Security: NASS wants increase in budgetary allocation for agricultural sector

Date:

By Christiana Ekpa

The joint Committee on Agricultural Production and Services of the National Assembly has advocated gradual increase in budgetary allocation to agriculture to ensure food security in the country.

They made the call after presentation by the Minister of Agriculture and Food Security, Senator Abubakar Kyari at the 2025 budget defence held by the Committee on Wednesday.

In his remark, the Chairman,Senate Committee on Agriculture Production Services and Rural Development, Senator Saliu Mustapha said that, Nigeria must fund the agricultural sector by allocating more resources to address food insecurity.

He however noted that, the 2025 allocation to the sector was appreciable and a sign that things will get better in no distant future.

He said, “The allocation of about 4.2% of the total budget to the agricultural sector in 2024 was a positive development, at keeping with the commitment Nigeria made in the Maputo Declaration to commit at least 10%.

“This is a significant improvement for Nigeria’s economy and the future of its agricultural sector.The effort is commendable and the President is called upon to do more.

READ MORE  Gowon at 80, a steadfast icon of Nigerian history - Jonathan

“In the year 2024, the sector, despite the climate change and insecurity in the nation, contributed significantly to the Nigerian’s economy.This is emphasized from the report by the National Bureau of Statistics, which reported an initial growth of 0.18% in the year 2024.

“I assure you of our readiness and commitment to work assiduously and pass the 2025 budget that will reposition the agricultural sector in line with the President’s Renewed Hope Agenda.

“I must commend the effort of Mr. President, President Bola Ametinu, and the executive on the attempt of repositioning the agricultural sector, and the concerted effort to return it as the mainstay of the Nigeria’s economy”.

In a brief remark, the Chairman, House Committee on Agricultural Production and Services, Rep. Bello Kaoje who concurred with his Senate counterpart said that, the Agricultural sector is key to all sectors of the economy hence it cannot be ignored.

READ MORE  17 police officers die of coronavirus in Peru

According to him, the sector needs all the attention it deserves to help the country address it’s food security challenges which he said will spur development.

On the other hand, a member of the Committee, Senator Adamu Aleiro lamented that, Nigeria is yet to meet the allocation of 10 percent of the National Budget to agriculture in order to meet the threshold of the Malabo declaration.

He said, after listening to the Minister’s presentation, he was surprised that there is a very serious reduction in the allocation to the agriculture ministry which he said holds the key for food security in this country.

He said, “Your co-mandate is to ensure massive production of food for the country. And you know very well that in the next eight to ten years, Nigeria is going to be the third largest country in the world in terms of population. Only after China, India, the next country will be Nigeria.

READ MORE  Begging Europe-born Nigerian players to play for Super Eagles is counter-productive - Onigbinde

“With this allocation coming to the agricultural sector, how do we cater for the huge population that is going to come up with this kind of allocation coming to the agricultural sector?

Mr. Chairman, distinguished colleagues, I think there is need for both the House of Representatives and the Senate to make a very strong recommendation.

The House of Representatives has made a very strong recommendation to the Appropriations Committee for an upward review of this allocation. The reduction of 2 percent, honestly, is alarming. I would expect an increase from 4 percent to 6 or 8 percent in line with the declaration we made at Maputo or Malabo or wherever.

Never miss a moment! Get the stories shaping Nigeria, delivered straight to your phone. Follow Peoplesdaily Newspaper on WhatsApp for breaking news, exclusive reports, and the headlines everyone will be talking about, before anyone else.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

10m poor Nigerians benefiting from CCT have no phones — APC chair

The National Chairman of the All Progressives Congress, Prof...

EFCC gets 20,000 public corruption petitions yearly — Olukoyede

The Economic and Financial Crimes Commission receives more than...

FG moves to close free zone loopholes, protect legitimate investors

The Federal Government has moved to tighten Nigeria’s Special...

ADC Youth Leader, Chieftain Defect to APC in Sokoto Ahead of 2027 Polls

From Bashir Rabe Mani in Sokoto The Sokoto State Youth...