July 27, 2017

Jonathan approves N10b cassava bread fund

Jonathan approves N10b cassava bread fund... NAIJA INVEST

President Goodluck Jonathan has approved N10 billion for the Cassava Bread Development Fund, Minister of Agriculture and Rural Development, Dr. Akinwumi Adesina, has said.

Adesina also announced Jonathan’s readiness to launch the Youth Employment Agricultural Programme called the “Nagropreneurs.” He added that the Jonathan will be actively involved in the programme of creating employment through value-chains of the Agricultural Transformation Agenda (ATA).

In a statement, the Deputy Director, Press and Public Relations, Greyne Anosike, said the fund is to complement the Ministry’s target for the nation to achieve food security.

“The N10billion approval is a way of encouraging us to work hard to feed the nation. The dream of being self-sufficient in food production is a task this Ministry must accomplish. No excuses,” he stressed.

Adesina challenged staff of the Ministry to work and exceed Key Performance Indicators (KPI) for the year.

“You must streamline processes and reduce transaction cost with strict budgetary provision. As desk officers, we must work to reduce cost. There are rules in soccer, but you must score within 90 minutes,” he stated.

“We must meet our rice needs by 2015 and reduce to the barest minimum our food imports. Nigeria must remain big in size, in population, food sufficiency and manpower,” Adesina added.

Jonathan approves N10b cassava bread fund... NAIJA INVEST

Jonathan approves N10b cassava bread fund… NAIJA INVEST

The CBDF originally was to be funded through import tariff on wheat flour but was not yielding expected result.

However, the fund was planned to support research and development efforts on cassava bread, training of master bakers and support for master bakers for acquisition of new equipment for production.

SOURCE

IMAGES: www.prnigeria.com / www.onlinenigeria.com

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