Nigeria Can Earn More from Agriculture Through Local Processing, Says IFC
– Backs Johnvents’ drive to transform Nigeria’s agric value chains Fidelis David in Akure Nigeria can earn significantly more from its agricultural resources by expanding local processing and retaining greater value
The International Finance Corporation (IFC), a member of the World Bank Group, has highlighted Nigeria's potential to earn more from its agricultural resources by expanding local processing and retaining greater value from commodities before they reach international markets. The IFC has strengthened its collaboration with Johnvents Group to accelerate agricultural value addition in Nigeria, with a focus on local processing, sustainable supply chains, infrastructure, technology, regional trade, and access to global markets.
IFC Division Director for Nigeria and Central Africa, Olivier Buyoya, praised Johnvents Group as an example of how private-sector investment can translate Nigeria's agricultural transformation agenda into tangible results.
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