Advisors ReportsAdvisors Reports
  • News
  • Editorial
  • Feature
  • Special Report
  • Oil & Gas
    • Upstream
    • Midstream
    • Downstream
  • Power
    • Generation
    • Distribution
    • Transmission
  • Renewables
    • Solar
    • Nuclear
    • Hydrogen
  • Extractive Industry
  • Maritime
Search
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: Sanwo-Olu visits Paris’ Rungis Market, seeks collaboration for Lagos Food and Logistics Hub project
Share
Sign In
Notification Show More
Font ResizerAa
Advisors ReportsAdvisors Reports
Font ResizerAa
Search
  • News
  • Editorial
  • Feature
  • Special Report
  • Oil & Gas
    • Upstream
    • Midstream
    • Downstream
  • Power
    • Generation
    • Distribution
    • Transmission
  • Renewables
    • Solar
    • Nuclear
    • Hydrogen
  • Extractive Industry
  • Maritime
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
DocumentaryNewsSustainability

Sanwo-Olu visits Paris’ Rungis Market, seeks collaboration for Lagos Food and Logistics Hub project

Admin
Last updated: June 21, 2024 10:30 am
Admin
Share
3 Min Read
SHARE

Oredola Adeola

 

As part of efforts put in place to advance the construction of sub-Saharan Africa’s largest Food Security Systems and Central Logistics Park on a 1.2 million square metre site in Ketu-Ereyun, Epe, Governor Babajide Sanwoolu visited the Rungis International Market in Paris on Thursday.

 

Governor Sanwoolu stated that the visit aimed to establish strategic and technical partnerships essential for the development and operationalization of the Lagos Food and Logistics Hub.

“I was inspired to discover that the vibrant Rungis International Market in Paris, France, is not just the second-largest wholesale food market in the world, but also covers an impressive 232 hectares of land,” the Governor said in Paris.

 

Advisors Reports confirmed that the establishment of the food park is part of an ambitious 5-year Agricultural and Food Systems Road Map (2021–2025) launched in 2021 by the Sanwo-Olu administration to enhance food sufficiency in Lagos.

 

Recall that Governor Sanwo-Olu performed the groundbreaking ceremony in 2022, to inaugurate the first phase of the largest food logistics hub in West Africa in 2024, aimed at boosting food security in the state.

 

“We have a robust integrated plan to ensure food sufficiency and adequacy in Lagos because global food security is becoming an issue. As a government, we need to help the market, the farmers, and our citizens,” the Governor added.

 

The Lagos State Governor in a recent statement revealed that the central food and logistics hub is expected to create direct wealth for more than 5 million traders in the agricultural value chain when completed, while also guaranteeing uninterrupted food supplies to more than 10 million Lagosians for at least 90 days in periods of scarcity.

 

Further checks by Advisors Reports showed that annual transactions on food items in Lagos are estimated at N5 trillion, with farmers losing 40% of produce daily due to the lack of post-harvest storage systems.

 

The logistics food market is designed to be the central hub where all sorts of food in Lagos will be consolidated, featuring cold and dry storage facilities.

 

From the main hubs, food will be distributed to middle-level markets, three of which have already been built, with an additional five under construction.

 

These middle-level markets will then supply the corner shops and local markets throughout the state.

 

 

Nasarawa lithium factory offers Nigeria chance to master processing skills – President Tinubu
Power Minister sets up forensic Committee, technical team to probe frequent grid collapses
Electricity subsidy extension: Consumers advocacy leaders blast Senate
Dangote exports 1.7 mb of Jet Fuel to U.S, amid Phillips 66’s Bayway refinery shutdown
NLNG trains women journalists in digital communication skills

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
[mc4wp_form]
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Copy Link Print
Share
Previous Article SEforALL Board reappoints Damilola Ogunbiyi for a second 5-year term as CEO
Next Article PETAN proposes JV with Abia State to operate 158 oil wells
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

- Advertisement -
Ad imageAd image

Latest News

 Lagos-Calabar coastal highway: Tinubu warns developers on corridor setbacks
Concession Documentary Impact News Special Project Sustainability
May 31, 2025
Nigeria’s terrorism war shaken by internal sabotage, foreign complicity amid Tinubu’s midterm celebrations
Documentary Editorial Security Special Project Technology
May 30, 2025
Nigeria’s KGG hub wins IGUs regional gas award at WGC 2025 
Documentary Midstream Oil & Gas Sustainability Technology
May 28, 2025
NUPRC receives Final Engineering Audit report on upstream measurement equipment from PE Energy
Documentary News Oil & Gas Special Project Sustainability Upstream
May 27, 2025
Follow US
© 2022 AdvisorsReports. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?