nigerian farmers”.
“The projects will involve the cultivation of 3 million hectares of soybean and the establishment of sugarcane processing plants, aiming to produce millions of tons of sugar for domestic consumption and export”.
According to him, “This partnership is a significant step towards realizing our vision for a prosperous Nigeria. We will work closely with Trans Sahara Consortium Limited to ensure the successful implementation of these projects.”
Edun’s expression of the government’s interest to embark on this groundbreaking partnership with Trans Sahara Consortium, is a reaffirmation of the present administration’s commitment to transforming Nigeria’s agricultural landscape, with the potential to boost food security, reduce trade deficits, and empower local farmers.
“This initiative marks a significant milestone in our journey towards a prosperous Nigeria, even as we look forward to witnessing the tangible impact of this collaboration, fostering economic growth, and improving the lives of millions of the Citizens”.
“Together, we are sowing the seeds of a brighter future for our nation”, Mr Edun remarked.
