News Column

Kogi Welcomes Sugar Company Investments

June 30, 2014

Augustine Osayande

KOGI State Governor, Idris Wada, has commended the management of Unicane Industry Limited for establishing a 100 000-metric tonne sugar and ethanol firm in the state.

The governor expressed satisfaction with the level of work on the project located in Jamata, near Lokoja.

Speaking when he received the Chairman of Unicane, Kabiru Shuaibu, in his office in Lokoja, the deputy governor, Yomi Awoniyi, representing Wada, said that he was sure that the company, when operational, would provide job for no fewer than 1 000 indigenes of the state.

He said the state neededed reputable investors who would harness its abundant resources.

He added that the government would continue to encourage investors to come to the state, and urged wealthy indigenes to also invest in the state.

Awoniyi also assured that his administration would assist investors to overcome challenges they may encounter in the course of doing business in the state.

Shuaibu said his company invested in the state because of prevailing peace in the region.

He added that the governor's private sector background also encouraged him to establish the company in the state.

The company's project would be executed in phases.

The ongoing work in the first phase would be completed within I8 months.

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Source: AllAfrica

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