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Lagos Residents Consume N4.5bn Food Daily – Sanwo Olu

Lagos Residents Consume N4.5bn Food Daily - Sanwo Olu | Daily Report Nigeria

The Governor of Lagos State, Babajide Sanwo-Olu has revealed that the state consumes about N4.5 billion worth of food daily.

Speaking during the opening ceremony of a two-day Zonal sensitization workshop, the governor recapitulates his commitment to providing the best and adequate food security in the state.

Adding that the state has a rich history of economic growth and transformation, Sanwo Olu, who was represented by the Commissioner for Economic, Planning, and Budget, Sam Egube at the event organized by the Federal Ministry of Finance, Budget and National Planning in collaboration with Lagos State Ministry of Agriculture and Lagos Ministry of Economic, Planning, and Budget, said the state will now work more on guaranteeing food security for the people with different agricultural and food value chains.

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He said;

“Although it covers only 0.4 percent of Nigeria’s territorial land mass making it the smallest in the country.

“It accounts for over 60 percent of industrial and commercial activities. Lagos is a coastal state and has an extremely limited arable land space and is home to about 21 million people.

“Its residents consume about N4.5 billion worth of food daily and 50 percent of beef produced in the country running into several billion in other trading activities with markets cutting across all the local government areas in the state.”

“Food systems are a considerable part of the national economy and have contributed significantly to many developmental issues; hence improving the food systems can influence positive changes that will address multiple challenges.”

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