Connect with us

Politics

FG plans to produce 31 million tons of grains by 2024.

Published

on

FG plans to produce 31 million tons of grains by 2024.
Advertisements
Wema Bank Alat

FG plans to produce 31 million tons of grains by 2024.

The federal government, via the Ministry of Agriculture, aims to produce approximately 31 million metric tons of grains by 2024 to combat food inflation and address President Tinubu’s food security emergency.

Advertisements
Advertisements

In July, President Tinubu declared an emergency on food security and moved the issues relating to food security to the National Security Council. Nigeria’s food inflation for October stands at 31.5% and has risen consistently since the president’s declaration in July.

The Minister of State for Agriculture and Food Security, Sen. Dr. Aliyu Sabi Abdullahi, stated this during the opening session of the 6th edition of the Seed Connect Conference and Exhibition with the theme ‘’ Global Declaration of Food Emergency: The Role of the Seed Industry and Ensuring Africa’s Food and Nutrition Security”

Sen. Aliyu stated that the federal government has earmarked five crops for ambition in 2024 and stated that over 300,000 seeds have been provided to the farmers.

He further outlines critical pathways for achieving the target, such as certification of planting materials and other short- and medium-term strategies.

What he saidHe stated thus, “Nigeria’s seed requirement or need for the five major crops of rice, maize, wheat, soybeans, and sorghum in 2024 is 312,555.69 MT of seeds, which is expected to give almost 31 million MT of grains’’.The Ministry has outlined a series of critical pathways to solve the food security challenges. These pathways are streamlined into short-term, intermediate, and long-term actions.”

“One immediate priority is the certification of available planting material for some food security crops in the dry season farming of 2023/2024, which we flagged off in Jigawa State last Saturday, November 25, 2023.”Support from agricultural finance institutions

He mentioned that the ministry aimed to cultivate more than 70,000 hectares of wheat with financial assistance from the African Development Bank (AfDB) as part of the National Agricultural Growth Scheme and Agro Pocket Scheme (NAGS-AP) project.

The Minister further noted that the National Agricultural Development Fund, together with the Bank of Agriculture and the Nigeria Agricultural Insurance Corporation, will continue to provide financing support to farmers, and it will be short-term.

Advertisements
Advertisements
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Copyright © 2021 NewsReport. Designed by DasodHub.

Verified by MonsterInsights