Nigeria’s food security bid receives boost as Agric coys pledge support

Adebari Oguntoye — Fri, 08 Mar 2024 21:42:36 +0000

The bid by the Tinubu administration to ensure food security through the transformation of agricultural productivity in the country has received a major boost, with a consortium of mid-sized agriculture companies pledging to support millions of farmers across different value chains in the country.

Speaking during the group’s courtesy visit to the presidential villa on Friday, Vice President Kashim Shettima commended the efforts of the young entrepreneurs, particularly in “seeking practical solutions to challenges confronting the nation.”.

Sen. Shettima, who welcomed their partnership, said, “Mid-sized companies like yours should be the drivers of change in our nation. We can work as a team towards addressing our core challenges.”

The Vice President noted President Tinubu’s leadership and commitment to stimulating growth in the economy, especially working with the private sector.

He said, “My boss is very much devoted to stimulating growth in the Nigerian economy, regardless of the challenges. Leadership is actually about challenges, and we are mindful of them. We want collaboration from the private sector to turn agriculture into a business and dramatically change our economic landscape. We (as a nation) are one of the most resource endowed countries in the world and have no business being poor.”

He called on the private sector, including financial institutions, to support the Federal Government’s drive to transform agricultural production and improve the welfare of Nigerians.

The Vice President stressed the need to engage small-holder farmers with the view to increasing their productivity as part of measures towards achieving the country’s food security objectives.

Earlier in his remarks, the leader of the delegation and CEO of AFEX – a leading commodities exchange in Nigeria, Akinyinka Akintunde, said the group was at the presidential villa to pledge its support to government’s programmes and policies in the agricultural sector.

He said the group is proposing an initiative that will support two million farmers across four value chains (Rice, Maize, Sorghum and Soyabeans) to enhance sustainable agriculture and ensure the success of the food security drive of the Federal Government.

Akintunde said the consortium comprising mid-sized agricultural companies in Nigeria will achieve the set objectives by engaging and collaborating with key stakeholders, including the Private Finance Initiative (PFI), Fertilizer Producers & Suppliers Association of Nigeria (FEPSAN) and farmer aggregation companies.

He outlined the proposed initiative to also include linking farmers to markets and enriching the government’s grain reserves across the country with assorted commodities, all in a bid to boost the food security targets of the administration.

Also present at the meeting were the VP Operations at Thrive Agric, Oshone Anavhe; Managing Director of SWAgCo (South West Agriculture Company) Limited, Jide Arowosafe; representative of Sterling Bank, Joshua Zira, and Head, Market Growth at AFEX, Zara Dogo, among others.

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Lagos distributes maize, sorghum to farm settlements

Kayode Ogundele — Sun, 14 Jun 2020 18:31:54 +0000

Lagos State Government says it has begun the distribution of maize and sorghum to feed millers, farm settlements and other stakeholders in the livestock industry as mitigation measures to the COVID-19 pandemic to boost agricultural production in the State and avert food scarcity in coming years.

The State Acting Commissioner for Agriculture, Ms. Abisola Olusanya who made this known over the weekend noted that the injection of these ingredients into the feed mill industry would have a multiplier effects on the input and output of feed millers and consequently on food production.

Olusanya explained that maize being the major source of energy in the feed mill industry as well as accounting for between 60 and 70% of the total ingredients used in feed formation and production, usually determines the final cost of the finished feed such that any fluctuation in the cost of maize in the market also has direct effects on the finished feed and seems to be the life line of the feed mill industry.

She explained that the country’s animal feed mill sector was rather undeveloped largely due to high production costs stressing that the distribution of these ingredients to feed millers and farm settlements in the State would lead to a significant reduction in the production costs, production of quality feeds and consequently availability of quality food to Lagosians.

“Nigeria’s animal feed sector remains underdeveloped, largely due to high production costs. 70% of the operational costs of most poultry, aquaculture and other livestock operations go to feed. The animal feed sector at over $2 billion continues to attract significant local and foreign investment in large scale feed mill operations.

“Recently, during the COVID-19 lock down, the Federal Government of Nigeria presented the Lagos State Government with consignments of maize and sorghum; thus, the State Government approved the distribution of 3,300 Tonnes of Maize and 900 Tonnes of Sorghum to Feed Millers, Farm Estates and Settlements and other stakeholders in the animal feed industry across the State,” Olusanya averred.

According to her, these feed millers include commercial feed millers, toll millers, ingredient sellers and distributors of finished feed and other stakeholders and investors in the industry such as the small holder private livestock farmers like the Sheep and Goat Farmers, and the Lagos Chapter of Poultry Association of Nigeria among others.

She gave the list of Farm Settlements and Estates that have benefited from the scheme to include the Ikorodu Farm Settlement, Odogunyan; Ajara Farm Settlement, Badagry; Araga Farm Settlement, Epe; Imota Farm Settlement, Ikorodu; Agbowa GFS/NDE Estate, Epe; Igboye Farm Settlement, Epe; Poultry Estates at Erikorodo, Ikorodu and Ayedoto in Ojo; Piggery Estates at Gberigbe, Ikorodu and Oke-Aro; Arable Crop Estate, Agbowa, Epe; Vegetable Estate, Yafm, Badagry; and Fish Farm Estates at Odogunyan, Ikorodu; and Ketu Ereyun in Epe.

Olusanya noted that the distribution would help the feed millers save time and money spent on searching for quality maize, shorten production time as well as reduce wastage of ingredients during production.

“Apart from ensuring that quality and affordable feed is produced, this distribution will also help our feed millers and other key actors in the animal feed industry to produce feed according to the recommended standard. It is important to note that the overall aim here is to produce good quality feeds for our animals which will in effect help livestock and animal farmers to generate low mortalities, stimulate high productivity, produce a high rate of return on investments, produce quality food to Lagosians, sustain the industry’s integrity while encouraging more investors to support the animal feed industry,” Olusanya asserted.

The Acting Commissioner opined that the distribution is coming on the heels of the empowerment of 650 farmers in the State with maize seeds for the new planting season adding that all these measures by the State Government was to cushion the effects of the COVID-19 pandemic and its threat to food security and availability in the State.

She urged beneficiaries to make judicious use of these inputs to improve the animal feed industry as it would go a long way in rearing healthy animals and in return produce quality food for Lagosians.

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Nigeria’s food security bid receives boost as Agric coys pledge support

Lagos distributes maize, sorghum to farm settlements