Agro-Export Attracts $40bn into Nigerian Economy- Experts

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Agro-Export Attracts $40bn into Nigerian Economy- Experts

By Correspondent

According to stakeholders in the non-oil export sector, agricultural export is a multibillion-dollar business and has the potential to attract $40bn into the Nigerian economy every year. They maintained that agriculture has what it takes to save the economy.During the OG2 Conference on Export Trade, Agribusiness strategist, Mr Sotonye Anga stressed in his keynote address that there was a need to boost production and add value to Nigeria’s agricultural exports. Anga’s speech which was hinged on the theme: “The multibillion-dollar business for a non-oil sector in Nigeria,” stated that activities in the agricultural sector had the potential to reduce hunger; create jobs and wealth; and enhance food security and economic development. He explained; “If we take agriculture seriously and deliberately build our capacity in production, processing and marketing of agricultural products, we can generate and earn $40bn annually as revenue.” “Exporters can earn more by adding value to farm produce. As agribusiness people, our wealth comes from growing the crops, selling them and everything in-between.” The organiser of the conference who is also the Managing Director, OG2 Tech Consult and Investment Limited, Godwin Okoh said his company had discovered a knowledge gap in the export business which it aimed to bridge. Okoh said; “Our aim is to bridge the gap by providing relevant information and skills to young entrepreneurs. The non-oil sector is very lucrative currently and we want people to have information about the potential of agribusiness and how to be agro-exporters. “We want young entrepreneurs to know how to use the opportunities in the sector and how to make money from Nigeria’s numerous cash crops,” he added.

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