Lagos projects N41 billion investment in agric sector


The Lagos State Government says it projects that the total investment into the agricultural sector from the government, private sector, donor agencies and development partners will run into over N41 billion in the state’s five-year Agricultural Roadmap.

The state Commissioner for Agriculture, Mr. Gbolahan Lawal who gave the projection ,listed some of the planned projects as Fisheries Value Chain  Cage and Pen Culture, Fish Farm Estate Development, Artisanal Fisheries Development.

Others include Piggery Value Chain: Establishment of new Pig Estates and Processing facilities; Coconut Value Chain which include the consolidation of land for coconut plantation.

Lawal, in an overview tagged: ‘A Sustainable and Inclusion Growth Strategy with the Citizens at the Core’, said youths and women would be given priority in all interventions in the roadmap.

He called for more private sector-driven agricultural interventions and the provision of robust market information systems for Agricultural Value Chain actors.

According to him, the call is imperative in order to have adequate planning and circumvent risks and uncertainties in the sector.

“Using other economies that achieved economic growth using agriculture as a model, the lesson for the state is that there must be massive investment in infrastructure, encouraging more private sector-driven agricultural interventions.

“There must be formulating of policies that can encourage private sector investment and provision of robust market information systems for agricultural value chain actors in order to have adequate planning and circumvent risks and uncertainties,” Lawal said.

The commissioner said the strategies to be employed for a sustainable agricultural development during this period would be hinged on three pillars.

He stated that they include growing the upstream sector through interventions by leveraging on technologies that are capable of lowering the cost of production of value.

He also said that interventions for the road map would be in line with strategic focus to drive agricultural growth and food security in a clear and measurable way.

The Special Adviser to the State Governor on Agriculture, Ms. Abisola Olusanya, called for a symbiotic relationship where the private sector would be the main driver and stimulant of agricultural development in the State.

Olusanya said such a symbiotic relationship would make the government a catalyst and an enabler of smart agriculture that would not only ensure job creation, increase farm income and food security, but would also preserve the environment and future.

According to her, the expected overall outcomes of the roundtable discussion are improved food hygiene, food safety, food security, employment generation and wealth creation.