FG to adopt new agric policy –Ogbeh

The Federal Government is soon to adopt a new policy to foster growth in the country’s agricultural production.

The move is aimed at creating domestic food security, jobs, conserve foreign exchange, as well as diversify the country’s economy through the stimulation of agricultural exports, according to the Minister of Agriculture and Rural Development, Chief Audu Ogbeh.

Ogbeh, who was represented by the Managing Director of Bank of Agriculture, Professor Danbala Danju, made the assertion on Friday at a two-day summit in Kano organised by Daily Trust/Nigerian Promotion Investment Commission, North West Zone.



He said the current administration is poised to make a decisive impact in a few years time in order to diversify the economy, through breaking into dynamic export market as well as developing an enabling environment, sustained capacity building, market intelligence, coordination and specific competitive strategies for different areas and products with clear metrics, rewards and sanctions regime.

Similarly, the Minister, explained that productivity growth in Nigeria’s agriculture has been hampered by inefficient infrastructure, input and farming systems, due to aging farmers, lack of quality seeds, fertilisers, irrigation, crop protection and related support to make them successful due to the overdependence on oil as the major source of revenue for the country.
SOURCE:Ted Odogwu