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Wednesday, May 1, 2024

Why we launched Nigeria food security strategy says Stevens - NaijaAgroNet

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The Consul-General of the United States of America (USA) to Nigeria, Mr. Will Stevens has given some reasons why they recently launched the Nigeria food security strategy, reports NaijaAgroNet.
Why we launched Nigeria food security strategy says Stevens - NaijaAgroNet
“Last month, alongside our partners in the Nigerian agricultural value chain, we launched the U.S. government’s Global Food Security Strategy Country Plan for Nigeria that aims to boost agriculture productivity and drive agriculture-led economic growth,” he declared.

Also, in the last five years, he said, the U.S. Agency for International Development, or USAID, has invested almost $200 million in agriculture to improve food security and build household resilience across Nigeria.

Additionally, he said, that through the U.S. government’s Foreign Agricultural Service and African Development Foundation, they worked with partners to develop new agricultural technologies, build trade capacity, and train farmers on how to use technology to improve their yields.

Steven pointed out that investment in farming equipment, food processing, and cold chain storage solutions not only improve Nigeria’s infrastructure but also create opportunities for U.S. businesses interested in the Nigerian market.

“This is a time of unprecedented opportunities. Taking full advantage of these opportunities requires not only natural resources and human capital, but also a stable, transparent, and business-friendly regulatory and investment climate,” he said.

Stressing that when companies make decisions on where to do business around the world, they seek out those markets where the business environment is rules-based and predictable.

“We stand ready to partner with Nigeria to strengthen the institutions and regulatory frameworks that will make Nigeria an even more attractive place to do business,” he said.

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