Cabinet Retreat: What's Nigeria’s scorecard on agriculture?
As Nigeria’s ministers, permanent secretaries and top government functionaries wrap a two-day retreat held in Abuja to review performances and draw plans for the next three years.
Tue, 08 Sep 2020 11:42:35 GMT
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AI Generated Summary
- The interview highlighted the importance of government prioritizing agriculture as a key driver of Nigeria's economic growth. Despite the sector's resilience amid the COVID-19 pandemic, there is a lack of clear policy direction for sustainable development.
- The role of private sector collaboration was emphasized as essential for the sector's growth and success. While government initiatives like the Agri-Business and Food Job Plan are commendable, greater involvement and input from the private sector are crucial for effective implementation.
- Policy environment and recent developments such as the removal of oil subsidies and restructuring of power sector tariffs were discussed. These policy changes are seen as positive steps that could attract investments and foster competitiveness in the agriculture industry, ultimately contributing to economic growth.
Nigeria's ministers, permanent secretaries, and top government functionaries recently concluded a two-day retreat in Abuja to review the country's agricultural sector performance over the past year and strategize for the future. Emmanuel Ijewere, CEO of Best Food Farms, joined CNBC Africa's Kenneth Igbomor for an insightful discussion on Nigeria's agriculture sector. As the nation grapples with the impact of the COVID-19 pandemic, the resilience of the agricultural sector has been commendable. However, challenges remain in setting a clear policy direction and sustaining growth. Ijewere highlighted the importance of prioritizing agriculture as a key driver of Nigeria's economic growth, calling for greater government commitment and private sector collaboration to achieve food security and economic sustainability. The interview delved into the role of the sector in Nigeria's economic recovery plan, the importance of policy environment, and the impact of recent developments on the agriculture industry. Here's an in-depth look at the discussion and the key insights shared by Ijewere on the future prospects of Nigeria's agriculture sector.
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