TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

CBN, varsities and poultry – Tribune

The Citizen by The Citizen
July 15 2019
in Public Affairs
A A
0
FG records N100.33bn deficit in Q3 – CBN

The University-based Poultry Revival Programme announced recently by the governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, is the latest in a long line of ill-conceived interventions that have become the hallmark of the policy-making milieu in Nigeria. At an interactive session with vice chancellors of Nigerian universities, Mr. Emefiele, represented by the CBN’s Deputy Governor, Monetary Policy, Dr. Okwu Joseph Nnanna, disclosed that the apex bank had set aside an unspecified amount of money to be disbursed to select universities for the ultimate purpose of boosting poultry production in the country.

As is often the case with interventions of this nature in Nigeria, the CBN governor cannot be accused of lacking good intentions. For instance, his diagnosis of the existing situation in the poultry sector is unimpeachable: the sector is beleaguered by “high production costs, safety concerns due to lack of sanitary controls, technical constraints in processing and marketing, unreliable access to inputs, including chicks and feed, as well as high costs of veterinary services.” As well, Mr. Emefiele is right about the specific challenge to the poultry sector constituted by the activities of smugglers who bring into the country an estimated 1.2 million metric tonnes of poultry meat through the border with Benin Republic.

While the CBN governor’s diagnosis is accurate, some would say compelling, the proposed solution boggles the mind and provokes more questions than answers. If, according to Mr. Emefiele, the CBN’s “main intermediate objective is to ensure that poultry production is increased as well as end the smuggling of poultry products into Nigeria,” it is not clear how the allocation of money to a handful of universities helps in achieving it. In the first instance, smuggling is a law enforcement problem that is far from unique to the poultry sector. Will the participating universities be required to devote some of the money allocated to them to research on smuggling?

In the second instance, the entire initiative seems to rest on a misapprehension of the raison d’etre of universities as centres of knowledge production. In the best scenario, a university can have a poultry for the purpose of demonstration. That is all. What the university cannot be is a full-time business that produces poultry on an industrial scale for supply to the rest of the society. The primary mission of a university is research, and that some of them now produce “pure water” as a token of “financial autonomy” is a fact to be lamented.

If Mr. Emefiele misunderstands the mission of the university, albeit with the active connivance of vice chancellors who went panhandling, he misunderstands that of the CBN even more. Having disbursed money to participating universities, Mr. Emefiele hopes that “the CBN will undertake regular on- and off-site checks to ascertain the veracity of reports” submitted by them. In other words, the CBN will morph into a bureaucracy that goes about tracking the spending habits of Nigerian universities. You would think it should have its hands full attending to the health of the Nigerian economy.

If the CBN has free money that it cannot wait to relieve itself of, it should make straightforward donations tied to a research agenda to the universities. Nigerians look up to the CBN for rigour, clarity and forensic analysis. The University-based Poultry Revival Programme is none of these and is a poor advertisement for the apex bank.

Previous Post

Buhari calls Afenifere leader, Fasoranti, says killers of daughter will be apprehended

Next Post

Power grab – The Nation

Related Posts

Nigeria’s inflation rate hits 26.72% in Sept
Public Affairs

There’s no escaping inflation, yet – Punch

July 29 2026
Nigeria’s inflation rate rises to 21.09%
Public Affairs

Africa’s hunger burden – Punch

July 27 2026
Apapa gridlock must be resolved permanently – Punch
Public Affairs

Apapa gridlock must be resolved permanently – Punch

July 23 2026
Duty waivers must not become a fiscal hole – Punch
Public Affairs

Duty waivers must not become a fiscal hole – Punch

July 20 2026
State airports: White elephant epidemic – Punch
Public Affairs

State airports: White elephant epidemic – Punch

July 17 2026
Jega resonates loudly on Electoral Act underbelly – Punch
Public Affairs

Jega resonates loudly on Electoral Act underbelly – Punch

July 14 2026
Next Post
Court renews restraining order against CJN removal

Power grab – The Nation

Nigeria and the AFCFTA controversy – Thisday

Preparing to take AfCFTA by storm - Punch

Leave a Reply Cancel reply

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

FROM THE GRASSROOTS

NDDC trains traditional birth attendants to reduce maternal, newborn deaths

NDDC trains traditional birth attendants to reduce maternal, newborn deaths

by The Editor
July 29 2026
0

...

Cross River Igbo community alleges illegal taxation, seeks government intervention

Cross River Igbo community alleges illegal taxation, seeks government intervention

by The Editor
July 27 2026
0

...

Sokoto LG chairman quits APC, resigns from office

Sokoto LG chairman quits APC, resigns from office

by The Editor
July 8 2026
0

...

Bauchi Electoral Commission fixes August 17 for LG election

Bauchi Electoral Commission fixes August 17 for LG election

by The Editor
June 19 2026
0

...

APPOINTMENTS

Tinubu appoints new special adviser on House of Reps matters

Tinubu appoints new special adviser on House of Reps matters

by The Editor
July 27 2026
0

...

Tinubu appoints Fayose REA chairman, names 25 others

Tinubu appoints Fayose REA chairman, names 25 others

by The Editor
July 20 2026
0

...

Tony Elumelu to step down as UBA chair, bank names successor

Tony Elumelu to step down as UBA chair, bank names successor

by The Editor
July 6 2026
0

...

Sahara Group appoints Folake Soetan as Arahas MD to drive oilfield services transformation across Africa

Sahara Group appoints Folake Soetan as Arahas MD to drive oilfield services transformation across Africa

by The Editor
July 3 2026
0

...

ODDITIES

Nigerian woman in Canada demands husband swear oath against cheating before visa sponsorship

Nigerian woman in Canada demands husband swear oath against cheating before visa sponsorship

by The Editor
July 23 2026
0

75-year-old man bags 10 years jail for defiling minor

75-year-old man bags 10 years jail for defiling minor

by The Editor
July 16 2026
0

Court remands blogger over defamation of Soludo, son

Court remands blogger over defamation of Soludo, son

by The Editor
July 13 2026
0

GLOBAL NEWS

Nigerian visa applicants must provide five-year social media history, says US embassy

US to discontinue visa services in Abuja, 24 other African cities

by The Editor
July 29 2026
0

...

US orders embassy staff to leave Nigeria over insecurity

US warns Nigerians with dual citizenship against travelling on foreign passport

by The Editor
July 26 2026
0

...

Republican senators mount drive to oppose Biden certification

Insecurity: Instead of addressing persecution, Nigeria launched PR campaign – Ted Cruz

by The Editor
July 23 2026
0

...

Xenophobia: Nigerian students funded your freedom – Shettima reminds South Africa

Xenophobia: Nigerian students funded your freedom – Shettima reminds South Africa

by The Editor
July 21 2026
0

...

US Congress okays bill to cut foreign aid to Nigeria

US Congress okays bill to cut foreign aid to Nigeria

by The Editor
July 17 2026
0

...

State of the States

Lagos to introduce special vehicle number plates for PWDs

Lagos to introduce special vehicle number plates for PWDs

by The Editor
July 29 2026
0

...

Enugu governor approves recruitment of 6,580 teachers, school staff

Enugu governor approves recruitment of 6,580 teachers, school staff

by The Editor
July 29 2026
0

...

Anambra sanctions seven schools over graduation parties

Anambra sanctions seven schools over graduation parties

by The Editor
July 27 2026
0

...

Abia takes delivery of 20 more electric buses, to expand route network

Abia takes delivery of 20 more electric buses, to expand route network

by The Editor
July 27 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
PFIPC: Police arrest Adeyemi’s father amid ongoing forgery probe

Police fail to produce phantom agency DG before Reps, seek court orderwarrant

July 29 2026
Of bandits and their informants/sponsors

Sokoto: Terrorists gun down worshippers inside mosque, abduct residents

July 29 2026
Gov. Otti approves payment of Ngozi Nwosu’s medical bills

Gov. Otti approves payment of Ngozi Nwosu’s medical bills

July 29 2026
Killings: Army orders GOC to relocate to Kwara

COAS appoints GOCs for new Army divisions

July 29 2026

EDITORIAL REVIEW

Nigeria’s inflation rate hits 26.72% in Sept

There’s no escaping inflation, yet – Punch

by The Editor
July 29 2026
0

Nigeria’s inflation rate rises to 21.09%

Africa’s hunger burden – Punch

by The Editor
July 27 2026
0

Apapa gridlock must be resolved permanently – Punch

Apapa gridlock must be resolved permanently – Punch

by The Editor
July 23 2026
0

Duty waivers must not become a fiscal hole – Punch

Duty waivers must not become a fiscal hole – Punch

by The Editor
July 20 2026
0

State airports: White elephant epidemic – Punch

State airports: White elephant epidemic – Punch

by The Editor
July 17 2026
0

Opinion

Remi Tinubu under fire over akara, roasted corn remarks

Beyond ‘akara’ leadership

by The Editor
July 6 2026
0

...

Trump’s U-turn on Iran war ends Israel’s Middle East dream

Trump’s U-turn on Iran war ends Israel’s Middle East dream

by The Editor
June 17 2026
0

...

Terrorists kidnap Army Major General, wife in Katsina

Slain General: When the protectors need protection

by The Editor
June 17 2026
0

...

Bandits attack mosque, kill 1, abduct 9 in Kaduna

When terrorism becomes the talk of town

by The Editor
June 9 2026
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.