Nasarawa State has signed a Memorandum of Understanding (MoU) with Azman Group Nigeria for development of an integrated rice mill and farm project in the state.
Gov. Abdullahi Sule said in Lafia at the signing ceremony that the partnership was in fulfillment of his promise of opening the state to investors, creating wealth and job opportunities.
“Nasarawa is predominantly an agrarian state. We support local farmers with fertilisers and other inputs and bring major commercial farmers that will create more opportunity in the agricultural sector,” Sule said.
The governor said that the project would cover 12,400 hectares of land located at Umaisha, Toto Local Government Area of the state.
He said that Azman group, a private firm had agreed to pay N372 million at N30, 000 per hectare as compensation to land owners for the 45 years lease period.
Sule said that to pay compensation, the government was currently working on identifying the genuine land owners in the local communities to avoid paying compensation to the wrong people.
“We want to also ensure that compensation is paid fully before the commencement of the project,’’ he said.
Alhaji Umar Abdulmunaf, the Group Managing Director of the company expressed satisfaction with the government and people of the state for the partnership.
Abdulmunaf said that the decision to invest in the state was borne out of disposition of the governor to create enabling environment for investment and zeal to provide jobs for youths.
He assured that his company would bring modern technology in rice production, milling and exploration of its value chain to the state.