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Rice Farmers Urge FG not to Re-open Borders

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Rice Farmers Urge FG not to Re-open Borders

The Kano State Chapter of the Rice Farmers Association of Nigeria (RIFAN) has called on the Federal Government not to reopen the country’s borders for rice importation.

The Kano State RIFAN chairman, Alhaji Abubakar Aliyu, made the call during a press briefing in Kano, on Tuesday.

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The chairman said that opening of the borders would be suicidal to Nigeria’s economy and only people with bad intentions towards the achievement recorded by the present administration would make such suggestions.

He added that the recent increase in the price of rice paddy in the country has been attributed to some middle parties who created an artificial paddy scarcity in the nation.

“Rice farmers produced a reasonable quantity of paddy during the last dry season, but there are some financially viable middlemen who neither grow nor mill rice but they are buying and hoarding paddy.

“They have big warehouses stocked with paddy thereby creating an artificial scarcity in the market which resulted in the hike of rice price,” he said.

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Agriculture & Nigerian Economy

Senate to Debate Petroleum Industry Bill October 20

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The Senate will on Tuesday, October 20, 2020, debate the petroleum industry bill forwarded by President Muhammadu Buhari to the national assembly last week.

The Senate will on Tuesday, October 20, 2020, debate the petroleum industry bill forwarded by President Muhammadu Buhari to the National assembly last week.

The disclosure was made in an announcement by the Senate President, Ahmad lawan.

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According to Lawan, early debate on the petroleum industry bill is expected to avert any delay in consideration, resulting from the upper chamber’s decision to suspend plenary for one month to enable ministries, departments, and agencies of government defend their respective budgets for the year 2021.

Lawan added that the critical piece of legislation, after the debate on the floor by lawmakers, would then pass for second reading and be referred to the joint committees on petroleum; and gas for further legislative work.

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Agriculture & Nigerian Economy

Buhari Gives Breakdown of N13TN 2021 Budget

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BUHARI GIVES BREAKDOWN OF N13tn 2021 BUDGET

President Muhammadu Buhari on Thursday presented the proposed 2021 budget of N13 trillion to the National Assembly.

According to the President, the budget termed budget of Economic Recovery and Resilience will address key economic issues as the country tries to recover from the impact of the coronavirus and the oil price drop.

President Buhari while giving a breakdown of the budget says the 157 percent increase in capital allocation to health was to cater to facilities’ maintenance as well as procurement of vaccines and hospital equipment.

While voting N35.03b in favour of basic health care provision funds out of the N484.49 billion provided for statutory transfers in the 2021 budget, the president emphasized that it was an improvement over the revised 2020 provision.

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He was also optimistic that the capital allocation to health would further accommodate other relevant projects needed at the primary healthcare level.

In a similar vein, the president announced that the sum of N380.21 billion has been earmarked for the Ministry of Health as 2021 recurrent allocation for payment of salaries and overheads in ministries, departments, and agencies.

According to him, it was part of the federal government’s efforts to enhance national security and human capital development.

He lamented that preparing the 2021 budget in a pandemic was quite challenging following the negative impact it had on the health sector and the economy as a whole.

While soliciting the support and cooperation of the lawmakers, the president urged them to expedite action for speedy review and passage of the 2021 budget.

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Agriculture

Nigerian households experienced food insecurity in August-NBS

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68% Nigerian households experienced food insecurity in August

The National Bureau of Statistics (NBS) has revealed that Sixty-eight per cent of Nigerian household population witnessed different degrees of food insecurity ranging from moderate to severe in the month of August.

“The food security situation in Nigeria remains precarious, even as the lock down restrictions continue to be loosened.

“The share of households experiencing moderate or severe food insecurity remained high at 68 per cent in August 2020.

“About one in four households were indebted prior to the pandemic, while nearly a third have taken out new loans since the onset of the pandemic,” NBS said in the report.

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Nigeria is currently witnessing one of its most acute food crises in years, food inflation having hit its 29-month high of 16% in August .

Farmers in some parts of the north taking stock of losses from seeing flood submerging their Rice plantation, one of the major imports the country has barred in an effort to develop local sufficiency.

Recall that in September, President Muhammadu Buhari put the stopper on foreign exchange aimed at facilitating all food imports into the country in furtherance of his sometimes extreme interventionist policies in food production, a policy shift that could push the inflation figure for September, higher.

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@Africa CDC

The African Union and Africa CDC will virtually rollout the Partnership to Accelerate COVID-19 Testing (PACT) in Africa tomorrow 4 June, 2020 at 11.00 am Eastern Africa Time.

The African Union and Africa CDC will virtually rollout the Partnership to Accelerate COVID-19 Testing (PACT) in Africa tomorrow 4 June, 2020 at 11.00 am Eastern Africa Time.

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"Also found worthy of honour was Bashir Abubakar, an Asst Comptroller-General of Customs, who rejected a bribe of $412,000 per container offered him by drug traffickers seeking to bring 40 containers of Tramadol into Nigeria. A fine example of incorruptibility, worthy of emulation"

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