Close Menu
    What's Trending

    Tinubu confirms ISIS commander killed in Nigeria-US operation

    Tinubu returns to Lagos after three-nation visit

    Police extradite Nigerian cyber fraud suspect to US

    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    Nexter News Nigeria
    • News
    • Politics

      2027: Nasarawa/Toto stakeholders to rally round Faisal Shuaib’s senatorial ambition

      May 15, 2026

      Atiku submits ADC nomination form, says ‘it’s time to save Nigeria’

      May 14, 2026

      Opposition faults Tinubu’s economic reforms over worsening hardship

      May 14, 2026

      Onanuga knocks Obi’s one-term presidency promise

      May 14, 2026

      Makinde declares presidential ambition on APM platform

      May 14, 2026
    • Business

      Nigeria’s inflation rate rises to 15.6%

      May 15, 2026

      COWA president to lead “walk for a greener Nigeria” climate advocacy campaign in Abuja

      May 13, 2026

      Software launched to reshape business record-keeping systems

      March 14, 2026

      Nasarawa agency secures $1b investment in 2025

      February 26, 2026

      AI, robotics threaten existing jobs, businesses, Don warns

      November 28, 2025
    • Sports
    • Features
    • Agriculture
    • Nexter Media
      • NEXTER Radio/FM
      • NEXTER TV
      • Podcast
    Nexter News Nigeria
    Home»Business & Economy»Niger, Turkey partner on $2 billion soya beans supply
    Business & Economy

    Niger, Turkey partner on $2 billion soya beans supply

    nmkdjBy nmkdjOctober 1, 2024No Comments2 Mins Read
    Share WhatsApp Telegram Facebook Twitter LinkedIn Copy Link
    Follow Us
    Facebook Instagram
    Share
    WhatsApp Telegram Facebook Twitter LinkedIn Copy Link

    Niger State Government has entered partnership with Direkci Group, a company from Turkey for the production and off taking of Soya beans in the state for 10 years by the company valued at $2 billion.

    Governor Mohammed Umaru Bago stated this in a statement issued by his Chief Press Secretary Bologi Ibrahim in Minna. 

    He said, ” the 10-year partnership, which will cost $200 million per year and $2 billion for the 10 years period, is under the Niger Foods, and is expected to boost agriculture in the State, create job opportunities and improve the economic status of local farmers”.

    The governor described the collaboration as a game-changer for the state, adding that, “we are confident it will significantly reduce unemployment and boost food security in the state and the country in general “.

    While appreciating the Turkish Government for the willingness to invest in the state, the  governor explained that the state government is equally willing to partner with Turkey in other areas beyond agriculture.

    He explained that the signing of the Memorandum of Understanding ( MoU) has been done by the Chairman, Niger Foods, Sammy Adigun, who disclosed that the Turkish firm Direkci Group, will off-take 500,000 tonnes of soya bean each year for 10 years that the agreement will last.

    According to Adigun, “the agreement would empower local farmers by providing them with seeds, fertilizers and ensure guaranteed market for their produce”. 

     The chairman explained that the Turkish firm is also investing in a 100,000 hectare Green House project with cold chain facility at the agro processing Zone with an annual output of about 160,000 tonnes of fruits and vegetables such as tomatoes and pepper among others.

    “The group will also established a total of 2.5 million chicken production poultry facility including egg and feed mills production in two phases. In addition, the Company would establish 30,000 hectares of soya beans farms with irrigation systems in Adunu, Paikoro local government area of the State”.

    Share. WhatsApp Telegram Facebook Twitter LinkedIn Email Copy Link
    Previous ArticleConstitution Review: Senators divided over proposed return to regional govt
    Next Article Medical Tourism: Africa loses 2.4 trillion dollars annually
    nmkdj
    • Website

    Related Posts

    Nigeria’s inflation rate rises to 15.6%

    May 15, 2026

    COWA president to lead “walk for a greener Nigeria” climate advocacy campaign in Abuja

    May 13, 2026

    Software launched to reshape business record-keeping systems

    March 14, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Advertisement
    Latest Posts

    Tinubu confirms ISIS commander killed in Nigeria-US operation

    Tinubu returns to Lagos after three-nation visit

    Police extradite Nigerian cyber fraud suspect to US

    Police dismiss officers over kidnapping, robbery in Rivers

    Trending Posts

    Nigeria’s inflation rate rises to 15.6%

    May 15, 2026

    COWA president to lead “walk for a greener Nigeria” climate advocacy campaign in Abuja

    May 13, 2026

    Software launched to reshape business record-keeping systems

    March 14, 2026

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    © 2026 Nexter News
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.