A delegation from Trans Sahara Consortium Limited, led by its Chairman, Senator Ibrahim Saminu Turaki, met with the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, on Friday to present the Consortium’s ambitious Soybean and Sugar Projects.
These projects, according to a statement on X by the Federal Ministry of Finance, are designed to significantly boost Nigeria’s agricultural productivity and address the country’s trade deficit by increasing soybean yields, scaling up production volumes, and expanding sugar production capacity.
During the meeting, Wale Edun expressed his enthusiasm for the partnership, highlighting that it aligns with President Tinubu’s strategic objectives of enhancing food security and strengthening the agricultural sector.
He acknowledged the projects’ potential to make a transformative impact on Nigeria’s economy through innovation and large-scale farming.
With a focus on driving sustainable food production in Nigeria, the Consortium plans to launch large-scale initiatives, including the cultivation of 3 million hectares of soybean and the establishment of processing plants for sugarcane, aiming to produce millions of tons of sugar for both domestic consumption and export.
