Delta State Governor, Rt. Hon. Sheriff Oborevwori, announced on Tuesday that his administration plans to utilize the Special Agricultural Economic Zones to create over 50,000 jobs, enhancing the well-being and economic prosperity of the state.
Speaking at a meeting with officials from the African Development Bank (ADB) and other key agricultural institutions at Government House in Asaba, he emphasized the program’s potential to boost food security, agro-processing, employment, export earnings, and infrastructure development, ultimately impacting the state’s GDP positively.
Governor Oborevwori expressed gratitude for Delta State’s selection for the program’s second phase and pledged his administration’s commitment to its success.
He highlighted the state’s rich agricultural resources, suitable for growing palm fruits, cassava, maize, yams, plantains, and various vegetables.
Read also:
- SMEDAN launches talent hunt for innovators in agriculture, tech & entertainment
- NDE trains 33,692 Nigerians in vocational, business skills
- Insurance loss adjusters urged to seize AfCFTA opportunities for growth
- FG to strengthen cold chain infrastructure to cut post-harvest losses
- Delta’s Oil Palm Initiative unlocks wealth for SMEs, communities
The establishment of the Special Agricultural Processing Zone is seen as a critical element in transforming Delta’s agricultural ecosystem.
Dr. Chuma Ezedinma, leading the ADB delegation, praised Delta’s innovative Special Purpose Vehicle (SPV) model for managing industrial zones, noting its potential to set a precedent. He stressed the importance of a Public-Private Partnership approach for development.
Additionally, Pastor Godwin Akpovie, Managing Director of the Delta State Free Trade Zone, mentioned that facilities like the Free Trade Zone Operations Centre in Kwale and the Osubi Agro Transformation Centre would contribute significantly to job creation in the state.
Discover more from SMALL BUSINESS INSIGHTS
Subscribe to get the latest posts to your email.
