Nigeria set to unveil 200,000-capacity yam storage facility

The Federal Government has said it will inaugurate a 200,000-capacity yam storage facility for micro, small and medium enterprises in Nigeria next month.

The Special Assistant to the President on MSMEs, Office of the Vice President, Mr Tola Johnson, said the new facility would cater to the needs of smallholder farmers and MSMEs who were losing huge revenues due to lack of access to adequate storage facilities.

“In a determined bid to support small businesses across the country through the provision of critical infrastructure, the Buhari administration will on June 9, 2020 inaugurate a 200,000-capacity yam storage facility for MSMEs at the Zaki Biam International Yam Market, Benue State,” the government tweeted on Wednesday night.

The Federal Government described the facility as part of the National MSMEs Shared Facility Scheme being implemented by it under the National MSMEs Clinics Initiative.

“The shared facility scheme was developed to provide for the needs of businesses under a production cluster arrangement,” it added.