The Food and Agricultural Organization (FAO) says that an estimated 931
million tons of food, or 17 percent of total food available to consumers in
2019, went into waste, that is, at the retail and home levels.
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FAO confirms that 14 percent of
the World’s food is lost from post-harvest up to (but not including) the retail
level, saying, “As we improve our estimates, we will
know whether the order of magnitude of the problem is comparable to earlier
estimates of around 1/3 of the World’s food lost or wasted every year.”
It indicates that the loss is
more pronounced in developing economies with poor facilities for proper
harvest, transportation, cold chain and storage facilities.
In Nigeria, according to the
former Minister of Agriculture, Chief
Audu Ogbeh, about 30 percent to 40 percent of food crops produced in
Nigeria were ultimately lost and wasted.
It is in addressing the problem
of food processing and preservation in Nigeria that the Nigeria-USA Chamber of Commerce (NUSACC) is hosting its 1st Virtual
International Trade and Investment Summit. The virtual Summit, hosted in
collaboration with the Collaborative Chambers Alliance (CCA), a 18-member
Chambers of Commerce group and the Cleveland Public Library is scheduled
visually on October 27, 2021, in Cleveland, Ohio.
The Keynote Speaker at the
invitation-only event is Dr. ABC Orjiako,
a Nigerian industrialist with vested interests in almost all sectors of
Nigerian economy including Oil and Gas. He is the Chairman of Seplat Petroleum Development Plc, the
only Nigerian company listed on the British Stock Exchange and based in Ikoyi-
Lagos.
Other special guests and speakers
include, the Ambassador of the Federal Republic of Nigeria to the United
States, Dr. Mrs. Uzoma Emenike and Alhaji Sani Dangote, President /Vice
President Nigeria Agribusiness Group/Dangote Group. President, Collaborative
Chambers Alliance (CCA), Mr. David
Nedrich, and Executive Director, Greater Cleveland Chinese Chamber of
Commerce, Mr. Su He, Esq.
Nigerian food processing and
preservation businesses cover a series of industrial activities directed at the
processing, conversion, preparation, preservation, and packaging of foodstuffs
for human consumption. There are several companies involved in the processing
of food products in Nigeria, each having different specialization.
Speaking about the event the Chief
Executive Officer of NUSACC, Mr. Lee
Kareem, said that about 200 participants representing various Nigerian
entrepreneurs and those seeking information about the processing and packing of
Nigerian food products to international markets especially to the United States
are anticipated to attend the virtual summit.
He remarked that the Nigeria-USA
Chamber of Commerce has hosted 5 summits since its inception, and this is the
first to be hosted virtually. He anticipated that the outcome of the summit
will stimulate knowledge and interest in the Nigerian agricultural - food
processing and preservation sectors looking outward to generate foreign
exchange in a country that is heavily dependent on export of petroleum
resources for its foreign exchange.
Mr. Kareem explained that NUSACC
is a member of Collaborative Chambers
Alliance (CCA) comprising of more than 18-member Chambers of Commerce in
Ohio and International Chambers such like the Chinese American, French
American, British American, Swedish American Chambers of Commerce that are
involved in the activities of the Chambers, meaning that it is open land mine
for exploration by exporters and entrepreneurs in Nigeria and the United States
wishing to collaborate and do business.
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