*VP meets Chinese investors interested in agro-allied sector
*About $16B to $25B investment envisaged says AfDB
In line with its commitment to developing a thriving agro-industrial sector, the Federal Government will welcome partnerships and initiatives that would make Nigeria actualize its potential of being the food basket of the world, according to Vice President Yemi Osinbajo, SAN.
The Vice President stated this on Tuesday when he received a delegation of Chinese investors and officials from the African Development Bank (AfDB), at the Presidential Villa.
According to Prof. Osinbajo, “I think that Nigeria is a place where there is tremendous opportunity. We have the 9th 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, and how we are able to use technology especially the benefits of industrial agriculture to our advantage.
Referring to the interest of the Chinese investors in the agro-allied sector, the VP noted that “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.”
Continuing, Prof. Osinbajo said, “this is the reason why we are engaging 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.”
The Chinese investors are in the country at the instance of the African Development Bank to commence the processes of investing in Nigeria’s agricultural sector under an initiative known as the Agro-Industrial initiative with focus on crop production, forestry, fishery, and livestock production.
Speaking earlier, Prof. Zhao Zhihai, the leader of the Chinese delegation, said a consortium of Chinese investors were committed to the development of Nigeria’s agro-processing zones and especially the agro-allied sector.
In his own remarks, Prof. Oyebanji Oyelaran-Oyeyinka, the head of the AfDB team at the meeting, said the framework of the initiative is to develop a programme that leverages Nigeria’s comparative advantage in key areas of agricultural production.
According to him, “the overall investment, under the initiative, amounts to between $16 billion to $25 billion over a period of four years with strong government support and private sector leadership.”

https://www.yemiosinbajo.ng/nigeria-is-on-the-way-to-becoming-global-food-basket/

Formal pastor osibanjo i hear you.

Not a public news....probably telling his goons

How can we achieve that when you and boss authorize your devilish herdsmen to keep destroying people’s farm??

Commendable if true

Yea na true u mean by buying imported Rice for 13k 13500 nd buying our own grown Rice Lake Rice for 14k...

osinbajo just dey dribble zombies like maradona

News like this gives ipob miscreants serious headache.

Anyway we Nigerians are already getting some ideas of who will take over the leadership of this country comes 29 May 23. BAT/Elrufai or Osinbajo/Elrufai. Though the latter seems more likely, religion things.

God bless them for us.
God bless the president
God bless Nigerians
God bless The Fed Rep Nigeria.

Delusional ipob miscreants shouldn't quote, my hand is paining me

We believe you sir.

This is the change we voted for.

We stand with you.

God bless Nigeria.

Lazy youths, get busy and stop wailing every day of your lives.
4 years is a long time to wail oooo!

post=81019030:
We believe you sir.

This is the change we voted for.

We stand with you.

God bless Nigeria.

Lazy youths, get busy and stop wailing every day of your lives.
4 years is a long time to wail oooo!

God bless you and your loved ones
God bless the president
God bless Nigerians
God bless Nigeria.
Long live Fed Rep of Nigeria

Pls, avoid delusional ipob miscreants who may soon come for you.

I know what is,this people wake up one morning, they know they are telling a lie, yet the go ahead telling the lie,deceiving the public,wheres the evidence?

they told us Buhari has been travelling nations for the betterment of Nigeria, but what have we seen? more poverty, this government put us into recession for so long we forgot we are in recession. even the much celebrated yuan-naira exchange that will better the economy was a blatant fraud to die down suspicions over his excess troubles. the US list of people saving money abroad had buharis entire family topping the list...

buhari has also lifted 5million Nigerians off poverty and secured 10million jobs(wey we no d see) Was The news headline i saw days ago and Now, this pastor that we had hope in is just another bloody liar

...talking about Nigeria being global food basket, where are the farms?, where's the evidence? how's is that ever possible, this is just another lie to seek applauds ...it will eventually die down and as usual, we will forget and move on with our lives, Just lies upon lies

useless government deceiving people up and down

But with herdsmen ravaging farmlands and kidnappers having a field day I wonder how safe ppl feel going into their farms

Simplyleo:

God bless you and your loved ones
God bless the president
God bless Nigerians
Long live Fed Rep of Nigeria

Amen Amen and Amen.

God bless you and yours too sir.
May all you lay your hands on be successful.
Many blessings are coming your way before the end of this month.

Make we stop here before some children of hate talk say we don turn Nairaland to church o!
Dem don dey peep for under already!
Na dem dem!!
Hehehe

Osinbajo sits on the throne of lies.

Simplyleo:

God bless you and your loved ones
God bless the president
God bless Nigerians
God bless Nigeria.
Long live Fed Rep of Nigeria

Pls, avoid delusional ipob miscreants who may soon come for you.

Lol .
Dem no reach.
We always ignore wailers.
That kill them more.
Our D.P says it all!

This is a very welcomed development. It will eventually get better. God Bless Nigeria