Industry experts claim that Nigeria is the second largest investor in food and packaging technology in Africa. Nigeria is only second to Egypt and it is well ahead of countries such as South Africa, Algeria and Morocco, as Nigeria spent a total of £390 million in 2020 on food and packaging technology.
Paul Maerz, Managing Director of Fairtrade Messe made the revelation while speaking virtually during a press briefing to announce the seventh edition of the agrofood & plastprintpack in Lagos , organized by Fairtrade Messe, a German trade show specialist in collaboration with the Organization for Technology Advancement of Cold Chain in West Africa, (OTACCWA).
Maerz said that the level of investment from the country is as a result of its population growth, which is driving the demand for food products and machinery. He said that Nigeria’s economy has experienced food production increases in recent years owing to the government’s renewed focus on agriculture.
Source: independent.ng
