He made this known while speaking on ‘Challenges Facing Agribusiness Investors in Nigeria.’ at the ongoing Agric Expo and Conference, organised by Nigeria Agribusiness Group in collaboration with other private and public sector agencies.
Dangote said: “The security situation in the country is discouraging agribusiness investors. Most of the people that own large farms on the Kaduna-Abuja Road have abandoned their farms due to the menace of kidnapping.”
He also lamented bottlenecks in access to land by agribusiness investors, which he traced to the Land Use Act, and cautioned that if the Act was not revisited, it will impede the expected and desired diversification of the economy.
He, therefore, advised that government at all levels should begin to work together, where necessary, on proactive approach, particularly on securing land for commercialized agriculture.
“Agriculture cannot thrive in this country, except there is cooperation between all the agencies of government. Inter-governmental cooperation is lacking in terms of galvanizing the kind of support that investors need in the sector,” he stated.
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