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Home»Food & Agriculture»FG should raise funding for agriculture – Expert
Food & Agriculture

FG should raise funding for agriculture – Expert

Expert calls for substantial rise in government funding for agriculture
EditorBy EditorFebruary 23, 2024Updated:February 24, 2024No Comments2 Mins Read
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Agriculture expert and Managing Director of Agrorebirth Company, Mr. Titilayo Adebanjo, has called upon both federal and state governments to substantially increase their annual allocations to agriculture to enhance food production.

Adebanjo appealed during an interview in Epe on Friday. He said that increased budgets for the agricultural sector would boost food production and reduce economic hardship.

Adebanjo added that governments should encourage farmers to sustain interest in farming and encourage more Nigerians to go into farming.

“Farmers need to be supported with inputs, easy access to loans and land preparations.

“The hardship being encountered by farmers is not encouraging, as some are quitting the venture which adversely affects food supply.

“Most farmers have invested heavily on agriculture without realising profits, and they find it difficult to reinvest due to financial constraints.

“Our governments are doing their best but need to invest more in the agricultural sector.

“We have to practicalise the cliché of ‘no farmer, no nation’ which translates to no food,” he said.

ALSO READ: VIEWPOINT: How farmers are frustrated; manufacturers laugh to banks, as fertilizer costs soared in 2022

ALSO READ: Smallholder farmers foundation of Nigeria’s agricultural sector – FG

He urged governments to motivate the youth to embrace farming.

 He said that equipping young farmers with modern farming tools and techniques would encourage them.

“The old farming methods are still being applied in many areas, discouraging the youth.

“Governments should support farmers with modern equipment to make the venture attractive and less stressful.

“They should ensure that farmers access inputs – fertilizers, agrochemicals, and seedlings, among others – to enhance food production,” he said.

Adebanjo said that a well-developed agricultural sector would save any nation from hunger and starvation.

“Governments should invest heavily in the agricultural sector and attract more local and foreign investors to boost food supply,” he said.

NAN

Agriculture Food funding Government
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