The Federal Government’s resolve to concession 20 Silos to private sector operators has been greeted with mixed feelings, as farmers and other stakeholders in the sector are expressing divided opinions on the issue. “In 2014 government decided to privatise or concession some of these Silos so that the private sector can help, use them for a fee to the Federal Government. The process was carried out by World Bank, the concession committee of the government, NGOs, the private sector and the Ministry of Agriculture. The former Chairman, Lagos Chamber of Commerce and Industry (LCCI)’s agriculture sector, Prince Wale Oyekoya, who is the Managing Director/CEO of Bama Farms, who also applauded the move, said it is long overdue. “It’s better to concession the silos to the private sector, to save the country from imminent food crisis.

Source: The Guardian September 30, 2018 04:30 UTC