Latest Politics

Osinbajo inaugurates 200,000-capacity yam storage facility in Benue

Vice President Yemi Osinbajo said on Tuesday the problem of post-harvest losses due to poor storage of the nation’s agriculture produce would soon be a thing of the past.

Osinbajo, according to a statement issued by his Senior Special Assistant on Media and Publicity, Laolu Akande, said that improving the working and trading environment for small and medium-sized businesses through shared facilities, Micro, Small and Medium Enterprises (MSMES) clinics and other government interventions were critical parts of the Federal Government’s drive towards supporting MSMES in the country.

Speaking at the virtual inauguration and handing over of the 200,000-capacity Yam Storage Facility at the Zaki Biam International Yam Market in Benue State, the vice president disclosed that post harvest losses recorded by farmers due to poor storage of the nation’s agriculture produce would be a thing of the past if more storage and processing facilities like the new storage facility in Benue State were established around the country.

The 200,000-capacity Yam Storage Facility is part of the National MSMEs’ Shared Facility Scheme being implemented by the federal government under the National MSMEs Clinics put in place by the current administration.

Osinbajo said: “The market has had very little storage capacity and its infrastructural facilities are way behind its capacity and the size of commerce that goes on here daily.

READ ALSO: Osinbajo presides over NEC meeting

“Besides, post harvest losses have been the bane of agricultural production in Nigeria: Nigeria produces 17 million tons of yam annually, but loses up to 40 percent on account of inadequate storage and processing facilities

“Following discussions between the federal government’s MSME Clinics project, the Benue State government and market stakeholders, it was unanimously agreed that this 200,000 capacity Yam Storage Facility should be located right here in Zaki Biam, Benue State.”

He said President Muhammadu Buhari was excited about the inauguration of the facility.

“A major concern for him has been that the COVID-19 crisis does not in any way disturb agriculture and the food supply chain.

“That we are able to commission this project in the midst of the pandemic is especially heart-warming for him,” the vice president added.

Join the conversation

Opinions

About the author

Ripples Nigeria

We are an online newspaper, very passionate about Nigerian politics, business and their leaders. We dig deeper, without borders and without fears.
www.ripplesnigeria.com

/* ]]> */