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TINUBU ADMINISTRATION MOBILIZES HALF A BILLION DOLLARS FOR NIGERIA’SFOOD SYSTEM TRANSFORMATION – VP SHETTIMA
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
Buni commends Balarabe for his humanitarian contributions in Yobe
By: Yahaya Wakili
Yobe State Governor Hon. Mai Mala Buni CON, COMN, has commended the Managing Director/Chief Executive Officer of Sologuru Nigeria Limited, Alhaji Abdullahi Balarabe DJ Nguru, for his extraordinary humanitarian contribution to the reconstruction and modernization of Rugar Balarabe in the Nguru local government area of Yobe State.
Governor Buni made the commendation in a letter of appreciation personally written by him to Balarabe DJ, saying, “Your selfless decision to transform the site of the burnt Fulani settlement into a state-of-the-art community is a landmark achievement in private philanthropy.”
According to Buni, the comprehensive nature of the facilities provided, including modern two-bedroom residences, a functional clinic, a community mosque, solar-powered boreholes, and full solar electrification for both houses and streets, is truly commendable.
“By donating these essential amenities entirely free of charge, you have not only restored the dignity of the displaced families but have also significantly advanced our administration’s rural revitalization agenda,” Buni said.
“Your forward-thinking approach to sustainable infrastructure sets a high standard for civic leadership in Yobe State, and I thank you for your unwavering patriotism and commitment to the welfare of our citizens.
He revealed that it is my hope that your generous spirit serves as an inspiration to others.
Buni commends Balarabe for his humanitarian contributions in Yobe
Troops neutralise 16 terrorists, recover cache in Borno ambush
By: Zagazola Makama
Troops of Joint Task Force North-East (JTF-NE) under Operation Hadin Kai and Operation Desert Sanity V have neutralised 16 suspected terrorists during an ambush in Borno State.
Zagazola learnt that the operation was carried out by troops of Sector 1 in conjunction with members of the Civilian Joint Task Force (CJTF), Hybrid Forces and local hunters.
According to the sources, the ambush was sprung at about 8:10 p.m. on Sunday at Komala Exchange Point, following a failed attack on Auno and credible intelligence on the movement of the same terrorist logistics elements.
“The troops, working with CJTF and other local components, successfully neutralised 16 terrorists and recovered a cache of arms, ammunition and logistics items,” the source said.
Items recovered from the scene included 62 wrappers, 76 pairs of shoes and slippers, 18 bicycles, 275 sachets of detergent, 50 packs of sweets, assorted local fragrances, milk sachets, vaseline, washing soap, groundnuts, seasoning, fruit drinks, palm oil and groundnut oil, mats, spaghetti, thread, matches, cups and spoons, sieves, flour, salt, bicycle tyres and equipment, sugar, cosmetics, local herbs and a cooler, among other items.
The sources said the recovered items were believed to be logistics supplies meant to sustain terrorist elements operating in the area.
Troops neutralise 16 terrorists, recover cache in Borno ambush
Bandits injure four in Maradun, Zamfara
By: Zagazola Makama
Four people have been injured following an armed bandits’ attack on Kaya Faru Village in Maradun Local Government Area of Zamfara State.
Sources said that the incident occurred on Feb. 10 at about 6:00 p.m.
According to the sources, the attackers shot and injured one Bello Yari and three others before fleeing to their hideouts.
“On receipt of the report, operatives visited the scene, and the injured victims were rushed to the General Hospital, Talata Mafara, for medical treatment,” the sources said.
Bandits injure four in Maradun, Zamfara
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Troops neutralise 16 terrorists, recover cache in Borno ambush
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