The federal government has expressed its desire to partner Trans Sahara Consortium’s Soybean and Sugar projects’ initiatives to revolutionise agriculture for food security.
The minister of finance and coordinating minister of the economy, Mr. Wale Edun disclosed this yesterday in his Abuja office when he met with a delegation from Trans Sahara Consortium Limited, led by its chairman, Senator Ibrahim Turak, to discuss the consortium’s ambitious soybean and sugar projects.
The projects, designed to 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.
According to a statement that was issued by the finance ministry, the minister described the Trans Sahara Consortium’s initiative as a game-changer for Nigeria’s agricultural sector. “We are committed to supporting innovative projects that drive economic growth, promote food security, and empower Nigerian farmers,” Edun stated.
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.
“This partnership is a significant step towards realising our vision for a prosperous Nigeria.
We will work closely with Trans Sahara Consortium Limited to ensure the successful implementation of these projects,” he said in the statement.
“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 citizens.
“Together, we are sowing the seeds of a brighter future for our nation,” the statement added.
