FG, NDDC mobilise $500m Niger Delta agric fund to galvanize food production
Meanwhile, in his remarks, the Managing Director, Niger Delta Development Commission, NDDC, Dr Samuel Ogbuku, expressed optimism that the Summit opens a new vista for the people of the Niger Delta region as the $500 million Fund is to drive agricultural revolution that would unlock the hidden potential overshadowed by oil and gas production over seven decades, which the region was known for before oil discovery.
The Vice President, Senator Kashim Shettima while delivering his speech at the Niger Delta Agricultural Development and Investment Summit, jointly convened by the Office of the Vice President and the Niger Delta Development Commission (NDDC), at the Banquet Hall, Presidential Villa, Abuja acknowledged the Nigeria’s development before the advent of oil and gas discovery was driven by an agrarian economy, and the foundation of Nigeria was laid upon it, which “before the barrel, it was the soil that paid our bills.
By Gabriel Ewepu ABUJA – The Federal Government on Wednesday mobilised a $500 million Niger Delta Agricultural Investment Fund to galvanise food production, employment generation, and industrialisation in the Niger Delta region.
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