Olam Agri, a subsidiary of Saudi Agricultural and Livestock Investment Company (SALIC) and a leading player in Nigeria’s agribusiness sector, is deepening its engagement with key stakeholders to explore strategic investments aimed at unlocking new growth opportunities.
In a recent meeting with the Honourable Minister of Finance and Coordinating Minister of the Economy, Wale Edun, Mr. Anil Nair, Managing Director of Olam Agri, outlined the company’s plans to leverage emerging prospects in Nigeria’s evolving agricultural landscape.
The discussions focused primarily on business-aligned initiatives, including increased investment in fertilizer production, expanded irrigation support, and the development of processing facilities to boost local value addition.
These investments are expected to enhance agricultural productivity, drive down food prices through improved supply chains, and stimulate agribusiness growth.
While acknowledging the government’s role in broader development initiatives such as the construction of rural farm roads and the establishment of strategic grain reserves, Edun reaffirmed the government’s commitment to creating a conducive environment for private sector-led investments.
He commended Olam Agri’s strategic contributions, noting that such private sector investments align with President Bola Tinubu’s broader economic diversification agenda.
