Egyptian Govt To Invest In Ogun Agro Processing Zone - EDU-BIZNEWS

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Saturday, May 13, 2023

Egyptian Govt To Invest In Ogun Agro Processing Zone





Government of the Arab Republic of Egypt, under its Food Security Plan, is concluding plan to invest  in the Agro Processing Zone located in the Gateway International Agro Cargo Airport, along Iperu-Ilishan Remo Road in Ogun State 

Governor Dapo Abiodun who made this known during an interactive session with the All Farmers Association of Nigeria (AFAN), Ogun State chapter, in Abeokuta, at the weekend, said that the North African nation had signified interest to have its farm plantations in the zone, to plant crops, process the produce and also export the proceeds back to the home country.




Abiodun revealed that the representatives of the Egyptian Government would be coming to Ogun very soon to finalize the details of their investment  

"Last week I met with the national President of the Rice Farmers Association in Abuja, it is a good opportunity for me to inform you that he is working with a team of Egyptian farmers from the Egyptian Government who have the policy of food security and they identified Ogun State as one of the states they will like to partner with.

"So on the 16th of this month, the representatives of the Egyptian government in agriculture will be coming to Ogun State".

"Their interest is the Agro 
Processing Zone; they want to have farm plantation there, they want to plant, they want to process and they want to export back to Egypt under their Food Security Plan.

"They have done their research and were convinced that Ogun State is one of the states that is strategically located for them to invest in, to farm, to process and to export," Governor Abiodun stated.

While noting that his administration was poised to encourage foreign and local agric investors to partake in the out-grower scheme where land will no longer be allocated to them but to local farmers and other interested parties in the state, he declared "it is the belief of this administration that the idea would further help to empower farmers in the state".

"What we are trying to encourage now is that every foreign or even local company that wants to farm, we've discouraged allocating land to them, we are no longer disposed to given land to them, we will rather encourage them to do a out-grower scheme where we will give land to you and say whatever it is you want to do, go and teach them how to do it and then we can buy it from them so that we can use that to empower you", he added 

On the request by the Ogun State AFAN that the state government should help members get agriculture related grants either through the Central Bank of Nigeria or other sources in the country, Abiodun urged the association to keep their ears to the ground, promising that as soon as his administration gets wind of such opportunity, it will take full advantage of it.

"There are different funding options available, either through the CBN or other sources in Abuja, and often time, we in the south do not take advantage of the funding opportunity, some of them require counterpart funding, some are even grants.

"My charge to you is to help sniff around and keep your ears to the ground so that you can intimate us if there is anything. As soon as we get wind of it, we will go there and take advantage of it," the governor assured.

He, however, informed the farmers that his administration would look into the proposal by the Association on the need to have an Ogun State-owned Anchor Borrowers Programme, promising to also look into the possibility of having members of the association appointed into agriculture related government agencies.

Earlier in his remarks, the Vice President of the All Farmers Association of Nigeria (AFAN), Prince Segun Dasaolu, who led members of the association on the visit, congratulated Governor Abiodun on his well-deserved victory at the governorship polls, noting that the association is happy with the outcome of the election.

Dasaolu urged the state government to look into the prospect of having its own Anchor Borrowers Programme, positing that "there are lots of opportunities, grants available for the state government to tap into for the commencement of its own Anchor Borrowers Programme"

He, however, thanked the governor for accompanying members of the Association to meet with the Governor of the  Central Bank of Nigeria, submitting that the association was poised to take full advantage of the Ogun State Agro Cargo Airport.

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