‘Nigeria will become net exporter of agric products by 2020’
Chief Audu Ogbeh, Minister of Agriculture
and Rural Development, has said Nigeria is projected to become a net exporter
of key agricultural products such as rice, cashew nuts, groundnuts, cassava and
vegetable oil by 2020.
Ogbeh who disclosed this at a
meeting tagged “China-Nigeria Agricultural Modernization Cooperation Forum 2017”
in Abuja on Tuesday said the government is working very hard to make
agriculture the main driver of the country’s Gross Domestic Product (GDP) with
an average growth rate of 6.9 percent.
Agriculture currently accounts
for 23 percent of Nigeria's GDP and employs 38 percent of the working
population.
The forum which was organized to discuss
how China can assist Nigeria to achieve an increase in agricultural
productivity, food security and poverty reduction toward overall sustainable
diversification of its economy is part of an effort to strengthen agricultural
cooperation between Nigeria and China.
In his welcome address to the
forum, the minister remarked that China was able to pull over 400 million
people out of poverty within 10 years because the country’s leaders do not pay
lip service to agriculture.
He said the Nigerian Government
hopes to emulate China's agricultural growth through the transformation of the
agricultural sector with the recently launched Economic Recovery Growth Plan
(ERGP).
Zhou Pingjian, Chinese ambassador
in Nigeria said China, as a strategic partner to Nigeria, is willing to share
its experience in agricultural development and provide financial and technical
support towards the country's realization of its agricultural and food security
plans.
"We are willing to work with
Nigeria to provide a more effective platform to mobilize more Chinese
investment in Nigeria's Green Alternative," Zhou said.
The Abuja forum, organized by the
Nigerian Investment Promotion Commission (NIPC), China Chamber of Commerce in
Nigeria and a Chinese firm, Green Agriculture West Africa Limited (GAWAL), was
attended by representatives of the Chinese embassy and firms, senior Nigerian
officials and stakeholders from various agricultural departments, federal
legislators and researchers.
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