The Nigeria Export Processing Zones Authority and, Nigeria’s first Digital Agriculture Platform, Farmcrowdy are discussing options for the establishment of an Agriculture Special Economic Zone for Nigeria.
Farmcrowdy boss, Onyeka Akuma had visited the Managing Director of Nigeria Export Processing Zones Authority (NEPZA) to present the company’s plans of adding value through agriculture products processing and expansion of the sector through a special zone.
Akuma further informed the NEPZA boss that his firm plans to play an important role in the export of processed agricultural products to other African countries as soon as the AFCFTA commences.
While seeking the support of NEPZA, Akuma said it is time Nigeria increases its non-oil exports and earn the much needed foreign exchange in a more diversified economy, adding "we at Farmcrowdy are poised to go to the next level of our organizational development by looking at using the Special Economic Zones to actualise our dream"
While responding, the MD of NEPZA, Professor Adesoji Adesugba expressed the agency’s readiness to partner with Farmcrowdy for such economic zone, describing Farmcrowdy as "an innovative firm with great contribution to agricultural business in Nigeria.
“I have known Onyeka Akuma as a trailblazer in revolutionizing agriculture through the use of technology and crowdfunding since the inception of Farmcrowdy. Nigeria is paying special attention to agricultural development in order to feed an ever growing population, create jobs and generate wealth to eradicate poverty.
"The Nigeria Export Processing Zones Authority, NEPZA is ready to support Farmcrowdy in its plan to set up an Agriculture Special Economic Zone. I have no doubt at all about the ability of the young Nigerians in Farmcrowdy in making great things happen in this ever important sector of the Nigerian economy", the NEPZA boss said.
He restated his commitment to transform the Authority into a truly investors' service entity to multiply foreign direct investment in the country.
Farmcrowdy launched in 2016 is Nigeria’s First Digital Agriculture Platform that empowers rural farmers by providing them with improved seeds, farm inputs, training on modern farming techniques provides a market for the sale of their farm produce.