FG receives reports on revitalisation of agric sector
FG receives reports on revitalisation
of agric sector
By Jimoh Babatunde
THE four National Committees on the
revitalization of the agricultural sector in Nigeria inaugurated
last month by the Federal Ministry of Agriculture and Rural
Development on the directives of President Mohammadu Buhari have
submitted their reports.
The four committees on the
operationalization of Federal Government storage and Agro Processing
facilities Resuscitation of Cotton, Textile and Garments, strategic
Action Plan for the Development of Grazing Reserves and Stock Routes
Nationwide and Revitalization of Agricultural Extension Services in
Nigeria, made far reaching recommendations based on their terms of
reference.
For instance, the committee on the
resuscitation of Cotton, Textile and Garments (CTG) called for the
injection of N37.20 billion in the sector between 2016 and 2019 as
well as the exploitation of the existing N100Billion CTG fund
domiciled with the Bank of Industry which has now been converted to
equity.
This, the committee said will support
as working capital/retooling of operational textile mills and
resuscitation of about 80 closed mills as well as 23 closed
ginneries. The proposed N37.20billion, the committed said, should be
used to support all sections of the cotton, textile and garments
sector.
It emphasized the need for improvement
of cotton production through financial support for the Institute for
Agriculture Research of the Ahmadu Bello University to enable it
upgrade its facilities and build the capacity of staff.
It also recommended financial support
for the National Biotechnology Development Agency (NABDA)to enable it
deploy Biotechnology (BT)Cotton at confined fields at trial level
while the Institute for Agricultural Research (IAR) Introgress BT
Protein in existing varieties as well as produce of double haploid
cotton.
On cotton seed multiplication and seed
supply, the Committee recommended a virile and systematic breeder
foundation and certified seed regeneration system, while mandating
the National Agricultural seed Council (NASC) to always certify and
regulate the Cotton seed industry.
Part of the recommendation of the
committee on ginnery development was for operational ginneries to
work with Nigeria Incentive Based Risk sharing system for
Agricultural Lending (NIRSAL) and Bank of Agriculture (BOA) through
the Growth Enhancement Support Scheme (GES) to increase quantity and
quality of seed cotton and lint.
It also recommended that on seed cotton
marketing, the Agriculture Ministry (FMARD) and Ministry of Trade and
Investment (FMITT) should work closely to establish the Cotton
Corporation of Nigeria (CCN) to revive Cotton Production and
Competitiveness.
The Committee stipulated policy support
in terms of Federal, State, Local Governments and Private sector
patronage of made – in –Nigeria fabrics.
The committee on Grazing Reserves and
Stock Routes Nationwide, in its recommendations, having observed the
enormous challenges including urbanization, lack of right to land,
increased livestock production activities which have limited the
success envisaged from the various interventions, called for the
establishment of a National Programme on Grazing Reserves and Stock
Routes development; strengthening of existing conflict resolution and
prevention mechanisms.
- See more at:
http://www.vanguardngr.com/2015/08/fg-receives-reports-on-revitalisation-of-agric-sector/#sthash.UwXcdqZ2.dpuf
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