The
Permanent Secretary, Federal Ministry of Agriculture and Rural Development,
Sonny Echono, has commended the Nigeria Agribusiness Group (NABG) for their
projected $1.8 billion, about N358.2billion investment to assist smallholder
farmers in 22 states of Nigeria, NaijaAgroNet
reports.
“Your
recognition that smallholder farmers are the largest private sector group in
Nigeria has helped to foster economic growth in rural Nigeria as you provide
guaranteed take-off markets for millions of smallholder farmers across the
country.
“Sixteen
of you have committed to invest in agriculture and agribusiness across 22
states of Nigeria a total $1.8 billion. Turning these commitments into real
investments will undoubtedly help to create jobs for our teeming youth
population and women and help to lift millions of farmers out of poverty”.
According
to Worldstageonline, Echono stated
this while addressing the first annual general meeting of the NABG in Lagos. He
added that the group had helped to foster economic growth in Nigeria through
the provision of take-off grants for smallholder farmers, NaijaAgroNet gathered.
“We
are better positioned for inclusive growth where small, medium and large farmer
groups will co-exist to generate wealth for millions of Nigeria and the
unemployed youths and women. We have ended the dominance of government and I am
optimistic that the private sector will lead Nigeria in restoring its past
glory in agriculture,” He said.
“I am confident that the group will continue
to attract viable local and foreign direct investments into agriculture and
agribusiness together with our Development Partners and other Ministries,
Departments and Agencies (MDAs).”
Cyriacus Nnaji/ED,OPs
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Pix:Sonny Echono,
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