WAAS will Enhance Agribusiness GDP Across W’Africa -Asenuga Assures

The Managing Director at Agri Supplies Ltd, an agriculture expert and top agriculture equipment consultant in Nigeria, Mr. Idowu Asenuga has posited 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) will be the focus of the West African Agribusiness Show (WAAS) scheduled for Nigeria in 2020.

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

He further said that, “The agriculture sector represents approximately 35 per cent of the region’s GDP and 60 per cent of its active labour force.”

Asenuga, therefore added that following the economic recovery experienced in Nigeria and other West African countries in 2017, growth in the GDP was expected to rise to 3.9per cent in 2019.

Speaking recently on the maiden edition of the WAAS slated for February 18 to 20, 2020, Asenuga, mentioned that, the agribusiness industry in the sub-region was 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 injected that, “They will also be sharing ideas on the best ways of solving Africa’s toughest challenges relating to food sufficiency and growth of agribusiness on the continent.”

He noted that, the experiences of participants at the show would 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 among others.

According to him, the proposed show would 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.” He assured.

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.