In a bid to stabilize the nation and ensure food security for all Nigerians, President Bola Tinubu has unveiled a comprehensive intervention plan.
The plan, which was announced by President Tinubu following the declaration of a state of emergency on food security, outlines a number of key measures that will be taken to improve food security, affordability, and sustainability.
The plan includes measures to:
- Immediately release fertilizers and grains to farmers and households.
- Promote irrigation and all-year round farming through synergy between the Ministry of Agriculture and the Ministry of Water Resources.
- Create a National Commodity Board to assess prices and maintain a strategic food reserve.
- Increase security for farms and farmers.
- Enhance the Central Bank’s role in funding the agricultural value chain.
- Activate 500,000 hectares of land for farming and river basins for continuous farming.
- Deploy concessionary capital/funding to the agricultural sector.
- Improve transportation and storage facilities for agricultural products.
- Increase revenue from food and agricultural exports.
- Improve facilitation of trade by working with Nigerian Customs.
- Create massive employment and job opportunities in the agricultural sector.
- Commit to ensuring every Nigerian has access to affordable food.
President Tinubu has assured all Nigerians that no one will be left behind in these strategic interventions.
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Key Points:
- The plan includes measures to release fertilizers and grains to farmers, improve irrigation and all-year round farming, create a National Commodity Board, increase security for farms and farmers, enhance the Central Bank’s role in funding the agricultural value chain, improve transportation and storage facilities for agricultural products, and increase revenue from food and agricultural exports.
- President Tinubu has assured all Nigerians that no one will be left behind in these strategic interventions.
