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Sunday, November 19, 2017

Dangote feels Nigeria should focus on agriculture.

Dangote feels Nigeria should focus on agriculture.In an interview granted on the sidelines of the Alaghodaro investment summit recently organized by the Edo State Government, billionaire industrialist, Aliko Dangote revealed why he has intensified his group’s investments in the agricultural sector. Food security is an important aspect of this administration’s national security agenda. any person involved in smuggling of food items is a threat to our national security and will therefore be dealt with accordingly.Keying into an a sector supported by the government, gives the Dangote Group access to grants and subsidies. Essential in doing business in a harsh climate like Nigeria. In addition to creating jobs, investing in agriculture reduces Nigeria’s reliance on foreign food imports which act as a drain on the nation’s foreign reserves. Interventions in rice farming have led to a drop in rice imports in the country. Dangote feels Nigeria should focus on agriculture.

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