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Nigerian President Muhammadu Buhari bans giving of Foreign exchange currency from Central Bank to food and fertilizer importers

Nigerian President Muhammadu Buhari bans giving of Foreign exchange currency from Central Bank to food and fertilizer importers and instead empower local  farmers and producers.

”We have a lot of able bodied young people willing to work and Agriculture is the answer
I am pleased to note that many Nigerians are taking advantage of the immense opportunities in the agriculture and agri-business sector. I want to assure you that this Government will continue to support these initiatives and many more to come.
On the issue of security, to protect agricultural investments and boost confidence to our farmers we have deployed thousands of Agro-Rangers
We are integrating rural communities to the formal economy by extending access to credit and inputs to rural farmers, and building feeder roads. We have also invested in building our strategic grain reserves in recent year
 
While key actors in the Nigerian Agric space are championing increased hectares under cultivation, it has become very necessary to pivot our attention and resources to how we can improve yield per hectare. We must ensure this.
 
We are grateful to all our farmers for their hard work. We will continue to do everything to support them, including those impacted by the recent flooding disaster. Already, we are working to ensure the losses from this wet season are replaced in the coming dry planting season.”
 
He made these remarks at the National Food Security Council (NFSC) Meeting on September 10th 2020.
 
While chairing a meeting of the National Food Security Council yesterday he said the government noted the devastating impact of recent floods on the progress has been made so far. He sent condolences to the victims of flooding and their families.
The President reiterated that Food security remains at the forefront of his administration’s agenda.

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