Connect with us

Economy

AUDU OGBEH: Nigeria produces 90% of locally consumed rice

Published

on

…As NPA Boss, Hadiza explores easing Apapa gridlock via Lily Pond option***

The Minister of Agriculture and Rural Development, Chief Audu Ogbeh on Tuesday stated that Nigeria is now producing 90 per cent of the rice it consumes locally.

The Minister highlighted this, (even though facts on ground may not support it) at the 2019 Annual Research Review and Planning meeting, held at the newly commissioned Balarabe Tanimu Conference Hall of the Institute for Agricultural Research (IAR), Zaria, Kaduna State.

The theme of the meeting was: “Harnessing the Potential of Agricultural Export in Nigeria: The Role of Key Stakeholders”.

 “One very good example that we see today is the locally home grown Nigerian rice, hitherto, Nigeria has been a major and largest importer of rice from Thailand and this implies largest importer in the world”, Ogbeh, who was represented by Dr Karima Babangida, the Director, Extension Services of the ministry stated, noting that the support of the present administration had triggered a visible shift “to eating what we grow rather than eating imported food’’.

“But today, we have been able to achieve a paradigm shift in the right direction and we are now producing 90 per cent of the rice we eat in the country, I think we should appreciate our farmers here.

“Nigeria does not only have the capacity to feed itself, it also becomes a major actor in agricultural exports to other African countries, Europe and American countries, including the Far East, especially China,” he said.

According to him, the same thing is happening in other sectors of the agric economy, with collective efforts of stakeholders, Nigeria will have a favourable balance of trade in food items.

Ogbeh stressed the need for all stakeholders, researchers, extension service providers, farmers groups, policy makers, development partners, input suppliers, agro-based NGOs among others must all synergise to continue to harness the enormous potential in the country.

He minister called for improved crop varieties, both arable and tree crops, livestock and fisheries, adding that it was the only way to improve comparative and competitive advantages and become self-sufficient in food and agricultural production.

“The National Agricultural Extension System also needs to strongly adopt best piracies in the cultivation of the various commodities to ensure high quality farm outputs that in turn determines the quality of the final product.

“The extension system has a critical role to play in ensuring famers’ adherence to processes that assure quality and traceable  of farm produce,” he said.

Earlier, the Chairman of the occasion, who is also the Vice-Chancellor, Ahmadu Bello University (ABU), Zaria, Prof. Ibrahim Garba observed that the future of Nigerian economy depended on agriculture.

Garba, who was represented by the Deputy Vice-Chancellor Academics, Prof. Ezra Bako-Amans said that the Nigerian agricultural export potential were enormous.

“Nigeria has all it takes to lead the African trains-border trades in food and fibre. It can cut its global share too in a number of crops it has comparative advantages in their production.

“The world’s cotton economy for instance, is about 1 trillion dollars. Needless to say is that cotton used to be one of the most important fibre crops in Nigeria, but down the line, we lost relevance on this crop.

“With the current renewed focus on agriculture, this glory can be reclaimed and Nigeria can have her fair share in the global cotton industry,” he said.

The V-C requested on behalf of the IAR and other research related units of the university the Federal Government to return the mandate of the institute to contribute toward the improvement of some horticultural crops to which the institute had relative advantage to handle.

He also appealed to the ministry to consider adopting measures that would make industries fund and support developmental research. 

Meanwhile, unfolding indications have shown that a recent reclassification of the Lily Pond Terminal, Ijora Lagos by the  Nigerian Ports Authority (NPA), after cancelling an initial agreement with the APM, may be enable the Authority convert the Ijora Terminal into a trailer park.

Sources indicated that the Authority decided to explore the option, having tried and failed at easing off the Apapa gridlock via other means, which included evacuation by barges, massive introduction of Federal Road Safety Corps and other tasks forces; as well as hastening the Construction company to rush the job.

“They are presently at their wits end”, an industry watcher opined, praising the Managing Director, Hadiza Bala Usman for remaining undaunted. 

In the meantime,  the NPA General Manager, Public Affairs, Adams Jatto, at the weekend confirmed that management would use the Lily Pond to ease off the traffic gridlock n Apapa. 

“Lilypond Container Terminal was erroneously concessioned and initiated because the said terminal does not have a water front for loading and offloading of cargo. Consequently, after the expiration of the lease, the terminal has been reclassified and granted a five-year development lease”, Jatto said, adding that the Authority was planning to anchor an orderly electronic call up system there; and would monitor the trucks for full compliance of all requirements from the terminal before they are allowed to enter the ports for loading.

While industry watchers may not know how much the  Authority is likely to charge the truck operators for the use of the Lily Pond when it becomes operational, it is however on record that Lily Pond in 2017 and 2018 generated N565,142,063.36 and N560,734,047 respectively, from leasing.

Economy

Naira Gains N61.38 Against Dollar At Official Market

Published

on

Naira Gains N61.38 Against Dollar At Official Market

The Naira on Wednesday appreciated at the official market, trading at N1,459.02 to the dollar.

Data from the official trading platform of the FMDQ Exchange revealed that the Naira gained N61.38.

This represents a 4.04 per cent gain when compared to the previous trading date on Tuesday, when the local currency exchanged at N1,520.40 to a dollar.

Also, the total daily turnover increased to 289.14 million dollars on Wednesday up from 128.76 million dollars recorded on Tuesday.

Meanwhile, at the Investor’s and Exporter’s (I&E) window, the Naira traded between N1,593 and N1,401 against the dollar. 

Continue Reading

Economy

Court Dissolves Marriage With 3 Children Over Wife’s Stubbornness

Published

on

Court Dissolves Marriage With 3 Children Over Wife’s Stubbornness

…Orders 3 months iddah period before wife could remarry

An Area Court, sitting at Centre-Igboro, Ilorin, has dissolved an Islamic marriage between Omotosho Hakeem and Salamat Abdulrasak on mutual agreement.

The Presiding Judge, Ahmed Abdul Kadir, dissolved the marriage and ordered that the wife should observe a three-month iddah period before she could remarry.

The petitioner had earlier told the court that he was no longer interested in the marriage, saying that she usually refused to apologise for any wrongdoing.

He, therefore, sought a divorce, praying the court to compel his estranged wife to pack her belongings, along with their three children out of the house.

The respondent agreed to the divorce suit but wanted the husband to provide a place where she would observe her three-month iddah period with her children.

She also wanted the petitioner to be responsible for her feeding during the period and pay N15,000 monthly for the children’s upkeep.

The case was consequently adjourned till May 16 for report of settlement and custody of the children. 

Continue Reading

Economy

Naira Depreciates Wednesday, Sells N1,421.06 Against Dollar

Published

on

Naira Gains N61.38 Against Dollar At Official Market

Government efforts at strengthening the Naira has again suffered a setback as the Naira slightly depreciated at the official market on Wednesday, trading at N1,421.06 to the dollar.

Data from the official trading platform of the FMDQ Exchange, which oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), showed that the Naira lost N4.49.

This represents a 0.31 per cent loss when compared to the previous trading date on Tuesday when it exchanged at N1,416.57 to a dollar.

However, the daily turnover increased to N164.74 on Wednesday, up from 160.77 million dollars recorded on Tuesday.

Meanwhile, at the Investor’s and Exporter’s (I&E) window, the Naira traded between N1,440 and N1,335 against the dollar. 

Continue Reading

Advertisement

Editor’s Pick

Politics