Niger Delta
USAID To Boost Agribusiness With $50m In C’River
Not less than fifty million dollars is earmarked to be spent by the United State Agency for International Development USAID, for the promotion of agribusiness investment activity in Cross River State. Chief of Party (COP) of the USAID ‘Feed The Future’ FTF, funded Nigeria in Agribusiness Investment Activity, Dr. Adam Saffer disclosed this while speaking with newsmen shortly after speaking at the
Nigeria Agribusiness Finance and Investment Summit held in Calabar. Saffer who spoke on the theme; Challenges, Opportunities/ Solutions, in a Public Private Dialogue, averred that the stated amount will come into the state in form of technical assistance to assist players of the sector witness a breakthrough in their businesses.
On the issue of investment promotion, Saffer maintained that goodwill will help to catalyse new agribusiness investments, adding that agribusiness investment activity will improve the investment readiness of agribusiness, supports enterprises with domestic and international investors.
“Through a demand- driven, private sector-led value chain approach, this component directly supports agribusiness with technical assistance in areas such as improving product quality and identifying investment opportunities.
“With the project, players of agribusiness can be rest assure of getting business development services, with support in strategic partnership, strengthened market linkages and competiveness of small holder farmers to take advantage of emerging investment opportunities. “We want them to have an attitudinal change and see agriculture as a business rather than seeing it as subsistence.
The money which I am talking about isn’t in my pocket, “If such amount is to be given to the players of the industry in cash, it will be like giving fish to people to eat rather than teaching them how to catch fish.
The money is resting with the banks, with the investors, with the government, federal and state governments. “Our job is far more valuable than giving a few grants. Our job is to put together this players and convince the banks and investors that these are good investments, support the investments to make sure that there are delivered”.
He said,”We are going to bring in experts from World Street and investment bankers to look at our plans and perhaps figure out different ways and suggest to state government maybe two or three different methods to get fund on domestic investment into this factories”.
He enumerated the organization’s objectives to include improving agribusiness enabling environment, expanding access to agribusiness Finance and facilitating agribusiness investment.
The MD enumerated states that will get technical assistance to thrive in agribusiness in Nigeria to include Benue, Cross River, Delta, Ebonyi, Kaduna, Kebbi and Niger, across five value chains of aquaculture, cowpea, maize, rice, and soybean stressing that his organization is ready to go extra mile to ensure that it attracts investors from international market to invest in the state to assist agribusiness witness a boom.
He said, “We know government alone cannot run any business, because government is not good at that. “We are bringing experts of international repute from investment banks
to look at our plans and perhaps figure out different ways and suggest to state government maybe two or three different methods to get fund on domestic investment into this factories”.
“We are working with public and private Sector partners, including agribusiness, financial institutions, investment groups and business development services providers to facilitate greater engagement with MSMEs and potential agro-entrepreneurs in their value chain”, he stressed.
He urged farmers in agribusiness to collaborate with one another in order to place themselves on vantage positions that will assist them access aides or negotiate inputs when need be.
Friday Nwagbara, Calabar
The Delta State House of Assembly has commenced public hearing on the State Human Trafficking (Prohibition) Bill, 2024.
The Tide’s source reports that the public hearing was organised by the House Committee on Housing, Women Affairs, Humanitarian Support Services and Girl Child Entrepreneurship in Asaba.
Chairman of the committee, Mrs Bridget Anyafulu, said the hearing was to provide members of the public the opportunity to offer contributions to the proposed law.
“The ultimate goal is to ensure that the state has a law that adequately answers to the challenges it seems to address and satisfy the needs and aspirations of our people and society.
“We have invited you to join us to make a law that will help to effectively address and eradicate the odious practice of human trafficking in our state.
“We know that as stakeholders, the effective participation in making this law will go a long way in enhancing the quality of the law that will finally emerge from the process”, she said.
Anyafulu assured the stakeholders that the committee would look into their suggestions and consider areas that could help to strengthen the bill as well as enhance its quality.
On her part, the State Commissioner for Humanitarian Affairs, Community Support Services and Girl Child Development, Ms. Orode Uduaghan, called for the inclusion of the National Agency for the Protection of Trafficking in Persons (NAPTIP) in the implementation process.
It also reports that Christian Association of Nigeria (CAN), State Ministry of Women Affairs, Ministry of Justice, Civil Society Organisations (CSOs), Nigeria Immigration Service, Nigeria Bar Association (NBA), International Federation of Women Lawyers (FIDA), among others, were involved in the public hearing.
They commended the State Executive for initiating the bill and called for its speedy passage.
The Federal Government has handed over 24,180 bags of 50kg maize and 5,828 bags of 25kg ‘garri’ to the Akwa Ibom State Government for distribution to vulnerable households.
The Director-General, National Emergency Management Agency (NEMA), Mrs. Zubaida Umar, made the presentation on behalf of the Federal Government in Uyo, the State Capital.
Represented by Mrs. Mmandu Aisueni, the Head, Operations, NEMA, Akwa Ibom State office, Umar said the donation was in fulfilment of President Bola Tinubu’s promise to Nigerians.
It would be recalled that the Federal Government approved the release of 42, 000 metric tonnes of assorted food items from the National Strategic Reserve to vulnerable households.
Umar said that the president’s promise was the government’s way of reducing the impact of the current economic hardship in the country.
“We are here to hand over the food items to the state government for distribution to the intended beneficiaries in the communities”, she said.
The NEMA D-G said that the food items should be shared in the communities through properly constituted committees at the local government levels.
She said membership of the local government committees should include the council chairman, representatives of the State Emergency Management Agency and the traditional institutions.
Umar said 20 per cent of the food items for each council area should be given to religious groups, and that three per cent of it should be given to boarding schools in the area.
Receiving the items, Dr Offiong Offor, the Commissioner for Agriculture and Rural Development, commended the Federal Government for the intervention.
Offor said that the gesture was a demonstration of the Federal Government’s commitment to the wellbeing of the citizenry.
The commissioner promised that the state government would ensure that the items were given to the intended beneficiaries.
A group, Concerned Obidient Movement, has declared support for Mr. Asue Ighodalo, the Peoples Democratic Party (PDP) candidate in the September 21 Edo State governorship election.
Leader of the group, Mr. Ikhuenbor Igbinevbo, told newsmen in Benin that the election transcends individual personalities.
“It is a critical moment that will shape the future of Edo. The PDP is creating a climate of renewed political energy that promises sustainable progress.
“Its candidate, Ighodalo, and the deputy, Osarodion Ogie, possess the vision and qualifications that align with the aspirations of Edo people,” he said.
Igbinevbo highlighted the candidates’ deep understanding of the State’s challenges and potential which, he said, positions them to lead the state into a new era of prosperity and responsible governance.
He urged Edo people, both at home and in the Diaspora, to unite in their support for the PDP and its candidates ahead of the election.
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