Business
FG Lists Gains Of Agric Roadmap
The Federal Government
says the new Agricultural Roadmap is set to tackle some challenges of the Growth Enhancement Support (GES) scheme of the previous administration.
This is contained in the 2016 Nigeria Agric Sector Policy Roadmap which was presented by the Minister of Agriculture and Rural Development, Chief Audu Ogbeh, to the Federal Executive Councilý and approved.
The roadmap which is to run from 2016 to 2020 stated that: “The Agriculture Promotion Policy, is aimed at building and improving on the challenges of the Agricultural Transformation Agenda (ATA).
“Access to inputs remains a challenge for achieving optimal productivity of agricultural outcomes.
“Attempt to address this issue in the previous government administration have resulted in subsidy programme known as GES which have been characterised by late or non-delivery of inputs.
“Other challenges encountered during the programme include delivery of sub-standard or counterfeit inputs and exclusion of rightful beneficiaries.
“The policy objective is to increase productivity by ensuring access to timely, high quality and price competitive inputs, “ it explained.
The minister said that the roadmap would ensure the availability of timely and high quality inputs by stimulating domestic production of good quality inputs especially seeds and fertiliser.
He added that the document would improve the functioning of the Seed Council and ensure standards, quality control mechanisms at various points in the relevant supply chains.
The roadmap would also tackle issues like the financing, access to market, pest and disease control, mechanisation, storage facilities, processing among others.
The Tide reports that GES is a Federal Government initiative designed to support the Agricultural Transformation Agenda of former President Goodluck Jonathan‘s administration.
It is aimed at subsidising the costs of agricultural inputs such as fertiliser and seedlings for farmers.
The Tide reports that under the GES, 4.2 million farmers had received seeds and fertiliser in the 2013 farming season, while about 20 million people had been impacted through the GES initiative.
The Tide also reports that with the GES scheme, Nigeria had reduced its food imports by over 40 per cent as of 2013, moving the country closer to self sufficiency in agriculture.
Although the scheme was productive, it encountered challenges of corruption and the quality of seed distributed to farmers as well as financial claims spent on inputs for 2014 farming season.
Transport
Nigeria Rates 7th For Visa Application To France —–Schengen Visa
Transport
West Zone Aviation: Adibade Olaleye Sets For NANTA President
Business
Sugar Tax ‘ll Threaten Manufacturing Sector, Says CPPE
In a statement, the Chief Executive Officer, CPPE, Muda Yusuf, said while public health concerns such as diabetes and cardiovascular diseases deserve attention, imposing an additional sugar-specific tax was economically risky and poorly suited to Nigeria’s current realities of high inflation, weak consumer purchasing power and rising production costs.
According to him, manufacturers in the non-alcoholic beverage segment are already facing heavy fiscal and cost pressures.
“The proposition of a sugar-specific tax is misplaced, economically risky, and weakly supported by empirical evidence, especially when viewed against Nigeria’s prevailing structural and macroeconomic realities.
The CPPE boss noted that retail prices of many non-alcoholic beverages have risen by about 50 per cent over the past two years, even without the introduction of new taxes, further squeezing consumers.
Yusuf further expressed reservation on the effectiveness of sugar taxes in addressing the root causes of non-communicable diseases in Nigeria.
-
News3 days agoDon Lauds RSG, NECA On Job Fair
-
Niger Delta1 day agoPDP Declares Edo Airline’s Plan As Misplaced Priority
-
Sports2 days agoSimba open Nwabali talks
-
Nation2 days agoHoS Hails Fubara Over Provision of Accommodation for Permanent Secretaries
-
Niger Delta2 days ago
Stakeholders Task INC Aspirants On Dev … As ELECO Promises Transparent, Credible Polls
-
Niger Delta1 day ago
Students Protest Non-indigene Appointment As Rector in C’River
-
Oil & Energy2 days agoNUPRC Unveils Three-pillar Transformative Vision, Pledges Efficiency, Partnership
-
Transport2 days agoNigeria Rates 7th For Visa Application To France —–Schengen Visa
