Mr. Seyi Abimbola Davids, the CEO of XtraLarge Farms and Resort, has urged the government at all levels and the Organised Private Sector (OPS) to provide softer loans for Nigerian farmers.
He emphasized that double-digit loans hinder farmers from competing favorably with their foreign counterparts.
During a press briefing at AgriTech City Resort in Ogun State at the weekend, Mr. Davids explained that encouraging agriculture with single-digit loans would attract more people to the industry.
Speaking about AgricTech City, he described it as a place of relaxation and healing, where technology is utilized in agriculture.
The resort offers various incentives for guests, such as different types of tea for individuals with high blood pressure.
Mr. Davids also highlighted the importance of consuming safe and healthy food, as he shared some concerning practices in the food industry.
Mr. Seyi Abimbola Davids emphasized the need for softer loans to boost the agricultural sector and promoted the benefits of AgricTech City as a place of serenity and wellness.