WHY US-NIGERIA AGRIBUSINESS SUMMIT?
The US-Nigeria Agri-Business Summit is the forum where innovative solutions to Nigeria’s agriculture and agribusiness industry shall be brought to the fore in the quest of the country to feed its population and trade with itself and the world.
The Continent’s population is projected to quadruple from one billion people today to 4 billion by 2100, according to a UN report released in October 2014, with Nigeria contributing the bulk of the World’s population increase.
Pressure on Nigerian food systems will increase tremendously – with Nigeria’s food demand projected to increase by 60% by 2030 by the World Bank.
The country also has major challenges in adoption of novel technologies including the use of appropriate seeds, mechanization and the adoption of good agricultural practices. Post-harvest losses can be as high as 50% in many cases.
Climate change and its effects on agriculture is bound to have the biggest effect on Nigeria’s farming, while export market requirements continue to keep Nigeria’s produce from accessing key markets due to poor quality.
However, in this calamitous scenario, continue to emerge some good news. Nigeria has continued to reduce imports of rice from Asia by empowering local farmers to grow rice over the last 5-10 years. New varieties of cassava, sorghum and sweet potatoes, adapted to Nigeria’s climate, continue to be released by research institutes. Mobile technology is making it easy for farmers to access inputs and agricultural information across Nigeria.
This conference and exhibition is targeted at providing a platform to celebrate Nigeria’s successes while at the same time find innovative solutions, through the use of technology, to Nigeria’s food production challenges.
The Summit will cover the entire agriculture value chain for the following categories:
- Crops – maize, wheat, rice, potatoes etc
- Horticulture crops – flowers, fruits and vegetables
- Animals – dairy, livestock, fish, poultry and other animals