The Governor of Delta State, Governor Ifeanyi Okowa in the pursuit to revive the agricultural sector has secured a $40 million investment deal to spur growth and development in the agricultural sector.
The investment is under a Public-Private Partnership (PPP) arrangement which is aimed at revamping the agricultural sector for the collective of Songhai State and the country at large.
According to the council, Songhai Delta which was established by the administration of former governor James Ibori has become a shadow of its former self.
Addressing the media in Asaba on the outcome of the State Executive Council meeting, Commissioner for Information, Charles Aniagwu, said the present administration of former Governor Ifeanyi Okowa was determined to revamp the agricultural sector for accelerated growth.
Mr. Aniagwu disclosed that the state was in partnership with a consortium of firms to achieve the set objective.
In empowering the youth with skills and technical know-how in the agric sector, he added that approval has been given for the third cycle of the Rural Youth Skills Acquisition Programme RYSA) for 2022 to accommodate 810 youths in the state.
In addition, he further stated, “Under Delta Cares Scheme, the council approved areas one and two to take care of the vulnerable groups and FADAMA project to meaningfully engage youths in partnership with the World Bank.”
The commissioner added that the council further approved the furnishing and equipping of the leisure park and film village, Asaba, adding that the facilities would be commissioned in May for use by Nollywood practitioners across the country.
The investment is expected to promote economic growth; thereby translating into employment opportunities for the youth, contributing to the GDP of the country, and ensuring food security in the country.
“The investment is under a Public Private Partnership (PPP) arrangement which is aimed at revamping the agricultural sector for the collective of Songhai State and the country at large”
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