Nigeria to launch N59.7 billion Youth-In-Agriculture Scheme

NIGERIA TO EMPLOY MORE YOUTH INTO AGRICULTURE

The Director-General, International Institute of Tropical Agriculture, IITA, Nteranya Sanginga, on Sunday said the Federal Government would launch N59.7 billion Youth-In-Agriculture Scheme in September.

Mr. Sanginga, who disclosed this in an interview with the News Agency of Nigeria in Ibadan, said the scheme would be sponsored by the federal government and the African Development Bank, AFDB.

The director-general said IITA would train those enrolled in the scheme, adding that beneficiaries would be trained on how to make agriculture a business with good networking.

“The programme tagged “Enable Youth Empowerment Agribusiness programme, will engage youths in agribusiness for 18 months to enable them learn how to make agric business plan.

“Each will be given between 25,000 US Dollars and 300,000 US Dollars as loan to start a business.

“EATING IS A RIGHT”- AFDB PRESIDENT

EATING RIGHT QUALITY AND QUANTITY FOOD IS A RIGHT...............Agro Nigeria

The President, African Development Bank (AfDB), Dr. Akinwumi Adesina has emphasized that food, in quantity and quality, is the right of every human being, noting that what is most important is the safety of the belly.

Adesina who disclosed this at the just concluded conference on agriculture and agribusiness with the theme “Feeding Africa” held in Dakar, said Africa is ready to molt agriculture in a commercial enterprise – a transformation that requires the diversification of the agricultural sector.

The AfDB President is convinced that “Africa has to be the breadbasket of the world, however in order to achieve this, she must release her full potential and make a radical transformation of agriculture.

Adesina stated that according to estimates, the bill for food imports in Africa totaled US $ 35 billion annually. This he said should encourage Africans to develop her agricultural sector and dedicate the budget devoted to food imports to something else.