Former Vice President, Alhaji Atiku Abubakar has declared that there is no better time than now to invest in the Nigerian economy, especially in the area of agriculture.
Atiku said this at the ground breaking ceremony of Rico Gado Nutrition Factory, in Abuja, on Saturday.
“I think I speak for my partners in this joint venture when I say: We know what we are getting into, and we’re doing it because we believe in Nigeria, because we believe that Nigeria will overcome its current difficulties, because we believe our nation will change for the better.”
Atiku, who has substantial interest in the agro-allied factory, explained that while it remains true that the nation is currently facing some economic challenges, it presents a big opportunity for investments.
According to him, he and his foreign partners were encouraged by the experience garnered in setting up a similar factory in Yola, Adamawa State at the height of Boko Haram insurgency in the North East.
He said, “Despite the doubts about our economy because of current challenges, we are confident about Nigeria’s future and about our future.”
He recalled that in January 2015, he had the privilege of commissioning the 20 tonnes per hour Yola plant which is Nigeria’s first multi-purpose animal feed mill.
Atiku noted that his friends asked if he thought it was a good idea to invest in agribusiness when he embarked on the venture in January 2013 to which he said, “I told my friend that I understood his doubts, but that I felt I had an obligation to help develop my town and my state and support the people.
“If we don’t do it, who would? I also told him that my partners in the joint venture all agreed that the time was right, and that the place would do.”
The politician and businessman said the decision to establish the factory turned out to be a wise one because today, the factory is exactly what he and his partners had hoped for – an economically viable enterprise, and a catalyst for change.
Minister for Agriculture, Audu Ogbeh, urged other Nigerians to invest and create more jobs for our youths.