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FG trains Ebonyi yam farmers on new production technique

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The Federal Government has trained 20 yam farmers in Ebonyi on new production technique known as the “sackbag’’ yam production.

The training, which was organised by the Federal Ministry of Agriculture and Rural Development (FMARD) was held in Abakaliki on Wednesday.

The News Agency of Nigeria (NAN) reports that farmers were drawn from the 13 local government areas of the state.

NAN also reports that other key stakeholders in agriculture attended the training.

Alhaji Muhammad Nanono, the Minister of Agriculture and Rural Development in his speech, noted that the innovation was aimed at promoting all year yam production to ensure food security.

He said that the training would equip the farmers with the relevant skills needed to enhance yam production through the use of the innovation.

The minister, represented by Chief William Obasi, a director in the ministry in charge of Ebonyi office, said that the farmers were selected for the training due to their contribution to food production in the country.

Nanono said that those trained would step down the training to the grassroots.

“You are selected to be apostles of the new technology where we grow yams in bags, every farmer, everybody, even if you are landless, you will have an opportunity to grow yam in your compound if it is properly ventilated.

“We are here to train our yam farmers in Ebonyi on this new innovation so as to make yam farming a good business.

“We want to make food available for our population and reduce food insecurity, we want to engage our farmers and youths positively through the training,’’ Nanono said.

He urged them to make judicious use of the knowledge received from the training and retrain others.

The minister enjoined the participants to take advantage of the opportunity to address food insufficiency and food insecurity in the nation.

Earlier, Mrs Karim Babangida, a director in the ministry in a keynote speech noted that food security was the most important form of guaranteeing the sovereignty of a state.

The director, represented by Dr Perpetua Iyere-Usiahon noted that guaranteeing food security also required the security of farmers who were saddled with the responsibility of feeding the teeming population of over 200 million people.

She said that in most developing countries such as Nigeria, agriculture was an essential sector considered as the backbone for rural economy as many relied upon it for survival.

“Food insecurity and unemployment remain pressing problem in many parts of Africa with malnutrition identified as primarily being caused by food insecurity.

“Clash between hunger and malnutrition is not caused by insufficient food, instead, it is because certain categories of individuals and households do not have adequate access to food.

“Food insecurity affects both humans and livestock, an attempt for herders to seek for feed for their livestock has led to clash between them and farmers,’’ she said.

Babangida noted that clash, if not well managed could escalate to greater crisis, stressing that it was on that basis that the Federal Government was promoting yam production through the use of sack to ensure food security and address insecurity.

She explained that the innovation had made it possible for all year round production of yams and allowed for the use of small spaces in and around the homes.

“Nigeria is listed by the Food and Agriculture Organisation (FAO) as one of the 20 countries where acute hunger is expected to soar, we must do everything to avert this prediction.

Meanwhile, Iyere-Usiahon, the yam desk officer in the ministry told newsmen that the innovation involved planting of yam of any specie in bag filled with soil and kept anywhere around the home.

She noted that any variety of yams could be planted using the technique which is also allowed for all seasons planting.

One of the participants, Mr Shadrack Nkwuda commended the Federal Government for the initiative, noting that the innovation would boost yam production in the state. (NAN)
Rabi’u Sani Ali

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Business & Economy

Tinubu Welcomes Nigeria’s Removal from FATF Grey List, Pledges Continued Financial Reforms

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President Bola Ahmed Tinubu
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President Bola Ahmed Tinubu has welcomed the removal of Nigeria from the Financial Action Task Force (FATF) grey list, describing it as a major milestone in the nation’s economic reform and global credibility drive.

The FATF, the world’s foremost body for combating money laundering, terrorist financing, and proliferation financing, announced Nigeria’s delisting on Friday at its plenary session in Paris, France.

The decision formally removes Nigeria from the list of countries under increased monitoring, following the nation’s successful completion of its FATF Action Plan after over two years of sustained reforms and inter-agency coordination.

In a statement issued by his Special Adviser on Information and Strategy, Bayo Onanuga, President Tinubu said the development reflects Nigeria’s progress in strengthening its Anti-Money Laundering and Counter-Financing of Terrorism (AML/CFT) framework.

“Rather than treat our placement on the grey list in 2023 as a setback, we saw it as a call to action,” the President said. “This delisting is a strategic victory for our economy and a renewed vote of confidence in Nigeria’s financial governance.”

The President credited the achievement to far-reaching legal, institutional, and operational reforms implemented under his administration through the Nigerian Financial Intelligence Unit (NFIU), in collaboration with the Attorney-General of the Federation, the Minister of Finance and Coordinating Minister of the Economy, and other key ministries.

Tinubu commended the Director/CEO of the NFIU, Ms. Hafsat Abubakar Bakari, and her team for their diligence and professionalism, as well as the contributions of several ministries, agencies, and private sector representatives who participated in the National Task Force on AML/CFT.

He also acknowledged the support of international partners including France, Germany, the United Kingdom, the United States, the United Nations, and the European Commission, for their technical assistance throughout Nigeria’s reform process.

President Tinubu assured that his administration will sustain and deepen the reforms that led to the country’s delisting.

“This is not just a technical accomplishment,” he said. “It marks the beginning of a new chapter in our financial reform agenda as we continue building a system Nigerians and the world can trust.”

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Lagos Tops 2024 State Revenue Ranking with ₦1.26 Trillion — NBS Report

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Lagos State has retained its position as Nigeria’s highest internally generated revenue (IGR) state in 2024, according to a new report released by the National Bureau of Statistics (NBS).

The report, published on Monday via the NBS X handle, revealed that the 36 states and the Federal Capital Territory (FCT) collectively generated ₦3.6 trillion in 2024, marking a 49.7 per cent increase from ₦2.43 trillion recorded in 2023.

Lagos led the chart with ₦1.26 trillion, followed by Rivers with ₦317.3 billion, and the FCT with ₦282.36 billion. Ogun and Enugu States completed the top five with ₦194.93 billion and ₦180.5 billion, respectively.

The bottom five states on the list were Adamawa (₦20.29 billion), Taraba (₦17.46 billion), Kebbi (₦16.97 billion), Ebonyi (₦13.18 billion), and Yobe (₦11.08 billion).

Other states that made the top 10 include Delta (₦157.79 billion), Edo (₦91.15 billion), Akwa Ibom (₦75.77 billion), Kano (₦74.77 billion), and Kaduna (₦71.57 billion).

The NBS noted that the sharp increase in overall IGR reflects growing fiscal efforts by states to boost their internal revenue base amid declining federal allocations.

 

 

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FG Launches Free Financial Education Programme for 100,000 Youths 

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The Federal Ministry of Youth Development, in partnership with Investonaire Academy, has commenced registration for a nationwide financial education programme designed to train 100,000 Nigerian youths annually in financial literacy, entrepreneurship, global trade, and investment.

In a statement signed by Omolara Esan, Director of Information & Public Relations, the Ministry said the initiative reflects its commitment to equipping young Nigerians with the skills to navigate today’s complex financial landscape, enhance employability, and foster sustainable wealth creation.

The programme will provide participants with exposure to global asset classes, including commodities, gold, equities, and foreign exchange, as well as training in risk management, portfolio development, and wealth-building strategies.

Successful candidates will receive industry-recognised certificates to support career advancement and entrepreneurial opportunities. Training will be delivered via an interactive Learning Management System (LMS), incorporating gamified learning, simulations, quizzes, and real-life trading scenarios. Physical sessions will begin in Abuja before expanding nationwide.

The programme is open to students, NYSC members, entrepreneurs, job seekers, and young professionals across Nigeria’s 36 states and the FCT.

Registration is free and currently ongoing via www.investonaire.org.

 

 

 

 

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