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Agric value chain expansion project to boost foreign exchange by $100bn per year ― FACAN

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The President of the Federation of Agricultural Commodity Association of Nigeria (FACAN), Dr Victor Iyama has disclosed that the Agricultural Commodity Value Chain Expansion Project will generate more than $100 billion of foreign exchange for the country and adequately support Nigeria’s economy.

Speaking in Abuja, Iyama said “we shall be using this medium to improve Trade Information that shall bring the Agricultural Commodity sector into a formal and organized modern business that will attract the love of young Nigerians.

“The project will have a systematic approach to job creation and building of wealth to at least two million Nigerians in the area of Logistics, Processing, Supply Chain Management, Agricultural Extension Services and Establishment of new Agricultural product aggregation.

“We are currently implementing strategic partnership with the Federation of Agricultural Commodity Association (FACAN) which is an umbrella body of 75 National Agricultural Commodity Association.

On his part, President of Information Marketing and Management (IMMI), Dr Ekenechukwu Aloefuna said “we shall be using this medium to improve Trade Information that shall bring the Agricultural Commodity sector into a formal and organized modern business that will attract the love of young Nigerians.

“The project will have a systematic approach to job creation and building of wealth to at least two million Nigerians in the area of Logistics, Processing, Supply Chain Management, Agricultural Extension Services and Establishment of new Agricultural product aggregation.

“We are currently implementing strategic partnership with the Federation of Agricultural Commodity Association (FACAN) which is an umbrella body of 75 National Agricultural Commodity Association,” he stated.

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