Foreign investors to commit $11m to greenhouse vegetable project


Wells San-Carlos Green House Farms Limited, a Mexican company has revealed it plans to invest about $11million in Green House vegetable project in the Nigeria agricultural sector.
Welcoming the proposal during a meeting between the ministry and the representatives of Mexican investor, recently at the Ministry’s Headquarters in Abuja, the Minister of Agriculture and Rural Development, Chief Audu Ogbeh, said 45 million hectares of land was still left uncultivated and solicited the support of the Mexican investor in reaching out to other investors in Mexico on the investment opportunities in the agricultural sector in Nigeria.
Chief Ogbeh stated that Mexico supplies 60% of fruits to Europe and therefore requested the investor to help in the training of young people on extension programmes or establish a school to train farm managers. According to him, “Creating Jobs should be a priority now to avoid any revolt from the young people”.
The minister encouraged the investor to consider investing on plantain, bananas, and snails, saying that apart from the 200million population of Nigeria, the country still feeds about 70 million people outside the country. He however advised the investor to consider the use of liquid fertilizer for its Greenhouses and assured of the ministry’s support towards the success of the project.
In his remarks, the Minister of State for Agriculture and Rural Development, Senator Heineken Lokpobiri, expressed his delight having noted that the project would create 85,000 jobs and commended the level of commitment of the investor.
Also, the Executive Director of the Nigerian Export Promotion Council (NEPC), Mr. Olusegun Awolowo, solicited support from the ministry on dam and irrigation facilities; Guarantees for all Foreign Direct Investments (FDI) on agriculture; Work Permit for the expatriates coming for the project; Training on farm management and fertilisers for the greenhouses.
The Chairman, Wells San-carlos Agro Farms Limited, Captain …Read More

Source:: Nigerian Pilot