Agriculture

2.4 million households to benefit from FG’s stimulus package – Presidential Aide

Published

on

2.4 million households to benefit from FG’s stimulus package – Presidential Aide

To ensure food security for citizens, at least 2.4 million households will benefit from the Federal Government’s post COVID-19 stimulus package, a presidential aide says.

Dr Andrew Kwasari, Senior Special Assistant (SSA), to the President on Agriculture, disclosed this in an interview with the News Agency of Nigeria , on Sunday in Abuja.

Kwasari was speaking against the backdrop of the number of projects anchored by the Nigerian Economic Sustainability Committee (NESC), to secure the economy against the effects of COVID-19.

NAN reports that the stimulus package would be provided through the Agric for Food and Jobs Plan (AFJP), under the Agricultural Sector of the Nigerian Economic Sustainability Plan (NESP), headed by the SSA.

The NESP, set up by President Muhammadu Buhari in March 2020, is being chaired by Vice President, Yemi Osinbajo, with members from key sectors of the economy, to forestall the effects of the COVID 19 pandemic on the economy.

“The Economic Sustainability Committee needed to be very strategic in utilising the minimal resources, overall, not only for the agriculture sector.

“So for the Agric Sector, we decided that we will use this strategy to utilise available cash to work with financial institutions, led by the Central Bank of Nigeria.

“To see how we can get stimulus packages to about a minimum of 2.4 million households or to fund 2.4 million hectares of land that will be cultivated during this 2020 wet and dry season farming,” he said.

Kwasari added that it was in a bid to answer the question – “What must Nigeria do to ensure food sufficiency in the wake of COVID-19?” that the agricultural sub-sector of NESC decided to clearly define and understand the global scenario of the pandemic.

“The Nigerian economy was already disrupted; we had lost a large share of our GDP income which comes from oil.

“So with this reduced GDP, even if there is stable food systems supply, Nigeria may not be able to afford importation of food in order to feed over 200 million people.

“Imagine then where we have both global food system disruption in productivity and output and the loss of national income from oil revenue losses.

“Then we are in a more dangerous situation,” he stated, adding that Nigeria opted for large scale food production to cushion the effects of COVID-19, due to dwindling resources.

“Nigeria has a plus in terms of a large population that can be channeled into food production, so we capitalised on it to grow food during this 2020 wet season and dry season farming,” he said.

Kwasari noted that in tackling the problem of the impending economic depression, the committee also had to increase its limited resources to reach the larger population of indigent Nigerians.

NAN reports that the households to benefit from the Agric for Food and Job Project are small scale farmers with farmlands ranging from 1-5 hectares across the 36 states of Nigeria and the FCT; and enumeration is already in progress.

Edited By: Angela Okisor/Nyisom Fiyigon Dore (NAN)

Edited By: Angela Okisor (NAN)

Short Link: https://wp.me/pcj2iU-3scF

Patience Aliyu

Patience Aliyu: NNN is a Nigerian online news portal that publishes breaking news in Nigeria, and across the world. We are honest, fair, accurate, thorough and courageous in gathering, reporting and interpreting news in the best interest of the public, because truth is the cornerstone of journalism and we strive diligently to ascertain the truth in every news report. Contact: editor @ nnn.ng. Disclaimer.

Recent Posts

Foreign Minister emphasizes Morocco’s pioneering role in immigration, the fight against terrorism and peacekeeping at the United Nations General Assembly Partnerships, special economic zones, new CSR essential for Africa’s economic diversification Bello says windows of trade between Nations will hasten dev’t Kenya: Health CS Mutahi Kagwe confirms government commitment to support primary health care MarketForce Appoints FMCG Distribution Veteran Arthur Bourekas as Commercial Director Nigeria, Turkey explore bilateral Trade, Business opportunities at Forum Liquid Intelligent Technologies Launches OneVoice for Operator Connect for Microsoft Teams, Introducing Transparent Voice Calls 2Africa extends to the Persian Gulf, Pakistan and India Masqueraders obstructing traffic flow during Yuletide risk prosecution——FRSC Yahaya Bello reprimands Chinese contractors over substandard job First Black woman to lead a political party in Canada resigns Africa’s Agric Blockchain Firm unveils Tonto Dikeh as brand Ambassador Arab Republic of Egypt Minister of Civil Aviation meets with Ambassador of the Kingdom of Bahrain in Cairo See tourism as tools for poverty reduction – FG to states United States Strengthens Public Health Emergency Preparedness and Response in Nigeria 2021 World Pharmacists Day: Garki Hospital begins deworming of 1,000 persons Local vote to challenge dominance of South Africa’s ANC — World — – Nigeria and World News Ex-NAF Chief denies transferring N66m – NEWS AGENCY OF NIGERIA FG seeks collective responsibility, increased awareness to protect rivers KOICA Alumni Association donates COVID-19 palliatives to A/Ibom community Equatorial Guinea’s mega gas hub monetizes regional resources and consolidates the country’s position as Africa’s leading cross-border gas company Armenia, Azerbaijan mourn dead on war anniversary Instagram hits pause on kids' version after criticism Handling surrendering Boko Haram terrorists in Borno Announcement of the 16 finalists for the 2021 VC4A Venture Showcase – Seed & Series A Tracks Volcano lava flow halts but many confined over toxic gas fears Senator Adeola distributes Agricultural Seedlings in Senatorial District Pageant offers special youth empowerment in showbiz HOSCON Youths Extols The Developmental Strides of President Buhari Thailand to cut quarantine for vaccinated tourists Germany’s Social Democrats win election but uncertainty beckons APC chieftain advises politicians to desist from rumour, malicious propaganda IOM restores community theater to promote social cohesion in Sabha, southern Libya Nigeria at 61: Access Bank to reward 14 customers with N1m each Rotary Club donates books to Stella Maris School, Abuja Legislative aides threaten to picket NASS over 2019 salary arrears 61st Independence : UK-based Nigerian Accountant charges citizens on country’s ownership Coronavirus – Angola: USG shares 464,090 additional doses of Pfizer Covid-19 vaccine with Angola Envoy visits Russian Varsity, makes case for stranded Nigerian students Macron hit with egg during restaurant fair visit Rwanda: Round Ups-Linked to Commonwealth Meeting China calls for limits on 'non-medical' abortions Brussels waits to see who will govern Germany Running for harmony: Morobo residents celebrate International Day of Peace Dutch PM 'targeted for kidnapping by drug gangs': reports The Ministry of Foreign Affairs strengthens the network of Finnish missions abroad and invests in measures promoting the availability of skilled labor Coronavirus: 21% of adults now fully vaccinated, as South Africa emerges from third wave Reopening – call for experts from WHO regions of Africa and South-East Asia to join the Scientific Advisory Group on the Origins of New Pathogens (SAGO) Afghan saffron boss says Taliban will not silence her UNMISS educates Twic County residents in Warrap on revitalized peace deal