Agriculture
‘Agric Sector Contributes $245bn To GDP’
The Minister of
Agriculture and Rural Development, Dr. Akinwumi Adesina, has said that the size of agricultural Gross Domestic Product (GDP) has risen from N14 trillion in 2011 to N46.6 trillion (about $245bn) in 2014.
Receiving an award as the “Newswatch Man of the year 2014 in project management and revenue generation”, recently in Abuja, Adesina said that the figure surpassed the total agricultural GDP for the 8-year period of 2000-2008 which was N42 trillion.
Quoting from the National Bureau of Statistics (NBS) reports, he said, “the agricultural GDP of Nigeria rose from N14 trillion in 2011 to N15.8 trillion by 2012 and 16.8 trillion by 2013.
“The total agricultural GDP in just three years of 2011-2014 was N46.6 trillion, surpassing the total cumulative GDP for the 8-year period of 2000-2008 of N42 trillion”, he said.
As part of achievements of the Agricultural Transformation Agenda (ATA) in the last three years, the minister said over 3.5 million farm jobs have been created across the agricultural value chains, spurring a revival of rural economies, especially for millions of youths and reducing rural urban migration.
According to him, the agric sector has brought microeconomic and fiscal stability for the country despite the depreciation of the Naira and Steep decline in the price of crude oil adding that food prices have been largely stable.
Adesina also said the production of maize has recorded tremendous success as 14 million metric tones of maize were produced in the last three years of the implementation of ATA.
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Federal Government and the Ogun State Government, on Wednesday, distributed farm inputs to farmers as part of effort to address food security challenge.
The State Director, Federal Ministry of Agriculture and Food Security, Dr. Toyin Ayo-Ajayi, during the flag-off ceremony of Inputs Redemption Under The National Agricultural Growth Scheme-Agro Pocket (NAGS-AP), in Ogun State, disclosed that beneficiaries of the gesture were primarily rice, maize and cassava farmers across the State.
Ayo-Ajayi commended the Ogun State Government for partnering with the government at the centre for the effort in supporting farmers with inputs that would bring about yieldings for local consumption and likely exportation.
She noted that government is supporting rice, cassava and maize farmers with inputs worth N212,000; N189,000 and N186,000 respectively.
The Permanent Secretary in the State Ministry of Agriculture, Mrs Kehinde Jokotoye, who represented the Commissioner in the Ministry, Bolu Owotomo, stated that traditional farmers are critical in food production, hence the need to encourage and support them with inputs that would bring about desired results during harvesting.
Owotomo said: “Let us make good use of this opportunity, so that the success of this phase will make farmers benefit more from the state and federal governments of Nigeria.”
Earlier, State Coordinator, Federal Ministry of Agriculture and Food Security, Dr. Oluwatoyin Ayo-Ajayi, appreciated the present administration for partnering with the federal government for the initiative, adding that the programme is designed to support farmers at the grassroots level in cassava, rice and maize with inputs such as, seeds, pesticides, herbicides and fertilizers, to boost their production and enhance their livelihood.
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