The Bauchi State Government has signed a Memorandum of Understanding (MoU) with China’s Shandong Minsheng Group to enhance investment in the state’s mineral and agricultural sectors under the Belt and Road Initiative.
The agreement, signed on Tuesday, marks a significant step in Governor Bala Abdulkadir Mohammed’s commitment to fostering economic growth and attracting both local and international investors to Bauchi State.
The MoU was signed on behalf of Shandong Minsheng Group by its General Manager, Mrs. Liu Shana, while the Bauchi State Government was represented by Attorney General and Commissioner for Justice, Hassan El-Yaqoub (SAN), Commissioner for Natural Resources Development, Mohammed Maiwada Bello, and Commissioner for Agriculture, Iliyasu Aliyu Gital.
Governor Mohammed and the Secretary to the State Government, Aminu Hammayo, witnessed the signing ceremony.
The partnership focuses on the exploration of the state’s vast mineral and natural resources, alongside agricultural development, with the goal of boosting revenue and creating employment opportunities.
Speaking at the event, Governor Mohammed expressed appreciation to Shandong Minsheng Group for their commitment to the partnership. He emphasized that, with the collaboration of the federal government, Bauchi State’s untapped resources would be effectively harnessed for economic development.
The agreement is expected to facilitate large-scale investments in mining and agriculture, strengthening Bauchi’s role as a key player in Nigeria’s economic diversification agenda.
