The Yobe State Government in partnership with Egyptian investors, is to establish a meat processing plant in Damaturu, the state capital.
The Egyptian Company, Messrs Los Amigos was to strengthen agreements to harness the agricultural resources and increase value chains in the livestock sector.
Unfolding the new meat processing plant, at the weekend (Friday), in Damaturu, the Commissioner of Commerce, Barma Shettima, disclosed: “The Egyptian partners are here today to conclude agreements to site the meat processing plant in the state capital.”
He added that the memorandum of understanding (MoU) on the meat project was part of measures to strengthen agreements to establish the company.
While briefing Governor Mai Mala Buni, Shettima said that; Halal El-Ghor of Los Amigos, is in Damaturu to highlight the derivable economic value chains in the livestock sector.
He noted that the Egyptian investment partners; are to brief the Governor on the meat project’s financing and ownership structures.
According to him, the execution of the meat processing plant; was to optimize the livestock potentials in the state.
“The implementation time frame for this Damaturu meat plant; has already been set by El-Ghor,” he said,
Buni, therefore, expressed optimism that the project will turn around the economic fortunes of the state government and its citizens.
“We’re strategically positioned with the economic comparative advantages in livestock production for domestic consumption and exports to earn foreign exchange,” he said.
He, therefore, urged the Egyptian partners to focus and ensure a smooth implementation process for a win-win scenario in the livestock sector of the economy.
The steering committee on the meat processing project include the Chief of Staff to the Governor, Abdullahi Gashua, the Principal Personal Secretary to the Governor, Alhaji Liman Ibrahim, Dr. Idrissa Madaki and Hamza Saidu.
