International donor agencies as well as stakeholders in the agricultural sector are working in partnership to increase private sector investment in the agricultural sector. Among the stakeholders driving this initiative are the World Economic Forum, the New Partnership for Africa’s Development, the Sustainable Trade Initiative, the Grow Africa Partnership and the Nigerian Agribusiness Group.
At a stakeholders’ consultative meeting on boosting private sector investment in Nigerian agriculture organised by Grow Africa Partnership in Lagos, an opportunity was created for farmers, food processors, the public sector, agriculture and food research institutions and industrial end users to get acquainted with the interventions of the agencies and international bodies interested in the sector. Speaking on the sidelines of the event, the Chief Executive Officer of Grow Africa, William Asiko, said that Grow Africa, NEPAD and NABG had signed a memorandum of understanding aimed at bringing all players in the agricultural value chain under one roof and providing interventions for them through the government and donor agencies.