Home

By Maureen Onochie, Nov 29 2017
Indian farmingThe Managing Director of the Nigeria Incentive-based Risk Sharing system for Agricultural Lending (NIRSAL), Mr Aliyu Abdulhameed, has said the nation’s agricultural sector is yet to actualise its full potentials due to paucity of funds.
He disclosed this in Abuja at the first Annual NACCIMA-NIRSAL Agribusiness and Policy Linkage Conference themed: “Implementing the Agriculture Component of the Economic Recovery Growth Plan (ERGP), held yesterday.
According to him, poor funding is a threat to government's Economic Recovery and Growth Plan (ERGP) initially aimed to increase the agricultural annual growth from 2011-2015 output of 4.1 percent to 8.3 percent by December 2020.
Abdulhameed said NIRSAL was created by the government to share the risk in the agricultural sector but hopes that funds will be voted into the sector to give it a boost.
According to him, Nigeria has all the natural resources to boost agriculture, adding "but we lack the full capital to actualise these opportunities."
He noted that the aim of NIRSAL was to raise "commercial bank lending and other investments from 3 percent as it is today to about 10 percent by the year 2026; we want to see how we can mobilize up to six billion dollars annually into the Nigerian agribusiness sector.’’
Declaring the conference open, wife of the Vice President, Mrs Dolapo Osinbajo urged the private sector to collaborate with financial institutions to enable the sector get a boost and successfully achieve its aim in ensuring robust food production across the country.
"The president, Rice Farmers Association of Nigeria (RIFAN) said that Nigeria's rice production has increased. He attributed this increase to the Federal Government's anchor borrower’s programme,” she added.
She said the success recorded in the sector so far was as a result of the collective effort put together by all the relevant stakeholders in the agricultural sector including the farmers.
She however called for a stronger collaboration among stakeholders to answer the call of Nigerians who are daily asking for means to feed themselves and get meaningful employment opportunities.
In her remark, Mrs Alaba Lawson, President, NACCIMA called on all stakeholders to tap into the sector because the market for agricultural services is very huge.
"We organised this conference which is aimed at maximising agricultural productivity by increasing public awareness of the potentials in agriculture. This is also to generate new commercial agricultural technologies that meet local market needs while advocating for improved data collection and evidence-based reporting and monitoring to evaluate the progress of agriculture promotion policy," she said.
https://www.dailytrust.com.ng/poor-funding-hindering-agricultural-growth-nirsal-md.html

happynewyr

Messages to Farmers

  • Apply fertilizer wisely to avoid wastageAttend trainings on fertilizer use and application
    Early purchase of fertilizer saves money
  • Obtain quality fertilizers from reputable suppliers especially FEPSAN members
  • Store unused fertilizer away from children, fire, rain and entry of foreign material.
  • Form groups/associations to benefit from group/association dynamics.
  • Allow your crops to fully mature to get quality and values
  • Report adulterated fertilizer to the appropriate authority

Upcoming Events

  • 5th Addis Agrofood Agriculture, Agricultural Machineries, Food, Food Technologies and Packaging Exhibition, Date: 08-11 December 2017, Venue: Addis Ababa, Ethiopia. Read more
  • Developing Private Sector Agro-Input Markets – Designing and Implementing Targeted Subsidy Programs, Date: February 19 - 23 2018, Venue: Kampala, Uganda. Read more
  • Argus Africa Fertilizer 2018, Date: 26-28 February, 2018, Venue: Addis Ababa, Ethiopia. Read more
  • Improving Fertilizer Quality for Highly Productive Agriculture and Balanced Nutrition, Date: March 19 - 23 2018, Venue: Arusha, Tanzania. Read more

Mission

To provide a platform for the stakeholders in the public and private sectors of the fertilizer industry to develop effective public private partnerships in order to ensure timely supply of adequate quantity and quality fertilizers; and to promote professional, moral and ethical practices in the industry.

Vision

Attain improved productivity and environmental sustainability of Nigerian Agriculture through balanced and judicious use of fertilizers....Attain improved productivity and environmental sustainability of Nigerian Agriculture through balanced and judicious use of fertilizer...................................................................................................................................................................................................................................................................................................................................................................................................................................................................

Contact

2nd Floor Bank of Industry Building
18 Muhammad Buhari Way, Kaduna, Nigeria.
Mobile: +234 (803) 3174409
This email address is being protected from spambots. You need JavaScript enabled to view it., This email address is being protected from spambots. You need JavaScript enabled to view it.

2nd Floor Bank of Industry Building 
18 Muhammad Buhari Way, Kaduna, Nigeria. 
Mobile: +234 (803) 3174409...................sssss