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Bauchi Signs MoU With Chinese Company

by Khalid Idris Doya
6 months ago
in Business
bauchi
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A Memorandum of Understanding (MoU) has been signed between China’s Shandong Minsheng Group and Bauchi State Government as a robust collaboration under the Belt and Road Initiative as part of the state’s efforts to boost its economic and investment landscape.

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The agreement focuses on the exploration of mineral and natural resources, as well as agriculture to enhance development and growth of the state, with the signing observed by Governor Bala Mohammed and the Secretary to the State Government, Aminu Hammayo.

The MoU was formalised by Mrs. Liu Shana, General Manager of Shandong Minsheng Group, while the Bauchi State Government was represented by the Attorney General and Commissioner for Justice, Hassan El-Yaqoub (SAN); the Commissioner for Natural Resources Development, Mohammed Maiwada Bello; and the Commissioner for Agriculture, Iliyasu Aliyu Gital.

Speaking during the signing of MoU, Governor Bala Mohammed expressed gratitude for the partnership, highlighting its potential to unlock the state’s vast mineral wealth, drive agricultural development, generate revenue, and create employment opportunities.

He emphasised that with federal government support, Bauchi State will maximise the benefits of its natural resources for sustainable economic growth.

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On her part, Mrs. Liu Shana described the agreement as a historic milestone, deepening China-Nigeria cooperation and fostering a shared vision of development.

“Today, we witness the birth of the Bauchi-Mingsheng joint venture, an important step in implementing the Belt and Road Initiative and a significant chapter in China-Nigeria relations. This partnership embodies the spirit of mutual benefit and win-win collaboration,” she stated.

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Mrs. Liu Shana recalled that over the past three years, both parties have engaged in extensive consultations, culminating in the agreement. She also recalled that in 2023, Bauchi State and Shandong Minsheng Group exchanged visits, laying the groundwork for agricultural modernisation and mineral development.

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She praised the Bauchi State Government’s proactive approach to investment, transparent policies, and commitment to sustainable development.

According to her, the collaboration aligns with China’s strategy to foster local economic development in Africa while advancing Shandong Minsheng Group’s global expansion. She added that extensive groundwork has already been laid, with feasibility studies conducted on Bauchi’s mineral deposits, agricultural potential, and industrial landscape.

“Shandong Minsheng Group will introduce advanced agricultural technology, improved seed cultivation, and modern mining equipment to enhance productivity while promoting eco-friendly resource extraction.

“The joint venture will provide vocational training, infrastructure development, and public welfare initiatives to uplift local communities,” she added.

The company pledged to operate in full compliance with local laws, respect cultural values, and ensure fair and transparent cooperation.


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