CBN Advert

newscorner

Business news

FG, Global Fortunes To Establish Agricultural Industrial Park

No Comments Share:

The Minister of State for Agriculture and Rural Development Hon. Mustapha Shehuri has stated that the Federal Government would partner Global Fortunes Ltd. to establish Agricultural Industrial Parks (AIPs) across the Six-Geopolitical Zones of the country in order to create jobs and ensure food sufficiency in the Agricultural Value Chain.

Shehuri made this disclosure when he received a delegation of the Global Fortunes Ltd led by Mr. Kidron Israel, in Abuja over the weekend.

The Minister pointed out that the project is going to be Public Private Partnership driven; adding that with the Federal Government is committed to the development of the agricultural value chain in Nigeria.  He said the project if implemented would ensure food security and create more employment for Nigerians.

He also noted that ‘’even with the huge infrastructural deficit in Nigeria, we can still embark on this project, because the government is focused on diversifying the Nigerian economy.’’

The Minister said he will visit the Taraba State Agricultural Industrial Park with the relevant directors to see the model of the park that is the state.

He stressed the need for the Federal Government in collaboration with the State Government and other relevant agencies to partake in the project in order to fastrack progress.

In his remarks, the Director, Department of Agribusiness, Dr. Aminu Babadi, said the project is a welcome development but mentioned that some of the challenges that could hinder the smooth take off include; energy and space utilization.

In his presentation, the Manager, Global Fortunes Ltd, Mr. Kidron Israel said that the company is using this opportunity to establish Agricultural Industrial Parks across the six geopolitical zone of the country.

He also said that the system is the fastest way of changing the old farming culture to a state-of-the-art modern farming and also the fastest way of growing the economy.

Previous Article

Police, Road Safety Take Measures On Illegal Use of Siren, Revolving Lights

Next Article

CISLAC Gives Kudos To FG For Repatriation Of Looted Assets to Nigeria

You may also like

Leave a Reply

Your email address will not be published. Required fields are marked *