By Aniekan Aniekan, Calabar
Vice President Kashim Shettima has launched the construction of a Special Agro-Industrial Processing Zone (SAPZ) in Cross River State.
At the flag-off, Shettima called it a key step in Nigeria’s agricultural and economic transformation. He linked the project to President Bola Tinubu’s Renewed Hope Agenda, saying it would create thousands of jobs, provide opportunities for youths, and equip them with skills.
“This zone will generate thousands of jobs, opportunities for young people and also empower them with skills and knowledge,” he said. “In addition, this SAPZ will also enable Nigeria to diversify its economy through a sustainable source.”
He described the initiative as a game changer, set to boost national development and tackle food security challenges. Governor Bassey Otu added that it aligns with his prosperity agenda, benefiting the state’s agricultural regions due to its proximity to the Calabar Seaport, Bakassi Deep Seaport, and power plants.
African Development Bank President Akinwumi Adesina highlighted the economic benefits of SAPZs, including job creation, reduced food imports, and increased private investment.
He noted that $934 million has been invested in SAPZs across 11 African countries, with Nigeria’s first phase spanning eight states, including Cross River. A second phase targeting 28 states will involve $2.2 billion.
Dignitaries present included Senator Abubakar Kyari, Minister of Agriculture and Food Security, and Senator John Owan-Enoh, Minister of State for Industries, Trade, and Commerce. SAPZs aim to enhance agro-processing in high-potential areas, improving productivity, scaling production, and linking processing with marketing of selected commodities.