Bauchi State Government has signed a $864 million agreement with an American investment company to produce cement at its Gwana Cement Factory.
The investment is worth n2billion.
Governor Bala Mohammed, made this known at the opening ceremony of a three-day special retreat for the FCT Minister’s press corps in Bauchi.
He also announced the signing of a memorandum of understanding for the execution of Kujuru Solar Power Project at $100million, with the Kuwait government for an investment of up to $200million.
Also, the State Government has entered into an agreement with family homes funds for the provision of 2,500 housing units to be distributed across the state at the total cost of n15 billion.