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Senate Okays Buhari’s $22.7 Billion Loan Request - Politics (4) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Senate Okays Buhari’s $22.7 Billion Loan Request (18183 Views)

Senate Okays HND As Minimum Qualification For President, Governors / Buhari’s $22.7 Billion Loan Spending Plan: $1.25bn For Abuja Rail, $500m For NTA / Senate Okays Buhari’s N338bn Local Debt Payment Request (2) (3) (4)

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Re: Senate Okays Buhari’s $22.7 Billion Loan Request by Nobody: 4:30pm On Mar 05, 2020
Bleep!!! we are screwed!!!!

Anybody knows where gold is sold, I want buy in preparation for devaluation and implosion of our economy.


Seriously we are totally screwed!!!!

Re: Senate Okays Buhari’s $22.7 Billion Loan Request by Witcher(f): 4:32pm On Mar 05, 2020
IME1:


The 4 likes I see so far I'm sure are your 4 different monikers and NL accounts

how can you be talking about 2016 in 2020
Even in the 2016 we did not eye mark any of these in the agricultural sector

I'd rather resign a fat paying job or 30k cheesy monthly job to lie and propagate a government such as this present one than reel out these absolute ... angry

Meanwhile we are talking of loan, loan, loan you hear Witcher even in the midst of money made from agricultural as you ascertain and money from alerts from late Abacha and the money from Magu EFCC and Hamid customs..we are still borrowing?

Abi remita, TSA or North East Development Commission Don swallow all those monies

Sad... I beg make I go cars section
I'm doing that to annoy you guz
Re: Senate Okays Buhari’s $22.7 Billion Loan Request by WandaNara: 4:33pm On Mar 05, 2020
contigiency:


What is your point exactly?



Who are you? It's so obvious you're shameless.
Re: Senate Okays Buhari’s $22.7 Billion Loan Request by Deepthoughts: 4:33pm On Mar 05, 2020
contigiency:

What is your point exactly?
how well informed are you please?
Re: Senate Okays Buhari’s $22.7 Billion Loan Request by Nadio2019: 4:34pm On Mar 05, 2020
Witcher:
God bless the red chamber
God bless president Buhari
God bless Nigeria
“1) The anti-corruption drive of Mr. President put to a halt the exogenous leakages in the Agricultural sector to encourage, empower, and enhance the locally made farm produce thereby increasing our internally generated revenue (IGR) index and foreign exchange capacity and reserve to over $45 Billion in cash and bonds.


2) President Buhari initiated the Home Grown Feeding Programme which is designed to put an end to importation and market monopoly of farm produce that can be grown here in our country which is a pilot vehicle to sustainable economic, agricultural, academic and job creation across the length and breadth of our nation.

3) Under President Buhari, the Standing Inter-Ministerial Technical Committee on Zero-Reject of Agricultural Commodities and Produce / Non-oil Exports in Nigeria was inaugurated.

4) Under the Buhari-led administration, Nigeria has benefitted from 13.1billion Euros honeybee project.


5) The Buhari administration has commenced steps improving the standards of Nigeria’s agricultural exports to align with global standards due to the rejection of our produce at the EU Border Controls.

6) Under President Buhari, Standards and Quality Control measures have been developed in.

7) Under President Buhari administration at the end of 2016, agricultural goods as share of total trade got N212.73bn and 4.02 per cent and Agricultural goods exports were 2.7 per cent higher in Q4 2016 than Q3 2016.


8.) Under the Buhari-led administration, Sesame seeds contributed N6.46billion to Agricultural product exports in the fourth quarter of 2016.

9) In the fourth quarter of 2016, Frozen shrimps and prawns chipped in N4.4billion to Agricultural product exports under PMB’s administration.

10) Under President Buhari administration in the fourth quarter of 2016, Flour and meals of soya beans contributed N2.59billion to agricultural product exports

11) Under President Buhari administration in the fourth quarter of 2016, cashew nuts in shell contributed N0.95billion to Agricultural product exports with the Buhari-led administration.

12) Crude palm kernel accounted for N0.62 billion of the total Agricultural exports under the President Buhari administration in the fourth quarter of 2016.

13) Under the President Buhari administration the agricultural universities coordinating agency is being revitalised as stipulated in the enabling Act which will work closely with the Nigerian University Commission and development partners to re-focus the universities of agriculture in the country.

14) The Livelihood Improvement Family Enterprises (LIFE) programme was initiated by the Buhari Administration and it is aimed at bringing life back to rural communities through the empowerment of youth, women and other vulnerable groups across the country.

15) Livelihood Improvement Family Enterprises (LIFE) Programme initiated by the President Buhari administration is geared towards promoting community-based on-farm and off-farm business activities as a model for job and wealth creation amongst unemployed youth and women in rural and suburban households.

16) Livelihood Improvement Family Enterprises (LIFE) Programmes under President Buhari are expected to establish 150,000 cooperatives nationwide under commodity value chain groups.

17) Livelihood Improvement Family Enterprises (LIFE) programme under President Buhari will establish and operate up to 1,000 cottage industries in the country, and ultimately engage about 1,995,500 youth and 997,500 women for enhanced productivity.

18) Livelihood Improvement Family Enterprises (LIFE) programme under President Buhari would add about 5,965,000 metric tons of foods to the national food store.

19) Anchor Borrowers’ Programme is an intervention of the Buhari administration aimed at fast-tracking access of rural farmers to finance productivity.

20) The Anchor Borrowers Programme (ABP) of the Central Bank of Nigeria under the Buhari-led administration has made available N82billion in funding to 350,000 farmers of rice, wheat, maize, cotton, cassava, poultry, soy beans and groundnut; who have cultivated about 400,000 hectares of land.

21) The Buhari-led administration has made provision of agricultural credit for financing the production of rice, wheat, ginger, maize and soybeans in Kebbi, Niger, Kaduna, Kano, Enugu, Benue, Zamfara, Anambra and Kwara States.

22) The Anchor Borrower’s Programme (ABP) under Buhari’s administration has provided quantum of money for dry season farming in 2015, wet season rice and wheat farming in 2016 and is currently supporting the 2016 dry season farming in many states.

23) The President Buhari administration has commenced the use of National Soil Map Data, with the promotion of the use of soil-specific fertilizer formulations and application in prescribed dosages based on soil types following the conduct of soil mapping/test to enhance agricultural production and productivity.

24) Under President Buhari administration a resurrected interest in agriculture has awakened among small holder farmers.

25) Under the Buhari-led administration, Nigeria’s fertilizer market is growing.

26) The President Buhari administration has signed an agreement with the Government of Morocco for the supply of fertilizer raw materials on concessionary terms to boost local blending to facilitate making soil and crop-specific fertilizer blends available and accessible to smallholder Nigeria farmers.

27) The Ministry of Agriculture under President Buhari is facilitating the timely access of farmers to appropriate quality seeds.

28) The President Buhari administration has facilitated seed trading locally and internationally through the application of regionally agreed principles and rules.

29) The enabling environment for private investment in the seed industry has been created by the Buhari-led administration.

30) Under President Buhari, the National Irrigation Policy and Strategy has been developed and focuses on the need to overcome the irrigation challenges and put available irrigation facilities in the country into effective use.

31) The PMB Administration has assessed the status of infrastructure in all the 12 River Basin Development Authorities (RBDAs) hence, commenced immediate and effective use of the facilities for commercial farming.

32) Under President Buhari, the Bank of Agriculture (BOA) has been strengthened for improved delivery of services through consolidation and recapitalisation in collaboration with the Bureau of Public Enterprises (BPE) to ensure loan disbursement at a single digit interest regime in the agricultural sector as obtainable in developed and emerging economies.

33) The President Buhari administration has approved the restructuring, re-capitalising and repositioning of the Bank of Agriculture (BOA).

34) The Buhari administration has secured the approval of a grant of $1.1 million from the African Development Bank (AfDB) for the restructuring of the Bank of Agriculture, aimed at staff training to strengthen service delivery.

35) The President Buhari administration has embarked on the re-validation of the claims of agro- dealers and input suppliers under the 2014 wet and 2014/2015 dry seasons to ensure that genuine claims are paid by the government.

36) The President Buhari administration has facilitated the payment of the sum of N20 billion, as part of the debts owed agro-dealers while efforts are on to fully settle the outstanding liabilities.

37) The President Buhari administration has established a N50 billion mechanisation fund to facilitate the second phase of Agricultural Equipment Hiring Enterprise (AEHE) to roll-out 6,000 tractors and 13,000 harvest and post-harvest equipment units across the country.

38) With the Buhari-led administration, Tractors and Implements were rolled out in Ilorin and Abuja on January 12, 2016, to support targeted commodity value chains.

39) The rising spate of hostilities and attendant insecurity arising from clashes between crop farmers and nomadic herdsmen has raised serious concern within the government. Accordingly, the PMB administration has commenced efforts towards resolution of pastoralists-farmers conflicts through the provision of 55,000 hectares of land by 11 states as part of the 5,000 hectares each expected from the 19 northern states for the development of pasture/paddocks grazing reserves.

40) The Buhari administration has established 40 large scale rice processing plants and 18 High Quality Cassava Flour (HQCGF) plants with a stake commitment of China EXIM (85 per cent) and Nigeria Bank of Industry (BoI) (15 per cent) through concessional credit facilities of US$383,140,375.60 for the rice mills and US$143,722,202.40 for the HQCF Plants.

41) The President Buhari administration through the Ministry of Agriculture is embarking on a programme of distribution of rice mills, of ten tons per day capacity, 20 tons a day, 40 tons a day, 50 tons and a few 100 tons. Collectively between them, the capacity for rice milling will be close to 3,000 tons a day nationwide. That is expected to close the gap between paddy availability and mills to process it.

42) The President Buhari administration has established 10 large scale rice processing plants and 6 High Quality Cassava Flour plants to be owned and operated by the private sector and would be funded by the Special Rice Processing Intervention Fund and the WB Assisted Agricultural Development Policy Operation [AgDPO] Funds.

43) Through President Buhari administration, Real GDP in agriculture grew by 4.11 per cent in the year 2016, and this growth rate was higher than that recorded in 2015 of 3.72 per cent.

44) Under Buhari’s administration as captured by the National Bureau of Statistics (NBS), there was a continuing strong growth in Agriculture (especially Crop Production) in the Q4 of 2016.

45) Agriculture contributed 21.26 per cent to nominal GDP in the Q4 of 2016 and the sector grew by 6.45 per cent year-on-year under President Buhari administration.

46) In the Buhari-led administration, the contribution of Agriculture to overall GDP in real terms was 25.49 per cent in the quarter under review, higher than its share of 24.18 per cent in the corresponding quarter of 2015.

47) The Ministry of Agriculture under President Buhari administration also provided 2283 bags of industrial salt to hides and skin dealers in 12 targeted states.

48) The President Buhari administration placed ban on rice importation and that has saved Nigeria an average of $5 Million daily.

49) The growing success story on agriculture in Buhari’s Administration has prompted more youths to commence full production in agriculture.

50) More than 7 million Nigerians are actively employed in agriculture under the Buhari Government’s diversification agenda and the Ministry of Agriculture is working to ensure that Agriculture will offer 20 million jobs in the nearest future.

51) Nigeria’s milled rice production has increased by about 60 percent, from 2.5 million MT in 2015, to 4 million MT in 2017 under the President Buhari administration.

52) The Buhari-led administration set up the Presidential Fertilizer Initiative (PFI) to deliver commercially significant quantities of affordable and high quality fertilizer to the Nigerian farmer at the right time

53) The Presidential Fertilizer Initiative (PFI) under the President Buhari administration has resulted in the revitalization of 14 blending plants across the country, with a total installed capacity in excess of 2 million MT.

54) The Presidential Fertilizer Initiative (PFI) under the President Buhari administration has resulted in benefits which will include annual savings of US$200 million in foreign exchange, and N60 billion annually in budgetary provisions for Fertilizer subsidies.

55) Under President Buhari administration, the current cumulative in terms of IGR generated through Agriculture since the fall in price of crude globally has placed agriculture as the best alternative for creating wealth and increasing our National Foreign Reserve to an all-time high.

56) Nigeria’s economy has since bounced back after the recession of 2015/2016 and has continued to grow back as the strongest stabilizing economy in Africa under Buhari-led administration.

57) Through the Buhari-led administration, agriculture is already ripe to be the next green oil and global gold the world has ever seen and the green-rush will lead all roads to Nigeria.

58) Buhari-led Administration has revived 11 moribund plants with a combined capacity of over two million metric tonnes.

59) In 2017 under the President Buhari administration, Presidential Fertilizer Initiative (PFI) delivered 10 million 50kg bags(500,000MT) of NPK 20:10:10 fertilizer at a price of N5,500 in time for the wet season which is down from the price of N9,000 per 50kg bag in 2016, a 40% reduction in price.

60) Under President Buhari administration there is a higher patronage for the country’s rail network due to movement of raw materials and finished goods.

61) Under President Buhari administration, the bag-making sector of the economy was boosted, with over 10million packaging bags produced exclusively for Presidential Fertilizer Initiative (PFI).

62) The Presidential Fertilizer Initiative (PFI) has been able to create 60,000 direct jobs and even a higher number of indirect jobs under the Buhari-led administration.

63) The Buhari-led administration has cut down on imports of agricultural products in order to enable self-sufficiency in food production and consumption.

64) Under President Buhari administration, The Green Alternative (TGA) was initiated, a major policy thrust to build an agri-business economy capable of delivering sustained prosperity by meeting domestic food security goals, generate exports, support sustainable income and job.”
Taqqiya, 99%. We are living in the same Nigeria with you, mind you.

Re: Senate Okays Buhari’s $22.7 Billion Loan Request by immaq8(f): 4:35pm On Mar 05, 2020
I missed Saraki cox he won't approve such.
Re: Senate Okays Buhari’s $22.7 Billion Loan Request by bluke(m): 4:37pm On Mar 05, 2020
helinues:
Rub my back I rub yours. Fg and NASS collabo

After all, na ordinary Nigerians go pay the loans

While we the masses are waiting for God to come down and do what?

Heaven only helps those who help themselves

your reward is in heaven,
dont worry.
Re: Senate Okays Buhari’s $22.7 Billion Loan Request by Burukutuhari: 4:37pm On Mar 05, 2020
Rubber stamp doing the needful for the cabals to hasten their project (refinery) in their home con3. MannaBBQgrize how much is part of your debt
Re: Senate Okays Buhari’s $22.7 Billion Loan Request by Nobody: 4:38pm On Mar 05, 2020
contigiency:
One of the best decisions of this 9th Senate. There is always a time when patriotism should be the guiding principle of the citizenry. This the Senate has displayed abundantly in this matter.

Bleep you!!!
Re: Senate Okays Buhari’s $22.7 Billion Loan Request by AreaFada2: 4:39pm On Mar 05, 2020
Rubber stamp senate.

Eku ise o.

I hope you guys will get at least 1 billion dollars as bribe money for the rubber stamp.

One day there will be no hiding place for you lot.
Re: Senate Okays Buhari’s $22.7 Billion Loan Request by anonimi2018: 4:40pm On Mar 05, 2020
Onyekachi419:
This is ridiculous.

This your meme funny, no be small

1 Like

Re: Senate Okays Buhari’s $22.7 Billion Loan Request by Coronasunworshi: 4:40pm On Mar 05, 2020
Wow
Re: Senate Okays Buhari’s $22.7 Billion Loan Request by Comedian2019: 4:44pm On Mar 05, 2020
Abfinest007:
i know lawal will grant d request.lawal as Senate President is worse than rubber stamp
grin grin grin thats the rubber waiting to stamp anything
Re: Senate Okays Buhari’s $22.7 Billion Loan Request by proclinician: 4:44pm On Mar 05, 2020
Witcher:
God bless the red chamber
God bless president Buhari
God bless Nigeria
“1) The anti-corruption drive of Mr. President put to a halt the exogenous leakages in the Agricultural sector to encourage, empower, and enhance the locally made farm produce thereby increasing our internally generated revenue (IGR) index and foreign exchange capacity and reserve to over $45 Billion in cash and bonds.


2) President Buhari initiated the Home Grown Feeding Programme which is designed to put an end to importation and market monopoly of farm produce that can be grown here in our country which is a pilot vehicle to sustainable economic, agricultural, academic and job creation across the length and breadth of our nation.

3) Under President Buhari, the Standing Inter-Ministerial Technical Committee on Zero-Reject of Agricultural Commodities and Produce / Non-oil Exports in Nigeria was inaugurated.

4) Under the Buhari-led administration, Nigeria has benefitted from 13.1billion Euros honeybee project.


5) The Buhari administration has commenced steps improving the standards of Nigeria’s agricultural exports to align with global standards due to the rejection of our produce at the EU Border Controls.

6) Under President Buhari, Standards and Quality Control measures have been developed in.

7) Under President Buhari administration at the end of 2016, agricultural goods as share of total trade got N212.73bn and 4.02 per cent and Agricultural goods exports were 2.7 per cent higher in Q4 2016 than Q3 2016.


8.) Under the Buhari-led administration, Sesame seeds contributed N6.46billion to Agricultural product exports in the fourth quarter of 2016.

9) In the fourth quarter of 2016, Frozen shrimps and prawns chipped in N4.4billion to Agricultural product exports under PMB’s administration.

10) Under President Buhari administration in the fourth quarter of 2016, Flour and meals of soya beans contributed N2.59billion to agricultural product exports

11) Under President Buhari administration in the fourth quarter of 2016, cashew nuts in shell contributed N0.95billion to Agricultural product exports with the Buhari-led administration.

12) Crude palm kernel accounted for N0.62 billion of the total Agricultural exports under the President Buhari administration in the fourth quarter of 2016.

13) Under the President Buhari administration the agricultural universities coordinating agency is being revitalised as stipulated in the enabling Act which will work closely with the Nigerian University Commission and development partners to re-focus the universities of agriculture in the country.

14) The Livelihood Improvement Family Enterprises (LIFE) programme was initiated by the Buhari Administration and it is aimed at bringing life back to rural communities through the empowerment of youth, women and other vulnerable groups across the country.

15) Livelihood Improvement Family Enterprises (LIFE) Programme initiated by the President Buhari administration is geared towards promoting community-based on-farm and off-farm business activities as a model for job and wealth creation amongst unemployed youth and women in rural and suburban households.

16) Livelihood Improvement Family Enterprises (LIFE) Programmes under President Buhari are expected to establish 150,000 cooperatives nationwide under commodity value chain groups.

17) Livelihood Improvement Family Enterprises (LIFE) programme under President Buhari will establish and operate up to 1,000 cottage industries in the country, and ultimately engage about 1,995,500 youth and 997,500 women for enhanced productivity.

18) Livelihood Improvement Family Enterprises (LIFE) programme under President Buhari would add about 5,965,000 metric tons of foods to the national food store.

19) Anchor Borrowers’ Programme is an intervention of the Buhari administration aimed at fast-tracking access of rural farmers to finance productivity.

20) The Anchor Borrowers Programme (ABP) of the Central Bank of Nigeria under the Buhari-led administration has made available N82billion in funding to 350,000 farmers of rice, wheat, maize, cotton, cassava, poultry, soy beans and groundnut; who have cultivated about 400,000 hectares of land.

21) The Buhari-led administration has made provision of agricultural credit for financing the production of rice, wheat, ginger, maize and soybeans in Kebbi, Niger, Kaduna, Kano, Enugu, Benue, Zamfara, Anambra and Kwara States.

22) The Anchor Borrower’s Programme (ABP) under Buhari’s administration has provided quantum of money for dry season farming in 2015, wet season rice and wheat farming in 2016 and is currently supporting the 2016 dry season farming in many states.

23) The President Buhari administration has commenced the use of National Soil Map Data, with the promotion of the use of soil-specific fertilizer formulations and application in prescribed dosages based on soil types following the conduct of soil mapping/test to enhance agricultural production and productivity.

24) Under President Buhari administration a resurrected interest in agriculture has awakened among small holder farmers.

25) Under the Buhari-led administration, Nigeria’s fertilizer market is growing.

26) The President Buhari administration has signed an agreement with the Government of Morocco for the supply of fertilizer raw materials on concessionary terms to boost local blending to facilitate making soil and crop-specific fertilizer blends available and accessible to smallholder Nigeria farmers.

27) The Ministry of Agriculture under President Buhari is facilitating the timely access of farmers to appropriate quality seeds.

28) The President Buhari administration has facilitated seed trading locally and internationally through the application of regionally agreed principles and rules.

29) The enabling environment for private investment in the seed industry has been created by the Buhari-led administration.

30) Under President Buhari, the National Irrigation Policy and Strategy has been developed and focuses on the need to overcome the irrigation challenges and put available irrigation facilities in the country into effective use.

31) The PMB Administration has assessed the status of infrastructure in all the 12 River Basin Development Authorities (RBDAs) hence, commenced immediate and effective use of the facilities for commercial farming.

32) Under President Buhari, the Bank of Agriculture (BOA) has been strengthened for improved delivery of services through consolidation and recapitalisation in collaboration with the Bureau of Public Enterprises (BPE) to ensure loan disbursement at a single digit interest regime in the agricultural sector as obtainable in developed and emerging economies.

33) The President Buhari administration has approved the restructuring, re-capitalising and repositioning of the Bank of Agriculture (BOA).

34) The Buhari administration has secured the approval of a grant of $1.1 million from the African Development Bank (AfDB) for the restructuring of the Bank of Agriculture, aimed at staff training to strengthen service delivery.

35) The President Buhari administration has embarked on the re-validation of the claims of agro- dealers and input suppliers under the 2014 wet and 2014/2015 dry seasons to ensure that genuine claims are paid by the government.

36) The President Buhari administration has facilitated the payment of the sum of N20 billion, as part of the debts owed agro-dealers while efforts are on to fully settle the outstanding liabilities.

37) The President Buhari administration has established a N50 billion mechanisation fund to facilitate the second phase of Agricultural Equipment Hiring Enterprise (AEHE) to roll-out 6,000 tractors and 13,000 harvest and post-harvest equipment units across the country.

38) With the Buhari-led administration, Tractors and Implements were rolled out in Ilorin and Abuja on January 12, 2016, to support targeted commodity value chains.

39) The rising spate of hostilities and attendant insecurity arising from clashes between crop farmers and nomadic herdsmen has raised serious concern within the government. Accordingly, the PMB administration has commenced efforts towards resolution of pastoralists-farmers conflicts through the provision of 55,000 hectares of land by 11 states as part of the 5,000 hectares each expected from the 19 northern states for the development of pasture/paddocks grazing reserves.

40) The Buhari administration has established 40 large scale rice processing plants and 18 High Quality Cassava Flour (HQCGF) plants with a stake commitment of China EXIM (85 per cent) and Nigeria Bank of Industry (BoI) (15 per cent) through concessional credit facilities of US$383,140,375.60 for the rice mills and US$143,722,202.40 for the HQCF Plants.

41) The President Buhari administration through the Ministry of Agriculture is embarking on a programme of distribution of rice mills, of ten tons per day capacity, 20 tons a day, 40 tons a day, 50 tons and a few 100 tons. Collectively between them, the capacity for rice milling will be close to 3,000 tons a day nationwide. That is expected to close the gap between paddy availability and mills to process it.

42) The President Buhari administration has established 10 large scale rice processing plants and 6 High Quality Cassava Flour plants to be owned and operated by the private sector and would be funded by the Special Rice Processing Intervention Fund and the WB Assisted Agricultural Development Policy Operation [AgDPO] Funds.

43) Through President Buhari administration, Real GDP in agriculture grew by 4.11 per cent in the year 2016, and this growth rate was higher than that recorded in 2015 of 3.72 per cent.

44) Under Buhari’s administration as captured by the National Bureau of Statistics (NBS), there was a continuing strong growth in Agriculture (especially Crop Production) in the Q4 of 2016.

45) Agriculture contributed 21.26 per cent to nominal GDP in the Q4 of 2016 and the sector grew by 6.45 per cent year-on-year under President Buhari administration.

46) In the Buhari-led administration, the contribution of Agriculture to overall GDP in real terms was 25.49 per cent in the quarter under review, higher than its share of 24.18 per cent in the corresponding quarter of 2015.

47) The Ministry of Agriculture under President Buhari administration also provided 2283 bags of industrial salt to hides and skin dealers in 12 targeted states.

48) The President Buhari administration placed ban on rice importation and that has saved Nigeria an average of $5 Million daily.

49) The growing success story on agriculture in Buhari’s Administration has prompted more youths to commence full production in agriculture.

50) More than 7 million Nigerians are actively employed in agriculture under the Buhari Government’s diversification agenda and the Ministry of Agriculture is working to ensure that Agriculture will offer 20 million jobs in the nearest future.

51) Nigeria’s milled rice production has increased by about 60 percent, from 2.5 million MT in 2015, to 4 million MT in 2017 under the President Buhari administration.

52) The Buhari-led administration set up the Presidential Fertilizer Initiative (PFI) to deliver commercially significant quantities of affordable and high quality fertilizer to the Nigerian farmer at the right time

53) The Presidential Fertilizer Initiative (PFI) under the President Buhari administration has resulted in the revitalization of 14 blending plants across the country, with a total installed capacity in excess of 2 million MT.

54) The Presidential Fertilizer Initiative (PFI) under the President Buhari administration has resulted in benefits which will include annual savings of US$200 million in foreign exchange, and N60 billion annually in budgetary provisions for Fertilizer subsidies.

55) Under President Buhari administration, the current cumulative in terms of IGR generated through Agriculture since the fall in price of crude globally has placed agriculture as the best alternative for creating wealth and increasing our National Foreign Reserve to an all-time high.

56) Nigeria’s economy has since bounced back after the recession of 2015/2016 and has continued to grow back as the strongest stabilizing economy in Africa under Buhari-led administration.

57) Through the Buhari-led administration, agriculture is already ripe to be the next green oil and global gold the world has ever seen and the green-rush will lead all roads to Nigeria.

58) Buhari-led Administration has revived 11 moribund plants with a combined capacity of over two million metric tonnes.

59) In 2017 under the President Buhari administration, Presidential Fertilizer Initiative (PFI) delivered 10 million 50kg bags(500,000MT) of NPK 20:10:10 fertilizer at a price of N5,500 in time for the wet season which is down from the price of N9,000 per 50kg bag in 2016, a 40% reduction in price.

60) Under President Buhari administration there is a higher patronage for the country’s rail network due to movement of raw materials and finished goods.

61) Under President Buhari administration, the bag-making sector of the economy was boosted, with over 10million packaging bags produced exclusively for Presidential Fertilizer Initiative (PFI).

62) The Presidential Fertilizer Initiative (PFI) has been able to create 60,000 direct jobs and even a higher number of indirect jobs under the Buhari-led administration.

63) The Buhari-led administration has cut down on imports of agricultural products in order to enable self-sufficiency in food production and consumption.

64) Under President Buhari administration, The Green Alternative (TGA) was initiated, a major policy thrust to build an agri-business economy capable of delivering sustained prosperity by meeting domestic food security goals, generate exports, support sustainable income and job.”

Generate generate generate and the presditiot of the federal republic still wants more and more loans.
Generator ko!
Generation ni!
This is preposterous.
Re: Senate Okays Buhari’s $22.7 Billion Loan Request by Bondinus(m): 4:49pm On Mar 05, 2020
Witcher:
God bless the red chamber
God bless president Buhari
God bless Nigeria
“1) The anti-corruption drive of Mr. President put to a halt the exogenous leakages in the Agricultural sector to encourage, empower, and enhance the locally made farm produce thereby increasing our internally generated revenue (IGR) index and foreign exchange capacity and reserve to over $45 Billion in cash and bonds.


2) President Buhari initiated the Home Grown Feeding Programme which is designed to put an end to importation and market monopoly of farm produce that can be grown here in our country which is a pilot vehicle to sustainable economic, agricultural, academic and job creation across the length and breadth of our nation.

3) Under President Buhari, the Standing Inter-Ministerial Technical Committee on Zero-Reject of Agricultural Commodities and Produce / Non-oil Exports in Nigeria was inaugurated.

4) Under the Buhari-led administration, Nigeria has benefitted from 13.1billion Euros honeybee project.


5) The Buhari administration has commenced steps improving the standards of Nigeria’s agricultural exports to align with global standards due to the rejection of our produce at the EU Border Controls.

6) Under President Buhari, Standards and Quality Control measures have been developed in.

7) Under President Buhari administration at the end of 2016, agricultural goods as share of total trade got N212.73bn and 4.02 per cent and Agricultural goods exports were 2.7 per cent higher in Q4 2016 than Q3 2016.


8.) Under the Buhari-led administration, Sesame seeds contributed N6.46billion to Agricultural product exports in the fourth quarter of 2016.

9) In the fourth quarter of 2016, Frozen shrimps and prawns chipped in N4.4billion to Agricultural product exports under PMB’s administration.

10) Under President Buhari administration in the fourth quarter of 2016, Flour and meals of soya beans contributed N2.59billion to agricultural product exports

11) Under President Buhari administration in the fourth quarter of 2016, cashew nuts in shell contributed N0.95billion to Agricultural product exports with the Buhari-led administration.

12) Crude palm kernel accounted for N0.62 billion of the total Agricultural exports under the President Buhari administration in the fourth quarter of 2016.

13) Under the President Buhari administration the agricultural universities coordinating agency is being revitalised as stipulated in the enabling Act which will work closely with the Nigerian University Commission and development partners to re-focus the universities of agriculture in the country.

14) The Livelihood Improvement Family Enterprises (LIFE) programme was initiated by the Buhari Administration and it is aimed at bringing life back to rural communities through the empowerment of youth, women and other vulnerable groups across the country.

15) Livelihood Improvement Family Enterprises (LIFE) Programme initiated by the President Buhari administration is geared towards promoting community-based on-farm and off-farm business activities as a model for job and wealth creation amongst unemployed youth and women in rural and suburban households.

16) Livelihood Improvement Family Enterprises (LIFE) Programmes under President Buhari are expected to establish 150,000 cooperatives nationwide under commodity value chain groups.

17) Livelihood Improvement Family Enterprises (LIFE) programme under President Buhari will establish and operate up to 1,000 cottage industries in the country, and ultimately engage about 1,995,500 youth and 997,500 women for enhanced productivity.

18) Livelihood Improvement Family Enterprises (LIFE) programme under President Buhari would add about 5,965,000 metric tons of foods to the national food store.

19) Anchor Borrowers’ Programme is an intervention of the Buhari administration aimed at fast-tracking access of rural farmers to finance productivity.

20) The Anchor Borrowers Programme (ABP) of the Central Bank of Nigeria under the Buhari-led administration has made available N82billion in funding to 350,000 farmers of rice, wheat, maize, cotton, cassava, poultry, soy beans and groundnut; who have cultivated about 400,000 hectares of land.

21) The Buhari-led administration has made provision of agricultural credit for financing the production of rice, wheat, ginger, maize and soybeans in Kebbi, Niger, Kaduna, Kano, Enugu, Benue, Zamfara, Anambra and Kwara States.

22) The Anchor Borrower’s Programme (ABP) under Buhari’s administration has provided quantum of money for dry season farming in 2015, wet season rice and wheat farming in 2016 and is currently supporting the 2016 dry season farming in many states.

23) The President Buhari administration has commenced the use of National Soil Map Data, with the promotion of the use of soil-specific fertilizer formulations and application in prescribed dosages based on soil types following the conduct of soil mapping/test to enhance agricultural production and productivity.

24) Under President Buhari administration a resurrected interest in agriculture has awakened among small holder farmers.

25) Under the Buhari-led administration, Nigeria’s fertilizer market is growing.

26) The President Buhari administration has signed an agreement with the Government of Morocco for the supply of fertilizer raw materials on concessionary terms to boost local blending to facilitate making soil and crop-specific fertilizer blends available and accessible to smallholder Nigeria farmers.

27) The Ministry of Agriculture under President Buhari is facilitating the timely access of farmers to appropriate quality seeds.

28) The President Buhari administration has facilitated seed trading locally and internationally through the application of regionally agreed principles and rules.

29) The enabling environment for private investment in the seed industry has been created by the Buhari-led administration.

30) Under President Buhari, the National Irrigation Policy and Strategy has been developed and focuses on the need to overcome the irrigation challenges and put available irrigation facilities in the country into effective use.

31) The PMB Administration has assessed the status of infrastructure in all the 12 River Basin Development Authorities (RBDAs) hence, commenced immediate and effective use of the facilities for commercial farming.

32) Under President Buhari, the Bank of Agriculture (BOA) has been strengthened for improved delivery of services through consolidation and recapitalisation in collaboration with the Bureau of Public Enterprises (BPE) to ensure loan disbursement at a single digit interest regime in the agricultural sector as obtainable in developed and emerging economies.

33) The President Buhari administration has approved the restructuring, re-capitalising and repositioning of the Bank of Agriculture (BOA).

34) The Buhari administration has secured the approval of a grant of $1.1 million from the African Development Bank (AfDB) for the restructuring of the Bank of Agriculture, aimed at staff training to strengthen service delivery.

35) The President Buhari administration has embarked on the re-validation of the claims of agro- dealers and input suppliers under the 2014 wet and 2014/2015 dry seasons to ensure that genuine claims are paid by the government.

36) The President Buhari administration has facilitated the payment of the sum of N20 billion, as part of the debts owed agro-dealers while efforts are on to fully settle the outstanding liabilities.

37) The President Buhari administration has established a N50 billion mechanisation fund to facilitate the second phase of Agricultural Equipment Hiring Enterprise (AEHE) to roll-out 6,000 tractors and 13,000 harvest and post-harvest equipment units across the country.

38) With the Buhari-led administration, Tractors and Implements were rolled out in Ilorin and Abuja on January 12, 2016, to support targeted commodity value chains.

39) The rising spate of hostilities and attendant insecurity arising from clashes between crop farmers and nomadic herdsmen has raised serious concern within the government. Accordingly, the PMB administration has commenced efforts towards resolution of pastoralists-farmers conflicts through the provision of 55,000 hectares of land by 11 states as part of the 5,000 hectares each expected from the 19 northern states for the development of pasture/paddocks grazing reserves.

40) The Buhari administration has established 40 large scale rice processing plants and 18 High Quality Cassava Flour (HQCGF) plants with a stake commitment of China EXIM (85 per cent) and Nigeria Bank of Industry (BoI) (15 per cent) through concessional credit facilities of US$383,140,375.60 for the rice mills and US$143,722,202.40 for the HQCF Plants.

41) The President Buhari administration through the Ministry of Agriculture is embarking on a programme of distribution of rice mills, of ten tons per day capacity, 20 tons a day, 40 tons a day, 50 tons and a few 100 tons. Collectively between them, the capacity for rice milling will be close to 3,000 tons a day nationwide. That is expected to close the gap between paddy availability and mills to process it.

42) The President Buhari administration has established 10 large scale rice processing plants and 6 High Quality Cassava Flour plants to be owned and operated by the private sector and would be funded by the Special Rice Processing Intervention Fund and the WB Assisted Agricultural Development Policy Operation [AgDPO] Funds.

43) Through President Buhari administration, Real GDP in agriculture grew by 4.11 per cent in the year 2016, and this growth rate was higher than that recorded in 2015 of 3.72 per cent.

44) Under Buhari’s administration as captured by the National Bureau of Statistics (NBS), there was a continuing strong growth in Agriculture (especially Crop Production) in the Q4 of 2016.

45) Agriculture contributed 21.26 per cent to nominal GDP in the Q4 of 2016 and the sector grew by 6.45 per cent year-on-year under President Buhari administration.

46) In the Buhari-led administration, the contribution of Agriculture to overall GDP in real terms was 25.49 per cent in the quarter under review, higher than its share of 24.18 per cent in the corresponding quarter of 2015.

47) The Ministry of Agriculture under President Buhari administration also provided 2283 bags of industrial salt to hides and skin dealers in 12 targeted states.

48) The President Buhari administration placed ban on rice importation and that has saved Nigeria an average of $5 Million daily.

49) The growing success story on agriculture in Buhari’s Administration has prompted more youths to commence full production in agriculture.

50) More than 7 million Nigerians are actively employed in agriculture under the Buhari Government’s diversification agenda and the Ministry of Agriculture is working to ensure that Agriculture will offer 20 million jobs in the nearest future.

51) Nigeria’s milled rice production has increased by about 60 percent, from 2.5 million MT in 2015, to 4 million MT in 2017 under the President Buhari administration.

52) The Buhari-led administration set up the Presidential Fertilizer Initiative (PFI) to deliver commercially significant quantities of affordable and high quality fertilizer to the Nigerian farmer at the right time

53) The Presidential Fertilizer Initiative (PFI) under the President Buhari administration has resulted in the revitalization of 14 blending plants across the country, with a total installed capacity in excess of 2 million MT.

54) The Presidential Fertilizer Initiative (PFI) under the President Buhari administration has resulted in benefits which will include annual savings of US$200 million in foreign exchange, and N60 billion annually in budgetary provisions for Fertilizer subsidies.

55) Under President Buhari administration, the current cumulative in terms of IGR generated through Agriculture since the fall in price of crude globally has placed agriculture as the best alternative for creating wealth and increasing our National Foreign Reserve to an all-time high.

56) Nigeria’s economy has since bounced back after the recession of 2015/2016 and has continued to grow back as the strongest stabilizing economy in Africa under Buhari-led administration.

57) Through the Buhari-led administration, agriculture is already ripe to be the next green oil and global gold the world has ever seen and the green-rush will lead all roads to Nigeria.

58) Buhari-led Administration has revived 11 moribund plants with a combined capacity of over two million metric tonnes.

59) In 2017 under the President Buhari administration, Presidential Fertilizer Initiative (PFI) delivered 10 million 50kg bags(500,000MT) of NPK 20:10:10 fertilizer at a price of N5,500 in time for the wet season which is down from the price of N9,000 per 50kg bag in 2016, a 40% reduction in price.

60) Under President Buhari administration there is a higher patronage for the country’s rail network due to movement of raw materials and finished goods.

61) Under President Buhari administration, the bag-making sector of the economy was boosted, with over 10million packaging bags produced exclusively for Presidential Fertilizer Initiative (PFI).

62) The Presidential Fertilizer Initiative (PFI) has been able to create 60,000 direct jobs and even a higher number of indirect jobs under the Buhari-led administration.

63) The Buhari-led administration has cut down on imports of agricultural products in order to enable self-sufficiency in food production and consumption.

64) Under President Buhari administration, The Green Alternative (TGA) was initiated, a major policy thrust to build an agri-business economy capable of delivering sustained prosperity by meeting domestic food security goals, generate exports, support sustainable income and job.”
I read nothing. It's obvious you are here as a media person to support the retired general.
But ask yourself if at this stage all we do is borrow, then why did he increase tax and how does his government intend to raise money, cause he will borrow more than this before 2023

1 Like

Re: Senate Okays Buhari’s $22.7 Billion Loan Request by Nobody: 4:55pm On Mar 05, 2020
Witcher:
God bless the red chamber
God bless president Buhari
God bless Nigeria
“1) The anti-corruption drive of Mr. President put to a halt the exogenous leakages in the Agricultural sector to encourage, empower, and enhance the locally made farm produce thereby increasing our internally generated revenue (IGR) index and foreign exchange capacity and reserve to over $45 Billion in cash and bonds.


2) President Buhari initiated the Home Grown Feeding Programme which is designed to put an end to importation and market monopoly of farm produce that can be grown here in our country which is a pilot vehicle to sustainable economic, agricultural, academic and job creation across the length and breadth of our nation.

3) Under President Buhari, the Standing Inter-Ministerial Technical Committee on Zero-Reject of Agricultural Commodities and Produce / Non-oil Exports in Nigeria was inaugurated.

4) Under the Buhari-led administration, Nigeria has benefitted from 13.1billion Euros honeybee project.


5) The Buhari administration has commenced steps improving the standards of Nigeria’s agricultural exports to align with global standards due to the rejection of our produce at the EU Border Controls.

6) Under President Buhari, Standards and Quality Control measures have been developed in.

7) Under President Buhari administration at the end of 2016, agricultural goods as share of total trade got N212.73bn and 4.02 per cent and Agricultural goods exports were 2.7 per cent higher in Q4 2016 than Q3 2016.


8.) Under the Buhari-led administration, Sesame seeds contributed N6.46billion to Agricultural product exports in the fourth quarter of 2016.

9) In the fourth quarter of 2016, Frozen shrimps and prawns chipped in N4.4billion to Agricultural product exports under PMB’s administration.

10) Under President Buhari administration in the fourth quarter of 2016, Flour and meals of soya beans contributed N2.59billion to agricultural product exports

11) Under President Buhari administration in the fourth quarter of 2016, cashew nuts in shell contributed N0.95billion to Agricultural product exports with the Buhari-led administration.

12) Crude palm kernel accounted for N0.62 billion of the total Agricultural exports under the President Buhari administration in the fourth quarter of 2016.

13) Under the President Buhari administration the agricultural universities coordinating agency is being revitalised as stipulated in the enabling Act which will work closely with the Nigerian University Commission and development partners to re-focus the universities of agriculture in the country.

14) The Livelihood Improvement Family Enterprises (LIFE) programme was initiated by the Buhari Administration and it is aimed at bringing life back to rural communities through the empowerment of youth, women and other vulnerable groups across the country.

15) Livelihood Improvement Family Enterprises (LIFE) Programme initiated by the President Buhari administration is geared towards promoting community-based on-farm and off-farm business activities as a model for job and wealth creation amongst unemployed youth and women in rural and suburban households.

16) Livelihood Improvement Family Enterprises (LIFE) Programmes under President Buhari are expected to establish 150,000 cooperatives nationwide under commodity value chain groups.

17) Livelihood Improvement Family Enterprises (LIFE) programme under President Buhari will establish and operate up to 1,000 cottage industries in the country, and ultimately engage about 1,995,500 youth and 997,500 women for enhanced productivity.

18) Livelihood Improvement Family Enterprises (LIFE) programme under President Buhari would add about 5,965,000 metric tons of foods to the national food store.

19) Anchor Borrowers’ Programme is an intervention of the Buhari administration aimed at fast-tracking access of rural farmers to finance productivity.

20) The Anchor Borrowers Programme (ABP) of the Central Bank of Nigeria under the Buhari-led administration has made available N82billion in funding to 350,000 farmers of rice, wheat, maize, cotton, cassava, poultry, soy beans and groundnut; who have cultivated about 400,000 hectares of land.

21) The Buhari-led administration has made provision of agricultural credit for financing the production of rice, wheat, ginger, maize and soybeans in Kebbi, Niger, Kaduna, Kano, Enugu, Benue, Zamfara, Anambra and Kwara States.

22) The Anchor Borrower’s Programme (ABP) under Buhari’s administration has provided quantum of money for dry season farming in 2015, wet season rice and wheat farming in 2016 and is currently supporting the 2016 dry season farming in many states.

23) The President Buhari administration has commenced the use of National Soil Map Data, with the promotion of the use of soil-specific fertilizer formulations and application in prescribed dosages based on soil types following the conduct of soil mapping/test to enhance agricultural production and productivity.

24) Under President Buhari administration a resurrected interest in agriculture has awakened among small holder farmers.

25) Under the Buhari-led administration, Nigeria’s fertilizer market is growing.

26) The President Buhari administration has signed an agreement with the Government of Morocco for the supply of fertilizer raw materials on concessionary terms to boost local blending to facilitate making soil and crop-specific fertilizer blends available and accessible to smallholder Nigeria farmers.

27) The Ministry of Agriculture under President Buhari is facilitating the timely access of farmers to appropriate quality seeds.

28) The President Buhari administration has facilitated seed trading locally and internationally through the application of regionally agreed principles and rules.

29) The enabling environment for private investment in the seed industry has been created by the Buhari-led administration.

30) Under President Buhari, the National Irrigation Policy and Strategy has been developed and focuses on the need to overcome the irrigation challenges and put available irrigation facilities in the country into effective use.

31) The PMB Administration has assessed the status of infrastructure in all the 12 River Basin Development Authorities (RBDAs) hence, commenced immediate and effective use of the facilities for commercial farming.

32) Under President Buhari, the Bank of Agriculture (BOA) has been strengthened for improved delivery of services through consolidation and recapitalisation in collaboration with the Bureau of Public Enterprises (BPE) to ensure loan disbursement at a single digit interest regime in the agricultural sector as obtainable in developed and emerging economies.

33) The President Buhari administration has approved the restructuring, re-capitalising and repositioning of the Bank of Agriculture (BOA).

34) The Buhari administration has secured the approval of a grant of $1.1 million from the African Development Bank (AfDB) for the restructuring of the Bank of Agriculture, aimed at staff training to strengthen service delivery.

35) The President Buhari administration has embarked on the re-validation of the claims of agro- dealers and input suppliers under the 2014 wet and 2014/2015 dry seasons to ensure that genuine claims are paid by the government.

36) The President Buhari administration has facilitated the payment of the sum of N20 billion, as part of the debts owed agro-dealers while efforts are on to fully settle the outstanding liabilities.

37) The President Buhari administration has established a N50 billion mechanisation fund to facilitate the second phase of Agricultural Equipment Hiring Enterprise (AEHE) to roll-out 6,000 tractors and 13,000 harvest and post-harvest equipment units across the country.

38) With the Buhari-led administration, Tractors and Implements were rolled out in Ilorin and Abuja on January 12, 2016, to support targeted commodity value chains.

39) The rising spate of hostilities and attendant insecurity arising from clashes between crop farmers and nomadic herdsmen has raised serious concern within the government. Accordingly, the PMB administration has commenced efforts towards resolution of pastoralists-farmers conflicts through the provision of 55,000 hectares of land by 11 states as part of the 5,000 hectares each expected from the 19 northern states for the development of pasture/paddocks grazing reserves.

40) The Buhari administration has established 40 large scale rice processing plants and 18 High Quality Cassava Flour (HQCGF) plants with a stake commitment of China EXIM (85 per cent) and Nigeria Bank of Industry (BoI) (15 per cent) through concessional credit facilities of US$383,140,375.60 for the rice mills and US$143,722,202.40 for the HQCF Plants.

41) The President Buhari administration through the Ministry of Agriculture is embarking on a programme of distribution of rice mills, of ten tons per day capacity, 20 tons a day, 40 tons a day, 50 tons and a few 100 tons. Collectively between them, the capacity for rice milling will be close to 3,000 tons a day nationwide. That is expected to close the gap between paddy availability and mills to process it.

42) The President Buhari administration has established 10 large scale rice processing plants and 6 High Quality Cassava Flour plants to be owned and operated by the private sector and would be funded by the Special Rice Processing Intervention Fund and the WB Assisted Agricultural Development Policy Operation [AgDPO] Funds.

43) Through President Buhari administration, Real GDP in agriculture grew by 4.11 per cent in the year 2016, and this growth rate was higher than that recorded in 2015 of 3.72 per cent.

44) Under Buhari’s administration as captured by the National Bureau of Statistics (NBS), there was a continuing strong growth in Agriculture (especially Crop Production) in the Q4 of 2016.

45) Agriculture contributed 21.26 per cent to nominal GDP in the Q4 of 2016 and the sector grew by 6.45 per cent year-on-year under President Buhari administration.

46) In the Buhari-led administration, the contribution of Agriculture to overall GDP in real terms was 25.49 per cent in the quarter under review, higher than its share of 24.18 per cent in the corresponding quarter of 2015.

47) The Ministry of Agriculture under President Buhari administration also provided 2283 bags of industrial salt to hides and skin dealers in 12 targeted states.

48) The President Buhari administration placed ban on rice importation and that has saved Nigeria an average of $5 Million daily.

49) The growing success story on agriculture in Buhari’s Administration has prompted more youths to commence full production in agriculture.

50) More than 7 million Nigerians are actively employed in agriculture under the Buhari Government’s diversification agenda and the Ministry of Agriculture is working to ensure that Agriculture will offer 20 million jobs in the nearest future.

51) Nigeria’s milled rice production has increased by about 60 percent, from 2.5 million MT in 2015, to 4 million MT in 2017 under the President Buhari administration.

52) The Buhari-led administration set up the Presidential Fertilizer Initiative (PFI) to deliver commercially significant quantities of affordable and high quality fertilizer to the Nigerian farmer at the right time

53) The Presidential Fertilizer Initiative (PFI) under the President Buhari administration has resulted in the revitalization of 14 blending plants across the country, with a total installed capacity in excess of 2 million MT.

54) The Presidential Fertilizer Initiative (PFI) under the President Buhari administration has resulted in benefits which will include annual savings of US$200 million in foreign exchange, and N60 billion annually in budgetary provisions for Fertilizer subsidies.

55) Under President Buhari administration, the current cumulative in terms of IGR generated through Agriculture since the fall in price of crude globally has placed agriculture as the best alternative for creating wealth and increasing our National Foreign Reserve to an all-time high.

56) Nigeria’s economy has since bounced back after the recession of 2015/2016 and has continued to grow back as the strongest stabilizing economy in Africa under Buhari-led administration.

57) Through the Buhari-led administration, agriculture is already ripe to be the next green oil and global gold the world has ever seen and the green-rush will lead all roads to Nigeria.

58) Buhari-led Administration has revived 11 moribund plants with a combined capacity of over two million metric tonnes.

59) In 2017 under the President Buhari administration, Presidential Fertilizer Initiative (PFI) delivered 10 million 50kg bags(500,000MT) of NPK 20:10:10 fertilizer at a price of N5,500 in time for the wet season which is down from the price of N9,000 per 50kg bag in 2016, a 40% reduction in price.

60) Under President Buhari administration there is a higher patronage for the country’s rail network due to movement of raw materials and finished goods.

61) Under President Buhari administration, the bag-making sector of the economy was boosted, with over 10million packaging bags produced exclusively for Presidential Fertilizer Initiative (PFI).

62) The Presidential Fertilizer Initiative (PFI) has been able to create 60,000 direct jobs and even a higher number of indirect jobs under the Buhari-led administration.

63) The Buhari-led administration has cut down on imports of agricultural products in order to enable self-sufficiency in food production and consumption.

64) Under President Buhari administration, The Green Alternative (TGA) was initiated, a major policy thrust to build an agri-business economy capable of delivering sustained prosperity by meeting domestic food security goals, generate exports, support sustainable income and job.”

Is everything alright upstairs?

1 Like

Re: Senate Okays Buhari’s $22.7 Billion Loan Request by AmTruth: 5:02pm On Mar 05, 2020
We look forward and believe that this loan would be judiciously put to use for the betterment of Nigerians under our able, transparent and focused President Buhari.

God bless Nigeria!!!
Re: Senate Okays Buhari’s $22.7 Billion Loan Request by sigiyaya(m): 5:03pm On Mar 05, 2020
NovusHomo:


Please let us keep reminding them.
I have been doing that for a long period of time cry cry But unfortunately i have given up because i see know hope or future in these generation of youths that we have in Nigeria. Bro dont waste your time tying, there is no hope i repeat there is no hope....
Re: Senate Okays Buhari’s $22.7 Billion Loan Request by RedBororo(m): 5:09pm On Mar 05, 2020
Scam, if we keep borrowing how do we know what is generated and how they are spent, last last politicians and politics for Nigeria na major scam
Re: Senate Okays Buhari’s $22.7 Billion Loan Request by LANDLORD72: 5:11pm On Mar 05, 2020
Witcher:
God bless the red chamber
God bless president Buhari
God bless Nigeria
“1) The anti-corruption drive of Mr. President put to a halt the exogenous leakages in the Agricultural sector to encourage, empower, and enhance the locally made farm produce thereby increasing our internally generated revenue (IGR) index and foreign exchange capacity and reserve to over $45 Billion in cash and bonds.


2) President Buhari initiated the Home Grown Feeding Programme which is designed to put an end to importation and market monopoly of farm produce that can be grown here in our country which is a pilot vehicle to sustainable economic, agricultural, academic and job creation across the length and breadth of our nation.

3) Under President Buhari, the Standing Inter-Ministerial Technical Committee on Zero-Reject of Agricultural Commodities and Produce / Non-oil Exports in Nigeria was inaugurated.

4) Under the Buhari-led administration, Nigeria has benefitted from 13.1billion Euros honeybee project.


5) The Buhari administration has commenced steps improving the standards of Nigeria’s agricultural exports to align with global standards due to the rejection of our produce at the EU Border Controls.

6) Under President Buhari, Standards and Quality Control measures have been developed in.

7) Under President Buhari administration at the end of 2016, agricultural goods as share of total trade got N212.73bn and 4.02 per cent and Agricultural goods exports were 2.7 per cent higher in Q4 2016 than Q3 2016.


8.) Under the Buhari-led administration, Sesame seeds contributed N6.46billion to Agricultural product exports in the fourth quarter of 2016.

9) In the fourth quarter of 2016, Frozen shrimps and prawns chipped in N4.4billion to Agricultural product exports under PMB’s administration.

10) Under President Buhari administration in the fourth quarter of 2016, Flour and meals of soya beans contributed N2.59billion to agricultural product exports

11) Under President Buhari administration in the fourth quarter of 2016, cashew nuts in shell contributed N0.95billion to Agricultural product exports with the Buhari-led administration.

12) Crude palm kernel accounted for N0.62 billion of the total Agricultural exports under the President Buhari administration in the fourth quarter of 2016.

13) Under the President Buhari administration the agricultural universities coordinating agency is being revitalised as stipulated in the enabling Act which will work closely with the Nigerian University Commission and development partners to re-focus the universities of agriculture in the country.

14) The Livelihood Improvement Family Enterprises (LIFE) programme was initiated by the Buhari Administration and it is aimed at bringing life back to rural communities through the empowerment of youth, women and other vulnerable groups across the country.

15) Livelihood Improvement Family Enterprises (LIFE) Programme initiated by the President Buhari administration is geared towards promoting community-based on-farm and off-farm business activities as a model for job and wealth creation amongst unemployed youth and women in rural and suburban households.

16) Livelihood Improvement Family Enterprises (LIFE) Programmes under President Buhari are expected to establish 150,000 cooperatives nationwide under commodity value chain groups.

17) Livelihood Improvement Family Enterprises (LIFE) programme under President Buhari will establish and operate up to 1,000 cottage industries in the country, and ultimately engage about 1,995,500 youth and 997,500 women for enhanced productivity.

18) Livelihood Improvement Family Enterprises (LIFE) programme under President Buhari would add about 5,965,000 metric tons of foods to the national food store.

19) Anchor Borrowers’ Programme is an intervention of the Buhari administration aimed at fast-tracking access of rural farmers to finance productivity.

20) The Anchor Borrowers Programme (ABP) of the Central Bank of Nigeria under the Buhari-led administration has made available N82billion in funding to 350,000 farmers of rice, wheat, maize, cotton, cassava, poultry, soy beans and groundnut; who have cultivated about 400,000 hectares of land.

21) The Buhari-led administration has made provision of agricultural credit for financing the production of rice, wheat, ginger, maize and soybeans in Kebbi, Niger, Kaduna, Kano, Enugu, Benue, Zamfara, Anambra and Kwara States.

22) The Anchor Borrower’s Programme (ABP) under Buhari’s administration has provided quantum of money for dry season farming in 2015, wet season rice and wheat farming in 2016 and is currently supporting the 2016 dry season farming in many states.

23) The President Buhari administration has commenced the use of National Soil Map Data, with the promotion of the use of soil-specific fertilizer formulations and application in prescribed dosages based on soil types following the conduct of soil mapping/test to enhance agricultural production and productivity.

24) Under President Buhari administration a resurrected interest in agriculture has awakened among small holder farmers.

25) Under the Buhari-led administration, Nigeria’s fertilizer market is growing.

26) The President Buhari administration has signed an agreement with the Government of Morocco for the supply of fertilizer raw materials on concessionary terms to boost local blending to facilitate making soil and crop-specific fertilizer blends available and accessible to smallholder Nigeria farmers.

27) The Ministry of Agriculture under President Buhari is facilitating the timely access of farmers to appropriate quality seeds.

28) The President Buhari administration has facilitated seed trading locally and internationally through the application of regionally agreed principles and rules.

29) The enabling environment for private investment in the seed industry has been created by the Buhari-led administration.

30) Under President Buhari, the National Irrigation Policy and Strategy has been developed and focuses on the need to overcome the irrigation challenges and put available irrigation facilities in the country into effective use.

31) The PMB Administration has assessed the status of infrastructure in all the 12 River Basin Development Authorities (RBDAs) hence, commenced immediate and effective use of the facilities for commercial farming.

32) Under President Buhari, the Bank of Agriculture (BOA) has been strengthened for improved delivery of services through consolidation and recapitalisation in collaboration with the Bureau of Public Enterprises (BPE) to ensure loan disbursement at a single digit interest regime in the agricultural sector as obtainable in developed and emerging economies.

33) The President Buhari administration has approved the restructuring, re-capitalising and repositioning of the Bank of Agriculture (BOA).

34) The Buhari administration has secured the approval of a grant of $1.1 million from the African Development Bank (AfDB) for the restructuring of the Bank of Agriculture, aimed at staff training to strengthen service delivery.

35) The President Buhari administration has embarked on the re-validation of the claims of agro- dealers and input suppliers under the 2014 wet and 2014/2015 dry seasons to ensure that genuine claims are paid by the government.

36) The President Buhari administration has facilitated the payment of the sum of N20 billion, as part of the debts owed agro-dealers while efforts are on to fully settle the outstanding liabilities.

37) The President Buhari administration has established a N50 billion mechanisation fund to facilitate the second phase of Agricultural Equipment Hiring Enterprise (AEHE) to roll-out 6,000 tractors and 13,000 harvest and post-harvest equipment units across the country.

38) With the Buhari-led administration, Tractors and Implements were rolled out in Ilorin and Abuja on January 12, 2016, to support targeted commodity value chains.

39) The rising spate of hostilities and attendant insecurity arising from clashes between crop farmers and nomadic herdsmen has raised serious concern within the government. Accordingly, the PMB administration has commenced efforts towards resolution of pastoralists-farmers conflicts through the provision of 55,000 hectares of land by 11 states as part of the 5,000 hectares each expected from the 19 northern states for the development of pasture/paddocks grazing reserves.

40) The Buhari administration has established 40 large scale rice processing plants and 18 High Quality Cassava Flour (HQCGF) plants with a stake commitment of China EXIM (85 per cent) and Nigeria Bank of Industry (BoI) (15 per cent) through concessional credit facilities of US$383,140,375.60 for the rice mills and US$143,722,202.40 for the HQCF Plants.

41) The President Buhari administration through the Ministry of Agriculture is embarking on a programme of distribution of rice mills, of ten tons per day capacity, 20 tons a day, 40 tons a day, 50 tons and a few 100 tons. Collectively between them, the capacity for rice milling will be close to 3,000 tons a day nationwide. That is expected to close the gap between paddy availability and mills to process it.

42) The President Buhari administration has established 10 large scale rice processing plants and 6 High Quality Cassava Flour plants to be owned and operated by the private sector and would be funded by the Special Rice Processing Intervention Fund and the WB Assisted Agricultural Development Policy Operation [AgDPO] Funds.

43) Through President Buhari administration, Real GDP in agriculture grew by 4.11 per cent in the year 2016, and this growth rate was higher than that recorded in 2015 of 3.72 per cent.

44) Under Buhari’s administration as captured by the National Bureau of Statistics (NBS), there was a continuing strong growth in Agriculture (especially Crop Production) in the Q4 of 2016.

45) Agriculture contributed 21.26 per cent to nominal GDP in the Q4 of 2016 and the sector grew by 6.45 per cent year-on-year under President Buhari administration.

46) In the Buhari-led administration, the contribution of Agriculture to overall GDP in real terms was 25.49 per cent in the quarter under review, higher than its share of 24.18 per cent in the corresponding quarter of 2015.

47) The Ministry of Agriculture under President Buhari administration also provided 2283 bags of industrial salt to hides and skin dealers in 12 targeted states.

48) The President Buhari administration placed ban on rice importation and that has saved Nigeria an average of $5 Million daily.

49) The growing success story on agriculture in Buhari’s Administration has prompted more youths to commence full production in agriculture.

50) More than 7 million Nigerians are actively employed in agriculture under the Buhari Government’s diversification agenda and the Ministry of Agriculture is working to ensure that Agriculture will offer 20 million jobs in the nearest future.

51) Nigeria’s milled rice production has increased by about 60 percent, from 2.5 million MT in 2015, to 4 million MT in 2017 under the President Buhari administration.

52) The Buhari-led administration set up the Presidential Fertilizer Initiative (PFI) to deliver commercially significant quantities of affordable and high quality fertilizer to the Nigerian farmer at the right time

53) The Presidential Fertilizer Initiative (PFI) under the President Buhari administration has resulted in the revitalization of 14 blending plants across the country, with a total installed capacity in excess of 2 million MT.

54) The Presidential Fertilizer Initiative (PFI) under the President Buhari administration has resulted in benefits which will include annual savings of US$200 million in foreign exchange, and N60 billion annually in budgetary provisions for Fertilizer subsidies.

55) Under President Buhari administration, the current cumulative in terms of IGR generated through Agriculture since the fall in price of crude globally has placed agriculture as the best alternative for creating wealth and increasing our National Foreign Reserve to an all-time high.

56) Nigeria’s economy has since bounced back after the recession of 2015/2016 and has continued to grow back as the strongest stabilizing economy in Africa under Buhari-led administration.

57) Through the Buhari-led administration, agriculture is already ripe to be the next green oil and global gold the world has ever seen and the green-rush will lead all roads to Nigeria.

58) Buhari-led Administration has revived 11 moribund plants with a combined capacity of over two million metric tonnes.

59) In 2017 under the President Buhari administration, Presidential Fertilizer Initiative (PFI) delivered 10 million 50kg bags(500,000MT) of NPK 20:10:10 fertilizer at a price of N5,500 in time for the wet season which is down from the price of N9,000 per 50kg bag in 2016, a 40% reduction in price.

60) Under President Buhari administration there is a higher patronage for the country’s rail network due to movement of raw materials and finished goods.

61) Under President Buhari administration, the bag-making sector of the economy was boosted, with over 10million packaging bags produced exclusively for Presidential Fertilizer Initiative (PFI).

62) The Presidential Fertilizer Initiative (PFI) has been able to create 60,000 direct jobs and even a higher number of indirect jobs under the Buhari-led administration.

63) The Buhari-led administration has cut down on imports of agricultural products in order to enable self-sufficiency in food production and consumption.

64) Under President Buhari administration, The Green Alternative (TGA) was initiated, a major policy thrust to build an agri-business economy capable of delivering sustained prosperity by meeting domestic food security goals, generate exports, support sustainable income and job.”
Ozowor mumu defense minister.
Re: Senate Okays Buhari’s $22.7 Billion Loan Request by mechanics(m): 5:17pm On Mar 05, 2020
Loan for what again?
Re: Senate Okays Buhari’s $22.7 Billion Loan Request by Reference(m): 5:18pm On Mar 05, 2020
contigiency:


I would have shared your sentiments if it were those PDP era when every kobo borrowed is squandered. But when I turn left and right and all I see are huge and impactful projects being executed by this government, my option will end at supporting the government.

What are the projects that will repay 22 billion dollars with interest for heavens sake. What are those projects?. Are we going to be mining uranium or manufacturing semi-conductors or making the desperately sought after antidote for corona virus. What world class mega profit industrial concern are we investing in?

How much are the railways making in terms of revenue to help repay. Are they even making profit? Are roads and bridges making money from tolls? How long will these roads last before more money is needed to rehabilitate them when we know the average lifespan of the best roads in Nigeria is 15 years. Will we have repaid the loans by then...

What questions did the Legislature ask before granting such monumental prayers. How long was it debated. What guarantees were given that such will not inflate the economy and drive the naira into the ground. Are we sure this wil not lead to increased taxation going forward, the fine print not revealed to 'we the people'.

Oga, what are the details of this millstone of a loan do you know.

1 Like

Re: Senate Okays Buhari’s $22.7 Billion Loan Request by Elvixbeatz(m): 5:22pm On Mar 05, 2020
cry lipsrsealed lipsrsealed lipsrsealed lipsrsealed
Witcher:
God bless the red chamber
God bless president Buhari
God bless Nigeria
“1) The anti-corruption drive of Mr. President put to a halt the exogenous leakages in the Agricultural sector to encourage, empower, and enhance the locally made farm produce thereby increasing our internally generated revenue (IGR) index and foreign exchange capacity and reserve to over $45 Billion in cash and bonds.


2) President Buhari initiated the Home Grown Feeding Programme which is designed to put an end to importation and market monopoly of farm produce that can be grown here in our country which is a pilot vehicle to sustainable economic, agricultural, academic and job creation across the length and breadth of our nation.

3) Under President Buhari, the Standing Inter-Ministerial Technical Committee on Zero-Reject of Agricultural Commodities and Produce / Non-oil Exports in Nigeria was inaugurated.

4) Under the Buhari-led administration, Nigeria has benefitted from 13.1billion Euros honeybee project.


5) The Buhari administration has commenced steps improving the standards of Nigeria’s agricultural exports to align with global standards due to the rejection of our produce at the EU Border Controls.

6) Under President Buhari, Standards and Quality Control measures have been developed in.

7) Under President Buhari administration at the end of 2016, agricultural goods as share of total trade got N212.73bn and 4.02 per cent and Agricultural goods exports were 2.7 per cent higher in Q4 2016 than Q3 2016.


8.) Under the Buhari-led administration, Sesame seeds contributed N6.46billion to Agricultural product exports in the fourth quarter of 2016.

9) In the fourth quarter of 2016, Frozen shrimps and prawns chipped in N4.4billion to Agricultural product exports under PMB’s administration.

10) Under President Buhari administration in the fourth quarter of 2016, Flour and meals of soya beans contributed N2.59billion to agricultural product exports

11) Under President Buhari administration in the fourth quarter of 2016, cashew nuts in shell contributed N0.95billion to Agricultural product exports with the Buhari-led administration.

12) Crude palm kernel accounted for N0.62 billion of the total Agricultural exports under the President Buhari administration in the fourth quarter of 2016.

13) Under the President Buhari administration the agricultural universities coordinating agency is being revitalised as stipulated in the enabling Act which will work closely with the Nigerian University Commission and development partners to re-focus the universities of agriculture in the country.

14) The Livelihood Improvement Family Enterprises (LIFE) programme was initiated by the Buhari Administration and it is aimed at bringing life back to rural communities through the empowerment of youth, women and other vulnerable groups across the country.

15) Livelihood Improvement Family Enterprises (LIFE) Programme initiated by the President Buhari administration is geared towards promoting community-based on-farm and off-farm business activities as a model for job and wealth creation amongst unemployed youth and women in rural and suburban households.

16) Livelihood Improvement Family Enterprises (LIFE) Programmes under President Buhari are expected to establish 150,000 cooperatives nationwide under commodity value chain groups.

17) Livelihood Improvement Family Enterprises (LIFE) programme under President Buhari will establish and operate up to 1,000 cottage industries in the country, and ultimately engage about 1,995,500 youth and 997,500 women for enhanced productivity.

18) Livelihood Improvement Family Enterprises (LIFE) programme under President Buhari would add about 5,965,000 metric tons of foods to the national food store.

19) Anchor Borrowers’ Programme is an intervention of the Buhari administration aimed at fast-tracking access of rural farmers to finance productivity.

20) The Anchor Borrowers Programme (ABP) of the Central Bank of Nigeria under the Buhari-led administration has made available N82billion in funding to 350,000 farmers of rice, wheat, maize, cotton, cassava, poultry, soy beans and groundnut; who have cultivated about 400,000 hectares of land.

21) The Buhari-led administration has made provision of agricultural credit for financing the production of rice, wheat, ginger, maize and soybeans in Kebbi, Niger, Kaduna, Kano, Enugu, Benue, Zamfara, Anambra and Kwara States.

22) The Anchor Borrower’s Programme (ABP) under Buhari’s administration has provided quantum of money for dry season farming in 2015, wet season rice and wheat farming in 2016 and is currently supporting the 2016 dry season farming in many states.

23) The President Buhari administration has commenced the use of National Soil Map Data, with the promotion of the use of soil-specific fertilizer formulations and application in prescribed dosages based on soil types following the conduct of soil mapping/test to enhance agricultural production and productivity.

24) Under President Buhari administration a resurrected interest in agriculture has awakened among small holder farmers.

25) Under the Buhari-led administration, Nigeria’s fertilizer market is growing.

26) The President Buhari administration has signed an agreement with the Government of Morocco for the supply of fertilizer raw materials on concessionary terms to boost local blending to facilitate making soil and crop-specific fertilizer blends available and accessible to smallholder Nigeria farmers.

27) The Ministry of Agriculture under President Buhari is facilitating the timely access of farmers to appropriate quality seeds.

28) The President Buhari administration has facilitated seed trading locally and internationally through the application of regionally agreed principles and rules.

29) The enabling environment for private investment in the seed industry has been created by the Buhari-led administration.

30) Under President Buhari, the National Irrigation Policy and Strategy has been developed and focuses on the need to overcome the irrigation challenges and put available irrigation facilities in the country into effective use.

31) The PMB Administration has assessed the status of infrastructure in all the 12 River Basin Development Authorities (RBDAs) hence, commenced immediate and effective use of the facilities for commercial farming.

32) Under President Buhari, the Bank of Agriculture (BOA) has been strengthened for improved delivery of services through consolidation and recapitalisation in collaboration with the Bureau of Public Enterprises (BPE) to ensure loan disbursement at a single digit interest regime in the agricultural sector as obtainable in developed and emerging economies.

33) The President Buhari administration has approved the restructuring, re-capitalising and repositioning of the Bank of Agriculture (BOA).

34) The Buhari administration has secured the approval of a grant of $1.1 million from the African Development Bank (AfDB) for the restructuring of the Bank of Agriculture, aimed at staff training to strengthen service delivery.

35) The President Buhari administration has embarked on the re-validation of the claims of agro- dealers and input suppliers under the 2014 wet and 2014/2015 dry seasons to ensure that genuine claims are paid by the government.

36) The President Buhari administration has facilitated the payment of the sum of N20 billion, as part of the debts owed agro-dealers while efforts are on to fully settle the outstanding liabilities.

37) The President Buhari administration has established a N50 billion mechanisation fund to facilitate the second phase of Agricultural Equipment Hiring Enterprise (AEHE) to roll-out 6,000 tractors and 13,000 harvest and post-harvest equipment units across the country.

38) With the Buhari-led administration, Tractors and Implements were rolled out in Ilorin and Abuja on January 12, 2016, to support targeted commodity value chains.

39) The rising spate of hostilities and attendant insecurity arising from clashes between crop farmers and nomadic herdsmen has raised serious concern within the government. Accordingly, the PMB administration has commenced efforts towards resolution of pastoralists-farmers conflicts through the provision of 55,000 hectares of land by 11 states as part of the 5,000 hectares each expected from the 19 northern states for the development of pasture/paddocks grazing reserves.

40) The Buhari administration has established 40 large scale rice processing plants and 18 High Quality Cassava Flour (HQCGF) plants with a stake commitment of China EXIM (85 per cent) and Nigeria Bank of Industry (BoI) (15 per cent) through concessional credit facilities of US$383,140,375.60 for the rice mills and US$143,722,202.40 for the HQCF Plants.

41) The President Buhari administration through the Ministry of Agriculture is embarking on a programme of distribution of rice mills, of ten tons per day capacity, 20 tons a day, 40 tons a day, 50 tons and a few 100 tons. Collectively between them, the capacity for rice milling will be close to 3,000 tons a day nationwide. That is expected to close the gap between paddy availability and mills to process it.

42) The President Buhari administration has established 10 large scale rice processing plants and 6 High Quality Cassava Flour plants to be owned and operated by the private sector and would be funded by the Special Rice Processing Intervention Fund and the WB Assisted Agricultural Development Policy Operation [AgDPO] Funds.

43) Through President Buhari administration, Real GDP in agriculture grew by 4.11 per cent in the year 2016, and this growth rate was higher than that recorded in 2015 of 3.72 per cent.

44) Under Buhari’s administration as captured by the National Bureau of Statistics (NBS), there was a continuing strong growth in Agriculture (especially Crop Production) in the Q4 of 2016.

45) Agriculture contributed 21.26 per cent to nominal GDP in the Q4 of 2016 and the sector grew by 6.45 per cent year-on-year under President Buhari administration.

46) In the Buhari-led administration, the contribution of Agriculture to overall GDP in real terms was 25.49 per cent in the quarter under review, higher than its share of 24.18 per cent in the corresponding quarter of 2015.

47) The Ministry of Agriculture under President Buhari administration also provided 2283 bags of industrial salt to hides and skin dealers in 12 targeted states.

48) The President Buhari administration placed ban on rice importation and that has saved Nigeria an average of $5 Million daily.

49) The growing success story on agriculture in Buhari’s Administration has prompted more youths to commence full production in agriculture.

50) More than 7 million Nigerians are actively employed in agriculture under the Buhari Government’s diversification agenda and the Ministry of Agriculture is working to ensure that Agriculture will offer 20 million jobs in the nearest future.

51) Nigeria’s milled rice production has increased by about 60 percent, from 2.5 million MT in 2015, to 4 million MT in 2017 under the President Buhari administration.

52) The Buhari-led administration set up the Presidential Fertilizer Initiative (PFI) to deliver commercially significant quantities of affordable and high quality fertilizer to the Nigerian farmer at the right time

53) The Presidential Fertilizer Initiative (PFI) under the President Buhari administration has resulted in the revitalization of 14 blending plants across the country, with a total installed capacity in excess of 2 million MT.

54) The Presidential Fertilizer Initiative (PFI) under the President Buhari administration has resulted in benefits which will include annual savings of US$200 million in foreign exchange, and N60 billion annually in budgetary provisions for Fertilizer subsidies.

55) Under President Buhari administration, the current cumulative in terms of IGR generated through Agriculture since the fall in price of crude globally has placed agriculture as the best alternative for creating wealth and increasing our National Foreign Reserve to an all-time high.

56) Nigeria’s economy has since bounced back after the recession of 2015/2016 and has continued to grow back as the strongest stabilizing economy in Africa under Buhari-led administration.

57) Through the Buhari-led administration, agriculture is already ripe to be the next green oil and global gold the world has ever seen and the green-rush will lead all roads to Nigeria.

58) Buhari-led Administration has revived 11 moribund plants with a combined capacity of over two million metric tonnes.

59) In 2017 under the President Buhari administration, Presidential Fertilizer Initiative (PFI) delivered 10 million 50kg bags(500,000MT) of NPK 20:10:10 fertilizer at a price of N5,500 in time for the wet season which is down from the price of N9,000 per 50kg bag in 2016, a 40% reduction in price.

60) Under President Buhari administration there is a higher patronage for the country’s rail network due to movement of raw materials and finished goods.

61) Under President Buhari administration, the bag-making sector of the economy was boosted, with over 10million packaging bags produced exclusively for Presidential Fertilizer Initiative (PFI).

62) The Presidential Fertilizer Initiative (PFI) has been able to create 60,000 direct jobs and even a higher number of indirect jobs under the Buhari-led administration.

63) The Buhari-led administration has cut down on imports of agricultural products in order to enable self-sufficiency in food production and consumption.

64) Under President Buhari administration, The Green Alternative (TGA) was initiated, a major policy thrust to build an agri-business economy capable of delivering sustained prosperity by meeting domestic food security goals, generate exports, support sustainable income and job.”
Re: Senate Okays Buhari’s $22.7 Billion Loan Request by Reference(m): 5:22pm On Mar 05, 2020
It is now Nigerians wil see the need for a proper working Legislature, not to fight blindly but to resist and in the process optimize government performance. It is now we will taste the foibles of autocracy. Just hope we will survive to tell the story.
Re: Senate Okays Buhari’s $22.7 Billion Loan Request by TruthinAction: 5:25pm On Mar 05, 2020
My greatest worry is senseless Nigerians who will still come out and vote this evil party in the next election just for a plate of meal. I don't know when our brains will be properly reset to think right.
Re: Senate Okays Buhari’s $22.7 Billion Loan Request by Simeonuche(m): 5:27pm On Mar 05, 2020
It is finished
Re: Senate Okays Buhari’s $22.7 Billion Loan Request by darlingbobo(m): 5:28pm On Mar 05, 2020
Good defense. You're doing your job.



Witcher:
God bless the red chamber
God bless president Buhari
God bless Nigeria
“1) The anti-corruption drive of Mr. President put to a halt the exogenous leakages in the Agricultural sector to encourage, empower, and enhance the locally made farm produce thereby increasing our internally generated revenue (IGR) index and foreign exchange capacity and reserve to over $45 Billion in cash and bonds.


2) President Buhari initiated the Home Grown Feeding Programme which is designed to put an end to importation and market monopoly of farm produce that can be grown here in our country which is a pilot vehicle to sustainable economic, agricultural, academic and job creation across the length and breadth of our nation.

3) Under President Buhari, the Standing Inter-Ministerial Technical Committee on Zero-Reject of Agricultural Commodities and Produce / Non-oil Exports in Nigeria was inaugurated.

4) Under the Buhari-led administration, Nigeria has benefitted from 13.1billion Euros honeybee project.


5) The Buhari administration has commenced steps improving the standards of Nigeria’s agricultural exports to align with global standards due to the rejection of our produce at the EU Border Controls.

6) Under President Buhari, Standards and Quality Control measures have been developed in.

7) Under President Buhari administration at the end of 2016, agricultural goods as share of total trade got N212.73bn and 4.02 per cent and Agricultural goods exports were 2.7 per cent higher in Q4 2016 than Q3 2016.


8.) Under the Buhari-led administration, Sesame seeds contributed N6.46billion to Agricultural product exports in the fourth quarter of 2016.

9) In the fourth quarter of 2016, Frozen shrimps and prawns chipped in N4.4billion to Agricultural product exports under PMB’s administration.

10) Under President Buhari administration in the fourth quarter of 2016, Flour and meals of soya beans contributed N2.59billion to agricultural product exports

11) Under President Buhari administration in the fourth quarter of 2016, cashew nuts in shell contributed N0.95billion to Agricultural product exports with the Buhari-led administration.

12) Crude palm kernel accounted for N0.62 billion of the total Agricultural exports under the President Buhari administration in the fourth quarter of 2016.

13) Under the President Buhari administration the agricultural universities coordinating agency is being revitalised as stipulated in the enabling Act which will work closely with the Nigerian University Commission and development partners to re-focus the universities of agriculture in the country.

14) The Livelihood Improvement Family Enterprises (LIFE) programme was initiated by the Buhari Administration and it is aimed at bringing life back to rural communities through the empowerment of youth, women and other vulnerable groups across the country.

15) Livelihood Improvement Family Enterprises (LIFE) Programme initiated by the President Buhari administration is geared towards promoting community-based on-farm and off-farm business activities as a model for job and wealth creation amongst unemployed youth and women in rural and suburban households.

16) Livelihood Improvement Family Enterprises (LIFE) Programmes under President Buhari are expected to establish 150,000 cooperatives nationwide under commodity value chain groups.

17) Livelihood Improvement Family Enterprises (LIFE) programme under President Buhari will establish and operate up to 1,000 cottage industries in the country, and ultimately engage about 1,995,500 youth and 997,500 women for enhanced productivity.

18) Livelihood Improvement Family Enterprises (LIFE) programme under President Buhari would add about 5,965,000 metric tons of foods to the national food store.

19) Anchor Borrowers’ Programme is an intervention of the Buhari administration aimed at fast-tracking access of rural farmers to finance productivity.

20) The Anchor Borrowers Programme (ABP) of the Central Bank of Nigeria under the Buhari-led administration has made available N82billion in funding to 350,000 farmers of rice, wheat, maize, cotton, cassava, poultry, soy beans and groundnut; who have cultivated about 400,000 hectares of land.

21) The Buhari-led administration has made provision of agricultural credit for financing the production of rice, wheat, ginger, maize and soybeans in Kebbi, Niger, Kaduna, Kano, Enugu, Benue, Zamfara, Anambra and Kwara States.

22) The Anchor Borrower’s Programme (ABP) under Buhari’s administration has provided quantum of money for dry season farming in 2015, wet season rice and wheat farming in 2016 and is currently supporting the 2016 dry season farming in many states.

23) The President Buhari administration has commenced the use of National Soil Map Data, with the promotion of the use of soil-specific fertilizer formulations and application in prescribed dosages based on soil types following the conduct of soil mapping/test to enhance agricultural production and productivity.

24) Under President Buhari administration a resurrected interest in agriculture has awakened among small holder farmers.

25) Under the Buhari-led administration, Nigeria’s fertilizer market is growing.

26) The President Buhari administration has signed an agreement with the Government of Morocco for the supply of fertilizer raw materials on concessionary terms to boost local blending to facilitate making soil and crop-specific fertilizer blends available and accessible to smallholder Nigeria farmers.

27) The Ministry of Agriculture under President Buhari is facilitating the timely access of farmers to appropriate quality seeds.

28) The President Buhari administration has facilitated seed trading locally and internationally through the application of regionally agreed principles and rules.

29) The enabling environment for private investment in the seed industry has been created by the Buhari-led administration.

30) Under President Buhari, the National Irrigation Policy and Strategy has been developed and focuses on the need to overcome the irrigation challenges and put available irrigation facilities in the country into effective use.

31) The PMB Administration has assessed the status of infrastructure in all the 12 River Basin Development Authorities (RBDAs) hence, commenced immediate and effective use of the facilities for commercial farming.

32) Under President Buhari, the Bank of Agriculture (BOA) has been strengthened for improved delivery of services through consolidation and recapitalisation in collaboration with the Bureau of Public Enterprises (BPE) to ensure loan disbursement at a single digit interest regime in the agricultural sector as obtainable in developed and emerging economies.

33) The President Buhari administration has approved the restructuring, re-capitalising and repositioning of the Bank of Agriculture (BOA).

34) The Buhari administration has secured the approval of a grant of $1.1 million from the African Development Bank (AfDB) for the restructuring of the Bank of Agriculture, aimed at staff training to strengthen service delivery.

35) The President Buhari administration has embarked on the re-validation of the claims of agro- dealers and input suppliers under the 2014 wet and 2014/2015 dry seasons to ensure that genuine claims are paid by the government.

36) The President Buhari administration has facilitated the payment of the sum of N20 billion, as part of the debts owed agro-dealers while efforts are on to fully settle the outstanding liabilities.

37) The President Buhari administration has established a N50 billion mechanisation fund to facilitate the second phase of Agricultural Equipment Hiring Enterprise (AEHE) to roll-out 6,000 tractors and 13,000 harvest and post-harvest equipment units across the country.

38) With the Buhari-led administration, Tractors and Implements were rolled out in Ilorin and Abuja on January 12, 2016, to support targeted commodity value chains.

39) The rising spate of hostilities and attendant insecurity arising from clashes between crop farmers and nomadic herdsmen has raised serious concern within the government. Accordingly, the PMB administration has commenced efforts towards resolution of pastoralists-farmers conflicts through the provision of 55,000 hectares of land by 11 states as part of the 5,000 hectares each expected from the 19 northern states for the development of pasture/paddocks grazing reserves.

40) The Buhari administration has established 40 large scale rice processing plants and 18 High Quality Cassava Flour (HQCGF) plants with a stake commitment of China EXIM (85 per cent) and Nigeria Bank of Industry (BoI) (15 per cent) through concessional credit facilities of US$383,140,375.60 for the rice mills and US$143,722,202.40 for the HQCF Plants.

41) The President Buhari administration through the Ministry of Agriculture is embarking on a programme of distribution of rice mills, of ten tons per day capacity, 20 tons a day, 40 tons a day, 50 tons and a few 100 tons. Collectively between them, the capacity for rice milling will be close to 3,000 tons a day nationwide. That is expected to close the gap between paddy availability and mills to process it.

42) The President Buhari administration has established 10 large scale rice processing plants and 6 High Quality Cassava Flour plants to be owned and operated by the private sector and would be funded by the Special Rice Processing Intervention Fund and the WB Assisted Agricultural Development Policy Operation [AgDPO] Funds.

43) Through President Buhari administration, Real GDP in agriculture grew by 4.11 per cent in the year 2016, and this growth rate was higher than that recorded in 2015 of 3.72 per cent.

44) Under Buhari’s administration as captured by the National Bureau of Statistics (NBS), there was a continuing strong growth in Agriculture (especially Crop Production) in the Q4 of 2016.

45) Agriculture contributed 21.26 per cent to nominal GDP in the Q4 of 2016 and the sector grew by 6.45 per cent year-on-year under President Buhari administration.

46) In the Buhari-led administration, the contribution of Agriculture to overall GDP in real terms was 25.49 per cent in the quarter under review, higher than its share of 24.18 per cent in the corresponding quarter of 2015.

47) The Ministry of Agriculture under President Buhari administration also provided 2283 bags of industrial salt to hides and skin dealers in 12 targeted states.

48) The President Buhari administration placed ban on rice importation and that has saved Nigeria an average of $5 Million daily.

49) The growing success story on agriculture in Buhari’s Administration has prompted more youths to commence full production in agriculture.

50) More than 7 million Nigerians are actively employed in agriculture under the Buhari Government’s diversification agenda and the Ministry of Agriculture is working to ensure that Agriculture will offer 20 million jobs in the nearest future.

51) Nigeria’s milled rice production has increased by about 60 percent, from 2.5 million MT in 2015, to 4 million MT in 2017 under the President Buhari administration.

52) The Buhari-led administration set up the Presidential Fertilizer Initiative (PFI) to deliver commercially significant quantities of affordable and high quality fertilizer to the Nigerian farmer at the right time

53) The Presidential Fertilizer Initiative (PFI) under the President Buhari administration has resulted in the revitalization of 14 blending plants across the country, with a total installed capacity in excess of 2 million MT.

54) The Presidential Fertilizer Initiative (PFI) under the President Buhari administration has resulted in benefits which will include annual savings of US$200 million in foreign exchange, and N60 billion annually in budgetary provisions for Fertilizer subsidies.

55) Under President Buhari administration, the current cumulative in terms of IGR generated through Agriculture since the fall in price of crude globally has placed agriculture as the best alternative for creating wealth and increasing our National Foreign Reserve to an all-time high.

56) Nigeria’s economy has since bounced back after the recession of 2015/2016 and has continued to grow back as the strongest stabilizing economy in Africa under Buhari-led administration.

57) Through the Buhari-led administration, agriculture is already ripe to be the next green oil and global gold the world has ever seen and the green-rush will lead all roads to Nigeria.

58) Buhari-led Administration has revived 11 moribund plants with a combined capacity of over two million metric tonnes.

59) In 2017 under the President Buhari administration, Presidential Fertilizer Initiative (PFI) delivered 10 million 50kg bags(500,000MT) of NPK 20:10:10 fertilizer at a price of N5,500 in time for the wet season which is down from the price of N9,000 per 50kg bag in 2016, a 40% reduction in price.

60) Under President Buhari administration there is a higher patronage for the country’s rail network due to movement of raw materials and finished goods.

61) Under President Buhari administration, the bag-making sector of the economy was boosted, with over 10million packaging bags produced exclusively for Presidential Fertilizer Initiative (PFI).

62) The Presidential Fertilizer Initiative (PFI) has been able to create 60,000 direct jobs and even a higher number of indirect jobs under the Buhari-led administration.

63) The Buhari-led administration has cut down on imports of agricultural products in order to enable self-sufficiency in food production and consumption.

64) Under President Buhari administration, The Green Alternative (TGA) was initiated, a major policy thrust to build an agri-business economy capable of delivering sustained prosperity by meeting domestic food security goals, generate exports, support sustainable income and job.”
Re: Senate Okays Buhari’s $22.7 Billion Loan Request by trutht828: 5:28pm On Mar 05, 2020
Witcher:
God bless the red chamber
job.”

If there is any element of truth in your ranting, how come food have become more expensive than before? Gaari sold for N150-180 under Jonathan. It sold for around N300 in buhari's first term; it is now selling for N600 naira.

So, who are you deceiving? Yourself, right?
Re: Senate Okays Buhari’s $22.7 Billion Loan Request by blowjohn(m): 5:29pm On Mar 05, 2020
That's too much money na.
Wtf
Re: Senate Okays Buhari’s $22.7 Billion Loan Request by trutht828: 5:30pm On Mar 05, 2020
darlingbobo:
Good defense. You're doing your job.




If Buhari has done this much in agriculture, how come it is not reflecting in the price of food?
Re: Senate Okays Buhari’s $22.7 Billion Loan Request by crackhouse(m): 5:34pm On Mar 05, 2020
Abfinest007:
i know lawan will grant d request.lawan as Senate President is worse than rubber stamp.did u know they didn't state what they want to use d loan for.
they don't need to. It won't pass infrastructural development as usual.
Re: Senate Okays Buhari’s $22.7 Billion Loan Request by BigIyanga: 5:34pm On Mar 05, 2020
Time to save in dollars and real estate cos Naira is about to go up N500$1

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