Agriculture
IFAD Holds Agric Dev Confab, Today
The International Fund for Agricultural Development (IFAD), will today hold a conference on seeking greater investments in rural development and innovative financing for smallholder agriculture that benefits the rural poor in Abuja.
In a release obtained by The Tide in Port Harcourt, Monday, the event tagged: “Investing In Inclusive Rural Transformation: Innovative Approaches to Financing” is being held in collaboration with the Italian Ministry of Economy, the Brookings Institution and the University of Warwick.
The conference will bring together a diverse cross section of government, public and private-sector stakeholders for three days of lively and thoughtful discussions on facilitating investments in rural development and improving access to finance for investment by small holder farmers and medium enterprises.
Justifying the need for the conference, which is the first ever held, IFAD President, Dr Kanayo Nwanze, said, “In all regions of the world, poverty and food insecurity are highest in rural areas, where three quarters of the extremely poor reside.”
The conference, Nwanze maintained, comes at a critical time, adding that eradicating poverty and hunger “will not happen by 2030 unless we step up development financing in rural areas and work together to collectively transform rural economies and societies.
Nobel Laureate, Professor Eric Maskin, the Adams University Professor at Havard University, Homi Kharas, Senior Fellow and Deputy Director, Global Economy and Development, Brookings Institution, Jean-Michel Serverin, President, Investisseurs and Partenaires and Montek Singh Ahluwalia of the Planning Commission of India will be on hand to deliver keynote addresses.
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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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