Kaduna State Governor Uba Sani has performed the groundbreaking for the construction of the $50 million soya bean oil refining plant by Sunagrow International Oil Ltd at Kutungare, Igabi Local Government of the state.
The governor made this known in a post he shared on his social media handles on Monday.
According to Governor Sani, “When completed, the $50m Soya Bean Oil Refining Plant will have a production capacity of 500,000 litres per day.
“It will also contribute to the economic development of Kaduna and Nigeria by creating thousands of direct and indirect jobs at various skill levels, from agricultural laborers to skilled technicians and engineers for the refinery operations.
“The establishment of this soya bean extraction and refinery project will enable the addition of value to agricultural products by processing them into higher-value products such as soya oil and meal, thus increasing the income potential for farmers.
“The Sunagrow 50-million-dollar oil plant will have economic multiplier effect, and create opportunities for local businesses to supply raw materials, services, and support activities to the company. This will in turn improve our local economy.
“Similarly, there will be transfer of technology and technical know-how related to soya extraction and refinery processes, leading to the development of local expertise in the field.
“On behalf of the good people of Kaduna state, I want to thank the management of Sunagrow International Oil Ltd, for sighting such huge investment in our state.
“I urge the management to equally invest in community development initiatives in areas of education, healthcare, and social welfare programs, and adopt oil extraction methods that are environmentally friendly.
“I call on other investors to avail themselves of the huge opportunities in Kaduna State, especially in agriculture, renewable energy, infrastructure, mining, manufacturing, transportation, ICT, and tourism. We offer very attractive incentives.
“We extend not just an invitation, but a steadfast guarantee that their investments in Kaduna State will be nurtured by a robust policy framework and unwavering support.”
