Nigeria Woos European Investors to Tackle Food Insecurity

• FG has called for European investment in Nigeria’s cold chain infrastructure to address food insecurity.

•  The call was made at the 2025 Agrofood & Plastprintpack Nigeria Exhibition and Conference in Lagos.

The Federal Government has made a fresh call to attract European investment into Nigeria’s cold chain infrastructure as part of a broader strategy to address food insecurity.

This was a key focus at the 2025 edition of the Agrofood & Plastprintpack Nigeria Exhibition and Conference, held at the Landmark Event Centre in Lagos from March 25 to 27, 2025.

Dignitaries and senior officials from Germany, Poland, and the Netherlands joined Nigerian government representatives at the event to discuss urgent solutions to Nigeria’s food insecurity.

Reports indicate that over 30 million Nigerians are currently affected by food insecurity.

The Minister for Agriculture and Food Security, Senator Abubakar Kyari, represented by the Ministry’s Lagos State coordinator Omolara Abimbola-Oguntuyi, emphasized the need for foreign investors to tap into Nigeria’s cold chain industry.

“The Federal Government is committed to ensuring food availability, accessibility, and nutritional quality,” he said. Kyari added that Nigeria is implementing policies to enhance agricultural productivity, improve market access for farmers, and ensure equitable resource distribution.

Stakeholders at the event noted that despite producing approximately 65 million tonnes of food annually, Nigeria loses 40 per cent due to inadequate cold storage infrastructure.

This results in economic losses estimated at N3.5tn. The experts argued that the agricultural sector could become highly profitable with proper investment while significantly improving food security.

The Consul-General of Germany in Nigeria, Weert Borner, reaffirmed Germany’s commitment to supporting Nigeria’s agrofood sector, stating, “Nigeria is one of six Sub-Saharan countries prioritised for intensified agricultural cooperation. Germany, both at the government and private sector levels, is working with Nigeria on political, scientific, and economic agricultural matters.”

READ ALSO: ActionAid Questions Naira-for-Crude Oil Suspension, Demands Answers from FG

Meanwhile, Lagos State Governor Babajide Sanwo-Olu, represented by Secretary to Lagos State Government Abimbola Salu-Hundeyin, underscored the importance of the event, given Nigeria’s projected population growth. He said, “By 2050, Nigeria will be Africa’s largest consumer market. Lagos remains a hub for agribusiness, food processing, and manufacturing due to its strategic location and expanding industrial base.”

The Consul-General of the Kingdom of the Netherlands, Michel Deelen, highlighted his country’s long-standing partnership with Nigeria in agrofood and affirmed the Netherlands’ commitment to facilitating significant opportunities to boost Nigeria’s agricultural sector.

FG Fulfils Promise to Corps Members, 77,000 Allowance Payment Begins

After six(6) months, the Federal Government of Nigeria under the Bola Ahmed Tinubu-led administration has finally fulfilled its promise of Seventy- Seven thousand (N77,000) naira payment allowance to corps members.

This was noted yesterday as some corps members shared screenshots of their alerts on different social media handles as proof that the payment has begun as promised.

Continue Reading Here