Agriculture
N22bn Annual Fertiliser Subsidy, A Major Drain On Treasury – Sanusi
Governor of the Central Bank of Nigeria (CBN), , Malam Sanusi Lamido Sanusi, says that the N22 billion the Federal Governemnt spends on fertiliser subsidy annually, constituted a major drain on the nation’s treasury.
Sanusi, who disclosed this to newsmen in Abuja, recently during an interactive session with the House of Representatives Committee on Agriculture, added that only 11 per cent of the subsidised fertiliser got to farmers.
He maintained that the government should hand over fertiliser procurement and distribution to the private sector.
“Government should only concern itself with the provision of quality regulatory framework that will promote local manufacturing,’’ he said.
The CBN governor identified poor quality fertiliser, adulteration and absence of a regulatory and quality control system as the bane of the fertiliser regime in the country.
He also called for the deregulation of the agricultural insurance sector industry by amending part three, section 13 of the NAIC Decree 37 of 1993, to allow for private insurance companies to participate in agricultural insurance service delivery.
In this regard, therefore, he canvassed for the overhaul of the Nigeria Agricultural Insurance Corporation (NAIC).
He said that the Nigeria Incentive-Based Risk Sharing for Agriculture Lending (NIRSAL) would work closely with the MDAs to tackle issues related to agricultural inputs.
“NIRSAL will provide technical assistance to help organise farmers into cooperative groups that can act as recipients of working capital for crop production.”
He noted that the agriculture sector was central to the country’s economy, accounting for 40 per cent of GDP and 60 per cent of employment.
“Agriculture is a major source of employment growth, providing 51 per cent of jobs in Nigeria between 2001 to 2007.”
Sanusi maintained that Nigeria as a country, spent only three per cent of its annual budget on agriculture while spending one billion dollars annually on rice importation.
Rep. Mohammed Mongonu (ANPP-Borno), the Chairman of the committee said that the interactive session was aimed at harvesting views that would assist in proffering solutions to the problems confronting the sector.
Mungonu stressed the need for collaboration between the National Assembly and the Executive to improve on the development of the sector.
Federal Government and the Ogun State Government, on Wednesday, distributed farm inputs to farmers as part of effort to address food security challenge.
The State Director, Federal Ministry of Agriculture and Food Security, Dr. Toyin Ayo-Ajayi, during the flag-off ceremony of Inputs Redemption Under The National Agricultural Growth Scheme-Agro Pocket (NAGS-AP), in Ogun State, disclosed that beneficiaries of the gesture were primarily rice, maize and cassava farmers across the State.
Ayo-Ajayi commended the Ogun State Government for partnering with the government at the centre for the effort in supporting farmers with inputs that would bring about yieldings for local consumption and likely exportation.
She noted that government is supporting rice, cassava and maize farmers with inputs worth N212,000; N189,000 and N186,000 respectively.
The Permanent Secretary in the State Ministry of Agriculture, Mrs Kehinde Jokotoye, who represented the Commissioner in the Ministry, Bolu Owotomo, stated that traditional farmers are critical in food production, hence the need to encourage and support them with inputs that would bring about desired results during harvesting.
Owotomo said: “Let us make good use of this opportunity, so that the success of this phase will make farmers benefit more from the state and federal governments of Nigeria.”
Earlier, State Coordinator, Federal Ministry of Agriculture and Food Security, Dr. Oluwatoyin Ayo-Ajayi, appreciated the present administration for partnering with the federal government for the initiative, adding that the programme is designed to support farmers at the grassroots level in cassava, rice and maize with inputs such as, seeds, pesticides, herbicides and fertilizers, to boost their production and enhance their livelihood.
The Niger State Government has mapped out 10,000 hectares of farmland in Gbapo Community of Katcha Local Government Area of the State for smallholder farmers to benefit from the state government’s agricultural intervention programme.
Two thousand out of the 10,000 holders of the farmlands have already received inputs.
At a flag-off ceremony in Yinti Village, the facilitator of the programme, Shinkafan Nupe, Malam Idris Usman Makanta, assured the farmers of increased distributions to the mapped-out ten thousand (10,000) farmlands if farmers respond positively.
He explained that the commencement of the two thousand is to measure the positive response of farmers before obtaining full-scale support.
Malam Makanta stated that this initiative aligns with the farmers’ initial commitment through Niger Foods, whose mission is primarily geared towards establishing efficient and profitable agricultural businesses to support the present administration of Governor Mohammed Umaru Bago’s quest to boost agricultural productivity in the state.
He also commended Niger Foods for their steadfastness and resilience in the effective implementation of the input financing scheme.
Makanta reiterated the commitment of the State Governor in making judicious use of the arable land in the state.
Shinkafan Nupe, therefore, urged the farmers to support the Governor by using the inputs wisely so that the dream can be actualised.
The Gombe State Government has empowered a total of 573,429 farmers and entrepreneurs under the 4th phase of the GO-CARES programme.
The programme was officially flagged off by Governor Inuwa Yahaya in another major step towards alleviating poverty and supporting the state’s vulnerable populations.
The Governor, while inaugurating the disbursement in Akko Community of Akko Local Government Area, restated his administration’s commitment to the welfare of vulnerable citizens in the state.
He was represented by the Commissioner for Budget and Economic Planning, Salihu Baba Alkali, who is also the Chairman of the Steering Committee on GO- CARES implementation.
“The 4th phase of GO-CARES will directly and indirectly impact a total of 573,429 citizens across the state. Of these, 152,429 individuals will benefit directly through cash transfers, livelihood grants, agricultural inputs, and operational grants to small businesses”, he stated.
The Governor added that, “421,000 people will be indirect beneficiaries through infrastructural projects such as classroom blocks, healthcare facilities, WASH services, and rural infrastructure projects like culverts and drainages”.
Yahaya, reaffirmed his commitment to ensuring that the state’s most vulnerable citizens are not left behind in the state’s development.
According to him, “Earlier this year, on June 25, 2024, we flagged off the distribution of improved seedlings, fertilizers, and herbicides to less privileged farmers in Malam Sidi, Kwami Local Government Area, signaling the commencement of the 4th phase implementation of GO-CARES under Result Area 2”.
The Governor reiterated that these initiatives have had a significant impact on the livelihoods of beneficiaries and the overall agricultural sector.
He explained that, “Today’s ceremony marked the simultaneous launch of activities under all three GO-CARES Result Areas for the 4th phase. These areas include: State Cash Transfer Grants: 2,500 direct beneficiaries; Labour Intensive Public Works: 2,700 direct beneficiaries; Livelihood Grants: 10,000 direct beneficiaries; and Basic Services: 405,000 indirect beneficiaries”.