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John Deere Plans Tractor Assembly Plant in Nigeria after VP Shettima’s US Visit

John Deere Plans Tractor Assembly Plant in Nigeria after VP Shettima's US Visit
John Deere Plans Tractor Assembly Plant in Nigeria after VP Shettima's US Visit

John Deere’s Tractor Assembly Plant: A Milestone in Nigeria’s Agricultural Advancement

Following Vice President Kashim Shettima’s successful visit to the United States, a promising development has emerged for Nigeria’s agricultural sector.

The American company John Deere has expressed its commitment to establishing a tractor assembly plant within the country. This significant investment signals a major stride towards modernizing Nigeria’s agricultural landscape and bolstering the livelihoods of smallholder farmers.

The revelation of John Deere’s interest in Nigeria’s agricultural sector came to light during a crucial meeting between Vice President Shettima and high-ranking officials from the company, notably Mr. Jason Brantley, the Vice President in charge of Production Systems.

The gathering, which was orchestrated by Mr. John Coumantaros, Chairman of Flour Mills of Nigeria, saw the participation of distinguished figures including Sen. Abubakar Kyari, the Minister of Agriculture, Ambassador Lot Egopija, the Consul General of Nigeria in New York; and Dr. Kingsley Uzoma, the Senior Special Assistant to the President on Agribusiness and Productivity, among others.

In his address to the investors, Vice President Shettima underscored Nigeria’s steadfast commitment to revolutionizing the agricultural sector.

He emphasized that true self-sufficiency in food production hinges on critical elements, including mechanization, certified seeds, the provision of fertilizers, and effective agricultural extension services.

He further elucidated the transformative potential of the Special Agro-Industrial Processing Zones (SAPZs) project, which is tailored to provide the necessary infrastructure for the private sector to add significant value to Nigeria’s agricultural produce, both for local and global markets.

Sen. Shettima extended a warm invitation to potential investors, assuring them that Nigeria stands ready for partnerships.

The meeting facilitated by the Chairman of Flour Mills of Nigeria, Mr John Coumantaros, also had in attendance the Minister of Agriculture, Abubakar Kyari; the Consul General of Nigeria in New York, Ambassador Lot Egopija, and the Senior Special Assistant to the President on Agribusiness and Productivity, Dr Kingsley Uzoma, among others.
The meeting, facilitated by the Chairman of Flour Mills of Nigeria, Mr. John Coumantaros, also had in attendance the Minister of Agriculture, Abubakar Kyari; the Consul General of Nigeria in New York, Ambassador Lot Egopija, and the Senior Special Assistant to the President on Agribusiness and Productivity, Dr Kingsley Uzoma, among others.

He underscored President Bola Ahmed Tinubu’s unwavering commitment to unlocking the full potential of the Nigerian agricultural sector.

Sen. Shettima emphasized that the President had declared a food security emergency in August, recognizing the nation’s vulnerability to global volatility.

He emphasized that it was imperative to implement mechanisms that address challenges within the sector, considering the vital role agriculture plays in national stability and prosperity.

Mr. Brantley, representing John Deere, provided detailed insights into the company’s proposed investment in Nigeria.

He stressed that the project would not necessitate any financial input from the government. Instead, the initiative would require credit guarantees to facilitate accessible and affordable credit for interested individuals or groups.

Mr. Brantley highlighted that the assembly plant would play a pivotal role in providing organized tractor-clearing services for smallholder farmers across Nigeria.

This strategic move is poised to significantly enhance agricultural productivity and efficiency, thereby positively impacting the livelihoods of farmers.

Furthermore, Mr. Brantley expressed John Deere’s eagerness to promptly engage with relevant authorities in Nigeria.

This proactive approach reflects the company’s commitment to swiftly actualize the establishment of the assembly plant.

The initiative represents a powerful testament to the potential that exists within Nigeria’s agricultural sector and exemplifies the positive outcomes that can be achieved through collaborative efforts between international investors and the Nigerian government.

John Deere’s decision to set up a tractor assembly plant in Nigeria is a momentous stride towards revolutionizing the agricultural landscape.

This investment not only holds immense promise for the agricultural sector but also serves as a beacon of hope for smallholder farmers, whose livelihoods stand to benefit significantly from this development.

With the collective efforts of investors and governmental support, Nigeria’s agricultural sector is poised for a transformative journey towards greater productivity and prosperity.

 

 


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