Nigeria Government is set to inject over N600bn as stimulus response into Nigeria’s agricultural sector that would aimed at small scale farmers to ensure food security and sustainability.
This was disclosed by Sabo Nanono, the Minister of Agriculture and Rural Development, during a tour of Dangote Fertiliser Plant and a meeting with other fertiliser companies in Lagos on Sunday.
The Minister explained that the N600bn stimulus response which targets farmers nationwide would take off with an initial 2.4 million farmers in the first instance.
He explained that in order to avoid misappropriation of government funds and good intentions, the support would come in the form of inputs and not cash as was practiced in the past.
The minister added that the forceful closure of all international borders, necessitated by the COVID-19 pandemic, had made it evident that Nigeria could conveniently and sustainably feed itself.
He promised to collaborate with the Lagos State Government in the fishing sector to tap the potential of the state’s marine endowments and reduce the importation of fish in Nigeria.