Agriculture
LCCI Blames Funds For Agro Firms’ Dwindling Fortunes
The Agric and Agro-
Allied Group, Lagos Chamber of Commerce and Industry (LCCI), has identified lack of funds as a major challenge facing agro processing companies’ in Nigeria.
The group’s chairman, Mr Adeola Elliott, made the assertion in an interview with newsmen in Lagos.
According to him, besides funds, there are the issues of electricity, access roads and water supply among others.
“This is the situation because the nation’s economy has so far succeeded in placing money into the hands of a few individuals.
“The major agro processing companies are doing well because they have access to huge funds as well as international backing.
“This is not the case with small agro processing companies and they are many scattered all around the federation,” he said.
“Apart from funds, there is no training and the research institutes that are supposed to be providing such training are not living up to expectations.
“The small individuals who are in agro processing are trying but their best is still not good enough because of the funds at their disposal,” he said.
Elliott said that it costs about N50 million to set up a small agro processing factory.
He added that individuals also provided electricity, mount poles in their premises to connect to the national grid and construct access roads to their factories as well as provide water.
Elliott said the processor also had to face the cost of providing diesel daily to run electricity generator.
According to him, if agro processing is doing well the sector will be better as there will be reduction in post harvest losses of farm produce and farmers will be better off financially.
He said that government at all levels should make deliberate effort to provide infrastructure support to drive agro processing in the country.
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FG, Ogun Distribute Inputs To 2,400 Farmers
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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