Investors have the opportunity to get involved in the production of gum arabic in Sokoto State, situated in north-west Nigeria.
Investment Opportunity
Gum arabic is a substance taken from a drought resistant tree known as acacia senegal. It is used for the making of gum, binders, paints, pharmaceuticals and various other products. Sokoto State has large areas of land that can be used to cultivate crops and very suitable climatic conditions for gum arabic.
High returns are possible on gum arabic because of its export potential.
Incentives
The Sokoto State Government is offering the following incentives to serious investors:
The federal government is also offering a number of incentives for investment in agriculture and agri-processing.
Investors interested in this opportunity should contact:
Sokoto State Investment Promotion Committee
Contact: Dr Buhari Bello Kware
Email: infonigeria@gan.co.za
