Agriculture: Federal Government Says Sector Makes Huge Contribution To GDP

The Federal Government has said that the Agricultural sector is one of the critical non-oil sectors which made significant contributions to the country’s Gross Domestic Product, GDP.

President Muhammadu Buhari stated this while declaring open the inauguration ceremony of the central Bank of Nigeria, CBN’s Nigerian Brown Revolution in Kwall, Bassa Local Government of Area, Plateau state.

Buhari, who was represented by Governor Simon Lalong of Plateau at the ceremony, noted that the programme is aimed at enhancing food security, stability and boosting the wheat value chain under the Anchor Borrower Scheme.

He also stressed that the inauguration was coming at a time the 2021/2022 dry season farming was commencing which he described as significant.

The emphasised that food security could not be attained if farmers were not encouraged, adequately equipped with access to the best inputs and opportunities to learn effective agronomic practices for improved yield.

Earlier the CBN Governor Godwin Emefiele noted that wheat was the third most widely consumed grain in Nigeria after maize and rice. He said it was estimated that the country only produced about one per cent (63,000 metric tons) of the 5-6 million metric tons of the commodity consumed annually in the country.

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