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Nigeria must eat what we produce, agriculture is the way out – Buhari

President Buhari has advised Nigerians to adopt agriculture as a means to achieve food security and reduce food inflation by 2021.

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President Muhammadu Buhari has announced that in a bid for Nigeria to achieve food security and reduce food inflation by 2021, Nigerians must eat what we produce, as he has directed CBN not to offer FX to food importers.

The President added that Nigeria has to focus on agriculture, which is the way out of over-reliance on food importation.

READ: Buhari moves against DISCOs that collect money for prepaid meters

This was disclosed in a statement by Senior Special Assistant on Media and Publicity, Garba Shehu, after Buhari’s meeting at the Presidential Economic Advisory Council held on Tuesday at the State House, Abuja.

What the President is saying

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The President said he had ordered the Central Bank not to “give money to import food.”

  • “Already, about seven states are producing all the rice we need. We must eat what we produce. Going back to the land is the way out. We depend on petrol at the expense of agriculture. Now the oil industry is in turmoil. We are being squeezed to produce at 1.5 million barrels a day as against a capacity to produce 2.3 million. At the same time, the technical cost of our production per barrel is high, compared to the Middle East production.”

Buhari said the FG would encourage more Nigerians to return to farming.

  • “We will continue to encourage our people to go back to the land. Our elite is indoctrinated in the idea that we are rich in oil, leaving the land for the city for oil riches. We are back to the land now. We must not lose the opportunity to make life easier for our people. Imagine what would have happened if we didn’t encourage agriculture and closed the borders. We would have been in trouble.”

What you should know 

  • Nairametrics reported in September that Buhari warned the Central Bank of Nigeria against implementing any plans geared towards providing forex for the importation of “food items and fertilizers” into the country.
  • The President also ordered the immediate reopening of four of Nigeria’s land borders, after they were all shut for over a year.
  • The Federal Government announced it would soon commence all year round farming in Osun State to combat food insecurity during the dry seasons.

Affiong Williams, the Founder of food processing company, ReelFruits, told Nairametrics in September, that she did not think sending more Nigerians to the farms would increase productivity because,

  • There is very little material productivity to achieve by increasing physical labour on the farms. Productivity increases in Agriculture, which moves the needle on production output, are more impacted by things like fertilizers, mechanization, and increased technical expertise. Manual labour is no match for any of those things. To improve the output of any crop, one needs to do a lot of testing and control for so many factors to be able to arrive at the right conditions which increase productivity. Smallholder farmers do not have the resources to do this type of ‘A/B testing’ as it were and so it is very difficult to get true information and disseminate the right techniques that all of these farmers can apply.”

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2 Comments

2 Comments

  1. Adejinle Seyi Moronfade

    December 30, 2020 at 5:41 pm

    Hope the President and his household are eating what we’re producing in Nigeria?

  2. Adi

    December 30, 2020 at 6:07 pm

    Very funny,does the president and his officials eat what we produce? The answer is no, is he aware that farmers cannot go to farms due to the activities of his kinsmen? No.
    I believe this man’s sole purpose and goal is to punish Nigerians for refusing RUGA and hunger is his tool.
    All his policies are aimed at destroying what us left of a dying nation. His kinsmen are killing farmers in the North, the roads are death traps for transporting the little food, then you cannot get from outside what you cannot get inside.
    Simply put in 2021 food prices would escalate and the presidency would have succeeded in putting 100m people further down the poverty line as they promised in the next level. This is a promise kept.

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Business

Lagos to close Apapa dockyard road for Railway Modernization project

The Lagos State Government has announced the proposed shut down of the Apapa Dockyard Road for one week for construction works.

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BUS, Lagos to close Ilupeju, Jibowu-Yaba axis for railway project, Lagos shuts Ketu-Mile 12 section of Ikorodu road, outlines alternative routes, Motorists to pay N1000 penalty at Lekki-Ikoyi Toll Plaza

The Lagos State Government has announced the planned temporary shutdown of Apapa Dockyard Road from 5:00 pm on Sunday, January 17 to 5:00 am on Sunday, January 24, 2021, for construction works as part of the Nigerian Railway Modernization Project (Lagos-Ibadan).

This disclosure is contained in a statement that was issued by the Lagos State Commissioner for Transportation, Dr Frederic Oladeinde, Friday, January 15, 2021.

Oladeinde in his statement, explained that the tracks of the standard and narrow gauge lines will be laid during the temporary closure, adding that this will allow the contractors to work without any form of hindrance to meet set deadlines.

He advised motorists heading towards Naval Dockyard from Ajegunle to go through Marine Bridge to link Ijora Bridge and descend to Under Bridge (Ijora 7up) to connect through Forte Oil/Conoil Depot to the Western Naval Gate, while those coming from Ijora Olopa are to link Ijora Oloye through Under Bridge (7up).

While informing road users heading towards the Naval Dockyard from Ijora Badiya that they would be directed to ascend Total Bridge, make a u-turn under the bridge and reconnect the bridge again to descend Under Bridge (Ijora 7up) for access to the Western Naval Gate, the Commissioner said those coming from Iganmu are required to link the Naval Dockyard from Under Bridge (7up) as well.

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Oladeinde emphasized that motorists whose movement will be disrupted by the closure are enjoined to utilise the provided alternatives and follow the directives of the Lagos State Traffic Management Authority personnel assigned to minimise inconveniences along the corridors.

The Commissioner, however, appealed to the motoring public to abide by the measures put in place to ensure ease in movement despite the ongoing construction, restating that a seamless multi-modal transportation system will soon be in place to meet the needs of all residents.

What you should know

  • The Lagos-Ibadan railway is part of the Nigerian Railway Modernization project, which involves the realization of a new standard gauge railway line with connection to other states.
  • The Lagos State Government had recently temporarily closed some roads for construction work as part of the Nigerian Railway Modernization project. Some of the roads earlier closed, include those at Agege, Iganmu and so on.

 

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Lagos reaffirms that schools should reopen on January 18

The Lagos State Government has reaffirmed that all public and private schools in the state will should resume next week.

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#EndSARS: Anyone found culpable in Lekki Toll Plaza shooting would be held accountable - Sanwo-Olu

The Lagos State Government has affirmed its earlier pronouncement that all public and private schools in the state below tertiary level should resume on Monday, January 18, 2021, for the second term 2020/2021 academic session.

This clarification by the state government is coming against the backdrop of opposition from some stakeholders and uncertainty amongst parents and students on the resumption of schools.

According to a statement by the Head, Public Affairs, Lagos State Ministry of Education, Kayode Abayomi, on Friday, January 15, 2021, this affirmation was made by the state’s Commissioner for Education, Mrs Folasade Adefisayo.

The Commissioner maintained that the resumption is in line with the Federal Government’s resolution after reaching a consensus with relevant stakeholders.

Adefisayo, while welcoming all to a happy and successful new academic term, urged students and members of staff to stay safe and adhere strictly to COVID-19 guidelines, adding that schools must provide soap, wash hand basin, alcoholic hand sanitisers, thermometers, and other essential items in public and private schools across the State.

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She stressed the washing of hands, wearing of face masks, and maintenance of social distancing must be adhered to in order to avoid further spread of the virus.

She added that, “All schools must ensure strict compliance with subsisting COVID-19 requirements for school’s resumption. Administrators of both public and private schools are expected to ensure full compliance with the guidelines for school’s re-opening in their respective schools as the State’s Office of Education Quality Assurance Team will be on the ground to monitor situations in all schools across the State.’’

What you should know

  • It can be recalled that the Lagos State Government had earlier announced that all public and private schools below the tertiary level in the State should resume for the second term 2020/21 academic session from Monday, January 18, 2021.
  • The state government also advised all schools to come up with flexible plans where students and teachers who feel sick can teach or learn from home through available online platforms, adding that schools should also strive to prevent any COVID-19 infection among all students and staff.

 

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CAC says defaulting lawyers to face 2 years imprisonment for filing false documents

The CAC has stated that accredited lawyers found culpable for filing false documents will be liable to 2 years imprisonment.

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CAC to implement new technology for business registration, customers to print certificates

The Corporate Affairs Commission (CAC) has announced that any accredited lawyer found culpable for filing a false document in the course of company registration will be liable to 2 years imprisonment.

The new directive follows the relaxation of the strict requirements of the past where its officers need to compare signatures and looked at other documents to validate new filling.

According to a report from the News Agency of Nigeria (NAN), this disclosure was made by the Registrar-General of the Commission, Alhaji Garba Abubakar, at a forum with the Commerce and Industry Correspondents Association of Nigeria (CICAN) on Friday in Abuja.

What the Registrar General of CAC is saying

Abubakar in his statement said that once a document is submitted by accredited lawyers or certified secretaries (customers) on behalf of a company, the commission presumes that those documents are regular and the person that submitted has the authority to act in that capacity.

He said,

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  • If anybody makes any mistake or false declaration or submit any information that is false, that person will be liable to two years imprisonment upon conviction. We advise our customers to ensure they have proper authority to make filings on behalf of companies that engage them. If there is any wrong information or any misstatement in the document submitted, they will be held responsible.’

Abubakar also pointed out that, as part of new regulations to support the new Companies and Allied Matters Act 2020, (CAMA), the new system has placed a lot of responsibilities on the persons submitting documents on behalf of the companies.

What you should know

  • In a bid to improve on the ease of doing business, attract investment and ensure economic growth, President Muhammadu Buhari signed into law the CAMA 2020 in August 2020, to replace the CAMA 1990.
  • It should be noted that the new CAMA 2020 is not an amendment of the old act but rather a re-enactment.
  • The Minister for Industry, Trade and Investment, Adeniyi Adebayo, approved a draft regulation to support the implementation of the new CAMA in December 2020.
  • Also, CAC had given registered companies until April 1 to revalidate their various information and accounts or face sanctions.

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