Since taking office, President Muhammadu Buhari has asserted that he has contributed to the creation of over 13 million direct and indirect jobs in the agricultural sector.
Goldennewsng reports this was made public by Buhari during an interactive session that was co-hosted by the International Republican Institute, the National Endowment for Democracy, the United States Institute of Peace (USIP), and the International Foundation for Electoral Systems.
The President stated that the Central Bank of Nigeria (CBN)’s targeted interventions in the agricultural sector have made Nigeria a self-sufficient rice producer instead of a net importer.
“The establishment and operation of our fifty integrated rice mills have been financed by the same scheme.”
It has also provided financing for over 4.5 million small-scale farmers, ensured the cultivation of nearly 6 million hectares of farmland, and funded nearly 700 large-scale agricultural projects.
“Over 13 million direct and indirect jobs have been created as a result of this agricultural revolution.”
Additionally, Buhari stated that Nigeria was better prepared to deal with the systemic shock brought on by COVID-19 and the Russia-Ukraine war on global food supply because of his administration’s focus on the agricultural sector.
“The non-oil sector remains the future of our economy, and I hope that subsequent governments will build on the successes we have achieved under my direction.”
You will concur with me that the conflict between Russia and Ukraine has forced numerous economies to implement policy changes and reforms in order to meet the conflict’s challenges.
“In this regard, we are now focusing more on energy transmission and distribution through focused collaboration with global companies like Siemens to increase our power value chain efficiency.”
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