USAID To Launch Industry Studies For Development In Nigeria

USAID To Launch Industry Studies For Development In Nigeria

The Nigeria Expanded Trade and Transport (NEXTT) project funded by the United States Agency for International Development (USAID) Nigeria will be launching eight model business/industry studies for processing, export and subsequent development of their value chains in Nigeria.

The event which is scheduled to take place at the Small and Medium Scale Entreprise Development Agency (SMEDAN) office in Abuja, on Monday August 14, 2017, will feature commodities like cassava, ginger, kenaf, moringa, sesame, shea, soya milk and yam flour which “form a great deal of staple food consumed across Nigeria as well as export market.”

According to Marc Shiman, NEXTT Chief of Party, in a  press release made available to SI Magazine, “There are remarkable unexploited opportunities in many of Nigeria’s agricultural value chains for entrepreneurs to take advantage of, and the more these opportunities are exploited, the more jobs will be created, foreign exchanged earned, industries modernised, and competitiveness increased. By providing these turn-key solutions, NEXTT is hoping to accelerate investment in these value chains by Nigerian entrepreneurs”.

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