Invest In Farming, Ogun Govt Begs Germany, Others

The Ogun State government has proposed exploring potential partnership avenues with the German government in mechanized farming and food production. Governor Dapo Abiodun expressed this during a meeting with Weert Borner, the Consul General of the German Embassy. Abiodun emphasized the state’s interest in collaborating on mechanized farming and outlined plans to support small-scale farmers with training programs, tractors, and other equipment. He also highlighted the state’s new policy of providing accessible land for farming and welcomed partners to aid in its implementation. Abiodun praised the German government’s efforts, particularly the capacity-building program by GIZ, and highlighted the state’s leading position in non-oil revenue, attributing it to abundant mineral resources. Borner indicated the German government’s interest in exploring further partnerships in the state’s agricultural sector and energy transition.
Source: Daily Trust


OUR REVIEW
The proposed partnership between Ogun State and the German government in mechanized farming and food production presents a significant opportunity for the agri-food business in Nigeria. By leveraging German expertise and resources, the state aims to enhance agricultural productivity, particularly through mechanization and training programs for small-scale farmers. Accessible land provision further incentivizes investment and expansion in the sector, fostering growth along the entire value chain. This collaboration not only boosts local production but also strengthens international relations, potentially attracting more foreign investment and technology transfer. Moreover, the emphasis on energy transition indicates a forward-looking approach aligning with global sustainability trends. For stakeholders in Africa’s agri-food business, monitoring such partnerships can provide insights for strategic decision-making and opportunities for participation in emerging markets.