|President Goodluck Jonathan|
The Federal Government (FG) of Nigeria has promised to transform the agricultural sector so as to make the sector a wealth creator and able to accommodate youths.
President Goodluck Ebele Jonathan revealed that the present administration is keen on bringing its plans about transforming the agricultural sector to reality.
The president also affirmed the federal government's initiative to promote the subsistence farming to the establishment of agriculture as a very viable modern-day business.
“We have a very large youthful population and to create enough jobs for them we must develop agriculture, solid minerals and other sectors," President Jonathan said, adding that Nigeria has a lot of untapped potentials which would be beneficial to agricultural development.
He expressed delight over the $74 million about N11.7 billion virtually interest-free loan by the International Fund for Agricultural Development (IFAD) in a bid to support the federal government's agricultural programme.
He said Nigeria as well as himself is proud of the good work by IFAD with loans and grants summing up to $225 million for agricultural development in Nigeria since 1985.
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