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Yobe Partners Russian Firm On Gas-Powered Plant For Agro-Industrial Zone

LEADERSHIP News by LEADERSHIP News
3 weeks ago
in News
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The Yobe State Government has commenced discussions with a Russian investment company, Legion Investment Moscow, over the establishment of a gas-powered electricity generation plant to provide reliable and sustainable power for the state’s Agro-Industrial Zone.

A statement issued by the director general Press Affairs and Media to the Governor, Alhaji Mamman Mohammed said, the development followed a courtesy visit by a delegation of the Russian company to Governor Mai Mala Buni on Monday, ahead of technical engagements and field inspection of proposed project sites.

The delegation, led by Mr Leonid Khasiev, included the company’s Technical Consultant, Mr Rasim Azimov.
Khasiev said the team was in Yobe on an investment and technical assessment mission aimed at determining the feasibility and requirements for the proposed power project.

He said the delegation would inspect the proposed sites, assess the technical and investment requirements and engage relevant government authorities on the proposed energy solution for the Agro-Industrial Zone.

The proposed gas-powered plant is expected to provide a stable and dependable electricity supply for agro-processing, manufacturing, storage, cold-chain facilities and other businesses expected to operate within the zone.

Speaking during the visit, Governor Buni said the proposed partnership clearly demonstrated the state government’s commitment to attracting international investors and strategic technical partners to support its development priorities.

Buni expressed appreciation to Legion Investment Moscow for its interest in Yobe, saying the government looked forward to constructive engagements that could contribute to the realisation of the Agro-Industrial Zone.

He said the initiative had the potential to create jobs, promote value addition, stimulate industrial development and increase investment in the state’s agricultural sector.

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“Yobe State remains committed to building strategic partnerships that will unlock the economic potential of its agricultural resources and position the state as an attractive destination for agro-industrial investment,” Buni said.
The proposed energy project forms part of the state government’s broader efforts to transform agriculture from predominantly primary production into an integrated value chain covering production, aggregation, processing, storage, logistics and market access.

The engagement with the Russian firm is expected to continue through technical discussions and site assessments to determine the feasibility, investment requirements and implementation framework for the proposed gas-powered plant.

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