The federal government has expressed its desire to partner Trans Sahara Consortium’s soybean and sugar projects’ initiative, saying it was a game-changer for Nigeria’s agricultural sector.
The projects would involve the cultivation of three million hectares of soybean and the establishment of sugarcane processing plants, targeted at producing millions of tons of sugar for domestic consumption and export.
Minister of Finance and Coordinating Minister of the Economy, Wale Edun, disclosed this, yesterday, in Abuja, when he met with a delegation from Trans Sahara Consortium Limited.
The delegation led by its Chairman, Senator Ibrahim Tura, visited the minister to discuss the Consortium’s ambitious soybean and sugar projects.
According to a statement by the Director, Information and Public Relations Ministry of Finance, Mohammed Manga, the projects, designed to significantly boost Nigeria’s agro-industry and address the country’s trade deficit, align with President Bola Tinubu’s strategic objectives of enhancing food security and strengthening the agricultural sector.