The Lagos State Government has moved to reduce vulnerability to food shortages and guarantee uninterrupted food supplies as it has flagged off the construction of what will be the largest Food Security Systems and Central Logistics Park in sub-Saharan Africa.
The groundbreaking ceremony was performed on Wednesday by Governor Babajide Sanwo-Olu, at the site of the facility being built on 1.2 million square metres of land in Ketu-Ereyun, Epe.
The establishment of the food park is a component of an audacious 5-year Agricultural and Food Systems Road Map (2021–2025) launched in 2021 by the Sanwo-Olu administration to enhance food sufficiency in Lagos.
To create wealth for over 5 million traders, guarantee food supplies to over 10 million Lagosians
The central food and logistics hub is expected to create direct wealth for more than 5 million traders in the agricultural value chain when completed, while also guaranteeing uninterrupted food supplies to more than 10 million Lagosians, at least 90 days, in a period of scarcity.
Transactions on food items in Lagos are estimated to be N5 trillion yearly, just as farmers daily lose 40% of produce worth millions due to lack of post-harvest storage system.
Read the original story on NairaMetrics
English
Chinese (Simplified)
Dutch
French
German
Hausa
Hindi
Igbo
Italian
Japanese
Portuguese
Russian
Spanish
Yoruba