The Silvex International, a Kano-based agro-processing company, has solicited for the support of the African Development Bank (AfDB) for the establishment of private Agro-Industrial Park in Kano.
Alhaji Abubakar Garba Ibrahim, the company’s Chief Operating Officer, who stated this in a statement, said the park would be sited at Bunkure local government area.
Read also: Tinubu Suspends EFCC’s Chairman, Bawa
He said that the company Managing Director, Alhaji Abubakar Usman Karfi, made the request during a meeting with AfDB officials and investors, after the Feed Nigeria Summit, 2021, held in Abuja.
“Silvex International engaged the apex regional bank, along with other private investors, investment brokers and commercial banks to attract business partners to the first Agro-Industrial Park in Nigeria,” he said
According to him, the project has the potential to create thousands of direct and indirect jobs to people.
Read also: Alleged $1.3m Fraud: EFCC To Arrest APC’s Senatorial Candidate, A.A Zaura
“You may recall that Gov Abdullahi Ganduje has approved the establishment of the Agro- Industrial Park, in June, 2021, as part of the state’s contribution for achieving food sufficiency in Nigeria.
“Kano has the strategic advantage as the leading hub for aggregation and trade of major agricultural commodities.
“It is a favourable investment destination with security, safety and infrastructural facilities like electricity, road networks, rail line, Dry Inland Port and government policies on ease of doing business,” he said.
Read also: Kano Commences Fumigation of Boarding Schools
In his remarks, the AfDB President, Prof. Akinwumi Adesina, represented by his Senior Special Adviser on Industrialization, Prof. Oyebanji Oyelaran-Adeyinka, assured that AfDB would partner with all stakeholders in supporting investments in agriculture sector in Nigeria.
He also stressed the need for synergy between the Special Agro-Processing Zones (SAPZ) currently under construction by the bank and the proposed Agro-Industrial Park in Bunkure, Kano state.
