Nigeria FG to
Withdraw Subsidy On Fertilizer – Agriculture Minister
The Minister of Agriculture
and Rural Development, Mr Audu Ogbeh, has announced plans by the Federal
Government to withdraw subsidy for fertiliser procurement in Nigeria.
The Minister explained on Thursday at a forum in Abuja, Nigeria’s capital that
the government’s decision would ensure the availability of fertiliser to
farmers.
He said there were
plans to ensure that farmers access loans at single
digit rates to meet the growing
demands for agricultural produce.
The Director of
USAID Nigeria, Michael Harvey, and Director of IFDC West and North African
Division, Robert Groot, suggested the increased lending to farmers.
They also called on
the government to ensure that members of the private sector were involved in
the distribution of fertiliser.
The Speakers noted
that this would provide income for farmers and ensure food security for all.
Besides all of these
suggestions, leaders in the West African region are also expected to back all
policies that affects fertiliser production and distribution with action.
No comments:
Post a Comment