Agriculture
Don Harps On Risk Taking In Agricultural Innovation
A Professor of Agricultural Economics and Farm Management in the University of Ilorin, Opeyemi Ayinde, has stressed the importance of taking risks in agriculture innovation and promoting gender inclusivity.
Delivering the 251st inaugural lecture of the university, titled, “The risk of not taking risk in agricultural innovation and gender inclusivity”, Professor Ayinde emphasised the need for strategies to enhance agricultural risk management, dissemination and adoption of innovation and substantial growth in Nigeria’s agricultural sector, while empowering farmers.
One of the key recommendations Ayinde highlighted was the promotion of financial innovation and access to credit for small-scale farmers.
“By creating financial products tailored to farmers’ needs and increasing access to agricultural credit, farmers can better manage financial risks and invest in their operations, ultimately increasing productivity and resilience to market fluctuations. I also suggest the introduction of innovative financial solutions such as index-based insurance.
“By enhancing access to information and providing training programmes, farmers can make more informed decisions and implement strategies to manage risks effectively.
“These programmes can also empower farmers to adopt best practices and innovative technologies, enhancing their risk management capabilities”, he said.
Professor Ayinde stressed the importance of diversification of income sources as a crucial risk management strategy, stating that encouraging farmers to diversify their investments in agriculture and non-agricultural sectors can reduce the impact of individual risk factors.
Recognising the significance of social networks in facilitating the adoption of agricultural innovations, Ayinde recommended establishing and supporting social groups that connect farmers with researchers.
“This network, he said, can enhance the dissemination of crucial information and accelerate innovation adoption.
He also said, “promoting gender-inclusive agricultural research was imperative, emphasising the need to involve both male and female farmers in the selection and development of agricultural innovations to ensure equitable access to resources and technology.
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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.
