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UNIFEMGA identifies problems confronting Nigeria’s agricultural sector, proffers solutions
UNIFEMGA identifies problems confronting Nigeria’s agricultural sector, proffers solutions
By: Michael Mike
For Nigeria to get on the right trajectory to agricultural development and food sustainability, she needs to overcome the challenges of limited finance, high cost of power generation, limited storage facilities, inadequate market information, among others.
These challenges were identified by Obafemi Awolowo University Muslim Graduates Association (UNIFEMGA) at a one-day third agricultural conference organised by the Ogun state Chapter of the association in Abeokuta.
it was resolved that to get it right as a country, all the factors listed must be adhered to.
At the Conference, whose theme is: Agricultural Entrepreneurship and Development: Access to finance and funding opportunities”, it was resolved that to get it right as a country, all the factors listed must be adhered to.
UNIFEMGA noted with concern that corruption has been the main factor affecting the Nigerian economy and until it is vigorously tackled, the country will not make any progress, while adding that interventions and aids which could have helped the sector only come as crash programme and never consistent.
According to the foremost Muslim Alumni, natural occurrences such as flood which could lead to famine must also be taken into consideration for Nigeria to move forward in the agricultural sector.
In the communique issued at the meeting, also identified national insecurity and mistrust, banditry, kidnapping for ransom, the Boko Haram insurgence were recognized as some of the factors responsible for the reluctance of financial institutions to provide credit for agriculture venture as it poses a great financial risk and therefore attracts high interest rate that is mostly unaffordable to agriculture entrepreneurs.
The communique read: “Corruption is the bane of our economy and until we drive it out from all the sectors of the economy, we are going nowhere as a nation. The challenges confronting Nigeria as a nation among others are lack of modernisation/mechanisation, market volatility, limited finance, tax and duties laced with inconsistencies by government, high cost of power generation.
“Project interventions and aids come as crash programme and is not consistent. Natural phenomena are very difficult to cope with and manage because of the negativities such as flood which wash away farm settlements and which may result in famine. So also is national insecurity and mistrust, banditry, kidnapping, Boko Haram insurgence, etc.
“The presence of these challenges are responsible for the reluctance of financial institutions to provide credit for agriculture venture as it poses a great financial risk and therefore attracts high interest rate that is mostly unaffordable to agriculture entrepreneurs. With less than 5% of banks’ credit granted to the sector, finance from traditional banks remains a major challenge to agriculture development in Nigeria.
“In order to bridge the gap within the agriculture credit market, financial institutions like Lotus Bank has a critical role to play by developing areas around the value chain through product financing, financing of farm inputs, financial advisory and financial literacy. Financial institutions must understand that whatever financing option to adopt must be mutually beneficial,” the Communique added.
The conference advised entrepreneurs to take advantage of Lotus Bank, where there are financing for the purchase of inputs for crop production such as seedlings/seeds, fertilisers, insecticides, manual sprayers, for the acquisition of farm machinery, of working capital needs through forward purchase of agriculture produce, for infrastructure development such as farm house and warehouse as well as equity partnership on agriculture venture.
While calling on those who want to embrace agriculture as business to have sound knowledge of the sector through mentorship and research, he urged government and policy makers to show sincerity of purpose in addressing the multiple challenges facing the Nigerian economy so that people are encouraged to put in their best.
“Government policy must not be anti- people and innovation as we have in most situation in Nigeria where upcoming local business are brutally killed by multiple unexplained heavy financial demands from government agencies.”
Participants at the conference include the former minister of Agriculture, Alhaji Najeemdeen Adewale, UNIFEMGA BOT Chairman, Alhaji Rafiu Ebiti, Prof. Sabur Adesanya, former Olabisi Onabanjo University Vice Chancellor and chairman of the occasion as well as National President of UNIFEMGA, Alhaji Abdulfattah Olanlege.
Others were the duo of the guest speakers ,Alhaja Kafilat Araoye , MD/CEO of Lotus Bank, Prof. Jimoh Farinde from OAU Ile-Ife, Mr Tairu Olarenwaju, the chairman of UNIFEMGA Ogun state,representatives of various chapters of UNIFEMGA, other stakeholders in agricultural business, among several others.
UNIFEMGA identifies problems confronting Nigeria’s agricultural sector, proffers solutions
News
Troops repel insurgents, neutralise suspected informant in Borno
Troops repel insurgents, neutralise suspected informant in Borno
By: Zagazola Makama
Troops of Operation Hadin Kai have repelled suspected insurgents and neutralised a suspected informant during operations in Ngamdu area of Borno.
Military sources said the action followed signals intelligence indicating that suspected Boko Haram elements were massing.
At about 2:30 a.m. on Feb. 18, troops carried out a fire mission on the identified area, forcing the insurgents to disperse and abort their suspected plan.
Shortly afterward, at about 3:45 a.m., troops engaged and neutralised a suspected insurgent informant who attempted to breach the trench defensive position in Ngamdu.
Sources said the troops immediately conducted a search of the surrounding area after the encounter but made no further contact with fleeing suspects.
Troops repel insurgents, neutralise suspected informant in Borno
News
Yobe: Troops Disperse Terrorists, Arrest Five Suspected Arms Smugglers
Yobe: Troops Disperse Terrorists, Arrest Five Suspected Arms Smugglers
By: Zagazola Makama
Troops of Operation Hadin Kai have disrupted a suspected terrorist gathering and arrested five suspected arms smugglers during separate operations in Yobe State.
Security sources said that at about 6:21 p.m. on Feb. 17, troops conducted a fire mission following credible intelligence that terrorists were converging in large numbers on motorcycles at Mangari, about 10.6 kilometres from the location of the 135 Special Forces Battalion in Buratai.

The swift action forced the insurgents to disperse in disarray, effectively disrupting their suspected plans.
In a separate development, troops of the Forward Operating Base (FOB) Potiskum apprehended five suspected arms smugglers and abductors at about 4:30 a.m. on Feb. 18 at a checkpoint along the Gombe–Potiskum road.

Those arrested included a 41-year-old suspect, Baba Abare, who was found in possession of an AK-47 rifle, alongside four others identified as Idris Zakari, 33; Nasiru Aliyu, 25; Abdullahi Sulaiman, 35; and Mohammed Idris, 34, all said to be indigenes of Potiskum town.

The suspects were intercepted in two Golf Wagon vehicles bearing registration numbers Borno NGL-506XA and Kaduna DKD16-01.

They were disarmed and handed over to appropriate authorities for further investigation.
Yobe: Troops Disperse Terrorists, Arrest Five Suspected Arms Smugglers
News
Ward Congress: Bayelsa APC Group Condemns Marginalization Of Sylva’s Supporters, Call On Party NWC, Tinubu To Intervene
Ward Congress: Bayelsa APC Group Condemns Marginalization Of Sylva’s Supporters, Call On Party NWC, Tinubu To Intervene
The Bayelsa State Chapter of the All Progressives Congress (APC) Grassroot Movement (BSAGM), has expressed deep dissatisfaction over the State Governor, Senator Douye Diri biased, marginalized conduct of the party ward congress in the state.
Condemning in strong terms the APC ward congress conducted on Wednesday, 18th of February, 2026, the group described the process as witch-hunt of a selected group of stakeholders and leaders in the party.
A statement issued on Thursday by the group’s spokesman, Mr John Peremobowei, condemned the governor’s deliberate segregation of key stakeholders in various wards geared towards generating division.
Some APC stalwarts through their followers have expressed profound dissatisfaction on the social media over segregation and non-inclusion of critical stakeholders who stood firmly as an opposition in building the “Hausa party” in Bayelsa State.
They stated that Governor Douye Diri’s failure to conduct an all inclusive APC congress in various wards across the state; which is his first assignment as party leader after defection, has proven beyond a shadow of doubt that the governor is incapable to manage affairs of the party in the state.
The group said “Governor Diri who could not manage insignificant affairs of the Peoples Democratic Party, PDP leading to Mr George Turnah factional leadership in Bayelsa, has transferred the same attitude from the PDP to the APC barely four months of defection.
“The governor whose administration and leadership depend, and feed on propaganda, rumours, gossip from subordinates without investigation before making decisions, obviously cannot build, neither maintain the APC–as he couldn’t manage the PDP.
“Senator Diri leadership of division, propaganda to incite leaders against other leaders, can’t build people like he was deliberately built by the likes of former President Goodluck Ebele Jonathan, GCFR, Chief Timi Alaibe, Senator Seriake Dickson and others.
“Diri is a Supreme Court Governor who has never had grassroot support due to failure to manage people from his days in house of representatives, senate till date as governor, and the Bayelsa APC is in trouble because he can’t build neither maintain a party.”
The group said the governor who was a financier of Atiku-Okowa PDP presidential ticket, and worked so hard against President Ahmed Bola Tinubu in the 2023 presidential election, defected to the APC for fear of prosecution by the anti-corruption agencies over misappropriation.
Governor Diri who has been receiving over thirty-four billion naira and above on a monthly basis from the federation account since the inception of President Bola Tinubu administration, was caught by the United States interpol with huge amount of money early 2025.
The group’s spokesman cried out to the APC National Working Committee, President Bola Tinubu for immediate intervention, saying followers/loyalists of the former governor and minister, Chief Timipre Sylva were sidelined in the ward congress in various wards across the state, describing it as witch-hunt.
“Sylva with the support of loyalists brought APC to Bayelsa, and fought so hard to build, and strengthen the party as an opposition, and today, he is unjustly marginalized in the party.
“Despite undeserved exclusion in the party congresses, we the steadfast supporters of Chief Timipre Sylva will stand firm in galvanizing support for President Bola Tinubu re-election.
“We have stood firm in APC even as an opposition in the state, but can’t relent now that it is the ruling party.
“We call on President Bola Tinubu to intervene, as he did in Rivers, and call Governor Douye Diri to order–as his actions are targeted towards generating division in the party.
Ward Congress: Bayelsa APC Group Condemns Marginalization Of Sylva’s Supporters, Call On Party NWC, Tinubu To Intervene
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