ADVERTISEMENT

Minister says 42 foreign investors to arrive by Feb 2017

By February 2017, a total of 42 foreign investors would have arrived Nigeria to help boost the Agriculture sector.

Audu Ogbeh

Ogbeh, who disclosed at a news briefing in Abuja on Monday, said that the development was the outcome of the visit of President Muhammadu Buhari and his team to Germany and Rome recently.

He said the investments were expected in agriculture, food processing, solar-power supply, ceramic tiles and building materials.

According to him, there will be a delegation of the European Union by February, 42 investors are coming for different areas of investment.

ADVERTISEMENT

“A good number of them in agriculture, food processing, some in power supply with emphasis on solar energy for rural areas, ceramic tiles, building materials.

“We do not have the figure of how much they will invest yet,’’ he said.

The minister said that the Federal Government would, henceforth, provide official security in farms, industries of those investors to encourage foreign investments and economy diversification.

According to him, during the visit, the Federal Government delegation decided to extend cooperation among nations to learn from their experiences so that we can increase local production.

Ogbeh said that the issue of malnutrition in Nigeria was extensively discussed at a food and agriculture meeting in Rome during the visit.

ADVERTISEMENT

He expressed regrets that rural-urban migration was a major contributor to low milk production in cattle, hence the increase in malnutrition in children.

The minister explained that the Federal Government was working toward setting up grazing reserves to boost milk production in cattle.

“We want to learn from Brazil. Brazil has over 205 million cows which make production and processing of milk easier for them.

“In Nigeria, we have only about 15 million cows and these cows are mostly males. The females in them do not drink enough water to produce adequate quantity of milk.

“It means that we have a lot of work to do to increase the production of milk,’’ he said.

ADVERTISEMENT

Ogbeh appealed to Nigerians to imbibe the habit of eating healthy foods to reduce malnutrition especially in children.

“We eat a lot of carbohydrate in this country. We must make changes, learn how to eat well to reduce our medical bills,’’ he advised.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

Obama, Clinton support Biden at NYC fundraiser amid protests

Obama, Clinton support Biden at NYC fundraiser amid protests

Tinubu’s refusal to celebrate 72nd birthday marks great leadership - Rahman

Tinubu’s refusal to celebrate 72nd birthday marks great leadership - Rahman

Adamawa Police reaffirms ban on motorcycles in Yola

Adamawa Police reaffirms ban on motorcycles in Yola

You make bold decisions & live with consequences - Ondo Gov hails Tinubu at 72

You make bold decisions & live with consequences - Ondo Gov hails Tinubu at 72

170 electrical vandalism cases in 2 years, 100 charged to court - EEDC

170 electrical vandalism cases in 2 years, 100 charged to court - EEDC

Tinubu appoints Bello as chairman of code of conduct bureau

Tinubu appoints Bello as chairman of code of conduct bureau

Don't curse, condemn Nigeria in your sermons - Tinubu tells clerics

Don't curse, condemn Nigeria in your sermons - Tinubu tells clerics

Lagos postpones eagerly anticipated Easter boat regatta indefinitely

Lagos postpones eagerly anticipated Easter boat regatta indefinitely

Third Mainland Bridge reopens in 1 week, formal ceremony later - Minister

Third Mainland Bridge reopens in 1 week, formal ceremony later - Minister

Pulse Sports

Nigeria vs Mali: Has Finidi George done enough to land Super Eagles job permanently?

Nigeria vs Mali: Has Finidi George done enough to land Super Eagles job permanently?

I want to emulate Keshi and win the AFCON - Finidi George shares ambitious Super Eagles dream

I want to emulate Keshi and win the AFCON - Finidi George shares ambitious Super Eagles dream

Michelle Alozie: I had to do it because of African referees

Michelle Alozie: I had to do it because of African referees

AC Milan star reveals he was named after Super Eagles legend Tijani Babangida

AC Milan star reveals he was named after Super Eagles legend Tijani Babangida

Give him the job! Super Eagles fans beg NFF to make Finidi George permanent coach after Nigeria's win over Ghana

Give him the job! Super Eagles fans beg NFF to make Finidi George permanent coach after Nigeria's win over Ghana

Super Eagles 2-1 Black Stars: Nigerians praise Iwobi, Lookman, Finidi George after friendly victory against Ghana

Super Eagles 2-1 Black Stars: Nigerians praise Iwobi, Lookman, Finidi George after friendly victory against Ghana

ADVERTISEMENT
ADVERTISEMENT