In line with its commitment to develop a thriving agro-industrial sector, the Federal Government will welcome partnerships and initiatives that would make Nigeria actualize its potential of being the food basket of the world, according to Vice President Yemi Osinbajo, SAN.

The Vice President stated this on Tuesday when he received a delegation of Chinese investors and officials from the African Development Bank (AfDB), at the Presidential Villa. According to Prof. Osinbajo, “I think that Nigeria is a place where there is tremendous opportunity. We have the 9th largest arable land in the world and most of that is still largely untouched. “We have a tremendous potential of being the food basket of the world but a lot of that will depend on how we are able to get high quality inputs, seedling and others, and how we are able to use technology especially the benefits of industrial agriculture to our advantage. Referring to the interest of the Chinese investors in the agro-allied sector, the VP noted that “we believe very strongly that this partnership is the one that will deliver the kind of growth, the kind of quantum leap we are looking forward to. We think that with your partnership with us, especially the agro-allied aspect of it, if it works very well, we can achieve a lot.” Continuing, Prof. Osinbajo said “this is the reason why we are engaging at this (presidential) level of government alongside the AfDB, to ensure that our investors have no trouble at all in being able to operate their businesses and do their businesses efficiently.” The Chinese investors are in the country at the instance of the African Development Bank to commence the processes of investing in Nigeria’s agricultural sector under an initiative known as the Agro-Industrial initiative with focus on crop production, forestry, fishery, and livestock production.

Speaking earlier, Prof. Zhao Zhihai, the leader of the Chinese delegation, said a consortium of Chinese investors were committed to the development of Nigeria’s agro-processing zones and especially the agro-allied sector. In his own remarks, Prof. Oyebanji Oyelaran-Oyeyinka, the head of the AfDB team at the meeting, said the framework of the initiative is to develop a programme that leverages Nigeria’s comparative advantage in key areas of agricultural production. According to him, “the overall investment, under the initiative, amounts to between $16 billion to $25 billion over a period of four years with a strong government support and private sector leadership.”

Read more at: https://www.vanguardngr.com/2019/08/nigeria-is-on-the-way-to-becoming-global-food-basket-says-osinbajo/
Cc:mynd44

With cow shiits.

Isn't it the same Nigeria that we are still in?

The way these people tell lies...

Osinbajo, why the fvck you lying?

This Pastor should leave us wig ball these lies. Even with GEJ's most transparent policy anchored by Adesanya which made fertilizer gets to the farmers at the cheapest cost, it was still a problem feeding all Nigerians.

Now that you don't even have any fertilizer at such ridiculous rate, we want to feed the world? May ve RUGA.

Pastor, the Bible you used sometimes ago which say lying is a sin hasn't change though you have.

IMO Nigeria has the potentials if fully tapped

Who listens to this lying pastor anymore?

VP, you are mad..

Since this man is now known as an international liar, I reserve my comment.

Which state will produce the food basket? Now that everybody is afraid of going to farm, because of headsmen? Oh nigeria, indeed there was a country.

Look at these yeye people. Na Lie Muhammed will know before, but now there's another lie pastor called LIE Osinbajo. At your age...

This man that is now an international liar, I reserve my comment.

Osibande! Osibande! Osibande! How many times I call u now?