Osinbajo says Nigeria is capable of being world’s food basket
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Osinbajo says Nigeria is capable of being world’s food basket

- Vice President Yemi Osinbajo has said that Nigeria is capable of being the world's food basket

- Osinbajo said that this will depend on how Nigerians are able to get high quality inputs, seedling among others

- The vice president also said that this will depend on how the federal government is able to use technology to bring about the benefits of industrial agriculture

Vice President Yemi Osinbajo has said the federal government will welcome partnerships and initiatives that will make Nigeria actualise its potential of being the food basket of the world.

Osinbajo’s spokesman, Laolu Akande, in a statement, said the vice president stated this while receiving a delegation of Chinese investors and officials from the African Development Bank (AfDB) at the Presidential Villa, Abuja, on Tuesday, August 6.

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The News Agency of Nigeria (NAN) reports that the Chinese investors are in the country at the instance of AfDB, to commence the processes of investing in Nigeria’s agricultural sector under an Agro-industrial initiative.

NAN also reports that the focus is on crop production, forestry, fishery, and livestock production. Osinbajo said that the federal government was committed to developing a thriving agro-industrial sector

“Nigeria is a place where there is tremendous opportunity; we have the ninth 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.

“It will also depend on how we are able to use technology, especially the benefits of industrial agriculture to our advantage.

“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.

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“This is why we are engaging you 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,” he said.

Meanwhile, Legit.ng reported that Osinbajo had said that the future national prosperity would be consummated by the handshake between the business environment, talents and creativity.

Osinbajo stated this at second Micro Small and Medium Enterprises (MSMEs) Award 2019 held at the State House Banquet Hall on Thursday, August 1, in Abuja.

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Source: Legit

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