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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
Zulum Assures Immediate Relief Items, Dignified Resettlement of Displaced Persons in Monguno
By: Our Reporter
Borno State Governor, Professor Babagana Umara Zulum, has assured displaced communities affected by insecurity that the government is working closely with the Nigerian military hierarchy to provide immediate humanitarian and long-term support.
Governor Zulum gave the assurance when he visited displaced persons in Monguno town on Sunday, reaffirming his administration’s commitment to ensuring dignified resettlement back to their ancestral communities.
While at the IDP camp, the governor interacted directly with displaced families as women, children and elderly residents gathered around him while he listened to their concerns.
“We have examined the situation critically alongside the hierarchy of the Nigerian military, and it has been concluded that we shall provide immediate humanitarian support to these displaced communities, especially in the areas of water, shelter, and sanitation,” Zulum stated.
“Apart from this, we shall also ensure that medium and longer-term sustainable solutions are being adopted, which is acceptable to this community and their ancestral home,” he said.
“We will improve the living conditions of the displaced persons; we will not allow our citizens to endure such hardship without urgent government intervention.”
He also urged residents to cooperate with security agencies by reporting suspicious movements and activities within their communities, noting that sustaining peace and security requires collective responsibility.
“Security is everybody’s business. Communities must continue to support security agencies with timely and useful information,” the governor stated.
Governor Zulum disclosed that there are over 50,000 returnees in Marte, stressing that plans were underway to facilitate the return of more displaced persons to the town as part of the medium and longer-term solution.
He immediately directed the Secretary to the State Government, the Commissioner for Local Government, the Commissioner for Internal Security, and the Chairman of Marte Local Government Area to work out the modalities for implementing the recommendations adopted.
The governor sympathized with the people affected by the recent insecurity and reaffirmed the government’s commitment to supporting them.
As part of the visit, Governor Zulum also met with health workers at the Monguno Eye Hospital, commending them for continuing to provide medical services despite difficult working conditions and limited resources. He announced financial support to improve their welfare and encourage greater commitment to healthcare delivery in the area.
The governor also visited the Commanding Officer of Forward Operation Base (FOB) Mairari for a security brief.
Governor Zulum was accompanied by the Senator representing Borno North, Senator Mohanmed Tahir Monguno; Speaker of Borno State House of Assembly, Rt. Hon. Abdulkarim Lawan, Member Representing Marte, Monguno, Nganzai, Hon. Bukar Talba, Secretary to the state government, Bukar Tijani, Commissioner for Information and Internal Security, Prof. Usman Tar, Commissioner for Local Government and Emirate Affairs, Hon. Sugun Mai Mele, alongside other government officials.
Zulum Assures Immediate Relief Items, Dignified Resettlement of Displaced Persons in Monguno
Troops Discover Illegal Refinery Site in Rivers Forest
By: Zagazola Makama
Troops of 103 Battalion operating under the Joint Task Force South-South Operation Delta Safe (OPDS) have discovered an illegal refining site in the Orashi National Forest in Ahoada West Local Government Area of Rivers State.
Military sources said the operation was conducted between 10:30 a.m. and 9:00 p.m. on May 15, 2026, as part of ongoing anti-illegal bunkering operations in the Niger Delta region.
According to the sources, troops uncovered an illegal refining site containing one large drum oven, one reservoir, one large coolant, two receivers, two waste pits, and two galvanised pipes measuring about 50 metres each.
The site was suspected to have been used for the illegal processing of stolen crude oil and petroleum products.
The sources said the discovered items were handled in accordance with operational directives of Operation Delta Safe.
Security authorities reiterated their commitment to sustaining operations against crude oil theft, illegal refining activities and economic sabotage across the Niger Delta region.
Troops Discover Illegal Refinery Site in Rivers Forest
COAS Welfare Flight Airlifts 341 Personnel In and Out of Operation Hadin Kai Theatre
By: Zagazola Makama
The Chief of Army Staff (COAS) has conducted the second welfare flight for May 2026 in support of troops and personnel serving in the North-East theatre under Operation Hadin Kai (OPHK).
Military sources said the welfare flight was carried out on May 16, 2026, using a chartered ValueJet aircraft.
According to the sources, a total of 167 passengers were airlifted into the OPHK theatre, while 174 personnel were transported out of the theatre during the exercise.
The welfare flight initiative, introduced to support troop welfare and movement logistics, has continued to facilitate the rotation and transportation of military personnel serving in the counterinsurgency theatre.
The sources added that, with the latest operation, a cumulative total of 32,765 personnel have so far been transported into and out of the OPHK theatre since the commencement of the welfare flight programme.
Military authorities described the movement as successful and hitch-free.
COAS Welfare Flight Airlifts 341 Personnel In and Out of Operation Hadin Kai Theatre
Zulum Assures Immediate Relief Items, Dignified Resettlement of Displaced Persons in Monguno
Troops Discover Illegal Refinery Site in Rivers Forest
COAS Welfare Flight Airlifts 341 Personnel In and Out of Operation Hadin Kai Theatre
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