Home / BUSINESS / Adesina Receives More Kudos on Green Revolution in Africa
African Development Bank (ADB) President Akinwumi Adesina poses after addressing a press conference in Ahmedabad on May 20, 2017, ahead of the ADB Annual General Meeting. The African Development Bank will hold its 52nd Annual General Meeting in the western Indian state of Gujarat from May 22-26, the first time the event has been held in India. Some 4500 delegates including Finance Ministers and Central Bank Governors from the organisations 54 member countries and 26 non-member countries are expected to attend. / AFP PHOTO / SAM PANTHAKY

Adesina Receives More Kudos on Green Revolution in Africa

By Yemi Akinsuyi:

The Abuja Chamber of Commerce and Industry (ACCI) has joined the list of those hailing former Minister of Agriculture and Rural Development, and President, African Development Bank, ADB, Dr. Akinwumi Adesina for setting high standard, and breaking new ground and driving the Alliance for a Green Revolution in Africa. The Chamber said Adesina was able to attain remarkeable progress with tangible outcome and measurable impact, including adding 21 million metric tons to Nigeria’s food production alongside US$5.6 billion in private sector investments
The incoming President of the Chamber, Kayode Adetokunbo, while congratulating Adesina for emerging the 2017 World Food Prize Laureate, said the milestone was a confirmation of his outstanding performance, tremendous accomplishments and excellent contributions to humanity in general and in particular to the development of the Africa continent by promoting food security and creating wealth for millions.
Adetokunbo said: “Specifically, we acknowledge the agriculture initiatives which you conceived and through painstaking planning and coherent execution strategies, have transformed agriculture practices and model in Nigeria. As a result of the innovation, pragmatism and professionalism you inculcated in the Nigerian agriculture sector, our nation is moving toward self-sufficiency in rice production to end importation. Similarly, the cassava value chains is developing with increase and improve derivatives, new processing firms are emerging and jobs created down the line. In response, other African countries are replicating this model and equally getting positive outcomes.
“You have raised the bar by introducing the Feed Africa Strategy, a U$24 billion, targeted investment plan over the next 10 years, to unlock the potential of African agriculture and consequently end food importation, eradicate food insecurity and eliminate hunger going forward. Apart from food security agenda, we believe that the agriculture revolution being championed by you is sine qua non to making Africa the next global industrial powerhouse.
“At the Abuja Chamber of Commerce and Industry, we see “New Deal on Energy for Africa”, that focuses on promoting right energy mix through expanded grid network as well as leveraging on off-grid sources as the game changer, the strategic imperatives to break the perennial energy conundrum that has plaque our continent for too long. As you are transforming agribusiness across Africa, we are convinced of your ability, doggedness, expertise and commitment to ensure Africans have energy for domestic and industrial uses.
“When these initiatives consummate, it will restart our moribund industrial sector and place Africa at the top of value chains of its commodities.”
He added: “Against this backdrop, we want to state categorically that this honour bestowed on you is well deserved and would motivate you to go further. In addition, I am using this medium to reemphasize our belief in your vision to transform and create wealth for Africans. The Abuja Chamber of Commerce and Industry, as the foremost representative for business and industry in the Federal Capital Territory, we shall continue to engage all stakeholders and mobilise the business community and the private sector at large to key into these laudable initiatives and projects to facilitate economic development across Africa.”

About Daily Asset

Check Also

Heritage Meets the Future., as Lufthansa Presents a New Brand

The world’s biggest airline group and the market leader in Eu-rope’s airline sector, Lufthansa has …

AMCON Takes Over Daily Times Plc

In continuation of its recovery activities in the new financial year, the Asset Management Corporation …

Leave a Reply

Your email address will not be published. Required fields are marked *