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Home Agriculture

Nigeria to develop framework on ease of doing agribusiness

Agribusiness

The Matters Press by The Matters Press
November 22, 2023
Reading Time: 2 mins read
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China’s agricultural wholesale products prices continue to drop

Abuja, Nov. 22,2023: The Minister of Agriculture and Food Security, Sen. Abubakar Kyari, says the Federal Government has immediate and short term plans for developing a standard framework and guide for ease of doing agribusiness.

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Kyari disclosed this on Tuesday at the Opening of the Annual Agricultural Show organised by National Agricultural Foundation of Nigeria (NAFN).

The theme of the show being held in Nasarawa State is “Towards the Realisation of Presidential Declaration of Emergency on Food Security.’’

The minister said that organising an agricultural show was a significant undertaking and an incredible amount of hard work was necessary to create such unique events and ensure they were successful.

Kyari said that show served as high-level platforms for business-business linkage, technology transfer, knowledge exchange, public-private collaboration and policy discourse among participants drawn from all walks of life.

“Overtime, agricultural shows have become veritable tools for showcasing latest developments within the agricultural sector.

“It brings people together; to network, to do business and to give the public a glimpse into the farming life.

“It also provides a hub for the farming and rural community to meet, exchange ideas and above all, have a few days away from the farms,’’ the minister said.

In his address, National President of All Farmers Association of Nigeria (AFAN), Kabiru Ibrahim, said that to scale up food security, there was a need to incentivise Small Holder Farmers (SHFs).

He reiterated the need to provide direct subsidy on seeds and all inputs by all tiers of government.

Ibrahim also called for continuous provision of mechanisation through the provision of light agricultural farm machinery before making heavy duty tractors and combine harvesters.

The Nasarawa State Deputy Governor, Dr Emmanuel Akabe, had earlier called on stakeholders to invest massively in agriculture to transform Nigeria into a virile country for food security and value chain addition.

Tags: Agribusiness
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