NABG partners Dangote, GrowAfrica to grow agric sector

Nigeria Agribusiness Group (NABG) has signed a Memorandum of Understanding (MoU) Dangote Group and GrowAfrica as part of efforts to boost private sector’s investment in agriculture in the country.
 
Emmanuel Ijewere, Vice President of NABG
Emmanuel Ijewere, Vice President of NABG, who signed on behalf of the group, said the purpose of the agreement is to explore ways of ensuring that farmers at the grassroots are involved in the development of agricultural policies. “This will create a relationship that builds from the ground to the top, thereby carrying the farmers along in decision making.”

Also speaking, Sani Dangote, Vice-President of Dangote Group, noted that the private sector has the capacity to boost production and promote greater interest in the agricultural sector as long as the Federal Government is able to provide the enabling environment.

William Asiko, Chief Executive Officer of GrowAfrica, on his part, described the development as a landmark achievement, adding that the partnership would provide a platform for agricultural bodies to work together and exploit opportunities within the agricultural value chain.

He said: “Between 2011 and 2016, GrowAfrica has been able to mobilize over 200 companies from global and domestic companies in Africa to pledge nearly $10 billion worth of investments in agriculture. These were pledges made by these companies to invest in agriculture with a commitment from the government on agreements with farmers and civil society and many others in the value chain.

“We are launching this partnership to transform the economy by engaging different actors in the value chain to evolve business scale of investments.”



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