Nigeria: Gov. Bago strikes $5bn sugar deal to transform Niger economy — Africa Links 24

Gov. Muhammed Bago of Niger says the five billion dollars Memorandum of Understanding, MoU, signed by the Niger Foods and Uttam Sucrotech International Ltd. will transform the economy of the state.

Mr Bago said this during the signing of the MoU by the Niger Foods and Uttam Sucrotech International Ltd., a consortium of Brazilian and Indian sugar value chain experts, on Nov. 20 in Rio de Janeiro, Brazil.

He said the deal was targeted at developing 250,000 hectares of sugarcane field and…