ADVERTISEMENT
  • Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Advertise Here
  • Login
National Insight News
Advertisement
  • News
  • Politics
  • Business
  • Entertainment
  • Sports
  • Health
  • Tourism
No Result
View All Result
  • News
  • Politics
  • Business
  • Entertainment
  • Sports
  • Health
  • Tourism
No Result
View All Result
National Insight
No Result
View All Result
Home Featured

Nigeria Records 12m Rice Farmers

by NationalInsight
November 21, 2018
in Featured, News
Reading Time: 2min read
0
Rice Farm

Rice Farm

31
SHARES
382
VIEWS
Share on FacebookShare on TwitterShare on WhatsApp

No fewer than 12 million Nigerians have gone into rice production, significantly reducing the rate of unemployment in two years.

“The impact of our interventions in rice sector has resulted into job creation, increase in wealth, while reducing migration from rural to urban areas.

“As of July this year, the number of farmers has increased by 12 million,’’ President Muhammadu Buhari said at the 4th Nigeria Rice Investment Forum, on “Effective Linkage of Actor and Effort in the Value Chain for Sustained Self-Sufficiency in Rice Production’’, on Wednesday in Abuja.

The president, who was represented by the Minister of Agriculture and Rural Development, Chief Audu Ogbeh, said it was important to encourage more people into farming in order to attain self-sufficiency in rice production.

You might also like

FRSC Osun Commissions Command Mosque to Enhance Officers’ Spiritual Well-Being

Pat Akpabio: The Noise and the Facts: Separating Fiction from Truth

NAN Applauds Oyo Government for Transparent Resolution of Land Disputes

Load More

“The Rice Farmers Association (RIFAN) has five million members. The number of people working in the rice mills, small or big is over 1.7 million.

“These include harvesters, loaders, off loaders, transporters, distributors and markets.

“Unemployment is one of our biggest challenges in the country.

“We want to make Nigeria self-sufficient in rice production and the fact that we are currently the largest producer of rice in Africa, followed by Mali is good news,” he said.

“We have cut down rice importation by 90 per cent in the last three years and our milled rice is available in every store and supermarket in the country,” he said.

ALSO READ  Olubadan cautions against violence during Egungun festival

Buhari also refuted a report credited to the U. S. Department of Agriculture (USDA) that alleged that Nigeria imported three million metric tonnes of rice in 2018.

He reiterated his administration’s commitment toward improving the agriculture sector and creating job opportunities for the unemployed persons in the country.

However, the Minister of Agriculture in his keynote address, said that plans were underway to privatise the Bank of Agriculture (BOA), adding that 40 per cent of the shares would go to farmers.

Ogbeh said that this would address the challenges faced by farmers through accessing loan.

According to him, the country has ordered for 10 more mills in a bid to boosting rice production.

Mrs Nike Akande, the Chairman, New Partnership for Africa’s Development (NEPAD) Business Group Nigeria, said that the cashless ‘Anchor Borrower’s Programme’, which was supported by the government, had also boosted rice production.

“Rice production has been boosted to the extent that we have realised our target-goal of producing more than eight million metric tonnes by the last dry season.

“We had expected to produce about 15 million metric tonnes in the just concluded raining season, but unfortunately, floods ravaged about 70 per cent of our farmers’ farms, under the Anchor Borrower’s Programme.

“Despite the floods, we are expecting about eight million metric tonnes. Nigeria can be said to be comfortable with this figure, hence the current stable prices of rice in the markets; despite the floods,” she said.

Akande, however, appealed to the Federal Government for fresh loan to be disbursed to those who were affected by the floods to enable them return to farm for dry season farming.

ALSO READ  Late Olubadan of Ibadanland, Oba Olakunlehin, to Be Laid to Rest August 8

“There is no doubt that the 2018 floods had done a lot of damage to this year’s rice production. This has negatively affected 365, 000 of our farmers, who are beneficiaries of the CNB Anchor Borrower’s Programme.

“We appeal for fresh loan to be given to them so that they can recoup their losses and pay the loan,” she said

The event was organised by NEPAD and under the theme: “Consolidating Gains in the Rice Sector in Nigeria (Production and Processing)’’, brought together stakeholders in the rice value chain to brainstorm. (NAN)

author avatar
NationalInsight
See Full Bio
Tags: Rice Farm
Share12Tweet8Send
Previous Post

Two House of Reps Members Dump APC

Next Post

Aregbesola to Receive WNGC Trophy

NationalInsight

NationalInsight

Related Posts

#image_title
Featured

FRSC Osun Commissions Command Mosque to Enhance Officers’ Spiritual Well-Being

by NationalInsight
October 31, 2025
109
President of the Senate, Godswill Akpabio
Featured

Pat Akpabio: The Noise and the Facts: Separating Fiction from Truth

by NationalInsight
October 31, 2025
327
#image_title
Featured

NAN Applauds Oyo Government for Transparent Resolution of Land Disputes

by NationalInsight
October 31, 2025
227
#image_title
Featured

ACPN Calls for Sanctions Over Alleged Illegal Drug Distribution in Federal Hospitals

by NationalInsight
October 31, 2025
222
#image_title
Featured

Ologburo Congratulates Ambassador Arapaja on Nomination as PDP National Secretary

by NationalInsight
October 31, 2025
229
Next Post

Aregbesola to Receive WNGC Trophy

Leave a Reply Cancel reply

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

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest Post

#image_title

FRSC Osun Commissions Command Mosque to Enhance Officers’ Spiritual Well-Being

October 31, 2025
109
President of the Senate, Godswill Akpabio

Pat Akpabio: The Noise and the Facts: Separating Fiction from Truth

October 31, 2025
327
#image_title

NAN Applauds Oyo Government for Transparent Resolution of Land Disputes

October 31, 2025
227
  • Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Advertise Here

Recent Posts

  • FRSC Osun Commissions Command Mosque to Enhance Officers’ Spiritual Well-Being
  • Pat Akpabio: The Noise and the Facts: Separating Fiction from Truth
  • NAN Applauds Oyo Government for Transparent Resolution of Land Disputes

Copyright © 2020 National Insight News

No Result
View All Result
  • Politics
  • Entertainment
  • News
    • Business
    • Health
    • Tourism
  • Sports
  • Contact Us
  • Privacy Policy

Copyright © 2020 National Insight News

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
WP Twitter Auto Publish Powered By : XYZScripts.com