Chinese investors to inject $1bn into Nigeria’s sugar industry

The National Sugar Development Council has signed a Memorandum of Understanding with Chinese conglomerate, SINOMACH, for a sugarcane cultivation and processing project that aims to produce up to one million metric tonnes of sugar annually in Nigeria. According to a statement on Sunday, the agreement, a product of the Nigeria-China Strategic Partnership initiated by President

Read More

Read More

Check Also

New NNPCL boss targets 3m barrels daily, $60bn investment by 2030

The new Group Chief Executive Officer of NNPC Ltd, Mr Bayo Ojulari, has met with …

Leave a Reply

Your email address will not be published. Required fields are marked *