Lagos seeks investors to boost food sufficiency

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The Lagos State Government has said it has sought the input of investors as part of efforts to increase the state’s food sufficiency and inclusive economic growth.

The Special Adviser to the Governor on Sustainable Development Goals and Investment, Mrs Solape Hammond, disclosed this, according to a statement on Sunday, during the 2022 breakfast meeting held in Lagos.

She said, “Despite Lagos being the export hub of Nigeria, more than 70 per cent of what she consumes is imported. We want a new form of investment to flow into food and agriculture systems. We want companies to establish here and export to the rest of Africa.

“The whole idea is for the state to be relatively food sufficient, which we realised, was a core need after the impact of COVID-19 as we struggled to feed over 22 million Lagosians because the state is not really food sufficient.

“Lagos has eight free zones that make it easier for investors to plug and play. We are building standard factories in our free zones, we have port access, we have airport access and more than 70 per cent of cargo comes through the state.”

In his remark, the Special Adviser to the Governor on Agriculture, Dr Oluwarotimi Fashola, noted that there are opportunities for many investments and the state government will continue to explore the Public-Private Partnership model to complement its policies and initiatives for the state.


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