₦airaland Forum

The N500 billion Produce-For-Lagos Fund

Governor of Lagos State, Mr @jidesanwoolu today launched the Produce for Lagos Programme and the ₦500billion Offtake Guarantee Fund, an initiative of the State Government aimed at boosting food security, reducing imports, and enhancing agricultural productivity across Nigeria.

This initiative will be implemented through the Lagos Food Systems Infrastructure Company (LAFSINCO) and supported by key Special Purpose Vehicles like the Lagos Bulk Trading Company, Ekolog (Eko Logistics), and the Produce for Lagos Fund.

This ₦500 Billion Offtake Guarantee Fund will provide working capital for bulk traders, finance for logistics operators, liquidity for aggregators, and credit support for food producers across Nigeria.
 
This fund is not a subsidy; it is an investment vehicle that will catalyse private capital, stabilise food prices, and de-risk agricultural operations across the value chain.

#ProduceForLagos
#LagosFoodSecurity
#GreaterLagosRising

iwaeda:
Owo election to distribute, the effect of ADC is glaring now, panick everywhere..

CodeTemplarr:
Just name and no details? How does it work? Qhat is it about exactly?

Lanrelagboi:
https://x.com/Mr_JAGs/status/1948077615912251795?t=EySIiOmSRmZIwOyozsipyg&s=19[/quote]If the LAKE rice project with Kebbi state failed like every government initiative in ebilokan’s 26 years lootocracy master plan, then why should we be excited about this new project

EdifiedCEO:
Today, Lagos signed an MoU with Kebbi State and San Carlos Group on the upgrade of the Rice Mill in Imota.

http://www.newshelm.com/2016/06/photos-lagos-signsan-mou-with-kebbi.html

NameChecker:
I almost believed the viability of this project then I saw the face of two Yahoo boys
If you know you know

iwaeda:
Owo election to distribute, the effect of ADC is glaring now, panick everywhere..

Factcheck0001:
so it was ADC that made them do railway n co?

70 year old man

Lanrelagboi:
Governor of Lagos State, Mr Babajide Sanwo-Olu today launched the Produce for Lagos Programme and the ₦500billion Offtake Guarantee Fund, an initiative of the State Government aimed at boosting food security, reducing imports, and enhancing agricultural productivity across Nigeria.

">https://x.com/Mr_JAGs/status/1948077615912251795?t=EySIiOmSRmZIwOyozsipyg&s=19[/quote] Lagos always in the news for good reasons……may God continue to bless our land as we continue to stride for greatness. Btw proudly lagos

iwaeda:
Owo election to distribute, the effect of ADC is glaring now, panick everywhere..

Lanrelagboi:
Governor of Lagos State, Mr Babajide Sanwo-Olu today launched the Produce for Lagos Programme and the ₦500billion Offtake Guarantee Fund, an initiative of the State Government aimed at boosting food security, reducing imports, and enhancing agricultural productivity across Nigeria.

https://x.com/Mr_JAGs/status/1948077615912251795?t=EySIiOmSRmZIwOyozsipyg&s=19[/quote]These only exist on paper and Photopanorama in the end it will never translate to the common man having evidence of the outcome of this event on his or her table

ProudlyLagos:
Lagos always in the news for good reasons……may God continue to bless our land as we continue to stride for greatness. Btw proudly lagos

Eriokanmi:
Election is approaching again lol. The next one would be 4th mainland bridge and lekki airport as we've been seeing since 1999 in 3D. Those who wouid fall for it as usual are already on ground

omoredia:
All these one na story. As long as corruption is the life blood of Lagos state no value will be created. Value doesn't exist with corruption