The Federal Government has expressed its commitment to accelerate the implementation of the African Development Bank’s AfDB Special Agro-Industrial Processing Zones SAPZ project in the country.
The Minister of Agriculture and Food Security, Abubarka Kyari, said this at the Agro-Industrial Processing Zones Phase 2 Inception Workshop in Abuja.
According to the minister, the project is designed to diversify the country’s economy by changing agriculture to becoming a profitable economic venture.
He said it would provide a win-win scenario for investors, government and citizens, adding that it was open for more collaboration from investors.
The minister then pledged the commitment of the government to work with the states and private sector to mobilise resources for the implementation of the project.
Earlier, the Director-General, Nigeria Country Department of AfDB, Lamin Barrow, said the Agro-Industrial Processing Zones sought to promote the development of value chain for strategic commodities in Nigeria and across Africa.