Business
Agriculture Reform: VC Seeks More Funds For Universities
Vice Chancellor, Landmark University, Prof. Ola-Rotimi
Ajayi on Tuesday called for increased funding of universities to assist in the
Federal Government’s agricultural transformation agenda.
Ajayi told newsmen in Omu-Aran, Kwara, that the funding would enhance the contribution
of the universities in the efforts to revive agriculture in the country.
He
said that there were many expectations on universities to arrest the current
food insufficiency due to flooding and security challenges.
‘’We
cannot isolate universities in Nigeria from the framework of governance and
administration generally.
‘’Universities
in Nigeria as you have them today are biting more than they can chew. The
resources to even run the programmes are not there. “So, at what point will
they play their roles when they cannot even fulfil the primary roles of
teaching, research and development due to inadequate funding?’’ he said.
Ajayi
said that the adequate funding would galvanise the universities to focus on
agricultural mechanisation, which is vital to ensuring food security, adding
that the universities must go into researches and laboratories to improve
agriculture and see how mechanised agriculture can be encouraged.
‘’They
must also see how improved seedling can be generated and also give it that practical
effect of transferring theories and research findings into practice.“That is
the missing link in Nigeria’s agricultural transformation initiatives as regard
the nation’s universities,’’ he said.
Ajayi
also expressed concern on the poor state
of universities of agriculture.
‘’Look
at the federal universities of agriculture many of them have been ruined. Their
major preoccupation is how to teach students and graduate them on time. The
idea of active participation in agriculture becomes a misnomer, he said. He
said that the Landmark University had from inception envisaged the challenges
in the transformation initiative and introduced scholarship particularly for
students pursuing courses in agriculture.
‘’That
to a great extent becomes the magic wand that attracted students to the
university, especially for agriculture-related courses,’’ he said.
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Sugar Tax ‘ll Threaten Manufacturing Sector, Says CPPE
In a statement, the Chief Executive Officer, CPPE, Muda Yusuf, said while public health concerns such as diabetes and cardiovascular diseases deserve attention, imposing an additional sugar-specific tax was economically risky and poorly suited to Nigeria’s current realities of high inflation, weak consumer purchasing power and rising production costs.
According to him, manufacturers in the non-alcoholic beverage segment are already facing heavy fiscal and cost pressures.
“The proposition of a sugar-specific tax is misplaced, economically risky, and weakly supported by empirical evidence, especially when viewed against Nigeria’s prevailing structural and macroeconomic realities.
The CPPE boss noted that retail prices of many non-alcoholic beverages have risen by about 50 per cent over the past two years, even without the introduction of new taxes, further squeezing consumers.
Yusuf further expressed reservation on the effectiveness of sugar taxes in addressing the root causes of non-communicable diseases in Nigeria.
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