Olam Agri, a prominent agribusiness company, has engaged in discussions with the Federal Government to explore strategic investments aimed at boosting Nigeria’s agricultural sector.
In a recent meeting with the Honourable Minister of Finance and Coordinating Minister of the Economy, Wale Edun, Olam Agri’s Managing Director, Anil Nair, outlined the company’s commitment to leveraging emerging opportunities within Nigeria’s evolving agricultural landscape.
The discussions focused on several key initiatives, including increased investment in fertilizer production, expanded irrigation support, and the development of processing facilities to enhance local value addition.
These strategic investments are anticipated to improve agricultural productivity and strengthen the agribusiness value chain. By prioritizing fertilizer production and irrigation expansion, Olam Agri aims to improve farm yields, reduce dependence on imports, and drive down food prices through enhanced supply chains.
This collaboration aligns with the Federal Government’s ongoing efforts to achieve food security and stimulate economic growth through the agricultural sector.
Olam Agri’s commitment to deepening its investment in Nigeria underscores the potential for public-private partnerships to drive sustainable development in the country’s agribusiness industry.
