Sanwo-Olu Launches ₦500bn Food Offtake Fund to Boost Agriculture
…unveils 150 cold and dry trucks for supply chain l-r: Chairman, Origin Tech Group, Prince Samuel .J Samuel; Governors, Dr. Agbu Kefas (Taraba); Farmer Umar Bago (Niger); chief host, Mr. Babajide Sanwo-Olu (Lagos); Alhaji Ahmed Usman Ododo (Kogi) and Prince Dapo Abiodun (Ogun) during the official launch of the Produce for Lagos Program and ₦500 Billion Offtake GuaranteeFund, at the Lagos House, Alausa, Ikeja, on Wednesday, July 23, 2025. Governor Babajide Sanwo-Olu today, launched the Produce for Lagos Programme and a ₦500 billion Offtake Guarantee Fund to strengthen food security, reduce imports, and enhance agricultural productivity across Nigeria. Speaking at the launch held at the Lagos House in Ikeja, Sanwo-Olu described Lagos as Nigeria’s largest food market, with a ₦16.14 trillion food economy. He said the initiative will provide off-take contracts, logistics, and credit support to producers, traders, and logistics operators, while creating jobs and stabilis...