By Olasunkanmi Akoni

As part of bilateral relationship to boost agriculture, a Singaporean company has recently signed an agreement on rice production and processing in Nassarawa State with an investment worth about $50 million.

This came as Governor Babatunde Fashola of Lagos State advocated a further nurturing of the business relationship between Nigeria and Singapore through visits by Singaporean entrepreneurs to Lagos and Nigeria.

The Singaporean High Commissioner to Nigeria, Mr. Shabbir Hassanbhai disclosed this during a courtesy call to the governor at the Lagos House, Ikeja.

Hassanbhai, who said he was in Lagos to acquaint himself with the Governor and people of Lagos State as well as see how he could strengthen the already existing relationship between Lagos and his country, noted that in the last three years, the Government of Singapore has been very focused in wanting to create a larger economic footprint in Africa adding that the political relations Singapore has enjoyed particularly with Nigeria has been a great fortune for his country in building this economic footprint in Africa.

Recalling that Singapore has many on-going economic activities in Nigeria at the moment, the High Commissioner cited as the most important, the inauguration of the first cargo flight of the Singaporean Airline to Nigeria on December 5, 2011.

Areas Singapore is seeking further investment opportunities and partnership with Nigeria and Lagos, according to the High Commissioner, include Technical Education and Skill Acquisition for youth empowerment.