- Farming has continued to take the centre stage in the policies of the Buhari-led administration
- Now, the focus is shifting to get young people in the country to take an interest in agriculture
- The idea of farm estates is now returning and young people have been asked to take advantage of them
President Muhammadu Buhari has directed that all abandoned farm estates of the National Agricultural Land Development Authority (NALDA) be retrieved to enable thousands of young men and women to engage in farming.
He announced this at the launch of the National Young Farmers Scheme on Tuesday, November 10, designed by NALDA to spur more youth interest in farming among young people.
NALDA executive secretary Mr. Paul Ikonne had earlier stated that NALDA's short-term goals include providing farm inputs such as improved seeds, fertilizers, machinery, environmentally friendly crop protection agents, growth enhancers, and training to already existing farmers.
Ikonne said the initiative will be achieved by increasing palm oil and soya beans production for export among others.
He stated that Nigeria’s potential in the agricultural sector cannot be overemphasized, adding that NALDA under his watch will provide the required leadership to help the president in his quest to diversify the economy.
Meanwhile, the federal government is seeking the National Assembly’s approval to access $1.2 billion agricultural loans from Brazil.
This was disclosed by the minister of finance, budget, and national planning, Mrs. Zainab Ahmed, when she appeared to defend the ministry’s 2021 budget before the House of Representatives’ committee on finance on Tuesday, November 3.
According to her, the federal government had forwarded the loan request to the National Assembly which is aimed at addressing issues in the agriculture value chain as Nigeria moves to make it another source of revenue.
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