The Federal Government is forging a strategic partnership on the use of solar power for cold room storages and logistics to reduce post-harvest losses, and enhance food security across Nigeria.
Mr. Wale Edun, Minister of Finance and Coordinating Minister of the Economy, disclosed this when he hosted delegations from National Agricultural Development Fund (NADF), Genesis Energy Group, USAID, and KPMG to review the progress of the project.
The initiative, the Minister says, aims to deploy cold storage facilities in strategic locations nationwide, and is expected to reduce farm produce losses and enhance supply chain efficiency.
According to Edun, “food security is a top priority for President Tinubu.” The project aligns with the government’s broader agenda for job creation, poverty reduction, and foreign investment, he says, underscoring “how recent economic reforms, including market-based pricing for fuel and foreign exchange policies, have stabilized the economy and created a conducive environment for investment.”
Key representatives included Akinwole Omoboriowo, CEO of Genesis Energy, Mohammed Ibrahim, NADF Executive Secretary and Dimeji Salaudeen from KPMG, among others.
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