Nigeria’s agric sector to get Dutch investment

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Nigeria’s Ambassador to the Netherlands, Oji Ngofa, says the upcoming visit of that country’s Prime Minister Mark Rutte to Nigeria, will provide an opportunity to attract more Dutch investments to the country, particularly in the agriculture sector.

Ngofa, who said this in Abuja, noted that Prime Minister Rutte will begin a working visit to Nigeria this week.

He said that the Prime Minister will be visiting along with a trade delegation made up of Chief Executive Officers (CEOs) of Dutch companies already operating in Nigeria as well as prospective investors
This visit affords us the opportunity to assess the state of our bilateral relations which I believe is very cordial and to also look at all the areas that we have agreed to partner for mutual benefits.

 

“Having this visit for me at this level is very gratifying. It is the best thing to happen to us as a country.

“The Dutch have a very powerful and competitive economy; they are the second largest producers of food and agricultural products in the world.

“They are advanced in innovation and technology, especially in the area of agriculture which we can leverage on, and with our involvement with them, in investment and trade, we have a lot we can benefit from them.

“We have Dutch financial institutions that are ready to offer us financial support in dealing with some of our trade and investment challenges.

“The prime minister is coming along with some very high level investors who are ready to either start investments here or upscale the investments that they

He said during the visit, the government of Niger State would sign a Memorandum of Understanding on dairy development with Royal FrieslandCampina N.V., a Dutch multinational dairy cooperative based in Amersfoort, Netherlands.

They plan to establish their factory in Niger state. We also have Vlisco that will also establish a textile factory in Nigeria.

“All of these are to stimulate our economy, create employment for our people, leverage on their expertise in the areas of capacity building and transfer of knowledge,” he said.

He expressed confidence that the new deals and investments would help balance the trade between Nigeria and the Netherlands, which is currently one-sided, in favour of the Dutch.