African Outlook Online

Business, Economy, Money & Investment News

Former Mexican President, Fox, Tasks Nigerian Government to Emulate His Country's Agriculture Success Story

Former Mexican President, Fox, Tasks Nigerian Government to Emulate His Country's Agriculture Success Story

By AfricanOutlook Reporter

Former President of Mexico, Vicente Fox, on Wednesday called on Nigerian Government to learn from his country's success story in Agriculture as a way to move the country forward and rank among leading nations in food production.

Ogun State Governor, Sen Ibikunle Amosun (3rd left), his wife, Olufunso (3rd right), Former Mexican President and Keynote Speaker, Vicente Fox (left), his wife, Marta (2nd left), Hon Vice President of European Investment Bank and Former Prime Minister, Republic of Slovenia, Anton Rop (right) and Chairman, Troyka Group, Mr. Biodun Shobanjo (2nd right), during the opening ceremony of Ogun State Investors' Forum 2014 in Abeokuta.

He stated this while delivering a lecture at the 2014 Ogun State Investors Forum held at the June 12 Cultural Centre, Abeokuta, boasting that as at today Mexico accounts for 70 per cent of fruits consumed by Americans. Hear him, "For Nigeria and the African continent to attain rapid economic development, its leaders must develop passion and innovation to drive it to another level."

 

Fox who was accompanied by his wife, while speaking further noted that the country needs to set a road map or pathway to start a journey that would upgrade it from its present status,stressing that integration and unity among the countries should serve as a major ingredient that would move the country to a higher pedestal.

 

"Like the case of Latin America, those of us that are still far from attaining the status of developing nation, should learn from Mexico's success story. It shouldn't take us anything to move from manufacturing economy to knowledge economy," he posited.

 

The former Mexican number one citizen added, "Agriculture can help countries move to the next stage. It is only through the improvement of the economy that countries can move to the next level."

 

He lamented that Agricultural technology today, is archaic, hence, the need for government to bring new technology to the people and provide enabling environment for investors.

 

In his opening speech, Ogun State Governor who doubles as the Chief Host, Senator Ibikunle Amosun said urban development with focus on housing remains the most important investment to create jobs, but added that this would be realistic with investors being transparent and accountable in their participation.

 

His words, "On Urban development, housing is the most useful investment tool to create jobs, but in achieving this, there must be transparency and accountability, with private sector participation."

 

Amosun said the development of the cities and towns is critical importance to growth, adding that he stands the importance of achieving this in a sustainable manner. The governor opined that effective collaboration between government and business is a sine qua non for dealing with problems in societies today.