Connect with us

News

TINUBU ADMINISTRATION MOBILIZES HALF A BILLION DOLLARS FOR NIGERIA’SFOOD SYSTEM TRANSFORMATION – VP SHETTIMA

Published

on

TINUBU ADMINISTRATION MOBILIZES HALF A BILLION DOLLARS FOR NIGERIA’S
FOOD SYSTEM TRANSFORMATION – VP SHETTIMA

By: Our Reporter

Nigeria has mobilized over half a billion dollars for innovative, profitable, equitable and sustainable food systems transformation initiative, according to the Vice President, Sen. Kashim Shettima.

The Vice President made the disclosure while chairing a high-level meeting on the first day of the UN Food Systems Summit declared open in Rome, Italy by the United Nations Secretary General, Antonio Guteress.

Vice President Kashim Shettima said the funds were mobilised “through domestic resources, multilateral development banks, international financial institutions, climate funds leading agro-businesses,” and would be used for “Innovation finance for food system transformation; development of Nigeria’s agro value chain and Special Agro-Industrial Processing Zones programmes.”

Explaining further, Sen. Shettima said “in this event, the Government of Nigeria will be showcasing its Value Chain Development Programme (VCDP) as a unique example of a successful partnership between producers, the public sector and private operators.”

“The VCDP which is co-funded by the of Nigeria and IFAD has empowered vulnerable farmers and youth to engage into commercial partnerships with some of the biggest food processing and marketing firms in the world such as OLAM, a world leading agri-business company operating in over 60 countries with an annual revenue of about $39.8 billion,” the Vice President added.

Stating the government’s vision about ending hunger, the VP added that “building on the success of the VCDP, the Federal Government is determined to capacitate Nigeria’s rural smallholders and operators, youth and women living below the poverty line to take advantage of the new Special Processing Zones.”

On the Special Agro-Industrial Processing Zones (SAPZ), Vice President Shettima said it “brings together local governments, IFAD, AfDB, IsDB, GCF, OLAM and other private actors alongside the government of Nigeria for transformative financing of food systems that leaves no-one behind.”

While featuring in the panel discussion with the Prime Minister of Somalia, Hassan Sheikh Mohamud; Deputy President of Kenya, Rigathi Gachagua; and Prime Minister of Niger Republic, Ouhoudou Mahamadou, the VP said President Tinubu “is determined to transform the concept and meaning of modern governance” by demonstrating commitment towards the food system in the country.

According to him, “President Tinubu hit the ground running from day one of his administration, which is barely two months in office, and has therefore declared state of emergency in food security and took it as a livelihood item within the National Security Council.”

On removing impediments to economic recovery, he said “we had two albatrosses around our necks: subsidy on petrol and multiple exchange rates system.

“We withdrew the subsidy on petrol from day one, just like President Ruto did in Kenya. To mitigate the effects of the subsidy removal, the government embarked on the immediate release of grains and fertilizers.

“A commodity marketing board has been put in place to continuously review and monitor the prices of food items.”

“Along this way, the President has already approved the infusion of huge quantum of funds towards repositioning of our security architecture because we have similar problems with Somalia and Kenya, especially in the northeast and northwest regions of the country. We are repositioning our security architecture to provide support for farms and farmers.”

In attendance were the President of IFAD, Dr. Alvaro Lario, H.E. Muhammad Suleiman Al Jasser, President of Islamic Development Bank (IsDB), Vice President of AfDB, Mrs. Hassatau N’Sele, Vice President of OLAM International Mr. Reji George and Vice President, Commodity Aaliance Forum (Representative of farmers) Mrs Ejim Lovelyn.

Declaring the Summit open, the United Nations Secretary General, Antonio Guteress commended the participating countries for their commitment to addressing the problems of hunger and malnutrition.

“This is the gathering about food system. It is essentially to fulfill those basic of human rights – the right to food. It is outrageous that people continue to suffer in the world of plenty,” the UN scribe stated.

The Vice President also had bilateral meeting with the Italian Prime Minister, Giorgia Meloni. Both leaders discussed issues about the development of the two countries.

The Vice President was accompanied to the meeting by Nigeria’s Ambassador to Italy, Mfawa Abam and the Deputy Chief of Staff to the President, Sen. Ibrahim Hadejia, and other senior government officials.

TINUBU ADMINISTRATION MOBILIZES HALF A BILLION DOLLARS FOR NIGERIA’S
FOOD SYSTEM TRANSFORMATION – VP SHETTIMA

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

National Progressive Hub (NPH) Urges Support for President Tinubu’s Second Tenure

Published

on

National Progressive Hub (NPH) Urges Support for President Tinubu's Second Tenure

National Progressive Hub (NPH) Urges Support for President Tinubu’s Second Tenure

By Comrade Philip Ikodor

The National Progressive Hub (NPH), a leading support group for the All Progressives Congress (APC), has called on all Nigerians to rally behind President Ahmed Bola Tinubu GCFR for a successful second term in office come 2027.

In a statement, National Coordinator/Convener, Honorable Bukie Okangbe, praised the APC administration for its efforts towards nation-building and economic stability. Okangbe highlighted the NPH’s previous support for President Tinubu, including a National Security and Endorsement event in 2022 that contributed to the party’s successful general election outcome.

The NPH is gearing up for a Grand Endorsement event for President Tinubu’s second term, scheduled to hold on February 26th at the Musa Yaradua Center, CBD, Abuja. The event will also feature the inauguration of 36 state coordinators, including the FCT, and address critical national issues.

“We invite everyone to join us at this significant event,” Okangbe said. “Your presence will be a testament to our collective commitment to Nigeria’s progress and the APC’s vision for a better future.”

The event promises to be a landmark occasion, showcasing the NPH’s dedication to the APC and President Tinubu’s leadership.

National Progressive Hub (NPH) Urges Support for President Tinubu’s Second Tenure

Continue Reading

News

Borno: Zulum distributes farm tools, commissions school in Damasak

Published

on

Borno: Zulum distributes farm tools, commissions school in Damasak

By: Our Reporter

Borno State Governor, Professor Babagana Umara Zulum, on Sunday, distributed farm tools to farmers and commissioned a new high Islamic school in Damasak, headquarters of Mobbar Local Government Area.

Governor Zulum was accompanied by the Minister of Budget and Economic Planning, Senator Abubakar Atiku Bagudu, and the Minister of Agriculture and Food Security, Senator Abubakar Kyari.

Zulum’s agricultural intervention aimed to boost dry-season farming and enhance the livelihoods of returnees who are gradually resettling in the community.

Zulum said, “From the beginning of this administration, dry season irrigation farming was adopted as a strategic component of the state’s food security framework. Recognising the limitations of rain-fed agriculture in the context of climate variability, insecurity, and population growth, the government implemented a dual-season production strategy to ensure year-round farming.”

He added, “Today’s distribution of 1,000 solar-powered water pumps and 200 complete tubewell drilling kits build upon earlier targeted interventions in Damasak and surrounding communities, including irrigation infrastructure development, mechanisation services, farmer-training, cooperative support, and security stabilisation measures.”

He stated, “The state remains aligned with the Presidential Food Systems Coordinating Unit and continues collaboration with relevant Federal Ministries and development partners to strengthen agricultural productivity, processing, and market integration.”

At the commissioning of the newly constructed high Islamic school, Zulum noted, “the commissioning of the Higher Islamic College, Damasak, represents a major milestone in the state government’s policy to expand and modernise sangaya education across Borno State. This intervention reflects our commitment to building an inclusive education system that integrates spiritual development with academic and vocational advancement.”

“All Higher Islamic Colleges operate under the approved curriculum of the National Board for Arabic and Islamic Studies (NBAIS), enabling students to obtain O-Level equivalent certification and pursue further education where desired.”

In his remarks, the commissioner of education, Engr Lawan Abba Wakilbe, underscores Governor Zulum’s giant strides, stating, “this institution forms part of a wider education recovery and expansion programme implemented across Borno State. Under the leadership of His Excellency,”

“The state has constructed One Hundred and Four (104) Mega Schools, rehabilitated and remodelled One Thousand and Eighty-Seven (1,087) classrooms, executed major works in forty (40) additional schools, restored thirty (30) flood-affected schools, and delivered numerous classroom projects through the State Universal Basic Education Board.”

“These strategic investments have yielded measurable progress. The number of out-of-school children has declined significantly from approximately 2.2 million to fewer than Eight Hundred Thousand (800,000). Current enrolment for the 2025 academic year stands at One Million Four Hundred and Eighteen thousand two hundred and seventy-nine (1,418,279) learners, with further increases expected as Women Leader, Hajiya Fati Alkali Kakenna.

Borno: Zulum distributes farm tools, commissions school in Damasak

Continue Reading

News

Air-ground offensive foils Kukawa attack, destroys gun trucks

Published

on

Air-ground offensive foils Kukawa attack, destroys gun trucks

By: Zagazola Makama

Troops have thwarted a coordinated multi-pronged terrorist assault on positions in Kukawa after a prolonged overnight battle supported by air strikes.

Military sources said the attackers, mounted on gun trucks, motorcycles and on foot, launched the assault from multiple directions late on Feb. 20.

Troops mounted a determined defence, engaging the insurgents in intense combat that lasted into the early hours of Feb. 21 before forcing them to withdraw while dragging away casualties.

Air strikes later destroyed one gun truck and several motorcycles carrying fleeing fighters, neutralising additional terrorists.

During follow-up exploitation, troops recovered 13 AK-47 rifles, 16 loaded magazines, three handheld radios, and other items believed to have been used by the attackers, as well as evidence of casualties evacuated by the group.

One soldier was killed during the encounter, while some equipment was damaged by rocket fire. Injured personnel were evacuated and are reported to be in stable condition.

Military authorities said the coordinated operations demonstrated sustained pressure on insurgent elements and continued efforts to degrade their combat capability across the theatre.

Air-ground offensive foils Kukawa attack, destroys gun trucks

Continue Reading

Trending

Verified by MonsterInsights