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Buhari Order CBN Not To Provide Foreign Exchange For Food importers Insist Nigeria Must Eat What It Produces

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President Muhammadu Buhari
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President Buhari has once again instructed the Central Bank of Nigeria (CBN) not to provide foreign exchange for the importation of food items.

The President gave the directive at the fifth regular meeting with the presidential economic advisory council that held at the state house in Abuja on Tuesday.

A statement released by Garba Shehu, the president’s senior special assistant on media and publicity, quoted President Buhari as saying Nigerians must eat what is produced here.

“The CBN must not give money to import food. Already, about seven states are producing all the rice we need. We must eat what we produce. Going back to the land is the way out.

READ:  Coconut Association Wants 10,000 Headquarters Of Plantation For Massive Production.

“We depend on petrol at the expense of agriculture. Now the oil industry is in turmoil. We are being squeezed to produce at 1.5 million barrels a day as against a capacity to produce 2.3 million. At the same time, the technical cost of our production per barrel is high, compared to the Middle East production”.

“We will continue to encourage our people to go back to the land. Our elite is indoctrinated in the idea that we are rich in oil, leaving the land for the city for oil riches”.

“We are back to the land now. We must not lose the opportunity to make life easier for our people. Imagine what would have happened if we didn’t encourage agriculture and closed the borders. We would have been in trouble.” he said

READ:  Nasarawa Govt., Rice Farmers To Attract N10bn Investment From CBN

This is the third time that the President would issue CBN the directive not to give food importers foreign exchange. The first time was in August 2019 and again in September 2020.

 

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Agriculture

Kogi set to host 7th APEALS World Bank Project Mission.

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Kogi state Project Coordinator of APEALS, Dr. Sanni Abdullahi Ozomata
Kogi set to host 7th APEALS World Bank Project Mission.
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Idris Ahmed, Lokoja.

 

The Agricultural Processing, Productivity, Enhancement And Livelihood Improvement Support (APPEALS) project, Kogi Coordinating office, has concluded arrangement to host the 7th World Bank Mission visit slated for December 6th 2021.

Kogi state Project Coordinator of APEALS, Dr. Sanni Abdullahi Ozomata

Kogi state Project Coordinator of APEALS, Dr. Sanni Abdullahi Ozomata

Kogi state Project Coordinator of APEALS, Dr. Sanni Abdullahi Ozomata, told newsmen at the Reberton Hotel, Lokoja, venue of the pre mission visit conference on Wednesday, that officials from the relevant agencies, departments, organisations and stakeholders have met in Lokoja to fine-tune final arrangements.

According to Dr Ozomata, the National Coordinating Office of APPEALS, Project Coordinating Office of the Federal Ministry of Agriculture, Lagos State Project Coordinating office and World Bank Representative were in Kogi state to see for themselves, the extent of progress achieved so far.

READ:  "Our Input Support Initiative Strategy Is To Boost Agriculture. " - FCT Minister Of State

Read also Bandits invade agricultural reserve forest in Kogi, maim scores, loot properties worth millions of naira

He said 4 groups of officials set up across the state led the visitors to all the Project sites which were found satisfactory for the Mission visit.

On food security, the Project Coordinator, said that 1700 farmers have benefited from various interventions and have improved their livelihoods and also disclosed that the interventions from the state government has made farmers happy

He said the interventions which were for cashew, rice and cassava, have since upgraded the status of Kogi cashew farmers who have now learnt how to export their products to foreign buyers.

READ:  Nigerians Urged to farm to support Buhari's Govt. To Improve on the economy of the Nation

The APPEALS is a World Bank assisted project for the Agricultural Processing, Productivity, Enhancement and livelihood improvement of especially rice cashew and cassava.

Read more Bandits invade agricultural reserve forest in Kogi, maim scores, loot properties worth millions of naira

The project is also to enhance the Agricultural productivity of the Small and Medium scale farmers and Improving value addition along priority value chain of Rice , Cashew and Cassava.

Kogi state Project Coordinator of APEALS, Dr. Sanni Abdullahi Ozomata

Kogi state Project Coordinator of APEALS, Dr. Sanni Abdullahi Ozomata

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Agriculture

Nigerians Urged to farm to support Buhari’s Govt. To Improve on the economy of the Nation

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President Muhammadu Buhari of Federal Republic of Nigeria
Nigerian President President Muhammadu Buhari.
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The Minister of Agriculture and Rural Development Mohammad Abubakar, has urged Nigerians to farm as a way to support the Muhammadu Buhari regime to improve the economy.

Mr Abubakar made the call Saturday on the second day of his familiarisation tour of some agricultural facilities in Kaduna.

According to him, agriculture was a lucrative business, with the capacity to attract funding from both local and foreign governments as well as organisations.

However, he said some stakeholders were sabotaging the government efforts by hoarding farming equipment.

“I have seen equipment in the stores that should have been distributed to end users instead of being laid fallow and left to decay.

READ:  Farmers Protest Over Destruction Of Farmland, Crops By Herdsmen  In Kogi.

“We cannot let situations like this continue to happen because we do not want to hurt anybody.

These people benefiting from hoarding equipment and agricultural inputs are hurting a lot of farmers and the economy of the country.

“So I am not afraid to do what is right and we will do what is right to change some of the narratives of hoarding agricultural inputs while showing the people that the government is doing its best to improve the lives of Nigerians,” he said.

Credit: NAN

 

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Agriculture

Cotton Farming Commences In Kogi, 250 Hectares Of Land Cultivated.

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Cotton farming in Nigeria
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Idris Ahmed, Lokoja.

Cotton Producers and Merchants Association of Nigeria, (COPMAN), Kogi state chapter, has commenced cultivation and farming of cotton at Ejiba, Yagba West local government area of Kogi state.

Cotton farming in Nigeria

Cotton farming in Nigeria

Over 250 hectares of land has so far been cultivated and the improved seed of cotton from India have been planted.

Coordinator of COPMAN in Kogi state, Mallam Azeez Danladi, told pressmen on Tuesday after an Inspection of the farm by officials of the Central Bank of Nigeria (CBN) that the association needs another 150 hectares of land for extension of the projects in Kogi state in view of the success so far recorded.

READ:  Edo: Obaseki's Agric Revolution Enhances Farmers' Productivity

Danladi explained that Nigeria agricultural sector has become attractive, as raw materials needed to feed textile industries can now be produced locally and soon be exported for foreign earnings.

While commending the Central Bank of Nigeria for the Anchor Borrowers programme to boost agriculture across the country, the Coordinator also appealed to youths to take to farming, not only to feed the nation, but to also feed local industries with raw materials.

Mallam Azeez Danladi also appealed to the Kogi state Governor Alhaji Yahaya Bello, to encourage the cotton project in the state by making cultivable land available for massive production of the commodity.

READ:  "Our Input Support Initiative Strategy Is To Boost Agriculture. " - FCT Minister Of State

He sought the assistance of both the federal and state ministries of Agriculture to provide inputs and accessories to encourage the farmers.

The officials from the CBN expressed satisfaction with the progress made by the cotton farmers and promised to expedite actions that will assist them to achieve the objective.

Cotton farming in Nigeria

Cotton farming in Nigeria

It would be recalled that Nigerians have advised to agriculture as a means of diversifying economy, after so much depending on petroleum.

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