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FG rolls out new plans to tackle food shortage

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The Federal Government has unveiled new agricultural reforms aimed at ending hunger, boosting food production, and reducing post-harvest losses estimated at over $10bn annually, in line with President Bola Tinubu’s Renewed Hope Agenda for food security and national prosperity.

The Minister of Agriculture and Food Security, Senator Abubakar Kyari, and the Minister of State, Senator Sabi Abdullahi, announced this through a signed statement on Thursday.

Kyari said agriculture remained the backbone of Nigeria’s economy and the key to national renewal. “Agriculture remains the single largest employer of labour in Nigeria and contributes more than one-quarter of our Gross Domestic Product. Yet beyond these figures lies a deeper truth: agriculture is the measure of our nation’s resilience and the foundation of our collective renewal,” he said.

He explained that the government’s ongoing reforms were designed to “end hunger, ensure food sufficiency and drastically reduce post-harvest losses draining the nation’s agricultural value chain.”

“Together, these tiers will form a connected post-harvest system aimed at cutting losses valued at over $10bn annually, while improving food quality, farmer incomes, and price stability nationwide,” Kyari added.

The minister further stated, “As we deepen mechanisation, expand irrigation, and strengthen our storage systems, we are laying the foundation to end hunger and make food abundance a reality for every Nigerian household.”

He reaffirmed President Tinubu’s directive to modernise Nigeria’s agricultural production. “Mr President’s charge remains clear: ‘Our farmers must transition from hoes and cutlasses to tractors and harvesters. Food sufficiency is the first currency of national stability,” he said.

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Kyari disclosed that the government was already implementing key policies and programmes to support this transition, including the National Agricultural Growth Scheme–Agro-Pocket, the Renewed Hope Agricultural Mechanisation Programme, and the Nigeria Postharvest Systems Transformation Programme.

“Just last month, in October, a new milestone was achieved with the introduction of rainfed wheat cultivation in Kuru, Plateau State, an innovation by the Lake Chad Research Institute that extends wheat farming beyond irrigated zones,” Kyari said.

“With rainfed varieties now proven viable across the highlands of Plateau, Taraba, and Cross River states, Nigeria is charting a new course toward all-year farming and self-sufficiency in wheat production.”

On post-harvest management, the minister described the NiPHaST programme as a legacy project designed to reduce food losses, improve quality, and stabilise prices.

“NiPHaST is designed to strengthen post-harvest handling and storage systems from the community level upwards, creating an integrated network that connects farmers, cooperatives, and strategic reserves across the country,” he said.

He also announced that operations at the National Strategic Grain Reserve Silos in Zamfara, Katsina, Nasarawa, Adamawa, Niger, Osun, Edo, and Kwara states were being enhanced to support emergency interventions and price stabilisation.

On financing reforms, Kyari said President Tinubu had approved the recapitalisation of the Bank of Agriculture with N1.5tn, alongside a N250bn financing window for smallholder farmers.

“The Bank of Agriculture, in partnership with Heifer Nigeria, has launched the Renewed Hope National Agricultural Mechanisation Programme, a transformative tractor financing and management initiative designed to expand affordable access to mechanisation services nationwide,” he said.

“Through this programme, mechanisation will become a national service that modernises production, raises yields, and creates sustainable rural employment,” Kyari stated.

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He confirmed that the National Agricultural Development Fund was now fully operational as a vehicle to expand agribusiness financing, complementing the role of the Bank of Agriculture.

Kyari added that the administration was investing in rural infrastructure such as feeder roads, mini-dams, solar-powered boreholes, and market access facilities to strengthen rural livelihoods.

Abdullahi, also speaking, said the government’s drive toward food self-sufficiency would be anchored on climate-smart and inclusive agricultural reforms.

“Today, we are all gathered here to propose actions that will strengthen our national solidarity in the fight to end hunger, malnutrition, and poverty, and to highlight the need for food security and nutritious diets, which is in line with President Bola Ahmed Tinubu’s Renewed Hope Agenda,” he said.

Abdullahi added that achieving food self-sufficiency would require optimising the production of major crops such as maize, wheat, sorghum, millet, soybean, cassava, yam, and cowpeas.

“For us to reach food self-sufficiency or improve our current food self-sufficiency levels, we need to attain all potential crop production levels for our major food security crops,” he said.

He noted that the Federal Government was prioritising climate-smart agriculture through “the development of new climate-resilient crops that are tolerant and adapted to biotic and abiotic stresses” and “the development of integrated soil-crop system management and integrated disease and pest management with existing crop varieties.”

Abdullahi also listed other key initiatives, including the Dry Season Initiative for 500,000 hectares of all-year farming, the Every Home a Garden Initiative by the First Lady, Senator Oluremi Tinubu, and the Nigerian Farmers’ Soil Health Scheme, which offers crop and location-specific fertiliser recommendations.

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“Our broader goals are targeted at reducing import dependence, strengthening market confidence, and reviving agribusiness to position Nigeria as a leading food supplier in West Africa,” he said.

Recall that the Federal Government has made several efforts to end hunger through targeted agricultural reforms by converting idle institutional lands into food production hubs and declaring a state of emergency on food security.

Mechanisation and irrigation projects are also being expanded nationwide to boost productivity.

For decades, agriculture has remained the backbone of the economy, employing millions and sustaining rural communities. Yet, persistent challenges such as low mechanisation, poor infrastructure, and post-harvest losses have prevented the country from realising its full potential.

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Kwara strengthens partnership to boost mechanised farming

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The Kwara State Government has strengthened its partnership with the All Farmers Association of Nigeria and other agricultural stakeholders to advance mechanised farming, environmental sustainability and women inclusion across the state.

The renewed commitment was reaffirmed during a courtesy visit by the leadership of the Kwara State chapter of AFAN to the Kwara State Agro-Climatic Resilience in Semi-Arid Landscapes in Ilorin.

This was contained in a statement issued on Tuesday by the Communication Officer of KWACReSAL, Okanlawon Taiwo, a copy of which was made available to The PUNCH in Ilorin.

Speaking during the meeting, the State Project Coordinator of KWACReSAL, Shamsideen Aregbe, assured farmers of the state government’s continued support toward improving food production, mechanised agriculture and climate resilience.

He said, “Tractorisation remains a critical component of modern agriculture. Access to farming equipment is essential for increasing productivity and addressing food security challenges across the state.”

He explained that the tractor support initiative introduced last year followed a World Bank-backed intervention and presidential directive aimed at supporting farmers with mechanised farming equipment.

Aregbe acknowledged concerns raised about operational challenges affecting some tractors, assuring stakeholders that efforts were ongoing to determine the condition and operational status of the equipment to enable effective utilisation by farmers.

“We must sustain engagement with farming communities, particularly in addressing challenges relating to flooding, agricultural logistics and food security,” he added.

The project coordinator also stressed the need for gender equality and inclusion in agricultural interventions across the state.

“The inclusion of women is not negotiable. We must continue to encourage and support women to actively participate in agricultural programmes and leadership processes,” he stated.

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Earlier, the Chairman of AFAN in Kwara State, Shuaib Ajibola, commended KWACReSAL for its interventions in the agricultural sector, reaffirming the association’s readiness to collaborate on programmes aimed at improving farmers’ welfare and environmental sustainability.

Ajibola disclosed that the association planned to commence an agricultural expo and stakeholder engagement programme across the state following its recent inauguration activities to reconnect with farmers and strengthen agricultural outreach.

“Previous editions of the interventions covered the 16 local government areas of the state and involved stakeholders from different agricultural sectors,” he said.

The AFAN chairman also raised concerns over land use disputes and other agrarian issues affecting farmlands, noting that the development had created anxiety among some farming communities regarding land ownership and rights.

“There is a need for sustained stakeholder dialogue and engagement to resolve disputes and ensure peaceful farming activities across communities,” Ajibola added.

Also speaking, the Project Coordinator of AFAM, AbdulRahman Babatunde, applauded KWACReSAL for its support to farmers, especially in the area of agricultural inputs and mechanised farming.

“ACReSAL provided 100 per cent agricultural inputs to participating farmers last year, and beneficiaries across communities can testify to the positive impact of the intervention,” Babatunde said.

He disclosed that farming activities for the current planting season had already commenced, with farmers actively registering, hiring tractors and preparing their farmlands.

In her remarks, the AFAM Women Leader, Sherifat Ibrahim, advocated increased empowerment and technical training for women in rural communities to enable them to actively participate in mechanised farming.

“There is a need for gender-friendly operational systems and practical training that will make tractor handling easier and more accessible for women and young learners involved in agricultural programmes,” she said.

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Meanwhile, the Environmental Safeguards Officer of KWACReSAL, Mr Abubakar Mohammed, reaffirmed the project’s commitment to gender equality, women’s inclusion and effective grievance management across all project activities.

The renewed collaboration comes amid growing efforts by the Kwara state government to improve food production and strengthen climate-smart agriculture through partnerships with farmer associations, development agencies and international organisations.

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See Full List of Top 10 World’s Largest Economies in 2026

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The United States is projected to remain the world’s largest economy in 2026 with a gross domestic product estimated at $32.1 trillion, according to new global economic forecasts obtained from Focus Economics on Wednesday.

The U.S. continues to lead global output through dominance in technology, finance, healthcare, and advanced manufacturing. Growth in artificial intelligence, healthcare innovation, and high-value industries has further widened its lead over other major economies in recent years.

The top 10 world economies ranked in numbers

1. United States — $32.1 trillion
The United States remains the world’s largest economy, accounting for over a quarter of global output in nominal terms. Its economy is highly diversified, with Silicon Valley driving global leadership in AI, biotech, and software, while Wall Street anchors the financial sector.

2. China — $20.2 trillion
China is the world’s second-largest economy, driven by manufacturing, exports, and large-scale industrial production. It remains the leading global producer of electronics, machinery, and textiles, though it faces structural challenges, including a shrinking population and high debt levels.

3. Germany — $5.4 trillion
Germany remains Europe’s largest economy, supported by a strong industrial base and the Mittelstand network of medium-sized manufacturing firms that form the backbone of its export strength.

4. India — $4.5 trillion
India continues its rapid economic rise, driven largely by services and information technology. Its economy has more than doubled over the past decade, supported by a young population and expanding domestic demand.

5. Japan — $4.4 trillion
Japan remains a global manufacturing powerhouse in robotics, automobiles, and electronics, although long-term growth is constrained by an aging population and structural economic stagnation.

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6. United Kingdom — $4.2 trillion
The United Kingdom is a major service-based economy, with strengths in finance, insurance, and real estate, anchored by the City of London.

7. France — $3.6 trillion
France has a diversified economy led by luxury goods, aerospace, agriculture, and manufacturing, with global brands such as Airbus and LVMH playing major roles.

8. Italy — $2.7 trillion
Italy combines a strong services sector with manufacturing strengths in fashion, machinery, and automobiles, driven largely by its industrial northern regions.

9. Russia — $2.5 trillion
Russia remains heavily dependent on oil and gas exports, with energy revenues playing a central role in its economy despite ongoing sanctions and geopolitical pressures.

10. Canada — $2.4 trillion
Canada rounds out the top 10, supported by natural resources such as oil, forestry, and mining, alongside a strong services and financial sector.

Economists say the global economy is increasingly being shaped by technology, demographics, energy transitions, and geopolitical tensions, all of which will influence how these rankings evolve in the coming years.

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Nigeria misses OPEC oil production quota again

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Again, Nigeria has missed its crude oil production quota set by the Organisation of the Petroleum Exporting Countries after averaging 1.49 million barrels per day in April, below the 1.5 mbpd benchmark.

Figures from the Nigerian Upstream Petroleum Regulatory Commission showed that the country produced an average of 1,488,540 barrels of crude daily in April, representing about 99 per cent of the OPEC quota. When condensates were added, total daily production rose to 1.66mbpd

Last month, the NUPRC said oil production now averaged 1.8mbpd. However, data released on Tuesday was at variance with the report. The latest data mean Nigeria remained below its OPEC allocation for the ninth straight month since July 2025.

The NUPRC document showed that combined crude oil and condensate production peaked at 1.85 mbpd during the month, while the lowest output stood at 1.46 mbpd. The PUNCH reports that the April figures are an appreciable improvement compared to March, when oil output was 1.55mbpd.

Nigeria’s oil production has struggled for years due to crude theft, pipeline vandalism, ageing infrastructure, and underinvestment in the upstream sector. Although output improved marginally in April compared to March, it was still insufficient to meet the country’s OPEC target, underscoring persistent challenges in ramping up production despite government efforts to boost volumes.

The PUNCH reports that Nigeria’s crude production in March was 1.38 mbpd. While there was a 69,000 bpd increase from the 1.31 mbpd recorded in February, the figure is still 117,000 bpd below the OPEC quota.

The figures for February indicated a month-on-month decline of 146,000 barrels per day, widening the country’s shortfall from its OPEC production allocation. This is the eighth consecutive month the country has failed to meet the OPEC quota since July 2025.

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Recall that although Nigeria recorded a marginal improvement in January, when production rose from 1.422 mbpd in December 2025 to 1.46 mbpd, the rebound was short-lived as output fell significantly in February 2026.

Earlier data from NUPRC had also shown that crude oil production weakened at the end of 2025. Production declined from 1.436 mbpd in November 2025 to 1.422 mbpd in December, before recovering slightly in January.

In 2025, Nigeria’s crude oil production fell below its OPEC quota in nine months of the year, meeting or slightly exceeding the target only in January, June, and July.

Nigeria opened 2025 strongly, producing 1.54 mbpd in January, about 38,700 barrels per day above its OPEC allocation. However, production slipped below the quota in February at 1.47 mbpd and weakened further in March to 1.40 mbpd, marking one of the widest shortfalls during the year.

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