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UNIFEMGA identifies problems confronting Nigeria’s agricultural sector, proffers solutions

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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

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Venezuela Solidarity Group Urges U.S. to Lift Sanctions After Deadly Earthquakes

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Venezuela Solidarity Group Urges U.S. to Lift Sanctions After Deadly Earthquakes

By: Michael Mike

The Venezuela Solidarity Campaign in Nigeria (VSCN) has called for the immediate and unconditional lifting of United States sanctions on Venezuela, arguing that the restrictions are hampering humanitarian relief and reconstruction efforts following devastating twin earthquakes that reportedly killed more than 2,000 people and displaced over 50,000 others.

In a statement issued on Sunday and signed by its coordinator, Comrade Dimeji Macaulay, the group expressed solidarity with the Venezuelan people and the Bolivarian Government, describing the earthquakes as a humanitarian tragedy that has left widespread destruction of homes, hospitals, schools, roads and other critical infrastructure.

The organisation extended condolences to families of the victims and praised what it described as the resilience of the Venezuelan people in confronting the disaster despite years of economic hardship.

According to the VSCN, the U.S. sanctions have weakened Venezuela’s capacity to respond effectively to the emergency by limiting access to financial resources and restricting the importation of medicines, equipment, technology and other essential materials.

The group maintained that maintaining the sanctions during a humanitarian crisis amounts to collective punishment against ordinary citizens and called for their permanent removal to facilitate relief operations and long-term reconstruction.

“There can be no moral or legal justification for maintaining an economic blockade against a country struggling to save lives and rebuild after a devastating natural disaster,” the statement said, adding that every day the sanctions remain in force prolongs the suffering of the Venezuelan people.

The campaign also urged the Federal Government of Nigeria to publicly support the removal of the sanctions, strengthen diplomatic relations with Venezuela and contribute to international humanitarian efforts for victims of the disaster.

It further appealed to the African Union to reject unilateral coercive measures, describing them as violations of international law, while calling on African countries to support Venezuela’s recovery.

The group equally called on the United Nations to intensify humanitarian assistance and ensure that sanctions do not obstruct emergency relief operations or reconstruction programmes.

Beyond governments and international organisations, the VSCN appealed to trade unions, youth organisations, civil society groups and progressive political movements across Africa and the wider international community to demonstrate solidarity with Venezuela by opposing what it described as economic warfare and supporting the country’s right to determine its future without external interference.

Reaffirming its commitment to the Venezuelan cause, the organisation said it would continue campaigning until the sanctions are lifted, insisting that Venezuela’s recovery should not be hindered by external political considerations

Venezuela Solidarity Group Urges U.S. to Lift Sanctions After Deadly Earthquakes

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Nigeria Condemns Killing of Two Citizens in South Africa, Warns All Options Remain Open

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Nigeria Condemns Killing of Two Citizens in South Africa, Warns All Options Remain Open

By: Michael Mike

The Federal Government has strongly condemned the killing of two Nigerian nationals in South Africa, accusing security operatives and criminal elements of targeting Nigerians amid rising xenophobic violence, and warning that it may be forced to activate “all options” if the attacks continue.

In a statement issued on Sunday by the spokesperson of the Ministry of Foreign Affairs, Kimiebi Ebienfa, the government demanded immediate investigations into the killings and the prosecution of those responsible, while expressing concern over what it described as an alarming pattern of extra-judicial killings and growing hostility towards Nigerians living in South Africa.

According to the ministry, one of the victims, Emeka Charles Iroegbu, was allegedly killed on June 28 in Sunnyside, Pretoria, by officers of the Tshwane Metro Police, who reportedly subjected him to what the government described as “gruesome interrogation techniques.”

The ministry said the same police officers were also allegedly responsible for the extra-judicial killing of another Nigerian, Nnaemeka Mathew Andrew Ekpenyong, on April 20, noting that despite the identities of the four officers being known to the South African Police Service, no arrests had been made.

It added that another Nigerian, Musa Yunana Joe, popularly known as “Big Joe,” was also shot dead in front of his shop on June 28 in Witbank, Mpumalanga, by yet-to-be-identified gunmen.

The government said the incidents occurred against the backdrop of increasing attacks on foreigners in South Africa, raising serious concerns about the safety of Nigerians and other foreign nationals.

It alleged that some individuals were deliberately portraying hardworking Nigerians as criminals in order to justify attacks against them.

“The continuing pattern of such terrible incidents is clearly evidence of complicity on the part of security operatives, especially officers of the Tshwane Metro Police, which raises the question of state responsibility under international law,” the statement said.

Nigeria also condemned recent comments reportedly made by a spokesperson of the South African Government, who allegedly asked Nigerians leaving South Africa because of ongoing xenophobic protests to disclose where illegal drugs were hidden.

The Ministry described the remarks as derogatory, unprofessional and capable of inciting hatred and violence against Nigerians.

It further criticised anti-immigrant groups, including March on March and Operation Dudula, accusing them of promoting violence and hate against fellow Africans and warning that their leaders could face regional and international criminal liability.

The Federal Government stressed that allegations of wrongdoing against any individual should be handled through lawful judicial processes rather than mob action or extra-judicial killings.

It called on South African authorities to urgently investigate the recent killings alongside other unresolved cases involving Nigerian victims and ensure that those responsible are prosecuted.

The government expressed sympathy to the families of the deceased and pledged to continue engaging South African authorities at the highest diplomatic level until justice is achieved.

It also advised Nigerians living in South Africa to remain calm, obey the law, stay vigilant, relocate to safer neighbourhoods where necessary, and avoid areas experiencing violent demonstrations while diplomatic efforts continue.

The ministry noted that numerous South African citizens and businesses operate freely and safely in Nigeria without harassment, arguing that South Africa has a reciprocal obligation to guarantee the safety of Nigerians legally residing in the country.

It warned that the continued targeting of Nigerians was unacceptable and stated that if the situation persisted, “all options remain on the table,” adding that some measures could be activated should what it described as “intolerance and apartheid-style behaviour” against foreigners continue.

The government, however, appealed to Nigerians at home to remain peaceful and refrain from retaliatory actions, reaffirming its commitment to dialogue and diplomacy in line with Nigeria’s foreign policy of African unity, brotherhood and solidarity.

The Ministry also disclosed that the evacuation of registered Nigerians from South Africa is ongoing.

Nigeria Condemns Killing of Two Citizens in South Africa, Warns All Options Remain Open

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Six Villagers Killed as Terrorists Attack Sokoto Community, Rustle Livestock

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Six Villagers Killed as Terrorists Attack Sokoto Community, Rustle Livestock

By: Zagazola Makama

Suspected terrorists have killed six villagers and rustled an unspecified number of livestock during an attack on Koludo Village in Bodinga Local Government Area of Sokoto State.

Security sources told Zagazola Makama that combined troops of the 8 Division Strike Team, 18 Field Engineer Regiment, 28 Support Engineer Regiment, and the Nigeria Police responded to a distress call following the attack at about 7:10 a.m. on Friday.

The sources said that upon arrival at the village, the security team confirmed that the attackers had invaded the community, killed six residents, and made away with livestock before fleeing.

The troops immediately launched a pursuit of the fleeing terrorists along their withdrawal routes but were forced to halt the operation after the suspects escaped into marshy terrain, which hindered further movement.

Security forces have maintained vigilance in the area while efforts are ongoing to track down the perpetrators and prevent further attacks.

Six Villagers Killed as Terrorists Attack Sokoto Community, Rustle Livestock

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