Vice President Yemi Osinbajo, SAN says Nigeria is on its way to becoming the global food basket, this he said is in line with its commitment to develop a thriving agro-industrial sector.

He said the Federal Government will welcome partnerships and initiatives that would make Nigeria actualize its potential of being the food basket of the world.

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.”

Source: https://www.chronicle.ng/2019/08/nigeria-en-route-to-becoming-global-food-basket-osinbajo/

this juju fake pastor chuning out lies again. with all the insecurity,banditry farmers herders clash,the maladministration going on? Nigeria has never had it bad like this. This is the worst .

Dreaming is allowed.

When Fulani Jihadists herdsmen littered the farmlands seeking who to kidnap and kill with the support of BuhariApC, how then can we be global food basket??

Ride on Pastor... at least u try.

Lying Pastor.

Unlearned SAN.

Sorry-bum Professor.

Shame of a Yoruba Elder.

Lies our leaders have been telling us for decades, "we are on our way to becoming this or that" but the opposite is usually what we experience while we are becoming better at doing evil.
Anyway I'm still hopeful and I still believe in a better Nigeria that is corruption-free, the journey might be slow, I don't when but I believe we still get there, someday, somehow because of the action and activities of few patriotic nigerians

This pastor lie pass Satan himself

Ok, on its way abi. And nigeria will remain on its way until you leave office. Akpa amu.