Business
Director Urges Farmers To Embrace GES
Mr Akinbolawa Osho, the Director of Fertiliser, Federal Ministry of Agriculture and Rural Development, on Thursday called on farmers to embrace the Growth Enhancement Support (GES) scheme.
Osho made the call in an interview with newsmen in Abuja.
He said that the Federal Government was targeting five million farmers out of the 60 million in the first phase of the scheme.
Osho said there would also be provision for farmers that were not captured in the first phase in subsequent phases.
“The scheme is in four phases and we are targeting five million farmers per phase. So, for those farmers who have not been captured now they should be patient with the government.
“This is just the beginning of the scheme and there are bound to be loose ends which government will address as time goes on, ’’ he said.
He appealed to state governments to sensitise farmers in their domains on the need for them to key into the scheme.
Osho said that the Federal Government had been broadcasting jingles on radio and television stations to woo farmers to participate in the scheme.
The director said that the ministry had introduced scratch cards to cater for farmers without mobile phones and those residing in areas without a functional mobile network.
The director said that the ministry had received commendations in some states where the scheme had been rolled out.
Osho explained that the idea of the scheme was to support the private sector to develop the marketing channels to alleviate the sufferings farmers were going through before getting fertiliser.
He said that the Federal Government was bridging the gap between the farmers and the distributors to ensure that prices of fertiliser did not jump beyond the reach of the ordinary farmers.
He attributed this to the reason the Federal Government resolved to support farmers in the procurement and distribution of fertiliser for the next four years.
The Tide reports that some farmers had on July 24 expressed concern over the success of the scheme.
They observed that rural farmers were not given consideration in the formulation of the scheme and that cost of procuring the fertiliser was high.
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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.
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