ADVERTISEMENT
The Sun Nigeria
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun
No Result
View All Result
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun
No Result
View All Result
The Sun Nigeria
No Result
View All Result
ADVERTISEMENT
Home National

Agric expert recommends fiscal discipline, infrastructure development to reduce poverty

23rd August 2018
in National
0
FISCAL
14
SHARES
94
VIEWS
Share on FacebookShare on Twitter

Olanrewaju Lawal, Birnin-Kebbi

An agriculture research expert at the Ogun State Ministry of Agriculture, Mr. Olatokunbo H. Osinowo, has urged the Federal Government to adopt fiscal discipline  and policies that would promote critical infrastructure development to reduce poverty in Nigeria.

Osinnowo stated this, on Thursday, while presenting a lecture during a second conference of the Feed the Future Nigeria Agricultural Policy Project, organised by International Food Policy Research Institute (IFPRI)  noted that despite many government’s policies to alleviate poverty, millions of Nigerians still wallops in the scourge.

READ ALSO: Turbaning: Igbo community in Katsina congratulates Kalu

The agricultural researcher in his lecture titled ‘Poverty in Nigeria: The Role of Economic Growth, Governance and Agriculture’, traced persistent poverty in Nigeria to weak governance, a combinations of inefficient service delivery and inconsistent policy settings.

He continued, “In most cases where growth occurs, poverty falls no matter whether inequality becomes greater or lesser. Furthermore, since similar growth rates impact differently on poverty reduction, we may conclude that growth is good for the poor, but not sufficient condition for poverty alleviation.

“Since economic growth ( GDP), translates into poverty reduction in both short and long run, it is recommended that stable macroeconomic policies, such as sound fiscal and monetary policies that would create a hospitable climate for private investment and thus promote productivity that the poor and non-poor would benefit from.

“Infrastructure is also one of the most important variable that influence poverty reduction and significant in both the short and long run.

“Therefore, it is recommended that government should embrace more fiscal discipline and put-in- place policies that would promote critical infrastructural development which will accelerate the rate of poverty alleviation.”

Osinowo who commended Federal Government over it efforts to diversify nation’s economy, said more actions should be made on using agriculture as the main driver of the economy.

Earlier, Head of IFPRI, Nigeria Office, Dr. George Mavrotas in his lecture titled ” Fiscal coordination and Agricultural Growth in oil exporting developing countries: Evidence from Nigeria,” noted that Nigeria could do better on agriculture if all stakeholders, farmers, government, private investors see farming as a business.

He urged government to adopt and implement many researches blue prints  carried out by experts and IFPRI on agriculture sector to restore its glory as main export earning in Nigeria.

Segun Adio

Segun Adio

Related Posts

Ekweremadu: Court orders NIS, banks to release Ukpo’s biodata
National

Alleged organ harvesting: More details emerge about ‘donor’ Nwamini

2nd August 2022
The Sun MD, NAFDAC director, Sapeyi of Garki  appointed into UN agency’s Board of Trustees in Nigeria
National

The Sun MD, NAFDAC director, Sapeyi of Garki appointed into UN agency’s Board of Trustees in Nigeria

2nd August 2022
Insecurity: Abuja protesters kick against NSA, Defence minister
National

Insecurity: Abuja protesters kick against NSA, Defence minister

2nd August 2022
Next Post
KEBBI

Kebbi police nab drug peddlers with 18 cartons of diazepam, 3 cartons of tramadol

UGANDA

Uganda opens Ebola treatment units at border with DRC

KOGI

3 burnt to death in Kogi accident

Leave a Reply Cancel reply

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

Highlights

The Sun MD, NAFDAC director, Sapeyi of Garki appointed into UN agency’s Board of Trustees in Nigeria

Insecurity: Abuja protesters kick against NSA, Defence minister

Datti-Ahmed tackles Okowa over comment on Obi

Atiku, British envoy meet over security, economy, education, others

Edo finalises documentation, audit of forests, to begin recruitment of forest police

Insecurity: Majority of APC senators back Buhari’s impeachment –Bulkachuwa

Trending

Hairstyle as evidence of cult membership
Columns

Nigeria as an auction item: Going, going, almost gone

2nd August 2022
0

Nigeria is like an item put out for sale at a public auction. Bandits, kidnappers, and other...

Ekweremadu: Court orders NIS, banks to release Ukpo’s biodata

Alleged organ harvesting: More details emerge about ‘donor’ Nwamini

2nd August 2022
Wike pledges to sustain support to police

2023: PDP BoT to meet over Wike –Jibrin

2nd August 2022
The Sun MD, NAFDAC director, Sapeyi of Garki  appointed into UN agency’s Board of Trustees in Nigeria

The Sun MD, NAFDAC director, Sapeyi of Garki appointed into UN agency’s Board of Trustees in Nigeria

2nd August 2022
Insecurity: Abuja protesters kick against NSA, Defence minister

Insecurity: Abuja protesters kick against NSA, Defence minister

2nd August 2022
ADVERTISEMENT

Follow us on social media:

Latest News

  • Nigeria as an auction item: Going, going, almost gone
  • Alleged organ harvesting: More details emerge about ‘donor’ Nwamini
  • 2023: PDP BoT to meet over Wike –Jibrin
  • The Sun MD, NAFDAC director, Sapeyi of Garki appointed into UN agency’s Board of Trustees in Nigeria
  • Insecurity: Abuja protesters kick against NSA, Defence minister
  • Datti-Ahmed tackles Okowa over comment on Obi
  • Atiku, British envoy meet over security, economy, education, others
  • Edo finalises documentation, audit of forests, to begin recruitment of forest police
  • Insecurity: Majority of APC senators back Buhari’s impeachment –Bulkachuwa
  • Bloody day in Plateau, Taraba as terrorists strike
  • Experts give reasons for high number of stunted children in Nigeria
  • Kuje jail attack: Police re-arrest inmate in Minna
  • …Kidnap nursing mother, 4 months baby, husband, sales boy in Bauchi
  • Over 12m Nigerians registered to vote next year –INEC
  • IPOB to Igbo politicians: Don’t return to South East until Nnamdi Kanu is released
  • Terrorists kill 20, abduct 50 in fresh Kaduna attacks
  • Again, ASUU extends strike by 4 weeks
  • Court remands woman, siblings, over killing, destruction of property in Osun
  • Obi’s movement tackles Buhari, begins nationwide mobilisation
  • PDP, SIEC clash over Osun LG election

Categories

  • Abuja Metro
  • Anambra Watch
  • Arts
  • Broken Tongues
  • Business
  • Business Week
  • Cartoons
  • Citizen Joe
  • Columns
  • Cover
  • Culture
  • Duro Onabule
  • Editorial
  • Education Review
  • Effect
  • Elections
  • Entertainment
  • Events
  • Features
  • Femi Adesina
  • Food & Drinks
  • Frank Talk
  • Funke Egbemode
  • Gallery
  • Global Square by Kenneth Okonkwo
  • Health
  • Insights
  • Kalu Leadership Series
  • Kunle Solaja
  • Kunle Solaja
  • Letters
  • Lifeline
  • Lifestyle
  • Literary Review
  • Marketing Matters
  • Muiz Banire
  • National
  • News
  • Offside Musings
  • Opinion
  • oriental news
  • Politics
  • Press Release
  • PressClips
  • Public Sphere
  • Ralph Egbu
  • Shola Oshunkeye
  • Sideview
  • South-west Magazine
  • Sponsored Post
  • Sporting Sun
  • Sports
  • Sun Girl
  • Tea Time
  • The Flipside – Eric Osagie
  • The Sun Awards Live
  • The Sun TV
  • Thoughts & Talks
  • Time Out
  • Today's cover
  • Tola Adeniyi
  • Travel
  • Travel & Tourism
  • Trending
  • TSWeekend
  • Turf Game
  • Uncategorized
  • Updates
  • Views from Abroad
  • Voices
  • World
  • World News
  • About Us
  • Paper Ad Rate
  • Online Ad Rate
  • Change of Name
  • The Team
  • Contact Us
  • Privacy Policy

© 2019 The Sun Nigeria - Managed by Netsera.

No Result
View All Result
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun

© 2019 The Sun Nigeria - Managed by Netsera.