The Oyo State Government has commenced its Agribusiness Summit targeted at boosting agriculture and attracting global investors in the state.
The summit, which is being held at the International Institute of Tropical Agriculture (IITA), Ibadan started on Monday 25th October and will end on Wednesday 27th, October 2021.
AgroNigeria gathered that the President, African Development Bank, (AfDB), Dr. Akinwumi Adesina; Australian High Commissioner to Nigeria, John Donnelly; Ambassador of France to Nigeria, Jérôme Pasquier; Ambassador of Netherlands to Nigeria, Harry van Dijk are expected to grace the three-day summit.
Other notable participants to attend the summit include Chairman, Director General of IITA, Dr. Nteranya Sanginga and the French Embassy Regional Counsellor for Agriculture, Dr. Sonia Darracq.
Speaking about the summit in Ibadan, Programme Director, Peter Eledan, informed that the event was aimed at bringing together key actors in the global agribusiness space in order to showcase potentials for agribusiness investments by the private sector.
He stressed that the Summit was also convened to offer prospective investors and stakeholders a platform to better understand investment opportunities in the sector, as well as identify areas for coordinated public-private investment in agriculture value chain development in the state.
While explaining that the host of the summit, the Executive Governor of the State, Seyi Makinde, recognised the importance of agribusiness in growing the state’s economy into a viable and preferred investment destination in the country, Eledan emphasized that the initiative would enhance food security, tackle poverty, drive inclusive economic development and generate more revenue in the state.