FMN seeks agric, tech dev’t to attract investors

The Chairman of Flour Mills of Nigeria, John Coumantaros, has urged the federal and state government to develop the agriculture and technology sector as there are tremendous opportunities for investors.

Speaking during a virtual African Trade Exchange forum organized by the United State Soybeans Exchange Council (USSEC), Coumantaros, insisted that agriculture industries are critical and countries develop by ensuring their agriculture sector thrives.

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He noted that many foreign investors would have wanted to invest in Nigeria but don’t know how or a way to get connected. With technology he insisted, it will be easy as it will hasten growth and development.

“The nation needs to move from subsistence farming to get value. That is how other economies have developed and that is how Nigeria can develop.

“Technology is key for the future of Nigeria. Nigeria has a young population, fantastic entrepreneurial minds who are creative and industrious,” he noted.

The CEO of USSEC, Jim Sutter said, “Africa plays a dynamic role in helping to feed a growing global population.”