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FG – To Empower SMEs for Production of non-oil commodities

On Monday, the Federal Government of Nigeria has assured investors that the government will patronize their businesses, to ensure the growth of their various investments.

Adeniyi Adebayo, Minister of Industry, Trade, and Investment, gave the assurance while addressing a delegation from Daniel Franco Institute that visited his office to seek support for the setting up of the Rabelat Entrepreneurship Centre for Animal Husbandry in Nigeria.

FG – To Empower SMEs for Production of non-oil commodities – Adeniyi Adebayo, Minister of Adeniyi Adebayo, Minister of Industry, Trade, and Investment

Adeniyi told his guests that the Federal Government will continue to do its best to ensure that the country remains safe, both for local and international investors.

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The ministry in a statement issued in Abuja said his ministry has the edict of facilitating the development of viable non-oil commodities

This he said, was in line with quality management systems, geared towards empowering local content, indigenous food, animal production, consumption/sustainability, as well as acceptability at targeted international markets for foreign exchange earnings.

“It is imperative for the ministry to engage the institute to deliberate on the nature of strategic partnership and level of collaboration,” Adebayo stated.

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The Managing Director, Rabelat Nigeria Ltd., Ahmed Raji, said RECAH is designed to run pieces of training for both private and commercial outfits for the animal husbandry sub-sector.

Raji said the training unit would focus on the basic studies in animal husbandry and entrepreneurship, as well as provide the platform for trainees to raise and market livestock and small animals.

Raji put the cost of the project at two billion Naira, (N2,000,000,000)

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He also added that the fund will be spent on the construction of the administrative block, lecture halls, hostel, purchase of teaching aids cum other infrastructural facilities.

Considering the benefits of RECHA to the nation, he said it would help and speed up the development of agricultural business in Nigeria.

He also added that this would create over 50,000 jobs and go along way to solve the problem of herders/farmers’ clashes

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