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We've grain reserve deficit of 3.4 MMT – FG


We’ve grain reserve deficit of 3.4 MMT – FG
The Punch
Published 10 July 2021
The grain intervention deficit of the Federal Ministry of Agriculture and Rural Development is now 3.4 million metric tonnes, figures released by the FMARD showed on Friday.
Figures released by the ministry through its Director of Information, Theodore Ogaziechi, showed that the organisation now had a grain intervention deficit of 3.4 million metric tonnes.
The ministry stated, “The grain intervention capacity of the FMARD is just a mere 100,000 metric tonnes, which is a far cry from the recommended 3.5 million metric tonnes grain storage for a Nigerian population of about 200 millon by the Food and Agricultural Organisation of the United Nations.” ....

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Saving poultry sector with FMN, other backward integration strategies


There is increasing attention to producing agro-allied products locally to sustain food security and enhance good nutrition, especially if the talk about ending hunger and reducing poverty in Nigeria is to be achieved.
With a focus now on home-grown alternatives to achieve this purpose, it may not be long before the nation begins to witness a drive towards sustainable processes that ensures local agro-industries become pivotal to the country’s entire agricultural value chain.
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Experts have reiterated that meticulous and phased implementation of the Backward Integration Policy (BIP) of the Federal Government would not only boost local content utilisation, import substitution but also enhance job creation potentialities of agro-allied industries, increase the Gross Domestic Product (GDP) and ensure food security and industrial growth. ....

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