World Food Day 2021: FG sets aside 600 billion naira loan for 2.4 million farmers – Buhari | The Guardian Nigeria News
The federal government said it had, under the Agribusiness Productivity and Livelihood Improvement Project (APPEALS), set aside 600 billion naira in loans to support 2 , 4 million farmers across the country.
President Muhammadu Buhari revealed this during the opening of the National Agricultural Show on World Food Day 2021 on Wednesday in Abuja.
The theme of the 2021 edition of the Salon de l’Agriculture is: “Our actions are our future. Better production, better nutrition, a better environment and a better life ”.
Buhari, who was represented by Agriculture and Rural Development Minister Dr Mohammed Abubakar, said his administration was not relying on its oars to meet the challenges of the country’s agricultural sector.
The federal government, through the Agribusiness Productivity and Livelihood Improvement Project (APPEALS), has set aside 600 billion naira to support lending to farmers across the country.
“No less than 2.4 million farmers are expected to benefit from the zero-interest loan.
The gesture will support the country’s farmers, to improve their productivity aimed at strengthening the country’s food security, improving farmers’ production and increasing exports.
“It is gratifying that the sector is treated as a business, and no longer as a development project, with massive distribution of high quality agricultural inputs, dissemination of relevant research results and significant improvement in value chains of agricultural products.
“I would like to reiterate and it is clear that if the agricultural sector is to be made more productive and food systems sustainable, we must all be prepared to invest heavily in the sector and to respond to the call against the looming food crisis as predicted. the world Bank, FAO, AfDB and other key players in food and agriculture, ”he said.
The president noted that since the start of the 2021 agricultural season, the federal government has distributed inputs to states across the country to boost food production.
”Nigeria recorded an increase in the production of its main staple crops, especially maize and rice, which rose from 12.8 and 12.3 to 13.94 and 14.28 million metric tons (MMT ).
The same is true for cassava, whose production increased from 58.47 MT in 2018 to 73.91 MT and should even reach 93.6 MT by 2023.
Growth was also recorded for peanut, tomato and sorghum production. Bovine, dairy and fishery production also increased by 166%, 146% and 11% respectively between 2020 and 2021.
“The report from the Central Bank of Nigeria (CBN) and the National Bureau of Statistics indicates that Nigeria’s national agricultural import bill has also been reduced from 1.2 billion to 1.1 billion naira,” he said. declared.
Also speaking, Senator Abdullahi Adamu, chairman of the Senate Agriculture Committee, said the Buhari administration has initiated programs and policies for agricultural development and food security in the country.
Adamu, who thanked God for World Food Day which takes place on October 16, 2021, noted that it was a very important day on the Food and Agriculture Organization’s calendar. agriculture (FAO)