Archive Nigeria Spends N1trn to Import Rice, 3 Other Food...

Nigeria Spends N1trn to Import Rice, 3 Other Food Items Annually – FG

-

- Advertisment -

Massive importation of food, especially, rice, wheat, sugar and fish, has continued to bleed the nation’s economy, with the four items accounting for a whopping N1 trillion loss to the nation annually.

Executive Secretary, Agricultural Research Council of Nigeria, ARCN, Prof. Baba Abubakar, disclosed this at a sensitization seminar on Genetically Modified Organisms, GMOs, and Agricultural Biotechnology, organised for staff of Federal Ministry of Agriculture and Rural Development by Biotechnology Development Agency, in Abuja, yesterday.
Abubakar, who was represented by the Acting Director, Partnership and Linkages Programme, Yarama Ndirpaya, noted with dismay that Nigeria had remained a large food importer, in-spite of massive uncultivated agricultural land across the country.
He said:  “Nigeria spends over N1 trillion on the top four food imports annually. And farmers have limited capacity and use techniques that adversely affect soil fertility, water and biodiversity. Human-induced climate change compounds the issue.”
According to him, Nigeria is the  largest importer of US hard red and white wheat worth N635 billion annually; world’s number 2 importer of rice at N356 billion; N217 billion on sugar and N97 billion on fish.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

Let’s Record Zero Crime During Your Stay – Yahaya Bello Tasks New Army Commandant

Kogi State Governor, His Excellency Yahaya Bello has charged the new Commandant of the Nigerian Army Records, Chari Megumeri...

Our Security Template Focuses On Communal Collaboration, Honesty, Synergy – Gov. Bello

….says he doesn’t visit Abuja for solution to security challenges Kogi State Governor, Yahaya Bello has revealed that the successes...

2021 World Education Day: ActionAid Nigeria Calls For Increase Allocation To Education From 15% – 20%

As the World marks the 2021 International Education Day, a Non-Governmental Organization, (NGO), ActionAid Nigeria, has called for an...

COVID-19: Bill Gates backs Yahaya Bello’s position on need to invest in healthcare

Mayowa Adeniran|  The recent position of one of the world's richest, Bill Gates, has corroborated the agitations of Kogi State...

JONAPWD-LAGOS Commends Sanwo-Olu For Restoring Disability Empowerment Fund

Kenneth Afor |  The Joint National Association of Persons Living With Dissabilities (JONAPWD ) in Lagos state has commanded Babajide...

Groups Call On Judicial Panels Of Inquiry To Dispense Justice On Victims, Survivors Of Police Brutality

Kenneth Afor | The Network on Police Reform in Nigeria (NOPRIN) and Centre for Law Enforcement Education (CLEEN Foundation) has...

Must read

Let’s Record Zero Crime During Your Stay – Yahaya Bello Tasks New Army Commandant

Kogi State Governor, His Excellency Yahaya Bello has charged...

Our Security Template Focuses On Communal Collaboration, Honesty, Synergy – Gov. Bello

….says he doesn’t visit Abuja for solution to security...
- Advertisement -

You might also likeRELATED
Recommended to you

%d bloggers like this: