The Niger Delta Development Commission (NDDC) is set to mount a world class agric investment summit. The upcoming summit is expected to open financing windows up to $5bn to help begin an agric revolution.
This is said to be part of a food security project by the interventionist Commission in its move from transaction to transformation.
The agric revolution backed by the Federal Government is expected to bring food back to the region.
For long, the Niger Delta region has been turned into consumer zone in food and manufactured goods. The region which was known to produce and supply fish, garri, palm oil, etc, to the rest of Nigeria has been pushed into a consumer region and importer of items.
The reason is not far-fetched. The oil boom that began at about 1960 attracted many waves of migration into the region, thus creating millions of mouths but no hands to produce food. This turn of event attracted a wave of suppliers across the country and beyond that pursued demand to wherever it was found and turned the oil region into a high-cost economy.
