- Three Ace Technology has pledged $30 million to establish a 150-megawatt solar power station in Gombe state.
- Sonia Foods and Beverages is investing over $15 million to develop a large-scale tomato processing plant and farming operations.
Gombe State is set to experience a transformative economic boost with two significant investments totalling USD$45 million, focusing on agriculture and renewable energy. These new ventures are expected to significantly enhance the state’s industrial landscape and create thousands of job opportunities.
Three Ace Technology, a renewable energy firm, has pledged $30 million to establish a 150-megawatt solar power station in the state. Spearheaded by President Ambassador Samson Bolarin and Managing Director Joseph Adereti, this project will harness Gombe’s favourable solar conditions and supportive business environment. The solar power station will also feature a data centre and a skill training facility, generating 2,000 jobs for the local youth and further supporting the state’s renewable energy ambitions.
In a complementary development, Sonia Foods and Beverages, a leading name in the food and beverage sector, is investing over $15 million to develop a large-scale tomato processing plant and farming operations within the Muhammadu Buhari Industrial Park. Covering a 10-hectare site, this project is anticipated to be Nigeria’s largest single Agro-project upon completion. The initiative will create around 30,000 direct and indirect jobs, underscoring the substantial impact on local employment and agricultural development.
Both companies have inspected their respective project sites and expressed confidence in the Muhammadu Buhari Industrial Park’s facilities, indicating readiness to commence operations as soon as final approvals are completed. This alignment with Gombe’s infrastructure and business-friendly atmosphere is expected to drive substantial economic growth and enhance the state’s global standing.
Deputy Governor Dr. Manassah Daniel Jatau welcomed these investments, highlighting Gombe’s strategic advantages, including its infrastructure, fertile land, and ongoing improvements to local facilities. He assured investors of the state government’s full support, including providing additional land and continued upgrades to essential services.
The interim chairman of the Muhammadu Buhari Industrial Park, Alhaji Bashir Nuhu, promised robust support to the new investors, noting that the park’s completed Phase One, Sector One, is well-equipped to accommodate a range of industries.
Facilitated by Mercy Corps, these investments underscore Gombe State’s favourable business climate and its leading position in ease of doing business in Nigeria. The combined $45 million influx into agriculture and green energy is poised to bolster Gombe’s economic development significantly, align with Governor Muhammadu Inuwa Yahaya’s vision, and position the state as a burgeoning economic and commercial hub.