With a booming food market and rising demand, Lagos is calling on global partners to help unlock the real value in agriculture—beyond the farm.
The Lagos State Government is pushing for stronger agro-investment partnerships to drive growth across the food value chain, saying the real opportunity lies after harvest—not just in production.
Governor Babajide Sanwo-Olu, represented by Agriculture Commissioner Abisola Olusanya, made the call at the Agrofood Fair in Lagos, describing the state as Africa’s largest food consumption hub.
He noted that Lagos’ food economy has surged from ₦6.5 trillion in 2019 to over ₦16 trillion, but warned that post-harvest losses and weak processing systems are limiting farmers’ earnings and sector growth.
“Lagos is open for business,” the governor said, urging investors to bring in solutions in cold-chain logistics, food processing, packaging, and agri-tech to unlock the sector’s full potential.
International partners are already showing interest. Daniel Krull highlighted Germany’s growing investment in agro-machinery, while Bengt van Loosdrecht reaffirmed the Netherlands’ commitment to supporting Nigeria’s agricultural transformation.
With a food market estimated at $240 billion, Lagos says it’s ready to collaborate with serious investors to boost food security, reduce waste, create jobs, and position Nigeria as a global agro powerhouse.
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