The Ooni of Ife, Oba Adeyeye Ogunwusi, has called on Nigerians to aggressively engage in agriculture to end poverty and reduce unemployment in the country.
Due to the harsh economic situation in the country, residents of Enugu are now patronising locally produced rice popularly called Abakaliki rice.
The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, said that importation of rice and wheat gulped over N1 trillion in foreign exchange annually.
In a bid to further support the real sector and unlock food potentials, Heritage Bank Plc in collaboration with the Central Bank of Nigeria provided N2billion long term facility under the Commercial Agriculture Credit Scheme to Triton Aqua Africa Ltd (TAAL).
The Ogun State Agricultural Development Corporation (OGSADC) has set a revenue target of N200 million in the next fiscal year.
Agriculturalists note that water remains cardinal to farming but they observe that farming somewhat relies on rainwater in Nigeria, especially among subsistent farmers.
Lagos State Government has confirmed its readiness to flood the market with its new Lake Rice and sell to Lagosians at N13,000 per 50 kg towards the Yuletide celebrations.
Vice President Yemi Osinbajo on Monday renewed Federal Government’s resolve to support farmers and operators of small scale businesses for the development of Nigeria’s economy.
The Rice Farmers Association of Nigeria (RIFAN) has promised Nigerians of cheap, affordable and accessible rice in the country by 2017.
Against the backdrop of concerns in some quarters of outbreak of famine in Nigeria next year, Governor Aminu Waziri Tambuwal of Sokoto state has urged the Federal Government to immediately stop the export of food items to neighbouring countries, especially through the land border.