By Muhammad B Muhammad – Yola
The National Sugar Development Council (NSDC) has handed over the prefeasibity Studies of Mayo Inne potential Sugar productions investment of over N100billion in Fufore LGA of Adamawa State to the co-investor, Legacy Sugar Company Nigeria Limited.
The Selection of the Legacy Sugar was informed by the level of competence and professionalism and the seriousness shown by the company to key into both the federal and Adamawa state governments’ agenda of bringing development and employment opportunities to the teaming population.
At the ceremony that was held at the Sugar House in Abuja last Friday, the Director Technical Services of NSDC, Mr Salihu BKK and that of Policy Planning, Research & Statistics Alh Babangida Abba Damare handed over the prefeasibility studies to the Chairman/CEO of the company Mr Abubakar Buba Isa .
The Chairman and Chief Executive Officer of Legacy Sugar Company Nigeria limited, Alhaji Abubakar Isa Shafani says the Mayo Inne project would set up a 5000 TCD tones of cane par day when the production work on the site is completed.
“There will be generation of 30 megawatts of electricity which will place Adamawa state among states that produce electricity and also a state that has ethanol distillery(refinery), ” he revealed.
Alhaji Shafani added that the Mayo Inne project would also promote self sufficiency in sugar production and sugar value chain in Nigeria as well as provide about 20,000 both direct and indirect jobs which will reduce restiveness among youths as well as increase wealth creation in Adamawa and the nation as a whole.
“With this gigantic project, I can tell you that industrialisation of Adamawa is sacrosanct. This is because it will improve the Internally Generated Revenue (IGR) base and Gross Domestic Product (GDP) of the state, ” Alhaji Shafani assured.
Sahel Reporters observed that this multi billion naira project of Mayo Inne Sugar Production was coming into Adamawa state at a time when the administration of Governor Ahmadu Umaru Fintiri has been creating enabling environment for investors to come into the state.
The Governor upon his assumption into office in May, 2019 has made efforts towards redefining the security architecture in Adamawa by stemming the tide of security and providing necessary infrastructure that will make businesses to thrive across the state.
The efforts can be seen in the areas of construction of flyover and grade interchange in Yola as well as rural and urban roads spread across the nooks and crannies of Adamawa in addition to improving electricity and connecting areas without power to the national grid.
Governor Umaru Fintiri has stated in many fora that his adminstration will improve the socioeconomic living condition of the people and transform Adamawa into a tourist and economic hub of the country so that the next generation will have something to proud of.