The Nigeria Economic Summit Group (NESG) has held a
consultation forum for stakeholders in the agriculture sector
to ensure that Nigeria contributes to the United Nations'
Global Compact initiative on sustainable agriculture business
principles.
The event which held at the NESG Summit House in Lagos had
participants drawn from the academia, production, finance,
processing and distribution in attendance to brainstorm on
how global decisions affect their practice in the agriculture
sector and make contributions towards the finalization of the
UN's Global Compact white paper on sustainable agriculture
business principles
The Director General of the NESG, Mr Frank Nweke Junior,
said that the contributions of industry players from within
Nigeria would form part of the content of the white paper and
help sustain the policy initiatives of Government and engage
the private sector in ensuring the implementation of policies in
the agriculture sector.
The 16 factors identified by the participants include amongst
others; workers' rights, land use and rights, climate change,
biodiversity, protecting children, health and nutrition, supply
chains and trade, value chain financing, yield and productivity,
small-scale farmers and co-operatives, as well as institutions
and infrastructure all of which if properly harnessed will bring
desired outcomes.
It would be recalled that, for the first time, the recently held
19th Economic Summit entirely focused on agriculture,
against the backdrop that it contributes over 40% to Nation's
Gross Domestic Product (GDP), and employs majority of
Nigerians, but the country still spends huge sums in foreign
exchange, importing food annually, hence the need to improve
the lot of the sector.
De Edge Farms
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