Agriculture contributes N7trn to Lagos GDP — Commissioner for Agriculture
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- Agribusiness Africa
- May 7, 2024
- News & Analysis
The Lagos State Government announced that the agriculture sector contributed N7 trillion to the state’s GDP, with 10,000 cattle slaughtered daily. Collaborating with other states to meet the Imota Rice Mill’s 200,000 tonnes paddy requirement, Lagos is also the largest rice consumer in Nigeria. Commissioner Abisola Olusanya emphasized the sector’s growth potential, while Special Adviser Dr. Oluwarotimi Fashola highlighted partnerships to sustain rice production. This initiative aligns with Governor Sanwo-Olu’s T.H.E.M.E.S+ Development Agenda to ensure food security and economic development. Source: TRIBUNE
OUR REVIEW:
The announcement from the Lagos State Government underscores the significant contribution of the agriculture sector to the state’s economy, with a remarkable N7 trillion added to the GDP. The revelation of 10,000 cattle slaughtered daily and efforts to meet the Imota Rice Mill’s paddy requirement reflects a proactive approach towards enhancing food security and sustaining economic growth. Commissioner Abisola Olusanya’s emphasis on the sector’s potential and Special Adviser Dr. Oluwarotimi Fashola’s insights into partnership strategies further highlight the government’s commitment to agricultural development. This initiative aligns perfectly with Governor Sanwo-Olu’s T.H.E.M.E.S+ Development Agenda, demonstrating a holistic approach towards ensuring food security and fostering economic prosperity in Lagos State.