Search NaijaAgroNet

Showing posts with label Federal Government. Show all posts
Showing posts with label Federal Government. Show all posts

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.

NaijaAgroNet
... Linking agrobiz, people & technology
pix: Minister of Agriculture and Rural Development, Dr. Akinwumi Adesina

Friday, September 27, 2013

Reasonable tariff set in Agric sector to protect local production-Minister



Anthony Nwakaegho/NaijaAgroNet

The Federal Government introduction of reasonable tariff in the Agricultural sector is said to protect local production, despite the criticism on increased tariff and outright bans of certain food items Nigeria can produce.

The Minister of Agriculture and Rural Development, Adewunmi Adesina made this clarification recently to the agriculture stakeholders and stressed that “while lower tariffs will benefit smaller West African economies dependent on imports, they will create major disincentives for local production in Nigeria, where we are trying to unlock the huge land, labour and demand potential to drive rapid agriculture and agribusiness growth.”

He lamented that  local production cannot be encouraged in a situation where there is unbridled dumping of cheap low-quality products on Nigerian markets as such a trend  would simply discourages the local farmers, increases rural poverty, and also increase unemployment.  

NaijaAgroNet  gathered from the minister that even though some are clamouring for the reduction in tariff and duty on the importation of crude palm oil, rice, sugar, fish and so on, it is right to   ensure that fiscal and trade policies are well aligned to further boost the ongoing transformation in the agricultural sector, while rapid gains are still being made.

“While rapid gains are being made, we must ensure that fiscal and trade policies are well aligned to further boost the ongoing transformation in the agricultural sector. Policies and institutional incentives must be sustained, and we must avoid policy reversals, which have scuttled many efforts in the past. Of particular concern is the issue of the Common External Tariff of the ECOWAS region,” he said.

NaijaAgroNet also learnt from Adesina that “Nigeria should protect its farmers from the effects of dumping of subsidized products smuggled daily into the country.  America does it. European Union does it. Nigeria should do the same.”


... Linking agrobiz, people & technology

Thursday, September 26, 2013

BOA, Cassava farmers partner on mechanised farming

   


Anthony Nwakaegho/NaijaAgroNet

The Bank of Agriculture (BOA) and the Nigeria Cassava Growers Association in Abuja has signed an agreement following the N3 billion set aside by the federal government to assist the farmers to acquire modern implements.

The Managing Director of the Bank, Dr Mohammed Santuraki, said the agreement was the outcome of the dialogue that had been ongoing between the bank and the farmers association.

Santuraki who was represented by Executive Director, Wholesale Finance of the bank, Mr Waziri Ahmadu, said both parties had agreed on modalities for the association to access the loan through mutual partnership.

“The bank has worked out appropriate loan processing procedures that will ensure smooth and timely packaging of loans, so long as applicants meet the bank’s requirement. The interest rate pegged at 12 per cent would be at the discretion of the Central Bank of Nigeria and Nigeria Incentive-based Risk Sharing for Agricultural Lending, he said.

NaijaAgroNet gathered that the bank has been in partnership with the bank since 2008 when it set aside N200 million for disbursement to its members to cultivate cassava, while the Flour Millers Association of Nigeria also established the Cassava Endowment Fund and domiciled it with the bank.

Earlier in his speech the Minister of Agriculture and Rural Development, Dr Akinwumi Adesina, commended the association for their dedication in its dealings on matters relating to agriculture and stressed that the signing of an agreement between the Bank of Agriculture and the Nigeria Cassava Growers Association in Abuja would enable farmers to access loan through the bank for mechanised farming in cassava.

The President of the association, Mr Segun Adewumi said it would cultivate one million hectares of cassava in the 2013 planting season and pledged the resolve of members of the association to repay the loan on schedule.

 NaijaAgroNet
... Linking agrobiz, people & technology

Tuesday, September 24, 2013

FG agricultural incentive expands rice production - Study



Anthony Nwakaegho/NaijaAgroNet

The implementation of the Federal Government’s incentives on agriculture, otherwise known as Agriculture Transformation Agenda (ATA) has led to the expansion of rice production and changed perception that local rice is ‘inferior’ rice with stones and unsavoury odour.

Investigations by NaijaAgroNet revealed that in response to government policy and incentives for rice, 14 large-scale integrated rice mills were established by the private sector in two years, producing international quality long-grained parboiled rice.

The rice which is said to be in the market are well-packaged, long grained parboiled local rice, from Kano (Umza rice), Ebonyi (Ebony rice), Benue State (Mikap rice), are tastier and healthier than imported rice which are often 15 years old rice dumped on the Nigerian market. 

It was further revealed that, Dominion Farms, a foreign investor, has invested $40 million (N6442, 000,000) in a commercial rice farm, and 30,000 ha field, including community out-grower farms in Taraba State would hit the market in 2014. Olam has expanded its rice cultivation by 10,000 ha, in response to the policy incentives by the government. 

Lagos State Government is said to have recently bought seventeen trailer loads of paddy rice from Kebbi state, to Lagos to mill in the rice mill set up by the Lagos state government instead of importing brown rice from Thailand and India.

NaijaAgroNet discovered that this paddy rice fields in Kebbi has stimulated the economy by adding N37 billion of incomes to farmers in Nigeria, created 467,000 jobs, while Lagos State sells the milled  paddy rice from Kebbi State that has come to be known as Eko rice.


... Linking agrobiz, people & technology
pix: President Goodluck Jonathan

Sunday, September 22, 2013

Provide special funds for agric sector, CIBN tells FG

Anthony Nwakaegho/NaijaAgroNet:
 
The Federal Government has been called upon to intervene in the implementation of infrastructure development programmes in the country by providing a special intervention fund that will boost development in the agricultural sectors.
 
The President, Chartered Institute of Bankers of Nigeria (CIBN) Mr. Segun Aina gave the charge while speaking at the just concluded 7th Annual Conference of the Institute in Abuja, stressing that the ongoing economic diversification agenda of the government become necessary due to uncertainties in the international oil market and the search by other countries for alternative energy sources.
 
NaijaAgroNet gathered from Aina that the Federal Government has done much in terms of policy frameworks and reforms so far in the power, financial and agricultural sectors to attract investment, while government need to do more by providing the infrastructure and critical need with cheaper long term loans.

“In the year 2009 and 2010, the conference recommended the fast- tracking of the proposal for the development of a Competency Framework and you are all aware that in November 2012, the Central Bank released the guidelines for the implementation of the competency Framework for the Nigerian Banking industry with the Institute as the sole accreditation and certification agency,” he said.

NaijaAgroNet also gathered that the institute expect the government to look into their recommendations, especially in the issue of unique and coordinated National Identification Programme, diversification of the economy away from oil due its global uncertainties, search for alternative energy sources and the discovery of shale oil and gas.

... Linking agrobiz, people & technology

Thursday, September 12, 2013

Lend to farmers or face deposit cut, FG warns banks

Anthony Nwakaegho
 
The Federal Government has threatened to cut her deposits with the commercial banks in the country over its reluctance to grant loans to agricultural, mineral resources and small and medium enterprises sectors of the economy.
 
The President Good Luck Jonathan dropped the hint, when he spoke at the 7th Annual Banking and Finance Conference of the Chartered Institute of Bankers of Nigeria (CIBN) in Abuja, Tuesday, and warned that government might be compelled to reduce their access to public sector deposits unless they increase their funding to these critical sectors.
 
President GoodLuck Jonathan who was represented the Minster of State for Finance, Dr. Yerima Ngama   frowned at the performance of the banks in not doing enough to support the real sector despite the policies and other incentives provided to create an enabling environment for them to thrive in the country over the years.
 
He explained that the Central Bank of Nigeria (CBN) has intervened through financial intermediation support initiatives such as Commercial Agricultural Credit Scheme (CACS), and Nigerian Incentive-Based Risk Sharing System for Agricultural Lending,(NIRSAL).
 
The President expressed his desire for the banks to jointly do more in terms of Agricultural lending, adding that it has remained too low to achieve the Agricultural Transformation Agenda’s (ATA) goals of making Nigeria to become a net exporter of food and a hub in job creation in the nation’s economy.
 
"The banks have to come together and see how they can put funds together to really support the farmers. The statistics we have coming from the Central Bank is that when you lend to farmers they pay you. I think we have First Bank’s experience where the percentage of non performing agric loans to performing is less than 1.5 per cent.
 
“So the poor actually pay their loans, but why are the banks always eager to go and lend to riskier businesses than safe agricultural businesses? The issue is with our psyche, we think that maybe they are not high tech or maybe there is too much documentation based on a loan of N50, 000 or N100, 000.”
 
He warned that except the banks show their readiness to support the nation’s economic development objectives the CBN may have to introduce new policy measures that would deny the banks continued access to government deposits
 
The President of CIBN, Mr Segun Aina in his remarks reassured the government of the institute’s readiness to partner government on its various initiatives that is aimed at deepening banking knowledge and improving delivery of top class financial services to the nation’s economy.

... Linking agrobiz, people & technology
Pix: CBN Governor, Sanusi Lamido Sanusi

Thursday, August 8, 2013

2015: FG eyes north for wheat bumper harvests

Despite the insecurity insurgency in northern Nigeria, the Federal Government has reiterated its resolve to have a wheat bumper harvest by 2015, thereby halving imports through local production.

This follows the discovery of two improved varieties of wheat expected to position Nigeria well in local wheat production, sufficient to reduce national wheat import by half in 2015.

Special Assistant on Media & Strategy to Minister of Agriculture and Rural Development, Dr. Olukayode Oyeleye disclosed this to NaijaAgroNet, quoting the executive director, Lake Chad Research Institute (LCRI), Dr. Oluwasina Gbenga Olabanji, as saying in Abuja, while presenting 100 per cent Nigerian wheat bread to the Minister of Agriculture and Rural Development, Dr. Akinwumi Adesina in his office.

Dr. Olabanji said these varieties, due to be released in 2014 are capable of producing an "average yield of 5 to 6 tons per hectare” stressing that the varieties, named Norman Borlaug and Reyne 28, are expected to position Nigeria to produce what it requires as it expands its land holdings allocated to wheat production, and would boost the economy of the north.

The reality of the improved varieties, Dr. Olabanji noted, “was achieved through collaboration with CIMMYT in Mexico and ICARDA in Tunisia.” 

The director referred to the earlier work done on wheat in Nigeria, saying that, “for wheat research in LRCI, we have done a lot of work on the genetic improvement of wheat in Nigeria. As at 1976, the average yield was 1.2 tons per hectare. But, with the launching of the wheat transformation agenda by the Honourable Minister of Agriculture and Rural Development of the federal government of Nigeria, we have been able to develop some improved varieties that can give us an average yield of 5 to 6 tons per hectare.”

The efforts will ensure that, by 2015, the quantity of wheat imported into Nigeria is reduced by half. This is to be achieved through aggressive production in 10 states of the north as disclosed this week during the official presentation of Abuja. Dr. Olabanji also projected that, “between now and 2015, we should be able to produce half of our demand in this country.”

He observed that “our demand for wheat is 3.7 metric tons, expressing optimism that, “by 2015, we should be able to achieve 50 per cent of this national demand. And that will reduce the cost of importation by 50 per cent. Presently, Nigeria is spending N635 billion every year for wheat importation.”

 As part of the effort toward achieving the laudable goal, the executive director talked about strategies to harness the comparative advantage for wheat production in the north. “We have the potentials to produce our own wheat. We have 600,000 hectares of land in this country that is suitable for wheat production, out of which only 10 per cent of land this area is utilised for wheat production. But, within this agricultural transformation agenda, we have proposed, for 2013 to 2014, to cultivate 150,000 hectares of land in the wheat-growing areas. These are 10 states in the northern parts of the country.”

On the varieties that would do well in Nigeria, he said, “we have rain-fed wheat in Nigeria. And this rain-fed wheat is cultivated in Nigerian highlands. These Nigerian highlands are in Mambilla Plateau in Taraba State, Jos in Plateau State, and Obudu in Cross River State. These are potential areas for rain-fed wheat production. We have about 80,000 hectares area of land in these areas that are suitable for rain-fed wheat production.”

Dr. Olabanji explained that the work on wheat goes beyond mere field cultivation. “With ATA, we emphasise value chain, not just producing the wheat. We have gone into processing our Nigerian wheat into flour. We also have recipes that are made from this wheat flour, like the bread. We have 100 per cent Nigerian made bread. Our wheat flour is comparable, if not superior, to imported flour that we are clamouring for in Nigeria.”

Earlier, the Minister of Agriculture and Rural Development commended the efforts of Dr. Olabanji and his institute, LCRI, pointing out that LCRI is the first among other agricultural research institutes to bring up products of research to his office. “What Dr. Olabanji has just shown was that Nigeria’s comparative advantage is not to be in consumption but that we can produce even the things we are importing,” the minister stated. To Dr. Olabanji, he said: “We will hold you up as an example for all the others, about how our agencies should work and help Mr. President.”

Expressing the hope that, Nigeria will soon be self-sufficient in wheat production, Dr. Adesina said, “all the way in the north; Borno, Yobe, Katsina, Kano, Zamfara, Sokoto states: in all those areas, we can produce wheat.” He lamented, however, that “we have not been doing that well.” Rather, he noted, “we spend N635million annually in importing wheat.”

Excited, the minister expressed the belief that, “with all the wheat value chain that we have, we will be able, over a four-year period. …Just imagine what the northern states will look like. We did dry season rice in 10 states in the north. You saw what happened. You can imagine if wheat expansion of those varieties under those mechanised conditions happened all over the place.”

Dr. Adesina promised to support, the research institute and wheat transformation agenda. 

He said “Nigeria will not be a consumption centre. Nigeria must be self-sufficient in producing what we actually eat, so that we can reduce our dependency on others,” adding that “any nation that does not free itself from food import is a danger to its own very self.”

The minister observed that “the quality of our wheat in terms of consumer acceptance is excellent,” but sympathized that “our local research institutes are not well funded.” He said, “with the little amount that they have, (you can) imagine what they have done.” 

He enthused that “these are the moments that make me enormously very happy and more confident that our future as a country in agriculture is very bright.”

... Linking agrobiz, people & technology

Friday, July 12, 2013

Nigeria to explore Chinese rice varieties

Dr. Adesina in a handshake with Prof. Long Pin
The Federal Government may have concluded plans to explore Chinese rice varieties, according to the Minister of Agriculture and Rural Development, Dr. Akinwumi Adesina.

He disclosed this during a meeting with Chinese rice scientist, Professor Yuan Long Pin on Thursday in the city of Beijing as part of President Goodluck Jonathan’s delegation to the Asian nation.

NaijaAgroNet notes that Prof. Long Pin is reputed for successfully breeding rice that has improved production to 7.5 metric tons per hectare.


This achievement, NaijaAgroNet also gathered helped China on the path of food security through his expertise.

... Linking agrobiz, people & technology

Monday, March 4, 2013

FG to establish 774 agro ‘one-stop-shops’ by 2015, commissions Iseyin centre



The Federal Government has concluded plans to establish an agro ‘one-stop-shop’ centre in all 774 Local Governments (LGs) in the country by the year 2015, with the first phased commissioned at the weekend in Iseyin LG, Oyo State.
(L - R) Prince Fehintola Oyelade, Chairman, All Farmers' Association, Iseyin LGA,   
Mrs. Areola Aderibigbe, Association of Women Farmers of Nigeria (AWFAN), 
Oyo East, Princess Ayobami Temilade, State Secretary of AWFAN, Oyo State.

Disclosing this to NaijaAgroNet, at the official commissioning of the Iseyin centre, the Permanent Secretary, Federal Ministry of Agriculture and Rural Development, Mrs. Ibukun Odusote, said these centres will be constructed by the federal government for the purpose of ensuring the availability, accessibility and affordability of agricultural inputs such as fertiliser, agro-chemicals, quality seeds, livestock feeds, veterinary drugs, tractor hiring, primary processing and extension services and to serve as access warehouse facility for inputs for farmers.

She also said that the task of making food available, affordable and accessible to all Nigerians through promotion of food security programmes has been the major focus of the federal government in pursuance of the Agricultural Transformation Agenda of Mr. President, Dr. Goodluck Ebele Jonathan.

She said her ministry is very mindful of the serious impediment of inaccessibility of good quality agricultural inputs such as fertiliser, agro-chemicals, seeds and seedlings, livestock feeds, veterinary drugs, tractor hiring, primary processing and extension services by farmers in a bid to maximising aggregate production output for the nation.

This impediment as well as the federal government’s intention to withdraw from direct procurement and distribution of all agricultural inputs, she said, informed the decision of the ministry to establish at least one ‘one-stop-shop’ agro-input centre in each of the local government areas in the federation by the year 2015.

These centres, Mrs. Odusote said are established as part of the Agricultural Transformation Agenda in the agro-input sub-sector to strengthen the food security programme of the federal government.

“They are aimed at providing market information services, promote private sector investment in viable commercial agriculture and enhance food security,” she said.

Each of the centres, she revealed, has facilities for about 500 tonnage storage capacity for fertilisers, seeds and agro-chemicals as well as provides tractor hiring, primary processing and extension support services. The centre will also enhance the activities of the Growth Enhancement Supports (GES) programme of the federal government to a large extent.

“The first phase of 62 one-stop-shop agro-input centres was awarded in October 2010 for execution nationwide while the second phase of 18 was awarded in December 2011,” she disclosed.

She noted that three of these centres were being established at various locations in Oyo State, namely each at Iseyin, Fasola and Ago Amodu, in Iseyin, Oyo West and Saki East LGAs.

“The projects, after completion, are envisaged to be concessioned to private sector operators, through approved concessioning process in accordance with federal government Concessioning Act,” she said.

Presently, the Perm Sec pointed out that most of the centres in the first phase have been completed and ready for commissioning and utilisation.

“Within the constraint of time, one representative centre per geo-political zone of the country has been selected for official commissioning,” she said, emphasizing that the Iseyin commissioning symbolises inputs such as seeds, fertiliser, chemicals and tractors with attachable implements will be available for sale and hiring respectively.

“With the sales of these inputs, it is hoped that the productivity of the potential beneficiaries will be boosted,” she said.

Remmy Nweke/NaijaAgroNet
... Linking agrobiz, people & technology

Saturday, November 17, 2012

Adesina advocates mechanised farming to lure youths into farming

Adesina, Agriculture and Rural Development Minister

Agriculture and Rural Development Minister, Dr. Akinwunmi Adesina has said that the use of tractors on farms would attract youths to farming.
Speaking in Abuja recently, Dr. Adesina said creating market for contract tractor service providers would lead to mechanising the sector which will in turn provide jobs for many industrious youths.
"To get the youth into agriculture, we must rapidly mechanise our agriculture," Adesina noted emphasising the need to come up with a comprehensive system that would facilitates a strong relationship between financial institutions, tractors manufacturers and vendors, and other relevant parties towards making it affordable to own or lease tractors.
Adesina also confirmed that Nigeria doesn’t have up to 20, 000 functioning tractors in the country and this make Nigeria one of the countries that have the lowest number of tractors in the world.
He further added that the federal government has commenced the design of a new initiative that would give a new generation of young commercial farmers to help transform the agricultural sector and feed Nigeria today and in the future.
“To feed our rising population well into the future, we will need young commercial farmers," he said that the farming population is ageing rapidly, making it to difficult to meet the increasing challenges associated with markets and technology.


... Linking agrobiz, people & technology