Series of Agricultural Schemes in Nigeria proposed by President Goodluck Jonathan since he assumed office are listed below:
(1) The Central Bank of Nigeria is working with the Ministry of Agriculture to create incentives for commercial lending to the Agriculture sector, introduce insurance products and other measures to mitigate associated risks, and provide technical assistance to our farmers and the banks which support them.
(2) Coordinating various initiatives to grow businesses in agriculture.
(3) President Goodluck Jonathan has said his administration is targeting about 3.5 million jobs from the agricultural sector by 2015, out of which 1.3 million will be from cassava processing.
(4) The Ministry of Agriculture and FARA would partner on research and development to boost agricultural productivity in the country. (Aug. 2011)
(5) Adoption of research and development across the entire agricultural value chain to address the challenges of climate change, global economic recession and dwindling revenue which threaten food security.
(6) President Jonathan is determined to end the importation of rice before the end of his tenure in 2015 saying there are plenty resources in the country to grow a lot of food items instead of importing them into the country. In other words, his aim and objective is to transform the sector, guarantee food security and reduce decreasing the country’s embarrassing food imports.
(7) The agenda also involves making agriculture, together with manufacturing, the lynchpin of the Nigerian economy.
(8) Within the first 12 months, it has recorded great achievements in agricultural policy reforms; transformation of several crops; institutional reforms and international donor support for the agricultural transformation agenda.
(9) Corruption in fertiliser distribution has been eliminated, a database of 4.5 million farmers developed, a growth enhancement programme launched to provide targeted support for seeds and fertilizers;
(10) electronic wallet system developed using mobile phones to deliver subsidised seeds and fertilisers to farmers and N30 billion leveraged from commercial banks to finance seed and fertiliser supply. The crops with specific transformation programmes include cassava, rice, sorghum, cocoa, cotton and oil palm.
The Minister of Agriculture signed a memorandum of understanding (MoU) with small scale farmers’ associations in 2012 oil palm plantation to ensure increase in Nigeria’s oil palm production.
Distribution of 13.5 million oil palm nuts to the participating estates, noted that oil palm is one of crop commodities under the agricultural transformation agenda to diversify the nation’s economy from crude oil. The goal to be achieved having done this is to support the production of a total of 240000 hectares of oil palm in the next three years by small local farmers and estates.
Series of Agricultural Schemes in Nigeria proposed by President Goodluck Jonathan since he assumed office are listed below:
(1) The Central Bank of Nigeria is working with the Ministry of Agriculture to create incentives for commercial lending to the Agriculture sector, introduce insurance products and other measures to mitigate associated risks, and provide technical assistance to our farmers and the banks which support them.
(2) Coordinating various initiatives to grow businesses in agriculture.
(3) President Goodluck Jonathan has said his administration is targeting about 3.5 million jobs from the agricultural sector by 2015, out of which 1.3 million will be from cassava processing.
(4) The Ministry of Agriculture and FARA would partner on research and development to boost agricultural productivity in the country. (Aug. 2011)
(5) Adoption of research and development across the entire agricultural value chain to address the challenges of climate change, global economic recession and dwindling revenue which threaten food security.
(6) President Jonathan is determined to end the importation of rice before the end of his tenure in 2015 saying there are plenty resources in the country to grow a lot of food items instead of importing them into the country. In other words, his aim and objective is to transform the sector, guarantee food security and reduce decreasing the country’s embarrassing food imports.
(7) The agenda also involves making agriculture, together with manufacturing, the lynchpin of the Nigerian economy.
(8) Within the first 12 months, it has recorded great achievements in agricultural policy reforms; transformation of several crops; institutional reforms and international donor support for the agricultural transformation agenda.
(9) Corruption in fertiliser distribution has been eliminated, a database of 4.5 million farmers developed, a growth enhancement programme launched to provide targeted support for seeds and fertilizers;
(10) electronic wallet system developed using mobile phones to deliver subsidised seeds and fertilisers to farmers and N30 billion leveraged from commercial banks to finance seed and fertiliser supply. The crops with specific transformation programmes include cassava, rice, sorghum, cocoa, cotton and oil palm.
The Minister of Agriculture signed a memorandum of understanding (MoU) with small scale farmers’ associations in 2012 oil palm plantation to ensure increase in Nigeria’s oil palm production.
Distribution of 13.5 million oil palm nuts to the participating estates, noted that oil palm is one of crop commodities under the agricultural transformation agenda to diversify the nation’s economy from crude oil. The goal to be achieved having done this is to support the production of a total of 240000 hectares of oil palm in the next three years by small local farmers and estates.
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