ITALY TO INVEST IN NIGERIA’S AGRO SECTOR

, Magazine

The commissioner of the Italian Trade Agency (ITA), Alessandro Gerbino at an invent in Abuja disclosed plans by the Italian government to invest in the Nigerian agricultural sector.

The commissioner made this known by saying that Italian government interest to invest in Nigeria’s agricultural sector is part of its effort to strengthen trade relations with Nigeria. 

He also said that it was because Italy is already known for the way it transforms raw materials that the agency plans to channel into producing high-quality products for the sector. 

The Commissioner added that, Nigeria has many raw materials that could be processed with the technologies and machinery that Italy would bring as partners.

Gerbino’s words: “Italy is famous for being able to certify a perfect combination of technology that goes from the source to the consumer at the highest performance. Italy is a country that made its fortune on its ability to transform raw materials. 

“Italy does not have its own raw materials but is one of the big economies in the world. We have achieved and transformed raw materials that we sourced because we develop the technology and also sell the technology abroad to our competitors in some areas. 

“Nigeria has raw materials and wants to diversify its economy, and the thing that comes to my mind is that Italy has high performing machinery to produce high-quality products.


The products that can be used or exported to rich markets overseas,’’ he said, as reported by News Agency of Nigeria (NAN)