Africa’s Richest Dangote To Invest $4.6Bn In 4 Agricultural Sectors

Alhaji Aliko Dangote, the Chief Executive Officer, Dangote Group, has
said that the company would invest 4.6 billion dollars in nation’s
agricultural sector in the next five years.
He listed sugar, rice, tomatoes and oil palm as some of the agricultural sectors where the monies would be invested.

said this at the 6th edition of the 2017 AgrikExpo and NABG Conference
in Abuja on Monday while appealing to government at all levels to
rehabilitate and construct feeder roads to facilitate movement of farm
produce to markets.
Represented by Alhaji Mansur Ahmed, the
Executive Director, Stakeholder Management and Corporate Communications
of Dangote Industries Limited, the industrialist said that
rehabilitating rural roads would help to reduce costs of production and
prices of goods.
He also said that improving technology in
agriculture would guarantee improved inputs (seeds, fertilisers), and
also help farmers improve yields.
According to him, if agriculture
must succeed in the country, farmers must be young and active which
means that youths must be involved.
“We need to improve human capital in every aspect of the farm value chain.
“There is need for infrastructure to be in place to enable farmers transport their produce from farm to markets,’’.
called on state governments to initiate programmes that would promote
areas of their comparative advantage in agriculture to boost food
security and assist Federal Government’s agriculture efforts.

Add a Comment

Your email address will not be published.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