FG Backs Cold Storage Initiative to Boost Food Security
By Patience Ikpeme
The Federal Government has thrown its weight behind the Cold Storage Initiative, a programme designed to reduce post-harvest losses and enhance food security across the country.
Finance Minister Wale Edun expressed the government’s support during a meeting with representatives from the National Agricultural Development Fund (NADF), GENESIS Energy Group, USAID, and KPMG.
The delegation presented a plan to deploy solar-powered cold storage facilities and logistics systems nationwide. These facilities are expected to minimize post-harvest losses and streamline the supply chain, addressing a major challenge in Nigeria’s agricultural sector.
Minister Edun commended the initiative, aligning it with President Bola Tinubu’s administration’s focus on job creation, attracting foreign investment, and poverty alleviation. He assured the delegation of the ministry’s full support, emphasizing the importance of such initiatives for a sustainable agricultural sector.
Key stakeholders at the meeting included Akinwole Omoboriowo (CEO of GENESIS Energy), Mohammed Ibrahim (NADF Executive Secretary), and Dimeji Salaudeen (KPMG).
With the federal government’s backing, the Cold Storage Initiative is poised to revolutionize Nigeria’s food storage infrastructure, reducing waste and ensuring food security. This development marks a significant step towards a hunger-free future for Nigeria.
