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  • FG, Vietnam to Explore Rice, Cashew Value Chains

    Apr 9th, 2024

    The federal government is partnering with the Vietnamese government to explore areas of investment in Nigeria’s rice and cashew value chains.

    The Minister of Agriculture and Food Security, Sen. Abubakar Kyari, at a meeting with the management of the Food and Agricultural Organisation (FAO), said that the ministry recognised the immense potential within the rice and cashew value chains, particularly in processing and marketing, where Vietnam has excelled.

    “We aim to learn from their model and attract investors to Nigeria to invest in these value chains,” he said.

    He further stated that training programmes would be implemented for farmers and extension workers to adopt Vietnamese techniques in rice and cashew cultivation, as well as youth-focused programmes on agricultural small machine fabrication and processing.

    He pointed out that the initiative aims to increase production, improve quality, and enhance competitiveness in rice and cashew farming, ultimately reducing reliance on imports and enhancing food security and nutrition in Nigeria.

    “Moreover, it seeks to generate employment and income for our youth and citizens,” he added.

    In his words, “to ensure the long-term sustainability of these efforts, the project will focus on building the capacity of Nigerian institutions and farmers.

    “This includes establishing partnerships with the private sector and investments in rice and cashew production and processing infrastructure. Through these collaborative endeavors, we are committed to advancing Nigeria’s agricultural sector and securing a prosperous future for our nation.”

    At the meeting, the ministry agreed to facilitate exchange visits of agricultural policymakers, scientists, researchers, and extension workers between Nigeria and Vietnam.