Fomer President Chief Obasanjo endorses Agric-driven Economic development

Former President, Chief Olusegun Obasanjo has expressed support to President Muhammadu Buhari on his efforts to revive the nation’s economy through agriculture.

 

Obasanjo who stated this during an interaction with journalists shortly after his visit to the Oba of Benin, His Royal Majesty, Oba Ewuare II, in Edo State, affirmed that it had become crystal clear that agriculture was the only sustainable business in the country capable of withstanding any season. 

 

He also said the move by the President would redirect the economy of Nigeria from oil.

 

“We have no other sustainable business other than agriculture that can keep us going, come rain or shine,” he said.

 

Speaking on the visit of the elder statesman to his kingdom, Oba Ewuare noted that being a successful farmer, Obasanjo would inspire the agro-allied industry in Edo to grow, adding that agricultural development was the way forward for Nigeria.

 

The Former President had visited the ancient city of Benin to inspect a multi-million dollar farm project owned by an Edo –based business man Dr. Hosa Okunbor located in Ikpoba-Okha Local Government of the State.

 

Guardian reports that Okunbor recently started a multi-billion naira agro-allied business in collaboration with a Mexican firm, Wells Sam Carlos Farm worth N150 billion. The farm is expected to generate 85,000 jobs in the State.