Nigeria Business Information
No Result
View All Result
Thursday, May 19, 2022
  • Login
  • Register
  • Home
  • Tenders
  • Auction
  • News
  • Grant
  • Subscription
Subscribe
Nigeria Business Information
  • Home
  • Tenders
  • Auction
  • News
  • Grant
  • Subscription
No Result
View All Result
Nigeria Business Information
No Result
View All Result
Home Nigeria News

Lagos Solicits Support for $10b Agric Scheme

by SAMUEL Olugbenro
July 30, 2021
in Nigeria News
Lagos State

Addressing reporters during the flag off of the Y2021 Agricultural Value Chains Enterprise Activation Programme in Lagos, the Lagos State Governor, Babajide Sanwo-Olu said the government was determined to enhance the state’s self-sufficiency in food production from 18 per cent to 40 per cent and achieve the Sustainable Development Goals (SDGs).

The Governor, is therefore seeking private sector support to achieve $10 billion from agriculture by 2025, which according to him, was the focus of the five-year roadmap to develop the agricultural value chains where Lagos State has competitive and comparative advantages.

READ ALSO: Nigerian stocks that are likely to pay interim dividends this year

Sanwo-Olu said the state could no longer afford to rely exclusively on other states for its food, stressing that it was time for the state to unlock its immeasurable agricultural potential.

According to him, the government’s plan, is to establish many food hubs in the state to enhance processing and reduce wastage. While calling for increased investment,  Governor Sanwo-Olu noted that the demand  was  over 400,000 metric tons of fish on an annual basis but aquaculture farmers were  only able to produce just about 174,000 metric tonnes with deficit of 200,000 metric tonnes.

RelatedPosts

Foundation For Partnership Initiatives In The Niger Delta (PIND)- Requests For Proposal For Interventions To Mitigate The Herder-Farmer Conflict In The Niger Delta

Nigeria Sovereign Investment Authority (NSIA)- Expression Of Interest For Procurement, Configuration And Migration Of It’s Infrastructure Sited At Maitama, Abuja

Embassy Of France In Nigeria- Request To Quote For Capacity Building Training In Project Management And Result Based Management For 2022 PISCCA Laureates

Elaborating on the beneficiaries of Agricultural Value Chains Enterprise Activation Programme, the Governor said they will receive tractors, feeds, pesticides among others. He revealed that the state is pursuing digital transformation of the Agric sector to make it a major food hub in Africa.

According to him, the government is making concerted efforts to drive digital engagement in farming through marketplaces, which will allow movement of food items from production to consumption centres freely and allow private investment in storage, thus bringing a change in the sector. He therefore urged all stakeholders to work together to ensure the success of the sector.

Earlier, the State Commissioner for Agriculture, Abisola Olusanya, said 4,000 youths will be empowered under the programme. The commissioner stated that the programme was focused on three specific value chains of poultry, piggery and aquaculture (artisanal fisheries).

In his own contribution, the Commissioner for Finance, Rabiu Olowo, said agriculture currently generates less than two per cent of the state’s Gross Domestic Product. According to him, there was plan by the government to increase it to five percent within the last five years.

 

TOOLKIT: Are You New to Tenders/Contract Bidding and Require Assistance? CLICK HERE

ShareTweetShare

POPULAR

  • Tenders And Contracts Info - May 2022

    Check List of NGO/Governments Tenders with May 2022 Deadlines

    0 shares
    Share 0 Tweet 0
  • How to Check for your Individual TIN (Tax Identification Number) Online

    0 shares
    Share 0 Tweet 0
  • Lower Niger River Basin Development Authority (LNRBDA)- Invitation To Tender And Expression Of Interest For Projects Execution (95 Lots)

    0 shares
    Share 0 Tweet 0
  • Pharmacists Council Of Nigeria (PCN)- Invitation For Pre-Qualification And Expression Of Interest For Projects Execution (21 Lots)

    0 shares
    Share 0 Tweet 0
  • National Commission For Refugees, Migrants And Internally Displaced Persons (NCFRMI)- Expression Of Interest/Invitation To Tender For 2022 Constituency In Capital And Zonal Intervention Projects (107 Lots)

    0 shares
    Share 0 Tweet 0

Copyright © 2021. All Right Reserved Nigeria Business Information

No Result
View All Result
  • Home
  • Tenders
  • Auction
  • News
  • Grant
  • Subscription

Copyright © 2021. All Right Reserved Nigeria Business Information

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

instagram volgers kopen volgers kopen buy windows 10 pro buy windows 11 pro

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.