Ekiti to Attract $200m Investment In Agric

Ekiti to Attract $200m Investment In Agric

The Governor of Ekiti State, Dr Kayode Fayemi, on Tuesday, said that his administration has put in place necessary machinery to contribute the state’s quota to national development by attracting $200 million investment in Agriculture sector.

The Governor disclosed these at an interactive session at the Ekiti Youth programme themed, “Ekiti Youth, Lets talk: Engaging youth in agribusiness,” in Ado-Ekiti, the state capital.

Fayemi explained that the farm settlements and farm centres have been repositioned for massive harvest and processing, in order to feed the cargo airport upon completion, ” so that Ekiti will become food basket in Nigeria and a net exporter of semi-finished farm produce and products.”

READ ALSO: Fayemi Commissions N5 billion Worth Snail Farm in Ekiti

He said the ventures, when fully operational, will provide jobs for more than 500,000 Ekiti people both directly and indirectly, adding that these were parts of efforts aimed at transforming the state from being a civil servant economy to an agric-based industrialized economy.

The Governor highlighted some programmes and policies of the government that have created opportunities for youth in commercial agriculture, urged the youth to embrace agriculture with an assurance that his administration would continue to provide the additional impetus that would make agribusiness attractive and lucrative in the state.

READ ALSO: Abuja, Four other States to Witness Shorter Planting Season – NiMet

Fayemi stressed the need for young and energetic youth to venture into agriculture to diversify the national economy, adding that the government’s efforts and youth engagement in agribusiness can assist the nation in closing the food deficit gap of over 3 trillion naira recorded between 2006 and 2019 in the country.

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