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Lagos To Partner With ‘World’s Second-largest Wholesale Food Market’ In Epe. Here’s What To Expect
Lagos is set for a collaboration with the world’s second-largest wholesale food market.
Eko Hot Blog reports that the Lagos State Government is set to collaborate with Rungis International Market, renowned as the world’s second-largest wholesale food market, for Lagos Food and Logistics Hub project.
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Sanwo-Olu made the announcement in a statement after visiting the Rungis International Market in Paris, France, on Thursday, along other Lagos government officials.
The governor and his team’s visit to the market is part of efforts being put in place by the state government to advance the construction of sub-Saharan Africa’s largest Food Security System and General Logistics Park on a 1.2 million-square metre site in Ketu-Ereyun, Epe.
Lagos State Governor, Babajide Sanwo-Olu and other state officials at the Rungis International Market, renowned as the world’s second-largest wholesale food market
He said the aim of the visit was to establish strategic and technical partnerships essential for the development and operationalisation of the Lagos Food and Logistics Hub.
Speaking about the visit, Sanwo-Olu said: “I had the opportunity to explore the vibrant Rungis International Market in Paris.
“I was inspired to discover that this market is not just the second-largest wholesale food market in the world but also covers an impressive 232 hectares of land.
“This visit puts into motion the beginning of a meaningful strategic and technical partnership for the development and operationalisation of our Lagos Food and Logistics Hub project.
“I met with the management team of Rungis International Wholesale Food Market in Paris, France.
“Our discussions centred around the crucial role markets play in addressing the complexities of modern food systems, as well as exploring potential collaborations for the Lagos Food and Logistics Hub project.
“During the meeting, we were able to establish concrete plans for effective collaboration between Rungis International Market, renowned as the world’s second largest wholesale food market, and the Lagos State Government.”
Lagos State Governor, Babajide Sanwo-Olu and other state officials at the Rungis International Market, renowned as the world’s second-largest wholesale food market
Recall that Sanwo-Olu, on August 24, 2022, flagged off the construction of the Lagos Food and Logistics Hub project, which will be the largest Food Security Systems and Central Logistics Park in sub-Saharan Africa when completed.
He performed the sod turning of the project at the site of the facility being built on 1.2 million square metres of land in Ketu-Ereyun, Epe.
The establishment of the food park is a component of an audacious five-year Agricultural and Food Systems Road Map (2021–2025) launched in 2021 by the Babajide Sanwo-Olu administration to enhance food sufficiency in Lagos.
When completed, the central food and logistics hub is expected to create direct wealth for more than five million traders in the agricultural value chain while guaranteeing uninterrupted food supplies to more than 10 million Lagosians for at least 90 days in a period of scarcity.
The hub will have storage facilities for more than 1,500 trucks that will daily service the needs of thousands of operators within the food value chain throughout the year, while large commercial transactions will be processed in the facility.
The central food hub would guarantee greater returns for farmers and investors in the agro-allied sector, as the facility would cut out several layers of middlemen and facilitate improved access to modern processing and packaging services.
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The market matrix generated from the facility would help the government generate useful data for public planning and for the use of private sector players to project investment.
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