Skip to content
General News

Nigeria Faces Challenges in Attracting Tractor Leasing Investments, Says Origin Automobile Chairman

Business Day··1 min read
Nigeria Faces Challenges in Attracting Tractor Leasing Investments, Says Origin Automobile Chairman

Samuel, Chairman of Origin Automobile, criticized Nigeria's inadequate framework for attracting tractor leasing investments, emphasizing the absence of support systems, maintenance services, and insurance coverage in modern agriculture. He pointed out the shortcomings in the government's tractor intervention schemes, which focus narrowly on machinery distribution without addressing essential aspects like training, maintenance, and logistics.

Samuel urged for a rethink in Nigeria's food security strategy to improve mechanization and enhance productivity in the agricultural sector.

Plus234Feed summary based on reporting from Business Day.

Read the original

Continue on Business Day

Read on Business Day
Share

Get the week in one email

Top stories, NPFL results, the naira, every Friday morning. Free, one email a week.

Free · one email a week · unsubscribe in one click