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Food Importation Gulps N2trn Annually-Minister
The Minister of Agriculture, Akinwunmi Adesina, says Nigerian spends N2 trillion annually on food importation.
Adesina, who disclosed this recently in Abuja at an interactive session with members of the Senate Committee on Agriculture, said the country had become a dumping ground for imported food.
“It is a shameful thing that Nigeria has become a net importer of food. Nigeria has become a dumping ground for cheap food and it is killing our people and the economy.
“N1 billion is spent every day to import rice. We also spend N240 billion to import sugar, and N1.2 trillion annually on fish. With this, we are creating market for others.”
The minister noted that only three per cent of the nation’s budget was spent on agriculture and suggested that the allocation should be increased to 10 per cent in the 2012 budget to boost food production.
He said that if the agricultural sector was properly funded, it would not only reduce the country’s dependence on food importation, but would also create employment for the people.
Adesina said that about 3.5 million jobs could be created and an estimated N300 billion generated from the agricultural sector in the next four years, if the right investment were made in the sector.
“About 2 million jobs can be created from cassava alone, 400,000 jobs from cocoa, 125,000 jobs from cotton and one million jobs from rice.”
Responding, the Chairman of the Senate Committee on agriculture, Sen. Emmanuel Bwacha, decried the prolonged neglect of the agricultural sector.
He gave assurance that his committee would ensure that an appropriate budgetary allocation was made to the sector in the 2012 budget.
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Senate Orders NAFDAC To Ban Sachet Alcohol Production by December 2025 ………Lawmakers Warn of Health Crisis, Youth Addiction And Social Disorder From Cheap Liquor
The upper chamber’s resolution followed an exhaustive debate on a motion sponsored by Senator Asuquo Ekpenyong (Cross River South), during its sitting, last Thursday.
He warned that another extension would amount to a betrayal of public trust and a violation of Nigeria’s commitment to global health standards.
Ekpenyong said, “The harmful practice of putting alcohol in sachets makes it as easy to consume as sweets, even for children.
“It promotes addiction, impairs cognitive and psychomotor development and contributes to domestic violence, road accidents and other social vices.”
Senator Anthony Ani (Ebonyi South) said sachet-packaged alcohol had become a menace in communities and schools.
“These drinks are cheap, potent and easily accessible to minors. Every day we delay this ban, we endanger our children and destroy more futures,” he said.
Senate President, Godswill Akpabio, who presided over the session, ruled in favour of the motion after what he described as a “sober and urgent debate”.
Akpabio said “Any motion that concerns saving lives is urgent. If we don’t stop this extension, more Nigerians, especially the youth, will continue to be harmed. The Senate of the Federal Republic of Nigeria has spoken: by December 2025, sachet alcohol must become history.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
Business
PHCCIMA Leadership Hails Rivers Commerce Commissioner for Boosting Business Ties …..Urges Deeper Collaboration to Ignite Economic Growth
