Oodua Investment seeks FG partnership in agriculture, tech sectors

By Kunle Sanni

Oodua Investment Company Limited is seeking a strategic partnership with the federal government to advance Nigeria’s agriculture and information technology sectors.

This was revealed by the Group Managing Director of Oodua Investment Company, Abdurrahman Yinusa, after a meeting with Vice President Kashim Shettima at the State House, Abuja, on Thursday, September 12.

Yinusa expressed satisfaction with the discussions, emphasizing the crucial role of private-public sector partnerships in driving economic growth. He underscored the company’s commitment to agriculture and information technology, referring to the latter as the backbone of the fourth industrial revolution.

According to Yinusa, Vice President Shettima reassured the Oodua delegation of the federal government’s dedication to positioning Nigeria as a global leader in these sectors, aligning with the company’s strategic goals. The collaboration is expected to stimulate innovation, enhance productivity, and contribute to national economic development.

“We are very pleased with the meeting. The outcome is essentially to ensure collaboration between the private and public sectors. There is a lot that can be done to move key sectors of the economy forward. We are particularly passionate about agriculture and information technology because they are critical drivers of the fourth industrial revolution. The Vice President has assured us that both he and President Tinubu are focused on ensuring Nigeria takes its rightful place in the global community in these fields,” Yinusa stated.

Vice President Shettima, in response, reaffirmed the administration’s strong resolve to revolutionize Nigeria’s digital economy. He noted that the government is committed to providing the necessary support, initiatives, and partnerships to ensure success in this sector.

He also emphasized that the federal government remains open to working with willing partners and stakeholders who believe in and invest in Nigeria’s future. He expressed confidence that Nigeria would soon secure its rightful place on the global stage.

During the meeting, which was led by Oodua Investment’s Chairman, Otunba Bimbo Ashiru, Vice President Shettima commended the company for its investments in agriculture, the digital economy, and MSMEs. He highlighted the critical role these sectors play in driving Nigeria’s economic growth.

“The Southwest region has enormous potential to revolutionize the country given its resources, and the policies of President Tinubu will soon manifest as some of the greatest milestones in Nigeria’s development,” Shettima stated.

Touching on the issue of the fuel subsidy, Shettima described it as a burden that had weighed down the Nigerian economy for years, along with the previously manipulated exchange rate.

“A few individuals monopolized our commonwealth and manipulated national resources. But we are now addressing these manipulations, and as can be seen, the economy is gradually recovering. We are prepared to bear the burden of leadership, and with stakeholders like you, we are crossing the rubicon. The time for reaping the benefits will soon come,” Shettima added.