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ABUBAKAR KYARI
The Minister of Agriculture and Food Security, Abubakar Kyari, stated that the suspension of import duties on certain food items into the country will remain in effect only until the next harvest, expected around October or November this year.
The Federal Government has disclosed that the first batch sale of the 50 kilograms (kg) bag of rice for N40,000 will be directed to those in the public service before being made available to other regions of the country.
President Bola Tinubu has explained his reasons for approving the temporal suspension of import duties on selected food items into the country.
The Minister of Agriculture, Senator Abubakar Kyari, said the government of Saudi Arabia has expressed interest in setting up manufacturing factories in Nigeria for farming equipment.
The federal government will soon begin the distribution of N100 billion worth of fertilisers donated earlier by the Central Bank of Nigeria (CBN). The Minister of Agriculture, Sen. Abubakar Kyari, said the move is to prepare for the upcoming wet season farming.
The Minister of Agriculture and Food Security, Sen. Abubakar Kyari has stated that food smuggling to neighbouring countries around Nigeria is affecting food supply in Nigeria as smuggling of food across the border has become rampant.
Abubakar Kyari says FG is granting a 50% subsidy to wheat farmers in the upcoming dry season farming to ensure massive production.