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FG plans acquiring 100,000 hectares farmlands across Nigeria

By Monsurudeen Olowoopejo,

In a bid to ensure Nigeria economy return more better than as it was before outbreak of COVID-19, the Federal Government has disclosed that plans had beem concluded to acquire 100,000 hectares of farmland per state and across the federation, so as to actualise present administration’s agriculture resolution plan.

The apex government said that the land set to be acquired would support off-take of agro-processing plan that would boost food security, create millions of direct and indirect job opportunities for citizens in the country.

The Minister of Finance, Budget and National Planning, Dr Zainab Ahmed, said that the proposed acquisition was a key strategy in Nigerian Economic Sustainability Plan (NESP) which was designed to get the country out of COVID-19 dragnet. 

Speaking at National Food Security Council meeting on Thursday, in Abuja, Ahmed disclosed that FG has other plans to rescue the country from its present challenges and that the  government would facilitate cultivation of 20,000 to 100,000 hectares of new farmland across 36 states of the federation and support off-take of agro-processing to create millions of direct and indirect job opportunities”.

The minister stressed that the federal government was not backing down on the 774,000 direct jobs earlier announced inspite of the criticism that had trailed it.

She stated that FG had concluded plans to commence construction of 300,000 homes yearly to boost jobs creation and stimulate the economy through the construction sector.

Also, the minister hinted that 25 million new users of electricity, with an average of 5million houses would be provided with power supply through installation of Solar Home System (SHS) in the country.

While briefing the president and others present at the meeting on the joint investment with the World Bank to provide intervention fund to States for health infrastructure improvement, Ahmed said that a low-interest loan scheme would be launched soon to cushion effect of COVID-19 on informal business operators.

The Minister added that the Federal Government would equally provide support to Micro, Small and Medium Enterprises (MSMEs) to help them keep their employees and boost local manufacturing.

In his presentation, the Minister of Agriculture, Sabo Nanono told the Council that the nation expects a bumper harvest of food items despite floods in the north and drought in the south.

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