Lagos State Government has called for the private sector’s investment in joining efforts in its agricultural sector, mainly in the red meat, artisanal fisheries and livestock feed mills value chains.
The State Commissioner for Agriculture, Ms Abisola Olusanya, stated this in a press statement she issued to newsmen in Lagos State.
According to her, the collaboration was in line with the state government’s five- year strategic agriculture roadmap.
She noted that the state government had identified many areas of investment opportunities for the private sector’s participants, particularly, in the three value chains, hence, the need for the collaboration, Daily Times reports.
She started that this partnership will increase production in the value chains, stimulate jobs across the value chains, standardise operations in the value chains as well as enhance the GDP of the state.
She said that this was in line with the state government’s five-year strategic agriculture roadmap which had identified many areas of investment opportunities for private sector participants.
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“The objective is to stimulate and encourage more public-private partnerships in the three value chains” she added
According to her, Lagos state is the largest market in Sub-Saharan Africa with over 22million population, we consume food well worth over N5trillion annually and over N8bilion on a monthly basis.
“When you consider this pool of transaction happening in Lagos, it shows that we are the market,” she said.