Agricultural investment: Recovering Nigeria’s missed opportunity, By Abubakar Adamu

Agricultural investment: Recovering Nigeria’s missed opportunity, By Abubakar Adamu

…Nigeria’s failure to capitalise on the Saudi Arabian agricultural investment opportunity in 2017 was a missed chance for economic growth and job creation. However, with a new administration and the Nigeria Saudi Chamber of Commerce’s willingness to revive the project, there is hope for a brighter future. Nigerian officials must reflect on past mistakes and work diligently to create an enabling environment for foreign investors…

On 1 March, 2017, the prospect of a groundbreaking agricultural investment of Saudi Arabia in Nigeria was met with enthusiasm and hope. 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 vision of the Agric City was one of immense…

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