News Agency of Nigeria
👁️ 265 views
Lawmaker tasks Africa on harnessing internal strengths for economic growth

Lawmaker tasks Africa on harnessing internal strengths for economic growth

follow and like on:
X (Twitter)
Visit Us
Follow Me
Instagram
Telegram
59 total views today

By EricJames Ochigbo

The Chairman, House of Representatives Committee on Public Petitions, Rep. Kwamoti La’ori (PDP-Adamawa), has urged African nations to harness their internal strengths for economic growth.

La’ori, who made the call in an interview with newsmen on Tuesday, recommended regional collaboration and a renewed focus on agriculture, agro-industrial value chains which presented significant opportunities.

He said Africa’s growth and development would not come by aid, but through mutual cooperation, strategic investment and a shared vision of prosperity.

He noted that Tanzania’s globally renowned Sisal industry was one of such opportunities, adding that the Sisal Industry, popularly known as green gold, was a sector with deep historical roots and immense potential.

According to him, Tanzania stands as Africa’s leading producer of sisal, accounting for more than 35 per cent of global output.

“Sisal is not only vital to traditional applications such as ropes, mats, and sacks, it is also a key input for modern uses including carpets, composites, and biodegradable geotextiles.

“This makes it a strategic commodity in today’s environmentally-conscious global economy,” he said.

La’ori emphasised that the Sisal Industry in Tanzania was supported by a comprehensive institutional framework that covered cultivation, processing, research and export.

He disclosed that he had interacted with the High Commissioner of Tanzania to Nigeria, Amb. Selestine Kakele and the Director General of the Tanzania Sisal Board, Mr Saddy Kambona.

The lawmaker affirmed that the sector presented a clear, ready-made opportunity for strategic investment by African partners.

He urged Nigerian investors, cooperatives, agro-industrialists and development partners to look beyond national borders and use the opportunity to invest in Tanzania’s sisal value chain.

See also  NLC sacks Abure-led Labour Party leadership

He also called for investments in plantation development, fibre processing, finished products as well as export logistics. (NAN)(www.nannews.ng)

Edited by Esenvosa Izah/Christiana Fadare

follow and like on:
X (Twitter)
Visit Us
Follow Me
Instagram
Telegram

Published By

Magdalene Ukuedojor
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
X
Welcome to NAN
Need help? Choose an option below and let me be your assistant.
Email SubscriptionSite SearchSend Us Email
0
Would love your thoughts, please comment.x
()
x