Food
AfDB budgets $2.7m Agric loan, agro-industrial businesses in Nigeria
The African Development Bank Board (AfDB) of Directors has approved $134 million for Nigeria to implement an emergency food production plan, AfDB President Akinwumi Adesina has said.
According to him, talks are also ongoing for a $1.7 billion economic and budget support loan as well as the launch of a $1 billion agro-industrial processes in 28 states.
Adesina made the disclosures during an interview with journalists in Lagos on Monday.
The development came amid a biting food shortage that has led to hunger protests in Nigerian states and most recently attacks on grain warehouses in Abuja, Ogun, Niger and Kaduna states.
Last June’s fuel subsidy removal and exchange rate unification policy of the government have led to severe hardships with inflation now nearing 30 per cent amid a sharp depreciation of the naira.
Weak consumer purchasing power has affected businesses with the nation recording weak Gross Domestic Growth during the last quarter of the last year.
Adesina told journalists in Lagos that AfDB had pledged to support Nigeria through this period, disclosing that a number of agricultural initiatives should yield about five million metric tons of wheat, rice, cassava, and maize this year for the country.
He exuded confidence that the development bank would work with the Nigerian government to proffer solutions to the problems confronting Africa’s biggest economy.
He said, “I’m not used to complaining; I’m used to finding solutions. I did tell the President when I can last year that we would strongly support the Nigerian government in finding a solution to the challenges. As I speak to you today, we have approved $134 million for Nigeria to implement an emergency food production plan. And that is not something that we are planning to do; it is what we are already doing.
“We have supported the cultivation of 118,000 hectares of wheat in Nigeria already this season. We will do 150, 000 hectares of maize production this March. By the rainy season, in May and June, we will support Nigeria to do 300,000 hectares of rice. We will also do 300,000 hectares of maize, 150,000 hectares of cassava and 50,000 hectares of soybean. So, that means that by the end of March, Nigeria would get out an additional one million metric tons of wheat; and by November, we will have an additional four million metric tons of rice, cassava, maize and soybeans”.
The AfDB chief advised Nigeria to push for more food supply, pointing out that food inflation is a major component of the nation’s inflation figure.
Tackling inflation requires looking at some of the structural drivers, according to him.
“A big part of that (Nigeria’s) inflation is food price inflation. If you look at the Consumer Price Index, probably 65 per cent of it If not even 75 per cent of it now, is actually the price of food. And so, you don’t necessarily deal with food price inflation through your standard macroeconomic policy of tightening monetary supply. You deal with it by producing the food because that’s the thing that needs to be done. So I think it’s very important to be able to deal with that”.
He emphasised the need to enhance food production in the country.
On how the country could boost food production as quickly as possible, Adesina said, “But one thing that I would say is that the government needs to go back to the policy of electronic wallet system. Remember when I was a minister, we did design a programme to get seeds and fertilizers to farmers directly via their mobile phones by electronic vouchers. We were able to reach 15 million farmers in four years; the whole place was booming with food. And I think that is what I will advise needs to be done and done very quickly. Because access to high performing yields, high performing seeds and fertilizers and farm inputs is very critical; otherwise you will not be able to do it”.
Nonetheless, Adesina also pointed out the need for Nigeria to get low-interest concessionary financing to overcome its economic challenges.
The development bank boss said issues around the exchange rate must be dealt with as an import-dependent nation.
According to him, the AfDB is planning about $1.7 billion economic and budget support loan for the country.
He said, “There needs to be a lot of support around Nigeria, given the tight fiscal space and the lack of forex, to make available a lot more concessional financing to the Nigerian economy. And that’s what we’re doing at African Development Bank. This year we expect to approve with our board because we always go to our board of directors for approval, but our plan is to be able to do $1.67 billion of financing to Nigeria in different sectors, including considering a potential policy base operation of budget support to Nigeria. We are discussing with the Minister of Finance; that is part of a $1 billion budget support operation that will go into two tranches. Again, I will say it has to be approved by the board, but these are all the things that we are hoping to be able to do”.
He spoke about other agric projects in the country.
Also, the AfDB is planning to launch this year a programme for a $1 billion special agro-industrial processes in 28 states, adding that “These structural interventions that I will say would make agriculture more productive, efficient, and competitive”.
“So those are the things that we are doing in Nigeria. In addition to that, we have a programme that we’ve already implemented, called Special Agro-Industrial processing zones. So these are new economic zones we are supporting Nigeria to develop. We provided $520 million for that, ourselves, the African Development Bank, the Islamic Development Bank, and the International Fund for Agricultural, currently working now in eight states. We expect that those things will start hitting the ground and start construction by June of this year”, he added.
Food
FG releases 2 new chicken breeds, 14 new high-yield crops varieties
The Federal Government has released two new chicken breeds and 14 new high-yield crop varieties towards increasing agricultural production and improving the nutritional status of Nigerians.
The release of the new chicken breeds and the crop varieties were announced on Thursday during the 34th meeting of National Committee on Naming, Registration and Release of Crop Varieties, Livestock Breeds/Fisheries.
The News Agency of Nigeria (NAN) reports
The Chairman, National Variety Release Committee (NVRC), Prof. Soji Olufajo, presided over the meeting attended by committee members as well as researchers, geneticists, scientists and breeders.
Olufajo explained that the registration and release of the two new chicken breeds and the varieties of seven crops were based on the recommendation of its two technical sub-committees.
He said the new chicken breeds are Noiler and Cobb 500, while the high-yield crops are wheat, barley, maize, caassava, rice Castor and conchorus.
NAN also reports that the technical sub-committee chaired by Prof. S. Ado during its 38th meeting on Tuesday deliberated on the 19 varieties received.
The sub-committee, after deliberation and consideration of the 19 submissions, recommended 14 varieties, which were put before the NVRC for final approval during the Thursday meeting.
In the same vein, the technical sub-committee during its 9th meeting on Wednesday deliberated on the two new chicken breeds received.
The sub-committee, chaired by Prof. Waheed Akin-Hassan, reported that the new chicken breeds – Noiler —- was a locally-developed dual purpose chicken while the Cobb 500 was a meat type chicken breed.
The two technical sub-committees thereafter on Thursday put their recommendations before the NVRC for final approval.
The NVRC, after exchange of ideas and proper scrutiny of the recommendations put before it, announced the registration and release of the 14 new crop varieties and the two new chicken breeds.
He emphasised that the two breeds were already in the hands of end users, such as poultry farmers, consumers and researchers, saying the release and registration of the breeds are to make it official.
In his remarks, the Director of NACGRAB, Dr Anthony Okere, expressed optimism that the release and registration of the crop varieties would enhance food sufficiency in the country.
Okere urged farmers to embrace the newly-released crops to enable them produce quality and quantity with little stress.
He equally commended the research institutions and other organisations which contributed towards the hosting of the meeting.
Food
Ekiti returning to Awolowo’s Farm settlement era to boost food security – Oyebanji
Ekiti State Governor, Mr. Biodun Oyebanji, has said his administration is returning the state to the farm settlement era witnessed in the old Western Region under the leadership of the late Chief Obafemi Awolowo, in order to boost agriculture and food security.
The Governor who utilized the Independence anniversary public holiday to undertake a visit to young farmers in three cluster areas in the state, on Tuesday disclosed this during his visit to the Ikere Farm settlement. He also said construction work on ultramodern dormitories at the farm settlements would commence within the next three weeks.
About 930 youths are involved in the youth agriculture scheme known as “ Bring Back Youth into Agriculture” being carried out the state government in collaboration with a private entity YSJ Farms. Under the scheme the Government provides land to the young farmers, assists them with land clearing and seedlings as well as agric extension services among others. It also has an arrangement to buy their products for storage purposes.
The Governor said he was determined to invest hugely in agriculture, as a form of empowerment for the youths, to ensure food security and to drive industrialization. He stressed that revamping the old farm settlement strategy of the late Chief Awolowo was the only way to ensure the young farmers stay on the farms and maximize government’s support for the scheme.
Governor Oyebanji also made stopovers at some farms and took time to personally interact with farmers and asked of their needs which he drew the attention of the Commissioner for Agriculture and Food Security, Mr. Ebenezer Boluwade to for prompt action.
The proposed dormitories for the young farmers, according to him, would have facilities like sitting rooms, kitchens, security posts, sick bays, among others in his administration’s bid to attract more young farmers into agribusiness and turn the state into a huge agriculture hub.
The three clusters visited by the Governor and some officials included those in Eporo-Emure, Ikere and Aramoko-Erio where he monitored the young farmers who are participating in one of the agricultural initiatives of his administration “Bring Back the Youth in Agriculture.
Oyebanji also assured of the readiness of his administration to expedite action on other requests of the young farmers which include motorable roads, security at the locations and provision of vehicles and motorcycles to aid mobility of the participants.
The Governor had to defy the challenge of muddy and swampy terrain posed by the road which led to the Aramoko-Erio cluster by hopping on a motorcycle in his determined bid to reach the young farmers who were excited by his gesture of getting to the place to pay them a morale-boosting visit.
Oyebanji who had earlier paid visits to Oke Ako, Iyemero and Igede Farm Settlements over the weekend, said it was unacceptable for the people of the State to be complaining of hunger and be queuing up for palliative materials when the State is blessed with arable land, stressing that a paradigm shift has just begun with his administration’s investment in agriculture.
He described agriculture as a lucrative business noting that farmers are among the richest set of people in developed economies pointing out that the participating youths in particular and the state in general would reap bountiful harvest in agribusiness in the long run.
The Governor assured the youths of security in all the clusters visited, adding that a massive security cordon has been woven around the locations which he said would be consolidated upon to eliminate all forms of criminality in the area.
He commended the Chief Executive Officer of YSJ Farms, Mrs Yemisi Joluwe, for partnering with his administration to take agriculture to a higher pedestal.
Oyebanji explained that with the massive clearing of land for agricultural purposes carried out by his administration, the stage has been set for the resuscitation of farm settlements established during under the leadership of Awolowo to ensure mass production of food for location consumption, export and provision of job opportunities for the teeming youths.
“The land we are returning to now were last cleared by Chief Awolowo during his time as Premier in Western Region.
“This is the beginning of greater things that will happen in Ekiti State. Western Region was renowned for agriculture under Chief Awolowo and he developed Western Region without oil money and we had food surplus in those days. With what we are doing with our youths now, we are returning to the era of Awolowo’s farm settlements.
“In Ekiti State, only six local government chairmen have keyed into this initiative. I want to ask other local government chairmen that have not keyed into this project to do so.
“Within the next three weeks, construction of the dormitories will start. We now have more youths showing interest in the scheme, they will have that opportunity to join in the next stage once we get more land”, the Governor added .
The Ogoga of Ikere Ekiti, Oba Adejimi Adu Alagbado, who lauded the Governor’s vision to invest in agriculture pledged the support of his kingdom for the project and charged the youths of the town who are participants in the scheme to work hard and justify their inclusion.
In all the three locations visited by the Governor, the participants including Margaret Basorun, Olu Okeya, Kolawole Ganiyu and Folasade Filani hailed the state government and YSJ for giving them a platform for self development and to contribute to the state economy.
Food
Zamfara govt begins distribution of 135 trucks of fertiliser to farmers
Zamfara State Governor Dauda Lawal has inaugurated the distribution of 135 trucks of fertilizer to farmers across the state’s 14 Local Government Areas.
The ceremony took place at the Ministry of Agriculture, where the fertilizers had been stored.
In a statement released on Wednesday by the Governor’s spokesperson, Sulaiman Bala Idris, it was announced that 81,000 bags of various fertilizers would be distributed free of charge to 40,500 farmers across the 14 Local Government Areas.
Governor Lawal emphasized his administration’s commitment to boosting agricultural production in Zamfara. “We are dedicated to overcoming challenges in the sector and providing our farmers with the necessary support and incentives,” he stated.
“Our goal is to ensure that agricultural activities extend beyond the rainy season and become a year-round endeavor, enhancing food sovereignty and increasing farmers’ incomes.”
He highlighted the importance of fertilizers in crop production, noting their role in enhancing soil fertility, increasing yields, and improving the quality of produce.
Governor Lawal also reiterated his earlier visits to all 14 Local Government Areas to launch the distribution of fertilizers and farming implements under the NG-CARES program.
“Fertilizer is crucial for effective crop production,” he said. “We will continue to work diligently to support our farmers and ensure they can cultivate their lands without fear.”
Concluding his remarks, Governor Lawal urged beneficiaries to use the fertilizers appropriately and assured them of ongoing support to foster a conducive environment for agricultural production in the state.
With these statements, Governor Lawal officially launched the distribution of 135 trucks of fertilizers for the 2024 wet season farming.
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