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IITA, banks urge support for agribusiness

 

The International Institute of Tropical Agriculture (IITA), commercial banks and other partners have advised stakeholders in the agro-industry to collaborate, invest and empower youths to make the sector economically viable and productive.

This was the primary submission at the Agribusiness Investors Network organised by the Innovative Youth in Agriculture (I-Youth) held at the Ecobank headquarters in Lagos.

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The event was organised by the IITA in partnership with Mastercard Foundation and Ecobank.

Some commercial banks were represented at the forum.

The Deputy Director, General Partnership for Partnership and Delivery, IITA, Ken Dashiell, noted that it had become imperative for stakeholders to work together to empower youths in transforming Nigeria’s food system.

Dashiell said government and other developmental partners must begin to put the right policies and programmes in place to attract youths into agriculture.

The Managing Director and Regional Executive of Ecobank Nigeria, Mr Bolaji Lawal, explained that the bank was committed to supporting any investment that would stimulate the growth of Nigeria’s economy and transform the opportunities in Nigeria into business and empowerment for youths.

Lawal noted that the bank was ready and determined to tap into the energy of the vibrant young population in Nigeria by providing incentives that would make agriculture attractive to them.

A beneficiary of the I-Youth project, Areo Evelyn, the Chief Executive Officer of Farm2Fill Enterprises, stated that participating in IITA’s training programme greatly impacted her entrepreneurial journey as she now offered a variety of agricultural produce to local and international markets.

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