The proposed Agric City in Kwara State, envisioned by the Saudi Investment Company, Zain Al-Abdin group, held the promise of creating millions of jobs and boosting the agricultural sector. Unfortunately, due to the carelessness of Nigerian officials, this initiative was marred by delays, resulting in a lost opportunity for the country’s economic growth.
The Chairman of the investment group, Zain Nafawi, expressed the Saudi Arabian government’s support for investing in agriculture globally, particularly in Africa. The choice of Kwara State for this ambitious project was well-founded, considering the region’s successful track record in large-scale agricultural investment, exemplified by the Shonga farm initiative.
The new administration must learn from past mistakes and demonstrate a proactive approach to welcoming foreign investments. By streamlining bureaucratic processes, offering necessary support, and ensuring a conducive business environment, Nigeria can prove its commitment to diversifying the national economy through agriculture.
The new administration must learn from past mistakes and demonstrate a proactive approach to welcoming foreign investments. By streamlining bureaucratic processes, offering necessary support, and ensuring a conducive business environment, Nigeria can prove its commitment to diversifying the national economy through agriculture.