The world will be looking to Nigeria, as its food basket – Osinbajo

Vice president Yemi Osinbajo has said that the country is now a leading investment destination for potential investors, who are serious.

Prof Osinbajo, said this in Tuesday via his official Twitter handle – According to him, many business opportunities, are increasing in the country for anyone willing to invest.

The vice president, who was in Berlin, Germany for the Nigerian-German Investment Dialogue, on Monday, revealed that, Nigeria, alongside Egypt and South Africa accounts for more than half of that total consumer spending in Africa.

Osinbajo further stated that the  world will be looking to Africa, and Nigeria in particular, as its food basket because of her huge amount of arable lands which are vastly uncultivated.

He said;

Nigeria is a leading investment destination for potential and serious investors, and the business opportunities are abundant and increasing.

Consumer spending in Africa was $1.4 trillion by 2015, with Nigeria, Egypt and South Africa accounting for more than half of that total.

With a substantial percentage of the world’s arable land and over half of that uncultivated, it is becoming clearer that the world will be looking to Africa, and Nigeria in particular, as its food basket.

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