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

Increasing the agricultural budgets – The Sun

The Citizen by The Citizen
October 28 2020
in Public Affairs
A A
0
How to break the ice of protein deficiency in Nigerian diets – Dr. Omadeli Boyo, public health expert

The Nigerian Institute of Food Science and Technology (NIFST) has urged the federal and state governments to increase the budgetary allocations to the agricultural sector to about 25 per cent of the total budgets in line with the recommendation of the Food and Agricultural Organisation (FAO). Nigeria’s budgetary allocation to agriculture is low, estimated at less than two per cent of the annual budget.

The food scientists, who made the plea after their recent annual general meeting in Lagos, also called for a paradigm shift from traditional to commercial agriculture. They also enjoined the government and other stakeholders to embark on more enlightenment and sensitisation on the quality and safety of street vended foods. The food scientists want more collaboration and networking among key stakeholders, including industries, ministry of agriculture, higher education institutions and research institutes in traditional food development and improvement.

The call by the NIFST is timely, coming on the heels of increasing demands for diversification of the country’s revenue base and growing of enough food to cater for the teeming population. A recent report by the National Bureau of Statistics (NBS) indicated that about 82.9million or 40 per cent of Nigeria’s estimated 200 million Nigerians are living in extreme poverty. Good enough, President Muhammadu Buhari has promised to lift about 100 million Nigerians out of poverty in the next 10 years. We believe that increasing the budgetary allocation to the agricultural sector will go a long way in lifting these Nigerians out of poverty.

Agriculture remains the base of the national economy. It provides the main source of livelihood for most citizens, employing about two-thirds of Nigeria’s labour force. The sector equally offers options for national development, given its vast potentials to drive a more sustainable economic growth in terms of job creation and revenue diversification.

It is good that government has realised the importance of the agricultural sector to national development and expanding the economic base. In the last five years, it has made commendable efforts to develop the sector with initiatives like the Anchor Borrowers Programme (ABP), extension of credit facilities and other incentives to farmers. It has also come up with policies that include the ban on the importation of some agricultural commodities and the shutting down of land borders to protect local industries.

These efforts by the government notwithstanding, the sector faces many challenges.  Among the problems is outdated land tenure system that constrains access to land. There are also infrastructural drawbacks in areas of low level of irrigation development, limited research and slow adoption of findings. The use of obsolete technologies, high cost of farm inputs, poor access to credit, inefficient fertilizer procurement and distribution, inadequate storage facilities and poor access to markets contribute to low productivity in the sector. They also account for high post-harvest losses and wastages. The result is that food production increases have not kept pace with population growth, resulting in rising food imports and declining levels of national food self-sufficiency.

Therefore, the advice by NIFST is germane in repositioning the sector. Nigeria’s investment in agriculture has been low with an average annual 1.4 per cent budgetary allocation to the sector in the last six years. In 2019, the government reduced its budgetary allocation to the sector by 47 per cent from the N203billion provision of 2018 to N107 billion, despite its claim of working towards attaining food security. The figure was further reduced to N83 billion in the 2020 budget. This is not good for a country that intends to make significant impact in agriculture.

Aside the increase in the budgetary allocation, other measures needed to boost the sector should be put in place. There is need to mechanise the sector as against the present rudimentary agricultural practices.  Let government provide more irrigation facilities and improve extension services, insurance, research and development, among others. State governments should also encourage agriculture by developing the rural areas to enhance the participation of the youths in the sector. Nigeria is blessed with enough arable land for food and cash crops. This is the time for more involvement in agribusiness.

Relevant agencies of the state and ministries concerned should encourage the sector by providing necessary incentives to farmers. This will entail making available such incentives as fertilizers and other implements. Banks and micro-finance institutions are also expected to make interventions by advancing credit facilities to the farmers and others in the agribusiness at lower interest rates.

More importantly is the need for adequate security for the farmers and others in the sector. There have been cases of attacks on farmers by herders and other criminal elements in the country. We call on the security agencies to ensure adequate protection of the farmers. Agriculture should be given priority, considering its importance in national development.

Previous Post

Africa–Brazil relations: Standard Bank gathers entrepreneurs, corporates, govts to discuss investment opportunities 

Next Post

As hope rises on COVID-19 vaccines – Vanguard

Related Posts

Tele-robotic surgery: Nigeria needs more medical feats – Punch
Public Affairs

Tele-robotic surgery: Nigeria needs more medical feats – Punch

September 25 2026
2027: Voter registration figures must mirror turnout – Punch
Public Affairs

2027: Voter registration figures must mirror turnout – Punch

September 17 2026
EFCC recoveries: The good, the bad and the ugly – Punch
Public Affairs

EFCC recoveries: The good, the bad and the ugly – Punch

September 11 2026
Football’s house of failure – Punch
Public Affairs

Football’s house of failure – Punch

September 8 2026
FAAC shares N2.09tr to FG, states, local councils as October revenue
Public Affairs

FAAC bonanza: Nigeria’s fiscal paradox – Punch

September 3 2026
Interstate highways of agony, hollow excuses – Punch
Public Affairs

Interstate highways of agony, hollow excuses – Punch

September 1 2026
Next Post
Russian firm confirms zero side effects from China COVID-19 vaccine

As hope rises on COVID-19 vaccines - Vanguard

#EndSARS: No government will ever ignore Nigerians again

#EndSARS protests and unemployment, poverty bomb - Punch

Leave a Reply Cancel reply

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

FROM THE GRASSROOTS

Minister defends King’s College concession, cites infrastructure decay

Minister defends King’s College concession, cites infrastructure decay

by The Editor
September 16 2026
0

...

Lagos demolishes shanties after four die in community clash

Lagos demolishes shanties after four die in community clash

by The Editor
August 30 2026
0

...

Kano, Sokoto, others spend N53.2bn on scholarships abroad

INEC fixes Sept 19 for Kano Assembly by-election

by The Editor
August 27 2026
0

...

Awujale: Ruling House sues Ogun, kingmakers

Awujale: Ruling House sues Ogun, kingmakers

by The Editor
August 25 2026
0

...

APPOINTMENTS

Enugu governor names Nollywood’s Eucharia Anunobi, Rachael Okonkwo aides

Enugu governor names Nollywood’s Eucharia Anunobi, Rachael Okonkwo aides

by The Editor
September 23 2026
0

...

Gov. Yahaya swears in 19 new Gombe permanent secretaries

Gov. Yahaya swears in 19 new Gombe permanent secretaries

by The Editor
September 11 2026
0

...

Niger State governor appoints six commissioners-designate, four aides

Niger State governor appoints six commissioners-designate, four aides

by The Editor
September 8 2026
0

...

Tinubu swears in Enitan as new Head of Service

Tinubu swears in Enitan as new Head of Service

by The Editor
August 28 2026
0

...

ODDITIES

Residents find lifeless body in Akwa Ibom gutter, police begin probe

New co-tenant absconds with neighbour’s children in Akwa Ibom

by The Editor
September 17 2026
0

Palliatives: Sokoto residents feared dead in stampede at Wammako’s residence

Police Inspector slumps, dies after fitness exercise

by The Editor
September 3 2026
0

How friend deceived me to sell my kidney, bought phones with payment — Victim

How friend deceived me to sell my kidney, bought phones with payment — Victim

by The Editor
August 30 2026
0

GLOBAL NEWS

Gambia orders banks to replace foreign workers with locals

Gambia orders banks to replace foreign workers with locals

by The Editor
September 25 2026
0

...

Trump signs security deal with Greenland, Denmark at UN

Trump signs security deal with Greenland, Denmark at UN

by The Editor
September 23 2026
0

...

Trump bars CNN, MS NOW, Politico from White House

Trump bars CNN, MS NOW, Politico from White House

by The Editor
September 18 2026
0

...

2027 Hajj: Saudi Arabia rejects Nigeria’s request for additional slots

2027 Hajj: Saudi Arabia rejects Nigeria’s request for additional slots

by The Editor
September 17 2026
0

...

Canada flags Nigeria, 16 African countries as high-risk in new travel advisory

Canada raises study permit, visitor visa processing times for Nigerians

by The Editor
September 17 2026
0

...

State of the States

Enugu Air opens international route to Cameroon, begins Enugu-Douala service

Enugu Air opens international route to Cameroon, begins Enugu-Douala service

by The Editor
September 25 2026
0

...

I won’t be a godfather; Abia voters will pick my successor, says Gov. Otti

I won’t be a godfather; Abia voters will pick my successor, says Gov. Otti

by The Editor
September 17 2026
0

...

Fubara orders fresh LG elections in Rivers State

Fubara signs N1.84tt Rivers 2026 budget into law

by The Editor
September 3 2026
0

...

Lagos empowers 6,190 residents with free vocational, entrepreneurial skills

Lagos empowers 6,190 residents with free vocational, entrepreneurial skills

by The Editor
September 2 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Candidate Sowore: Revolution, Marijuana and other stories

Candidate Sowore: Revolution, Marijuana and other stories

September 25 2026
Nigeria, U.S. sign framework for $700 billion mineral investment

Nigeria, U.S. sign framework for $700 billion mineral investment

September 25 2026
Court nullifies Pantami as Gombe PDP guber candidate

Court nullifies Pantami as Gombe PDP guber candidate

September 25 2026
Process of rigging 2027 polls has started — Prof Jinadu reveals

2027: Elections must be decided at polls, not courts — Onaiyekan, Osigwe

September 25 2026

EDITORIAL REVIEW

Tele-robotic surgery: Nigeria needs more medical feats – Punch

Tele-robotic surgery: Nigeria needs more medical feats – Punch

by The Editor
September 25 2026
0

2027: Voter registration figures must mirror turnout – Punch

2027: Voter registration figures must mirror turnout – Punch

by The Editor
September 17 2026
0

EFCC recoveries: The good, the bad and the ugly – Punch

EFCC recoveries: The good, the bad and the ugly – Punch

by The Editor
September 11 2026
0

Football’s house of failure – Punch

Football’s house of failure – Punch

by The Editor
September 8 2026
0

FAAC shares N2.09tr to FG, states, local councils as October revenue

FAAC bonanza: Nigeria’s fiscal paradox – Punch

by The Editor
September 3 2026
0

Opinion

Candidate Sowore: Revolution, Marijuana and other stories

Candidate Sowore: Revolution, Marijuana and other stories

by The Editor
September 25 2026
0

...

 Akpakomiza and other stories

by The Editor
September 1 2026
0

...

‘Fake’ Agency: Adeyemi insists DG appointment genuine

Fake agencies: Why Nigeria still needs Oronsaye report

by The Editor
August 25 2026
0

...

How Adeleke danced back from the dead

How Adeleke danced back from the dead

by The Editor
August 19 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.