Business

Firm Woos Foreign Investors To Address Nigeria’s Mechanisation Deficit

Eurobase Consult Limited has partnered foreign investors across 20 international agro Original Equipment Manufacturers (OEMs) in a move to address Nigeria’s mechanisation deficit to bolster sustainable food security.

The collaboration aims to introduce cutting-edge agro equipment and technology to the Nigerian agricultural sector with a promise of transformative impact on food production and export capabilities.
In the partnership, the company serves as the local partner and country representative for these OEMs investors from Israel, India, China, Thailand, Indonesia, South Africa, the USA, Brazil, Holland, and other nations to position Eurobase as a one-stop-shop for all agro equipment and farm technology needs in Nigeria.

The initiative, titled “Sustainable Food Security and Agro Produce Export Through Mechanisation,” is set to be showcased at the Special Agro Equipment and Technology Expo in April, 2024 in effort to replicate the success of agro projects seen in Western and Asian countries that have achieved self-sufficiency in food production and boast significant volumes of exported agro produce.

The company’s chairman, Don Ekesiobi, who briefed journalists in Abuja ahead of the event said that. “The foreign investors were carefully selected to propel the development of Nigerian agricultural business sector, we are bringing them to Nigeria to replicate same multi billion dollar agro business in Nigeria in Partnership with the federal ministry of agriculture and food security”.

The company emphasised that agricultural business is not solely the government’s responsibility but the government is expected to create an enabling environment, eliminate insecurity and high import tariffs to enable a viable agribusiness.

Ekesiobi stated that the company has positioned its programmes and policies to make food available, affordable, and accessible, while also creating job opportunities and reducing poverty through agri mechanisation and food processing in line with the President Bola Tinubu emergency declaration on food security and 8-point agenda.

He said, “Through strategic business partnership with development partners, NGOs,farmers and commodities Association, government agencies and individuals we will capture food insecurity in Nigeria through sustainable farming practices that’s climate smart, value, nutritional driven, and can satisfy the needs of Nigeria people and the demand of the international market.
If we engage intentionally within the Agro value chain we can create hundreds of thousands of jobs, wealth and foreign exchange and at same time end hunger which is the focal point of Mr. President”.

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