Nigeria has achieved 75% sufficiency in rice production, says agric minister

Dr Mohammad Abubakar, the Minister of Agriculture and Rural Development says the nation has achieved 75 per cent self-sufficiency in rice production through sustained investment in the value chain.
Mr Abubakar made this known at the Rice Value Chain Validation workshop tagged: “Strengthening the Rice Value Chain in Nigeria” on Thursday in Abuja.
Represented by Usman Bashir, Deputy Director, Rice Value Chain, Federal Department of Agriculture, he said rice value chain had been the focal point of the agricultural transformation of President Muhammadu Buhari’s administration through sustained investment and other development partners.
He said the ministry had developed and launched the National Rice Development Strategy (NRDS) 11 from 2021 to 2026 in collaboration with partners to serve as a framework for the development of the rice sub-sector in the country.
According to him, the NRDS is a private sector driven initiative aimed at leveraging the linkages between the public and private sector to provide an impetus for the transformation of rice value chain through innovation and sustainable investment.
He said the measure was to achieve a competitive value chain capable of producing the rice commodity of high quality and affordable for the Nigerian population and export.
Mr Abubakar said the ministry had provided critical support to strengthen each segment of the commodity value chain through research and innovation by affiliated institutions.
According to him, the institutions have the mandate of the development of improved varieties and new farming technologies for rice crops among others.
Mr Abubakar, however, said that in spite of the
giant strides made by the country in the sub-sector, there were gaps that needed urgent attention by all stakeholders to achieve a set objective of self-sufficiency.
“The gaps include lack of comprehensive data on all key indices and players in the sub-sector, provision of affordable mechanisation services for increased efficiency and productivity.
“Access to affordable and quality inputs such as fertiliser, seeds and pesticides, access to flexible financing among others.
“Tackling these challenges will require a concerted effort by all stakeholders in the rice value chain through constructive interaction,” he said.
The President, Rice Farmers Association of Nigeria (RIFAN), Aminu Goronyo, assured that the association would partner with the financial sector to address all challenges bedevilling the industry.
Represented by Muhammad Alibaba, his special assistant, Mr Goronyo identified finance as key, adding that successes recorded in rice production were achieved through the CBN anchor borrower programme.
He, however, called for effective, sustained, and easily accessible financing in order to take advantage of all the challenges affecting business opportunities.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

Politics
Festus Keyamo steals photos of Chicago festival to boost Tinubu’s Sokoto rally
It was not the first time the controversial senior lawyer faced embarrassment for sharing fake images for political propaganda online.

Politics
Vote for us, Labour Party won’t give excuses, Peter Obi tells Nigerians
Mr Obi said this at the LP Mega Rally in Abuja urging Nigerians to hold them responsible for a better and new Nigeria.

Politics
APC guber aspirants boycott primary rerun in Taraba
Mr Yusuf, who represents Taraba Central at the National Assembly said the planned rerun was in contrast to the apex court ruling.

Sport
Ronaldo reaches new career high; puts four past Al-Wehda to lift Al-Nassr atop Saudi league
Cristiano Ronaldo has now scored a hat trick in each of the last 14 years while taking his total career scoring tally to 824 goals.

NationWide
Buhari regime approves licences for 67 new broadcast firms
The NBC boss appealed to licensees yet to pay their outstanding debts to settle the dues immediately.

Economy
Sell-offs in Zenith, NB, GTCo, others drop market capitalisation by N36 billion at NGX
The market’s weak performance was primarily driven by selloffs in stocks of Zenith Bank, Geregu, Nigerian Breweries and Guaranty Trust Holding Company (GTCo).