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Nigeria to host expo in Lagos to enhance sustainable agriculture value-chain


Devdiscourse News Desk Abuja
Updated: 27-08-2019 16:11 IST
Nigeria to host expo in Lagos to enhance sustainable agriculture value-chain

The participants and various agribusiness practitioners at FirstBank Agric Expo will find new opportunities in the agricultural industry. Image Credit: Facebook / First Bank of Nigeria Ltd.

Nigeria is going to host FirstBank Agric Expo on August 30 this year at the Eko Hotel and Suites in Lagos. The objective is to enhance the sustainable agriculture value-chain as a substantial source of the West African country's economic development.

Established in 1894 as Bank of British West Africa, First Bank of Nigeria has recently made the announcement of raising FirstBank Agric Expo 2019 under the theme "Agricultural Value Chain – Spotlighting Opportunities and Managing Risks."

According to NAN, FirstBank Agric Expo is intended to endow with a podium for a national discourse on sustainable agriculture value-chain as a substantial source of Nigeria's economic development and accordingly emerge with right solutions to develop contribution to her balance of trade including foreign exchange.

The imminent FirstBank Agric Expo will host more than 600 delegates and over 60 exhibitors who will be displaying the latest technology in farm equipment, tools and machineries including packaged financial agricultural produce, logistics and supply. The participants and various agribusiness practitioners will find new opportunities in the agricultural industry.

Apart from the stipulated sessions, FirstBank Agric Expo is said to be featuring three masterclasses with in-depth analysis on specific areas of agribusiness, facilitated by Subject Matter Experts. The Masterclass facilitators include 3T Impex Trade Centre, Bamidele Ayemibo, Group Executive Director, Saro International Limited, Leonard Anyanwu; Team Lead, Kominity Digital, Segun Ogunwale, and Managing Director, who will be providing insight and share success stories and experiences.

"In the last 125 years, more than any other financial institution, we have played a key role in financing different sectors of not just the Nigerian economy but other economies in sub-Saharan Africa. As Nigeria expands opportunities in its non-oil sector – especially Agriculture – we remain committed to the growth of the agricultural sector and its contribution to the nation's Gross Domestic Product," Dr. Adesola Adeduntan, CEO of First Bank of Nigeria opined.

First Bank of Nigeria has successfully made its subsidiaries in other nations like Democratic Republic of the Congo, China, Ghana, Guinea, Senegal, Sierra Leone, South Africa, the United Kingdom, UAE and France.

Also Read: China's oil company seeks expansion after investing $16mln in Nigeria's crude oil sector

COUNTRY : Nigeria