Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,148,340 members, 7,800,641 topics. Date: Wednesday, 17 April 2024 at 10:33 PM |
Nairaland Forum / Nairaland / General / Agriculture / FG Votes $300m To Fund Youth In Agriculture (581 Views)
I Have 1million Naira And I Want To Invest In Agriculture / do wish you could practice AGRICULTURE full time? but have little or no FUND / Download Myfree Report To Learn How To Make Profitable Investment In Agriculture (2) (3) (4)
FG Votes $300m To Fund Youth In Agriculture by Teagirl(f): 12:00pm On Apr 23, 2016 |
The Federal government,through the Minister of State for Agriculture, Senator Heineken Lokpobiri has revealed that in its efforts to bridge funding challenges in the sector,it is set to invest 300 million USD to fund youths in agriculture. He also assured that 20% of an innitial grant by the Bill and Melinda Gates Foundation in collaboration with the Islamic Bank is to be channeled to support the development of women and youth in Agriculture at a total cost of N100m annually for a five year period. Senator Lokpobiri made the disclosure while fielding questions from Journalists at a media briefing to declare Open the Empowering Novel Agri-Business Led Employment(ENABLE) Conference which began in Abuja Yesterday The ENABLE Conference which envisages to host 30 African countries is Championed by the African Development Bank in Collaboration with the International Institute of Tropical Agriculture(IITA) According to the Minister”as a way to support the Youth,the government is set to invest N300mUSD to fund youths in agriculture as a means to cutting down the nations food import bill which stands at over N20 billion Naira. Senator Lokpobiri who said the programme will be duplicated across all the nations 109 Senatorial Zones with the ultimate aim of empowering the Nigerian Youth and bringing down the nations food import billl lamented that Nigeria had become a dumping ground for all manner of poisonous foods including poultry pumped and preserved with formaldehyde. “We cannot continue to import food at this time. With Nigeria being the highest producer of Cassava and the high demand for ethanol,the federal government is in the process of acquiring 18-20 cassava processing plants from China” he said He lamented that “6m naira worth of rice was daily imported and over 20 million eggs respectively as Nigeria suffered a 100mtonnes deficit in egg production” The Minister also revealed that the federal government was set to unfold the sectors Roadmap in a few weeks for the development of agriculture. Meanwhile the ENABLE programme is a mechanism for empowering graduate youths and directing them to careers in agri businesses base on the agripreneurs(Agricultural entrepreneurs). It is a five year programme organised on 4 platforms which include creating an enabling environment for youth employment,supporting agribusiness incubation,financing agribusinesses as well as coordinating,monitoring and evaluation. The program aims to create jobs,food security and rural income generation.Its supported with 12.5busd and targets 1. 25 agribusinesses jobs in 25 countries including Nigeria. Twitter : Oyi24 and IYA_Abuja 1 Like |
Re: FG Votes $300m To Fund Youth In Agriculture by Nobody: 12:22pm On Apr 23, 2016 |
We don't really need it. What we want is for FG to create market internationally |
Re: FG Votes $300m To Fund Youth In Agriculture by obbasiasa(m): 1:31pm On Apr 23, 2016 |
Ok |
Re: FG Votes $300m To Fund Youth In Agriculture by cleavon(m): 3:55pm On Apr 23, 2016 |
The govt is always giving out billions of naira will end up with banks as treasury bills d big farmers because of their strict conditions..ur senators must sign, LG chairman, public servant, collateral, u must register and pay tax...so which young farmer can meet this up...they should create the mkt. And a total ban on importation 1 Like |
Re: FG Votes $300m To Fund Youth In Agriculture by Gadgetmobil(m): 11:22pm On Apr 23, 2016 |
Remain Hopeful |
(1) (Reply)
Smoking Kiln Needed(fish Dryer) / Piggery Made Easy / Daily World Poultry News: Pls Read Only.
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 12 |