Blumberg Grian was featured in a Leadership article this week titled "Agriculture Will Lead Nigeria’s Economy In 2015" in which Olukayode Oyeleye examines the current growth in the nation's economy, and Blumberg's contribution to it. An excerpt follows:
One of the things that hallmarked the 2014 was that several meetings were held, with the Honourable Minister, Dr. Akinwumi Adesina, personally presiding, to steer the direction and purposes, which ensured quick decision-making and FMARD commitments, to the benefit of the private sector. The A & I unit enhanced the credibility of the FMARD among private sector as a superior resource in agribusiness development.
Foreign companies saw through the rising profile and prospects of agricultural sector and came calling. One of them is Blumberg Grain; its total investment is estimated at about US $250 million. The project is on fast track implementation timeframe. The contribution of the unit to the first-ever piloting of an electronic warehouse receipt system with government assets, through a public private partnership was notable. The ministry has proved that so much could be done in the right direction to move the sector forward, with the private sector at the forefront. In Kebbi State, farmers experienced firsthand keys to extension of onion shelf life, including varieties, harvesting method, storage conditions (temperature and humidity control) and packaging.
To read the full article, click here. For more news and information visit Blumberg Capital Partners.
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