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    WAAS will enhance agribusiness, GDP across West Africa – Asenuga

    Chronicle EditorBy Chronicle EditorAugust 28, 2019No Comments2 Mins Read
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    Idowu Asenuga, convener of West African Agribusiness Show, WAAS
    Idowu Asenuga, convener of West African Agribusiness Show, WAAS
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    The need  for West African countries to come together to  showcase the rich agricultural heritage of their sub-continent  and contribute to  its Gross Domestic Product (GDP) are the focus of the West African Agribusiness Show scheduled for Nigeria in 2020, Mr. Idowu Asenuga, an agric expert and top agric equipment consultant in Nigeria has posited.

    Referring to a submission by the United States Agency for International Development (USAID), Asenuga who is the chief convener of the show declared that West Africa has an abundance of natural and human resources.

    “The agriculture sector represents approximately 35 per cent of the region’s GDP and 60 per cent of its active labour force.”  He therefore added that following the economic recovery experienced in Nigeria and other West African countries in 2017, growth in the GDP is expected to rise to 3.9per cent in 2019.

    Speaking recently on the maiden edition of the West African Agribusiness Show (WAAS) slated for February 18 to 20, 2020, Asenuga said the agribusiness industry in the sub-region is set to witness a radical development as stakeholders connect to share ideas, see and experience the latest in equipment and technical know-how as well as  supplies and services deployed in the production and processing of agriculture-related products.

    He said the experiences of participants at the show will equally  lead to a major boost in the further creation and improved management of existing small,medium and large scale farming concerns in the different areas of agriculture like arable farming, poultry, snailery, piggery, apiculture  and others.

    READ: Why 9th National Assembly will not fail Buhari – Lawan

    According to him, the proposed show will give participants the opportunity to  create and enhance their brand visibility as well as establish business alliances with potential partners.

    “This show will bring together stakeholders from across West Africa in order not only to attract new prospects in agribusiness  but to make West Africa an investment hub for the agricultural and allied sectors.”

    Asenuga said participants, including farmers, product research organisations, agriculture equipment and product suppliers and buyers, agric innovators  and other stakeholders and decision-makers in the industry  are expected  from 15 countries in the sub-region.

    The countries include Benin Republic, Burkina Faso, Cape Verde, Niger, Liberia, Sierra Leone, Senegal, Ghana, Gambia, Guinea, Guinea-Bissau, Ivory Coast, Togo and Mali.

    Nigeria is the host country for the event  which is  billed for Landmark Centre, Victoria Island, Lagos.

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    NANS to FG: Prepare for more fatal stampedes or address hunger

    NANS demands rescue of kidnapped poly students in Ogun

    July 31, 2026
    Joseph Tegbe announces the federal government's plan to phase out power sector subsidies from 2027 while ruling out an immediate electricity tariff increase.

    BREAKING: FG to phase out power subsidy from 2027

    July 31, 2026
    Oloyede hands over to new JAMB registrar Segun Aina

    Oloyede hands over to new JAMB registrar Segun Aina

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