Minister For Agriculture Abubakar Kyari Blames Buhari Administration For Lack Of Planning In Wet Season Cultivation

Minister For Agriculture Abubakar Kyari Blames Buhari Administration For Lack Of Planning In Wet Season Cultivation....KINDLY READ THE FULL STORY HERE▶

The Minister of Agriculture, Food, and Security, Abubakar Kyari, has raised concerns about the scarcity of food in the nation during his appearance before the Senate on Friday, February 9. Kyari highlighted the lack of planning for Wet-season cultivation by the outgoing government as a major contributing factor to the current challenges……….CONTINUE READING

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Kyari explained that the nation is grappling with issues of both affordability and availability of food, attributing some of these challenges to the enduring impact of the COVID-19 pandemic on the agricultural sector. He pointed out that unforeseen events such as the floods in 2021 and 2022, as well as the Naira redesign of 2022-2023, have further complicated the situation. The sudden policy change regarding the Naira during the 2022 harvest adversely affected the availability of cash, creating financial constraints for farmers.

The Minister emphasized the crucial role of access to capital for farmers and lamented the lack of government intervention in planning for wet-season cultivation in 2023. This oversight, coupled with the absence of cash for farmers, significantly impacted the quantity of harvest in 2023, leading to an ongoing scarcity of food.

Additionally, Kyari highlighted the unintended consequences of the strengthening of the CFA currency in neighboring countries relative to the Naira. The significant disparity in exchange rates has made Nigerian food products comparatively cheaper in the region, resulting in widespread unlawful transportation of goods through unguarded borders. Kyari disclosed that the current exchange rate of one CFA being equivalent to N2.20, as opposed to N400-N500 a few years ago, has led to undocumented exports and smuggling activities across porous borders.

In response to these challenges, the Minister outlined the need to ramp up food production to meet the demands of Nigeria’s 230 million people. However, he acknowledged the dilemma of balancing internal food security with the economic implications of the current exchange rate dynamics. Kyari suggested that if the situation persists, the government may have to consider options such as sealing the border or expanding production to cater to other African nations. The ongoing efforts to secure food for the nation remain a top priority amidst the complex economic conditions.

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Source: Bushradiogist