Former Vice President Atiku Abubakar has said there is no better time than now to invest in the Nigerian economy especially in the area of agriculture.
Atiku said this at the ground breaking ceremony of Rico Gado Nutrition Factory, in Abuja, on Saturday.
Atiku who has substantial interest in the agro-allied factory explained that while it remains true that the nation is currently facing economic challenges, it presents a big opportunity for investments.
According to him, he and his foreign partners were encouraged by the experience garnered in setting up a similar factory in Yola, the Adamawa State capital at the height of the Boko insurgency in the North East.
He said, “Despite the doubts about our economy because of current challenges, we are confident about Nigeria’s future and about our future.
“I think I speak for my partners in this joint venture when I say: We know what we are getting into, and we’re doing it because we believe in Nigeria, because we believe that Nigeria will overcome its current difficulties, because we believe our nation will change for the better.”\
Speaking during at the event minister for Agriculture, Chief Audu Ogbeh in his remarks noted that investment in the sector would serve as catalyst for Nigeria’s growth.
This, he said was because with a growing population, Nigeria can ill afford to be able to at least feed itself.
According to him, there are projections that by 2050, the nation’s population will top 400 million with an ever increasing need for agro-allied products as well as direct and indirect jobs.
He called on Nigerian business men to emulate the former Vice President and invest in the sector.
Also speaking at the event, a representative of the Portuguese partners, Mr. Joao Silva said, the J. Silva Group has over 45 years of experience in the production and management of livestock feeds throughout Europe and recently in the
Middle East including Egypt and Saudi Arabia.
He said, “The Company is indeed lucky to have found a willing partner in the person of Turaki Adamawa, a reputed business entrepreneur as well as a rare gem who dedicated his resources to the upliftement of his society, Nigeria and humanity, in general.”
Atiku said this at the ground breaking ceremony of Rico Gado Nutrition Factory, in Abuja, on Saturday.
Atiku who has substantial interest in the agro-allied factory explained that while it remains true that the nation is currently facing economic challenges, it presents a big opportunity for investments.
According to him, he and his foreign partners were encouraged by the experience garnered in setting up a similar factory in Yola, the Adamawa State capital at the height of the Boko insurgency in the North East.
He said, “Despite the doubts about our economy because of current challenges, we are confident about Nigeria’s future and about our future.
“I think I speak for my partners in this joint venture when I say: We know what we are getting into, and we’re doing it because we believe in Nigeria, because we believe that Nigeria will overcome its current difficulties, because we believe our nation will change for the better.”\
Speaking during at the event minister for Agriculture, Chief Audu Ogbeh in his remarks noted that investment in the sector would serve as catalyst for Nigeria’s growth.
This, he said was because with a growing population, Nigeria can ill afford to be able to at least feed itself.
According to him, there are projections that by 2050, the nation’s population will top 400 million with an ever increasing need for agro-allied products as well as direct and indirect jobs.
He called on Nigerian business men to emulate the former Vice President and invest in the sector.
Also speaking at the event, a representative of the Portuguese partners, Mr. Joao Silva said, the J. Silva Group has over 45 years of experience in the production and management of livestock feeds throughout Europe and recently in the
Middle East including Egypt and Saudi Arabia.
He said, “The Company is indeed lucky to have found a willing partner in the person of Turaki Adamawa, a reputed business entrepreneur as well as a rare gem who dedicated his resources to the upliftement of his society, Nigeria and humanity, in general.”
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