Niger government signs MoU with Union Bank to boost Agriculture

Published 2023년 12월 22일

Tridge summary

The Niger State Government signed a Memorandum of Understanding with Tropical General Investment, represented by Union Bank, for the supply of sesame seeds, soya beans, maize and paddy rice. Governor Umaru Bago sees the agreement as historic and hopes it will create a value chain for agricultural produce. The State has invested 100 million euros in a Sun-Farm initiative for sustainable, solar-powered farming.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Chairman of Niger Food Security Systems and Log Limited Mr Sammy Adigun and the Special Adviser to the Governor on Special Duties, Dr Murtala Bagana signed on behalf of the State Government while the Director, of Tropical General Investment Sadiq Kassim, signed on behalf of Union Bank. The MoU is for the supply of sesame seeds, soya beans, maize and paddy rice by the Niger State Government, to Tropical General Investment, owners of Union Bank. Governor Umaru Bago described the agreement as historic, he hopes that it would allow the State to create a lot of value chain from the production, cropping to processing of other agricultural produce. He reassured that the State will meet the supply needs of the Tropical General Investment as contained in the agreement and expressed hope for a continuous partnership with the Financial Institution. He further disclosed that 100 Million Euros have been invested into ...

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