FCTA, CBN partner on improved diary production

Minister of the Federal Capital Territory Administration (FCTA), Malam Muhmmad Musa Bello, has said the administration is set to partner with the Central Bank of Nigeria (CBN) to improve dairy production in the country.

The minister stated that all arrangements were being put in place for the establishment of processing plants in the FCT.

This, he stated, when a delegation of dairy products and agriculture investors led by CBN Governor, Godwin Emefiele, paid him a visit in his office.

 He said the visit was coming at the right time as the FCTA was currently focusing on encouraging investment, especially in the agricultural sector in the FCT.

The minister stated that the better part of the last four years were spent perfecting infrastructure development in the city centre and strengthening institutions within the FCTA for better service delivery and now, attention was being focused on developing the business and investment sector.

He said: “During my first tenure, we concentrated on improving infrastructure within the city itself while also trying to improve on the institutional capacity of the various departments in the FCTA.

 “I am pleased to say that we have reached some reasonable milestone where we are now happy with the system we have and we can now extend to other activities. And for us, agriculture development and also encouragement of investors to the FCT, particularly to provide processing facilities is the next step we are going into and you are coming at the right time”.

Malam Bello, who enumerated the economic advantages and strategic positioning of the FCT in terms of dairy production and food sufficiency, stressed the need for the CBN to cash in towards ensuring that the vision of the federal government to diversify the economy is achieved.

The minister commended the dairy production investors for their interest to invest in Abuja and contribute to the industrial development of the nation’s capital, adding that the FCTA will do all that is required to ensure ease in the entire processes, beginning with the provision of the necessary land to situate plants and factories.

Leave a Reply