Nigeria In One Minute
Kidnapping: Lagos Farmers Abandon N20bn Investments
Efforts being made to take the country back to agriculture as a driver of the country’s economic resurgence has suffered setback in Lagos, South-West Nigeria, due to activities of kidnappers.
LEADERSHIP Weekend gathered that the dare devil kidnappers are on rampage in the state and their major targets are the farmers who they abduct from the farms for ransom.
Most of the farmers who had relocated to Nigeria to invest massively in mechanised modern farming told LEADERSHIP Weekend in Lagos that they have abandoned their farms worth over N20 billion put together as a result of security challenges.
They lamented that frequent payments of ransom to the kidnappers to rescue people abducted while working in their farms had also made the idea of using agriculture as a major anchor to diversify the nation’s economy a futile exercise.
Leadership, January 14, 2017
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