President Bola Tinubu has emphasized the importance of creating a sustainable environment for investment opportunities in Agriculture to strive in Africa to achieve food security in the continent.
Tinubu said this at the High-Level Meeting on “Attracting investments in Land Restoration, Food Systems, and Rural Transformation in Africa”.
It was organized by the African Union Development Agency-New Partnership for Africa’s Development (AUDA-NEPAD) Nigeria on the sidelines of the 78th session of the UN General Assembly in New York.
The event was organized by AUDA-NEPAD Nigeria Secretariat in collaboration with its counterpart AUDA-NEPAD Continental.
The event was aimed at exploring innovation solutions, investment opportunities, and partnerships to enhance productivity, resilience, and sustainability in African agriculture, focusing on smallholder farmers.
Tinubu, who was represented by Sen. Abdulaziz Yar’dua, Chairman of the Senate Committee on Nigerian Army, stressed the need for smallholder farmers in Nigeria and the continent at large to access financing to boost farming.
Tinubu also lamented the impact of poor governance and insecurity on agriculture in the continent.
“In Africa today one of the biggest factors inhibiting agricultural practices is the issue of poor governance by our fellow states, which has taken its toll on so many developments in Africa.
“It’s important to highlight this point because most of the inhibiting factors, I believe, are manifestations of this poor governance.
“And this has led to conflicts and political instability in most of Africa or some of the African countries.
“These regions that are affected by these conflicts and political instability, of course, cannot be said to be able to have any agricultural activities because this will disrupt it and it will lead to food insecurity,” he said.