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

One killed, three injured as gunmen attack Plateau community in reprisal over livestock incident

Published

on

One killed, three injured as gunmen attack Plateau community in reprisal over livestock incident

By: Zagazola Makama

Gunmen suspected to be Fulani bandits have killed one person and injured three others in an attack on Shonong community in Bachi District, Riyom Local Government Area of Plateau State, in a sustained reprisal attack linked to an earlier livestock-related incident.

Security sources said the attack occurred at about 8:40 p.m. on April 19 when the armed men invaded the community and opened fire on residents.

The sources said the assault was believed to be in retaliation over the killing of nine livestock in the area, an incident that had heightened tensions between farming and herding communities in the locality.

Troops of Operation Enduring Peace (OPEP) deployed in the area reportedly came under fire while responding to the attack and engaged the assailants in a gun duel, forcing them to withdraw after a heavy exchange of fire.

Reinforcement teams were later deployed and moved into the community to stabilise the situation and restore order.

According to the sources, the attackers killed a woman identified as Mrs Fibi Solomon, while three others — Mr Solomon, Master Jacob Solomon and Miss Jacobeth Solomon — sustained gunshot wounds.

The injured victims were evacuated to the General Hospital in Riyom for treatment, alongside the remains of the deceased.

Troops also rescued 12 civilians comprising three men, six women and three children, who were relocated to nearby Fang village for safety.

Security sources added that troops had intensified pursuit operations to track down the fleeing attackers, while the general area remained calm but tense.

One killed, three injured as gunmen attack Plateau community in reprisal over livestock incident

Continue Reading

News

Yobe: Baba Malam Wali paid condolences to Senator Mustapha

Published

on

Yobe: Baba Malam Wali paid condolences to Senator Mustapha

By: Yahqya Wakili

The immediate past secretary to the Yobe State Government, Alhaji Baba Malam Wali mni, today paid a condolence visit to Senator Musa Mustapha, senator representing Yobe East in the National Assembly, following the death of his mother-in-law, the late Hajiya Fatima Mustapha Jibrin.

This was contained in a statement issued and signed by his press secretary, Alhaji Shuaibu Abdullahi, made available to newsmen in Damaturu, the state capital.

During the visit, the former secretary to the state government, Baba Malam Wali mni, offered prayers for the peaceful repose of the deceased’s soul.

He urged the bereaved family to bear the irreparable loss with fortitude, noting that death is inevitable and a path that every mortal must take.

Hajiya Fatima Mustapha Jibrin passed away yesterday, Thursday, 16th April 2026, in Damaturu, the Yobe state capital. She was buried the same day in accordance with Islamic injunction.

Baba Malam Wali further prayed to Almighty Allah SWT to forgive the shortcomings of the late Hajiya Fatima, have mercy on her, and grant her Al-Jannatul Fiddausi as her final abode.

Yobe: Baba Malam Wali paid condolences to Senator Mustapha

Continue Reading

News

Troops Foil ISWAP Attack Attempt in Guzamala

Published

on

Troops Foil ISWAP Attack Attempt in Guzamala

By: Zagazola Makama

Troops of Sector 3 Area of Responsibility have foiled an attempted attack by suspected ISWAP/JAS terrorists on Forward Operating Base (FOB) Mairari in Guzamala Local Government Area of Borno State.

Sources said the incident occurred at about 1329hrs on April 19, when the terrorists attempted to infiltrate the base through Charlie/Delta Company axis.

The attackers, operating with two gun trucks, were sighted advancing toward the entrance gate of Mairari town along the Gajiram axis.

Troops immediately engaged the advancing terrorists, forcing them to abandon their mission and retreat.

Following the encounter, troops dominated the general area with patrols, while air support was also deployed and hovered over the vicinity. However, no further terrorist presence was observed after the exchange.

Security sources said exploitation and clearance operations are ongoing to prevent regrouping and to secure surrounding communities.

Troops Foil ISWAP Attack Attempt in Guzamala

Continue Reading

Trending

Verified by MonsterInsights