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President Muhammadu Buhari is expected to inaugurate the Special Agro-industrial Processing Zones (SAPZ) initiative for Nigeria on Monday.

This was contained in a statement issued by the Communication and External Relations Department of the African Development Bank (AfDB).

The SAPZ initiative is being done in collaboration with the AfDB, Islamic Development Bank, IsBD, and the International Fund for Agricultural Development, IFAD, and the government of Nigeria is contributing 18.05 million Dollars.

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Meanwhile, the AfDB would provide 210 million Dollars, and the IsDB and the IFAD would provide combined funding of 310 million Dollars.

The SAPZ phase is to send a message about Nigeria’s commitment to transform its agriculture sector, create jobs, and achieve food security.

The two-day event will bring together government officials, implementing partners, potential investors, farmers, agripreneurs, members of the diplomatic corps, and the development community.

The inauguration would be held physically and virtually.

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