Nigeria’s Agricultural sector attracts interest from Spain

The Embassy of Spain in Nigeria on Thursday announced that Nigeria’s current efforts at developing her agricultural sector had started attracting the interest of more Spanish companies.

The Embassy’s Chief Economic and Commercial Counsellor, Mr Pablo Segrelles, told the News Agency of Nigeria (NAN) in Lagos that the Spanish companies were ready to offer new technologies to Nigeria.

“Spain has leading companies in agricultural development. We are looking at introducing technologies for increasing Nigeria’s agricultural yields.

“We are happy that Nigeria has realised that her economy has to be diversified. And we know that Nigeria’s agricultural potential is huge.

“And with Nigeria now taking the development of her agricultural sector very seriously, Spanish companies believe that this is the moment to invest in Nigeria.

“We are going to be more interested in the development of Nigeria’s agribusiness. We want to strengthen our relations with Nigeria in the development of her non-oil sector,’’ he said.

Segrelles said that with Nigeria’s ongoing efforts at developing her agricultural sector, her economy would soon rebound.

He expressed optimism that Nigeria’s current agricultural development strides, when sustained, would reposition the nation and Spain’s bilateral trade and economic relations in the next two to three years.

The Counsellor also said that the companies were prepared to add value to Nigeria’s agricultural products, as well as her food chain, for export and domestic consumption.

Segrelles also assured of plans by the companies to train and create employment opportunities for more Nigerians in the course of their investment in Nigeria.


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