• June 23, 2021

FCTA, AfDB Work Out Modalities For Take-off Of Special Agro-Industrial Processing Zones


(AGENDAWATCHDOG) – The Federal Capital Territory Administration (FCTA) and the African Development Bank (AfDB) are working out a plan for the successful launch of the Special Agro-Industrial Processing Zones (SAPZ), alongside the National Livestock Transformation Plan (NLTP).

The pledge was made by FCT Minister of State, Dr. Ramatu Tijjani Aliyu, during the launch of sales of buffer stock comprising 7,200 bags of maize and 2,500 bags of guinea corn of 50kg bags each at 50 percent subsidised rate to residents of the territory and distributed motorcycles to agriculture extension agents.

Agro-industrial town - Belzarubezhstroy

She maintained that the decisions of multi-national companies and the AfDB to invest in FCT was to boost productivity and integrate production, processing, distribution and most importantly, create jobs and wealth for the teeming youths.

She also reiterated that the FCT Administration has been making efforts to open-up the Agricultural landscape and attract suitable investment, adding that the efforts were beginning to yield the desired results.

“This is in addition to a number of local and multi-national companies that are in the process of finalising investment commitments in various agricultural value chains within the FCT,” Aliyu said.

All Hands on Deck to Implement Special Agro-Industrial Processing Zones in  Nigeria | African Eye Report

She vowed the commitment of the administration towards job creation through the agriculture value chain, stressing that a number of local and multi-national companies were in the process of finalising investment commitments in various agricultural value chains within the FCT.

The minister assured that the administration has placed priority on the agricultural sector in order to unlock its abundant potential.

POTENTIAL IMPACT: The initiative by the multi-national companies and the AfDB to invest in FCT will no doubt increase productivity and integrate production, processing, distribution and create jobs and wealth for the teeming youths.

Guinea - Special Agro-Industrial Processing Zones Development Programme  (PDZTA-BK)

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