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02 Aug, 2025
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FG to reduce post-harvest losses with introduction of agribusiness hubs
@Source: tribuneonlineng.com
The Federal government has disclosed that Agric Industrial hubs would reduce post-harvest losses being experienced by farmers nationwide, as well as enhance economic growth. This is as Oyo State government disclosed its plan to create 100,000 jobs as well as support the livelihood of over 500,000 peasant farmers with Agricbusiness Industrial hubs located at different locations. The Vice-President, Kashim Shettima, while peaking through the Minister of Agriculture and Food Security, Dr. Abubakar Kyari, at the groundbreaking ceremony of Agricbusiness Industrial Hubs in Atan-Ijaiye in Akinyele local government area on Saturday, reiterated the commitment of the government to the transformation of the Agricultural sector of the economy. ALSO READ:Oil dispute: ICJ, Supreme Court judgment on Akwa Ibom, Cross River fully implemented — Ex-AG Commending the initiative of Governor Seyi Makinde-led administration in the agricultural sector, the Vice-President said it is in tandem with the Renewed Hope Agenda of the Federal government. According to him. ‘It is a testament to our unwavering commitment to a future where hope is renewed through concrete action, strategic partnerships, and inclusive growth. ‘It is a bold declaration that Nigeria’s future lies in transforming our abundant agricultural resources into value-added products that fuel industries, generate employment, and uplift our farmers. ‘It is a product of a strategic partnership between the federal government of Nigeria, our state governments, and our esteemed international development partners, especially the African Development Bank, the International Fund for Agricultural Development, IFAD, and the Islamic Development Bank, ISDB. ‘This collaborative effort underscores our shared belief that sustainable development in agriculture is achievable only through unity, innovation, (4:13) and shared responsibility. It is a clear indication that Nigeria is committed to leveraging global expertise, capital, and best practices to achieve sustainable growth and social inclusion. Also, the Oyo State Government has disclosed that over 100,000 people would be directly and indirectly engaged at the various Agribusiness Industrial hubs located in Fasola, Eruwa, and Atan-Ijaiye. The hubs will host over 40 agricultural business Industrial hubs will host over 40 agricultural businesses, cumulatively employing directly and indirectly over 100,000 people. Also, it will support the livelihood of over 500,000 farmers from peasant to medium farmers, transforming rural villages into agro-based industrial areas linking to the economy of the re-urban and urban areas. Governor Seyi Makinde, in his address, described the occasion as a promise kept by his administration to revolutionize the agricultural sector for job creation and prosperity. He noted that his administration has identified six farm settlements with three more in Ilora, Iresa Adu, and Ipapo to be designed for the succeeding government. He said the hubs would open up the affected communities for businesses that would not be of benefit to not only the state but the nation as a whole. According to him, Agriculture is not only about food but also about infrastructure and other developments. In his address, the President of the African Development Bank, Dr. Akinwumi Adesina, said he conceived the idea of Industrial hubs while in office as the Minister of Agriculture. According to him, ‘The idea was conceived while I was in the office as Minister, but I thank God it is being implemented after leaving the office. I want to specifically thank the Minister of Agriculture for cueing into the vision. This is a lesson for the political leadership of the Country. Agric Industrial hubs, aside from repositioning the economy of the Country, will create employment opportunities.
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