What's Happening?
The Lagos Chamber of Commerce and Industry (LCCI) has emphasized the importance of integrating technology into Nigeria's agricultural sector to modernize practices and drive growth. During the LCCI Agric Symposium 2025, industry leaders highlighted the need to transform farming into a viable and attractive profession. Tunde Banjoko, Chairman of the LCCI Agricultural and Allied Group, stressed the necessity of repositioning agriculture in line with global best practices. He noted that challenges such as poor access to funding, lack of mechanization, and inadequate seedlings continue to hinder farmers. The symposium also showcased successful farmers using modern tools like drones and tractors to attract younger generations to the sector. Emmanuel Audu, Permanent Secretary of the Lagos State Ministry of Agriculture and Food Systems, discussed ongoing reforms aimed at reducing post-harvest losses and regulating food prices through initiatives like the Lagos State Food Systems Transformation Agenda.
Why It's Important?
The push for technology adoption in agriculture is crucial for Nigeria, where the sector is a significant contributor to GDP and employment. By modernizing agricultural practices, Nigeria can increase productivity, reduce losses, and enhance competitiveness in global markets. This transformation is vital for ensuring food security and stabilizing prices, which can have a profound impact on the economy and society. The emphasis on attracting youth to agriculture through technology can rejuvenate the sector and ensure its sustainability. Moreover, the government's commitment to supporting farmers with initiatives like the Produce for Lagos Programme can unlock financing and provide assured markets, fostering growth and innovation in the industry.
What's Next?
The Lagos State government plans to continue implementing its Food Systems Transformation Agenda, aiming to cut post-harvest losses by 25% within three years. This initiative is expected to stabilize food prices and improve the agricultural value chain. Additionally, the LCCI will likely continue advocating for technology adoption and support for farmers to address existing challenges. Stakeholders in the agricultural sector may collaborate to develop more innovative solutions and attract investment, further enhancing the sector's growth and sustainability.
