ADVERTISEMENT
The Sun Nigeria
  • Home
  • 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
  • Home
  • 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
Ley Your Dreams Come Alive – With FCMB Loans
Home Business

[email protected]: Agriculture revolution, food security so far

26th October 2020
in Business
0
Nigeria@60: Agriculture revolution, food security so far
0
SHARES
123
VIEWS
Share on FacebookShare on Twitter

Chinyere Anyanwu [email protected] 09028770040

Nigeria has celebrated its 60th independence anniversary and there are mixed feelings about the nation’s level of development on all fronts especially in relation to its natural endowments and human capital.

An assessment of the country’s agriculture sector since independence reveals that there have been considerable achievements but not up to the desired level. The sector, which holds the potential to steer the country’s economy out of the doldrums is yet to adequately find its footing owing to several challenges.

Are you a Man 40 yrs and above? Do not miss the Vital Information, it goes off in 2 days! CLICH HERE to READ .

Owing to the dwindling performance of  the agriculture sector in the country, successive administrations, both military and democratic, have formulated and implemented various policies and projects aimed at putting the sector back to its critical place in the economy.

Looking at the nation’s agriculture in segments, the period before the discovery of crude oil, and before and immediately after independence was the sector’s glorious season when it was the mainstay of the economy. During this period, Nigeria boasted of cash crops such as rubber, cocoa, and timber, palm produce, and groundnut, among others, which foreign exchange earners for the country. It was equally self-sufficient in several food crops including cassava, maize, yam, cocoyam, wheat, etc.

In the period after the discovery of crude oil and after independence, Nigeria’s agriculture suffered setback owing to the neglect of the sector by government. The cultivation and maintenance of cash and food crops owing to abundant cash inflow from oil was neglected. Nigeria went from being an export country to an import-dependent nation, importing almost everything including toothpick.

Earn in US Dollars weekly by trading in US Stock options from companies like Apple, Facebook, Twitter, Amazon, Tesla, etc. Weekly earnings paid directly to your bank account. Click here to learn more .

The period following this is the period of restoration marked by successive governments’ recognition of the sector’s importance to the economic survival and sustainability of the country. They have, over the years, formulated and implemented various policies and projects targeted at resuscitating agriculture and repositioning it to occupy its pride of place.        

There was the Operation Feed the Nation (OFN) programme of the Obasanjo-led military administration; the Anchor Borrowers’ Programme (ABP); the 2016-2020 Agriculture Promotion Policy (APP) also known as the Green Alternative; the Growth Enhancement Support (GES) scheme aimed at subsidising fertiliser by 25 per cent; Agricultural Credit Guarantee Scheme Funds (ACGSF); Commercial Agriculture Credit Scheme (CACS), and Nigeria Incentive-based Risk Sharing System for Agricultural Lending (NIRSAL), among others.

Premature Ejaculation & "Small Joystick" Resolved in 7Days... Click Here For Details .

Other measures were the restriction of forex for imports of certain food items, outright ban on importation of goods that can be produced locally, removal of subsidy for the importation of 41 non-essential commodities and border closure last year August.

Through these efforts, Nigeria’s agriculture has recorded some achievements. Today, the country is doing well in rice production boasting of over 40 rice mills with production volume running into hundreds of millions of tonnes annually. Oil palm produce is also receiving attention from the Central Bank of Nigeria (CBN) and production of several other crops have received boosts from both government and private sector.

Further steps taken by government to reposition agriculture came in the form of massive awareness among youths to attract them into agriculture and agribusiness. This has given rise to the birthing of a crop of youths who are investing heavily in agriculture and giving the sector a fresh breath of life.

Despite these moves to bring agriculture back to its enviable position, several challenges have kept it struggling over the years. Major among these challenges has been the insincerity of implementing authorities in the implementation of the programmes intended for the resuscitation of the sector. Farmers have always insisted that funds and other inputs intended for their use rarely get to them and where they do, it is usually after struggling through several bureaucratic bottlenecks.

The non-mechanisation of the country’s agriculture has contributed in no small measure to keeping the sector stagnant over the years. Till date, manual labour still characterises Nigeria’s agricultural practices.

High interest rate on funds meant for the sector is another albatross militating against its progress. According to stakeholders, commercial banks give about 29 per cent interest while government interest is 9 per cent but they insist that any interest rate on agriculture loan that is above 5 per cent is not tenable.

100% Natural Herbs to Finally End Premature Ejaculation, Weak Erection and Small Manhood. >>>Click Here for Details<<< .

The challenge of post-harvest losses equally constitutes a setback to food security. Lack of processing equipment needed to process excess farm produce into other products has often resulted in wastage of perishable produce thereby creating scarcity during off season of such commodities.

Poor road networks that make it difficult to get farm produce to the market, especially in rural farm communities, is another challenge confronting the sector.

The herders/farmers crises that have beset the country in the last three to four years have set agriculture and the nation’s efforts to attain food security back a great deal. The regions known as the nation’s food baskets have been majorly hit by these crises which have seen farmers abandoning their farms and taking refuge in Internally Displaced Persons (IDP) camps.

Speaking on Nigeria’s agriculture sector since independence, the Vice President of Nigeria Agribusiness Group (NABG), Mr. Emmanuel Ijewere, sees the sector as having bright prospects when the right things are put in place.

Ijewere said, “before independence, immediately after independence and before the civil war, Nigeria was very good in agriculture and we were poised to be a major player in the field of agriculture in the world. After the war, and combined with the oil money that was coming in, the military went wild. That was when they made the stupid statement that money is not our problem but how to spend it. And everybody abandoned agriculture because it was too tedious, it was too much work. You can go to the big cities and get the oil money easily. That was the beginning of the downfall of agriculture.”

He stated that, “successive governments, including the military ones, came up several projects including Operation Feed the Nation (OFN), etc. All of them went to further finance the corruption that has already taken over the country. The farmer was discouraged, more people left the villages, went to the cities and left only old people in the villages who could not take advantage of the various agricultural advancements in the world.”

He, however, noted that, “As at now, I see great prospects. I see a situation where the private sector is getting more conscious of the fact that agriculture is the future of Nigeria’s economic development. More educated people are now coming in. Government is beginning to understand this. Even the state governments who used to go to Abuja every month to collect money are now taking agriculture in their states a lot more serious since that money is dwindling.

“All these things combined, it shows that going forward, agriculture has a brighter prospect. But in doing so, my prayer is this, and you may not like this prayer, may the price of oil continue to be low so that we can use those things that God gave us that will be more sustainable than oil. In any case, in the next five to 10 years, people are going to be in less need of crude oil in the world. So I think we have a great prospect now and I’m happy about it.”

Another stakeholder, Dr. Victor Iyama, President, Federation of Agricultural Commodities Association of Nigeria, (FACAN), believes Nigeria has not done too badly in its efforts to properly position agriculture and ensure food security.   

According to him, “we have not done too badly but it could have been better. For a number of years, our concentration on oil has rubbed off on us and we are definitely not where we ought to be but from the look of things and the downturn in oil fortunes we’ve taken up agriculture. We are not there yet but I know that if we continue with this tempo, we will be there in a very short while.”

Iyama insists that, “we have a lot of commodities, domestic and the ones we can trade internationally. On the domestic commodities, we are trying. On the ones we can trade internationally, there’s still a lot of gaps in our production capacity and we have to do a lot about that. How can we be producing 250,000 tonnes of cocoa when a country like Cote D’Ivoire is producing 2.2 million tonnes of cocoa? And we’re almost 10 times bigger than them.”

He lamented, however, that, “we are still doing more of promoting importation. We are talking about not seeing dollars, but nobody is talking about the obnoxious laws and policies of CBN concerning our export. There’s no way you can say you’re promoting export and you’re gagging exporters from having unfettered access to their funds. We are promoting importation and killing export.

“In this country today that we are looking for dollars, are we not supposed to be discouraging import? A country that has problem of inflow and dollar liquidity, what do you do? You restrict your importation to healthcare system and agricultural equipment. Any other person who wants dollar to do anything should go and source for it.”

Rapheal

Rapheal

Related Posts

2023 presidency: Osinbajo gets Pastor Adeboye’s nod
Business

Why we opted out of global tax rule –Osinbajo

19th May 2022
VAT: Airlines count losses over  Customs implementation delay
Business

Kebbi Customs intercepts 800 bags of white sorghum worth’s N6.2m

19th May 2022
SuperYogo shares goodness with Muslim Faithful during Eid el-Fitr
Business

SuperYogo shares goodness with Muslim Faithful during Eid el-Fitr

19th May 2022
Next Post

Africa Prudential records 6% profit drop

Debt recovery: Access Bank, ex-minister, Etiebet’s firm opt for out-of-court settlement

Access Bank to support Nigerians with N50bn interest-free facility

Conoil shareholders approve N2 dividend payout

Conoil shareholders approve N2 dividend payout

Leave a Reply Cancel reply

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

ADVERTISEMENT

Highlights

NGC hands over primary healthcare centres to Delta communities

Larry Esin wants Akwa Ibom guber zoning done on ethnic basis

Soludo presents 2022 revised budget to Anambra Assembly

Prioritise security, welfare of corps members, ex-NYSC DG, Shuaibu urges successor

We didn’t endorsed Edeoga as guber candidate – Enugu North district PDP LG chairmen

OAGF, stakeholders seek to strengthen Public Finance Management Reforms

Trending

Buhari appoints Adamu Tutuwa as FIIRO boss
National

Buhari appoints Adamu Tutuwa as FIIRO boss

19th May 2022
0

From Charity Nwakaudu, Abuja President Muhammadu Buhari has approved the appointment of Dr Jummai Adamu Tutuwa as...

Water minister commends FG, stakeholders' commitments to water and sanitation

Water minister commends FG, stakeholders’ commitments to water and sanitation

19th May 2022
Rotary Clubs carry out free medical mission in Patani LG

Rotary Clubs carry out free medical mission in Patani LG

19th May 2022
NGC hands over primary healthcare centres to Delta communities

NGC hands over primary healthcare centres to Delta communities

19th May 2022
Larry Esin wants Akwa Ibom guber zoning done on ethnic basis

Larry Esin wants Akwa Ibom guber zoning done on ethnic basis

19th May 2022

Follow us on social media:

Latest News

  • Buhari appoints Adamu Tutuwa as FIIRO boss
  • Water minister commends FG, stakeholders’ commitments to water and sanitation
  • Rotary Clubs carry out free medical mission in Patani LG
  • NGC hands over primary healthcare centres to Delta communities
  • Larry Esin wants Akwa Ibom guber zoning done on ethnic basis
  • Soludo presents 2022 revised budget to Anambra Assembly
  • Prioritise security, welfare of corps members, ex-NYSC DG, Shuaibu urges successor
  • We didn’t endorsed Edeoga as guber candidate – Enugu North district PDP LG chairmen
  • OAGF, stakeholders seek to strengthen Public Finance Management Reforms
  • Abuja mayhem: FCT minister under fire
  • $200bn investments needed to access clean cooking gas by 2030-Sylva
  • 2023: ADC most credible alternative – Chairman
  • Troops kill notorious kingpin, arrest 3 suspects, rescue 2 kidnapped victims in A’Ibom
  • FAAN inaugurates App for airport taxi
  • Electoral Act Section 84 (12): Supreme Court to hear suit May 26
  • ASUU strike: Ekiti LG boss cautions students against crime
  • Road to 2023: Bala Tinka joins Gombe North senatorial race, meets APC delegates
  • Primaries: INEC orders Imo PDP to settle for statutory delegates
  • Crown Flour Mill bags National Productivity Order of Merit Award
  • APC national monitoring committee expresses  satisfaction over conduct of delegates election exercise in Kebbi

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
  • Home
  • About Us
  • Paper Ad Rate
  • Online Ad Rate
  • The Team
  • Contact Us
  • Privacy Policy

© 2019 The Sun Nigeria - Managed by Netsera.

No Result
View All Result
  • Home
  • 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.

Posting....