Food security: Why govt must explore opportunities in organised private sector

The administration of President Bola Ahmed Tinubu has embraced Special Agro-Processing Zones (SAPZ) to enhance Nigeria’s agriculture sector, building on the abandoned Staple Crop Processing Zones (SCPZ) policy. This shift emphasizes agriculture as a business to ensure food security and nutrition. Revamping SCPZ and establishing SAPZ can create jobs, reduce food waste, and drive economic growth. Engaging the private sector and leveraging Nigeria’s cassava production for export can enhance competitiveness and address food and national security challenges. Source: Tribune

Our Review
The adoption of Special Agro-Processing Zones (SAPZ) under President Bola Ahmed Tinubu marks a significant step towards revitalizing Nigeria’s agricultural sector. By leveraging private sector involvement, SAPZ and the revived Staple Crop Processing Zones (SCPZ) can enhance food security, create jobs, and boost economic growth. This approach addresses the longstanding underfunding and neglect that have plagued the sector, transforming agriculture into a profitable business.
Revisiting the Agricultural Transformation Agenda (ATA) is crucial. Engaging smallholder farmers and the private sector in policy development and implementation ensures sustainable practices and market-driven solutions. The focus on food processing innovations, public-private partnerships, and commercialization of local research can elevate Nigeria’s position in the global market, particularly with cassava products.
To maximize the potential of Nigeria’s agricultural sector, strategic partnerships and investment in infrastructure are essential. Encouraging diaspora investment and leveraging the expertise of returning professionals can bridge knowledge gaps and drive innovation. Strengthening import substitution policies and enhancing local production capabilities will reduce the food import bill and boost forex earnings.