Agriculture and solid minerals development is Nigeria’s priority, says Buhari

President Muhammadu Buhari said on Saturday that the priority of his administration is to ensure national food security before export of food products.
The President said this while contributing to a Presidential Panel Roundtable on Investment and Growth Opportunities at the opening session of Africa 2016: Business for Africa, Egypt and the World at Sharm El-Sheikh, Egypt.

THE INUAGURATION OF AGRIBUSINESS INTER-MINISTERIAL (AIM) WORKING GROUP

     Nigeria’s Agricultural Transformation Agenda (ATA) has prioritized the private sector as the engine to drive the growth of the agricultural sector, with government creating the enabling environment. This has required the development of an effective institutional framework within the Federal Ministry of Agriculture and Rural Development (FMARD). The Agribusiness and Marketing Department (ABM) is the organ of government charged with the responsibility of facilitating private sector investments in agriculture in collaboration with Commodity Value Chain team, Regional and State Directors of the Ministry. More specifically, the Agribusiness and Investment Division is charged with the responsibility of facilitating business service delivery to the private sector in collaboration with other Ministries, Department and Agencies (MDAs) of government. Work on investment facilitation by FMARD in the past 4 years has yielded private sector investment commitments in executed Letters of Intent (LOI) and Memorandum of Understanding (MoU) to the tune of $5.6 billion. 

Cross section of AIM Group

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