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Showing posts with label Dr. Akinwumi Adesina. Show all posts
Showing posts with label Dr. Akinwumi Adesina. Show all posts

Tuesday, March 10, 2015

Agriculture boosts Nigeria Economy with N777 billion


Despite the austerity measures in Nigeria, the Federal Government has said the country’s economy has grown by N777bn, courtesy of the Agricultural Transformation Agenda (ATA), reports NaijaAgroNet.

Honourable Minister of Agriculture and Rural Development, Dr. Akinwumi Adesina, made this known at the inauguration of the African Development Bank-assisted Agricultural Transformation Agenda Support Programme Phase I, which held at the International Institute for Tropical Agriculture in Abuja.

The minister told NaijaAgroNet that the total agricultural GDP growth in a period of just three years within 2011-2013 surpass the total collective GDP for the eight-year period of 2000-2008.

“The Agricultural Transformation Agenda has added over N777bn in income to the economy. The agricultural GDP of Nigeria rose from N14tn in 2011 to N15.8tn in 2012 and N16.8tn in 2013. The total agricultural GDP in just three years (2011-2013) was N46.6tn, surpassing the total cumulative GDP for the eight-year period of 2000-2008 of N42tn,” he said.

According to Adesina, it was challenging for Africa to unlock all its capability to produce enough food to feed itself as well as feed the world even though the agriculture potential of Africa is vast.

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Monday, March 9, 2015

Africa’s future billionaires will emerge from agriculture


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Nigerian Minister of Agriculture and Rural Development, Dr. Akinwumi Adesina, has predicted that Africa’s future billionaires will emerge from the agriculture sector, reports NaijaAgroNet.

Adesina disclosed to NaijaAgroNet that at this time he wanted to help people become rich through farming


“My goal is to make as many millionaires, maybe even billionaires, from agriculture as possible,” he declared.

Adesina revealed to NaijaAgroNet that African Development Bank is financing $170 million, about N33,915,000,000 billion for a Nigerian project that aims to transform agriculture, stressing that the project aims to create agricultural entrepreneurs and producers by providing about 120,000 jobs along the value chain of priority commodities.

NaijaAgroNet reports that additional 20 million tonnes of key food crops including cassava, rice, and sorghum will be added to the domestic food supply each year, if all goes according to plan.

He explained that a significant part of the project is developing outreach models in agriculture with young entrepreneurs, aka youth agripreneurs, with the plan to promote agriculture among other youth in their regions through peer education, training and demonstration of agricultural best practices, and business skills in value-chain development.

Adesina urged youth to see agriculture as a business, not as a tool for development. As African governments roll out plans to unlock wealth from the soil,

Insisting on his prediction that a new, wealthy population made up largely of young people will create jobs and bring business opportunities to rural communities across the continent.

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Sunday, April 6, 2014

Democracy of the stomach, right of every Nigerian – Adesina

… Commends local wheat production
The Honourable Minister for Agriculture and Rural Development, Dr. Akinwumi Adesina, has declared that democracy of the stomach is the right of every Nigerian, just as he reassured on how important the leadership of President Gooodluck Ebele Jonathan holds agriculture, reports NaijaAgroNet exclusively.

Addressing participants at the 2014 Wheat Farmers Field Day at Kadawa in Kano State recently, Adesina asserted “Thank you for calling me the farmers' minister, but I work for the Farmers' President. Democracy of the stomach is a right of every Nigerian.

NaijaAgroNet also gathered that the minister appreciated what he called the invaluable contributions of the International Maize and Wheat Improvement Centre (CIMMYT) and International Centre for Agricultural Research in the Dry Areas (ICARDA) in the promotion of improved wheat technologies in Nigeria, and for organizing this wheat field day. 

“Your tenacity in continuing to do excellent work, to help our farmers, in the face of security challenges. Nigeria will succeed, against all odds,” he said.

As said by him, the occasion is a revival of hope for Nigeria to produce its own wheat and free itself from decades of dependence on imported wheat.

“I am delighted that the African Development Bank has funded the production of wheat across African countries. Africa must produce its own wheat and the funding by ADB is therefore strategic,” he said.

Adesina recalled that in 1987, the government of Nigeria banned the importation of wheat and implemented an Accelerated Wheat Production Programme aimed at stimulating local production of wheat in Nigeria.

He sees the ban on wheat importation as a bold move, which has provided local farmers the opportunity to mobilized so as to produce wheat and were provided necessary inputs at subsidized rates, and equipment to boost wheat production.  

"The production of wheat expanded from 50,000MT in 1987 to 600,000MT by 1990,” he said. 

The minister emphasised that farmers had proven they could produce wheat, if well supported, adding that several challenges scuttled the burst of energy to produce wheat locally, especially with the introduction of varieties of very low yields, as average yield was less than one ton per hectare.

“But more importantly, the programme failed because of the reluctance of wheat millers in the country to patronize wheat produced locally in the country. With the lifting of the ban in 1990, the programme abruptly ended, and wheat production spiraled downwards to 70,000MT by 1991.

“Today, Nigeria’s wheat import is about 4 million MT per annum and estimated to grow at an alarming rate of 5 per cent per annum,” he lamented.


Adesina further stated that at this rate, the country would be importing 10 million MT of wheat per annum by 2030, and spending US$15 billion annually on wheat imports alone, hence wheat farmers in the country deserved commendation.

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Pix: Minister of Agriculture and Rural Development, Dr. Akinwumi Adesina (right), tasting bread made from 100 per cent Nigerian wheat variety at Kadawa, Kano State, recently. With him are Minister of State for Agriculture, Mrs. Asmau Asabe Ahmed and House Chairman on Agriculture, Mohammed Tahir Monguno.

Thursday, October 24, 2013

Adesina inaugurates agric boards, commend research institutes


The Minister of Agriculture and Rural Development, Dr. Akinwumi Adesina has inaugurated 15 boards of agencies and institutes under his ministry in Abuja with a charge to help the country generate revenue internally as well as become a  global player in the food export business, NaijaAgroNet reports.
Adesina said that the board should improve the relations between the management and staff among others things  within a period of nine months and commended the various research institutes, noting that “they are all operated under very harsh conditions, yet are doing very well.”
He said  that Nigeria can feed and sustain itself given its fertile land, labour and highly resourceful people and stressed that agriculture had been reformed from being a developmental activity to become a big business for all stakeholders at all levels.
“We have decided as a country to be more cohesive and efficient in achieving our agricultural dream of making Nigeria a food sufficient and food exporting country,” Adesina said.
NaijaAgroNet gathered that the boards inaugurated include, the National Root Crops Research Institute, Abia, National Lake Chad Reasearch Institute, Maiduguri, National Institute for Fresh Water Fisheries Research, Niger, Nigeria Institute for Oil Palm Research, Bank of Agriculture, and National Horticultural  Institute,  the Nigerian Agricultural Insurance Cooperation, National Veterinary Research Institute, Agricultural Research Development Council, FCT, Cocoa Research Institute Of Nigeria, National Cereals Research Institute, Ibadan and National Animal Research Institute.

Speaking on behalf of the board members, Chioma Ohakim assured the president of their support and commitment to ensuring the success of his administration’s Agricultural Transformation Agenda.
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Pix:Minister of Agric &Rural Dev. Dr. Akinwumi Adesina

Tuesday, October 8, 2013

Nigeria, first African country to develop e-wallet -Minister


Anthony Nwakaegho/NaijaAgroNet

The Minister of Agriculture and Rural Development, Dr. Akinwumi Adesina has said that Nigeria is the first country in Africa to develop the e-wallet for input delivery to farmers which in turn generated  a total savings of N25 million in 2012 for the  federal government.
Adesina disclosed this at the second EU-Nigeria Business Forum that was held in Lagos, and explained the government was losing about N26.3 million annually to corruption before the introduction of the e-wallet scheme for distribution of fertilisers and seedlings to farmers.

NaijaAgro Net recalls from the minister that the federal government decided to reach farmers directly using mobile phones, which allow it to send farmers electronic vouchers to buy seeds and fertilisers, created the first national data base for farmers with identity cards and biometric information which allows the ministry to give their information to banks to open up the financial space.

"There is no reason why Nigeria is not self-sufficient in many of its food products and our goals are to achieve 20 million metric tonnes of domestic food supply by 2015, to create jobs and of course to create wealth,” Adesina said.

The Chairman of the EU-Nigerian Business forum, Mr. Andre Ronne described the forum as an exchange platform  to consolidate, leverage, improve, harness and deepen economic and business relations and opportunities that between Nigeria and EU member states.


The Trade Counselor for the EU trade delegation, Mr. Massimo De Luca said the Nigerian market was important to the region as conference was expected to create the enabler for viable engagements that will boost good services, quality products and effective operations within the country and EU members’ states.

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pix: Minister of Agriculture and Rural Development, Dr. Akinwumi Adesina