Farmer Outlets

{Farmer Outlets}{126-128 Ekoro Road, Abule Egba}{Abule Egba}{100276}{Lagos}{Nigeria}{(234) 70592-32172}
126-128 Ekoro Road, Abule Egba Lagos Lagos
Phone: (234) 70592-32172
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The Federal Institute of Industrial Research, Oshodi, (FIIRO), Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) and the Petroleum Technology Development Fund (PTDF) are collaborating to enhance growth and improve food production.

 

FIIRO Director-General Prof Gloria Elemo said the tripartite agreement would utilise indigenous technologies to diversify the economy, create jobs, improve the Gross Domestic Product (GDP) and impact on the socio-economic wellbeing of citizens.

 

According to her, the partnership will fast-track development of the agricultural sector through special focus on commodities that the nation had comparative advantage in producing.

 

Elemo said FIIRO will utilise its competency to fabricate and install processing machinery and equipment for micro, small and medium enterprises as well as render technical consultancy services to large scale enterprises in the agric value chain.

 

The partnership, she stressed, would focus on the agricultural sector based on its strategic role to drive the nation’s diversification plan.

NIRSAL Managing Director, Alhaji Aliyu Abdulhameed, also said the agency was well funded by government with over $500 million to finance agric projects and its value chain.

 

According to Abudulhameed, the government had empowered NIRSAL to play an active role in tackling and coordinating key issues in agriculture sector to ensure that increased food production and proposed industrialisation agenda become a reality.

 

He reiterated NIRSAL’s readiness to adopt FIIRO’s Tomato Catalytic Model Plant already operating in Kano as a model for enhance agricultural value chain in the country.

NIRSAL’s interventions, he said, would increase producer’s access to credit, boost income and standard of living and assist in the realisation of a stronger post-oil economy.

 

PTDF Executive Secretary, Bello Aliyu, said the agency was in the partnership to develop human capacity towards transforming the country into an industrial hub through indigenous technology.

 

Source:  http://worldstagegroup.com/index.php?active=news&newscid=42686&catid=36

    

 

26th January 2018