Agriculture Can Take Nigeria Out Of Recession – CIBN Chairman

FILE PHOTO: Rice Farm
Want create site? Find Free WordPress Themes and plugins.

Mr Abdulraheem Yusuf, the Chairman, Kwara chapter, Chartered Institute of Bankers of Nigeria (CIBN), on Wednesday, said the Federal Government’s agriculture intervention programme could take the country out of recession.

Yusuf, who gave this hint while speaking with the News Agency of Nigeria (NAN) in Ilorin, added that the effective management of exchange rate could equally take the country out of recession.

He therefore called on Nigerians to ensure that they added value to agriculture in all its ramifications in order to earn foreign exchange.

“With food production and reduction in the level of corruption and unemployment, the government can get us out of the situation we have found ourselves,” he said.

Yusuf said that the government also needed to police the borders more effectively to reduce smuggling.

According to him, smuggling is harmful to the economy because people are making sacrifices to produce for export as well as for local consumption.

“Regrettably, people still smuggle goods, so effective policing of our borders through the custom officers will help a lot to encourage local production,” he said.


Related Posts
FG, Adamawa To Vaccinate 4m Cattle – Commissioner
Dr Isa Salihu, Adamawa Commissioner for Livestock Development, confirmed that the state government in collaboration with the Federal Government aims to vaccinate about four million cattle. Salihu, who made this known ...
READ MORE
GMO Maize. PHOTO: euobserver.com
An Agriculture and Biotechnology expert has described as false the claim that the proliferation of genetically Modified Organisms (GMOs) will wipe out natural crops. Mr Yarama Ndirpaya, acting Director, Partnership and ...
READ MORE
Why Does Nigeria Import So Much Rice?
A long line of customers queue along a glass divide separating them from a rice food station at an eatery in Lagos, Nigeria. Diners can choose between white rice, fried ...
READ MORE
Ministry of Agriculture and Rural Development Inaugurates Ministerial SERVICOM Committee
The Permanent Secretary, Federal Ministry of Agriculture and Rural Development, Dr. Shehu Ahmed has inaugurated the SERVICOM Committee of the Ministry. Inaugurating the committee, the Permanent Secretary expressed satisfaction with the ...
READ MORE
Nigeria’s Rice Farmers Enjoy Growth Amid Economic Crisis
Agriculture has been a beneficiary of steps to counter effects of dollar shortage Young men, ageing widows and local chiefs — even civil servants — have taken to the fields to ...
READ MORE
Macro of dry organic soya beans
Plans are in top gear by the Nigeria Agricultural Quarantine Service (NAQS) to get the European Union EU lift its ban on exportation of beans from Nigeria to its member ...
READ MORE
IITA modified simple motorised weeders, being used on a cassava field in Ibadan.
Small-scale farmers in Africa now have enough reasons to smile; with the invention of Gasoline powered simple weeders, adapted for clearing in cassava farms, to reduce the burden of weeding. Initially ...
READ MORE
Gil Gullickson
The Monsanto Sobsidiary Aims To Nearly Double Paid Subscriptions In 2017. The top corn yield in the 2015 National Corn Growers Association yield contest tallied 532 bushels per acre. Meanwhile, ...
READ MORE
Herdsmen
The new National President of the Nigerian Veterinary Medical Association (NVMA), Dr Godwin Abonyi have lined out processes the association will take to assist government end the lingering crisis between ...
READ MORE
FILE PHOTO: Rice Farm.
BUA Rice Milling Company, Kano, has in fulfillment of its commitment to boost rice farming, offered a non interest loan of improved rice seeds, pump machines and other tools worth ...
READ MORE
FG, Adamawa To Vaccinate 4m Cattle – Commissioner
GMO Will Not Wipe Out Traditional Crops, Says
Why Does Nigeria Import So Much Rice?
Ministry of Agriculture and Rural Development Inaugurates Ministerial
Nigeria’s Rice Farmers Enjoy Growth Amid Economic Crisis
Nigeria Seeks Reversal Of EU’s Ban On Beans
Simple Motorised Weeders Lessen Cassava Farmers’ Burden
The Climate Corporation Expands Digital AG Footprint
How We Plan To Assist Govt End Herdsmen/Farmers
2,000 Rice Farmers Benefit From BUA Interest Free
RELATED POST
Did you find apk for android? You can find new Free Android Games and apps.

Leave a Reply

Be the First to Comment!

Notify of
avatar
wpDiscuz