Business
Integrated Food Production, Best Formula For Food Security -FAO
Producing food and energy side-by-side may offer one of the best formulas for boosting countries’ food and energy security, a new FAO report has said.
The report published in Rome and made available to the newsmen in Abuja last Thursday stated that the formula would simultaneously reduce poverty,
It is entitled: “Making Integrated Food-Energy Systems (IFES) Work for People and Climate – An Overview”, and it drew on specific examples from Africa, Asia and Latin America as well as from some developed countries.
The report showed how constraints to successfully integrating production of food and energy crops could be overcome.
“Farming systems that combine food and energy crops present numerous benefits to poor rural communities,” said Alexander Müller, FAO Assistant Director-General for Natural Resources.
“For example, poor farmers can use leftovers from rice crops to produce bioenergy, or in an agroforestry system, can use debris of trees used to grow crops such as fruits, coconuts or coffee beans for cooking,” he explained.
He noted that other types of food and energy systems use by-products from livestock for biogas production.
“With these integrated systems, farmers can save money because they don’t have to buy costly fossil fuel, nor chemical fertiliser if they use the slurry from biogas production.
“They can then use the savings to buy necessary inputs to increase agricultural productivity, such as seeds adapted to changing climatic conditions.
“This is an important factor given that a significant increase in food production in the next decades will have to be carried out under conditions of climate change.
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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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