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Nigeria’s Billionaires Now Invest in Agriculture, Says Agric Minister
['African Examiner']
Agriculture | African Examiner
Nigeria’s Billionaires Now Invest in Agriculture, Says Agric MinisterThe African Examiner,Indigenous investors who have made fortunes in other sectors of the economy are now increasingly investing in agriculture under the new dispensation of agricultural transformation agenda.
“Our billionaires used to make money” from other sectors, including oil, “now, they are moving back to the farm,” he noted.
We need to secure that future,” and “agriculture as a business is what is needed to secure that future.” The minister gave specific examples.
Another example given by the minister was cassava, a low-value crop, which is now being changed to a high-value crop.
The ways to resolve agricultural crisis: all developing countries want to move from subsistence agriculture to market-oriented.
['agriculture'
'africa'
'nigerias'
'nigeria'
'invest'
'food'
'cassava'
'cent'
'billionaires'
'sorghum'
'agricultural'
'agric'
'minister'
'dr']