Nigeria moving closer to self sufficiency in food production – Emefiele

Rice Farmers
Photo Credit: Agro Nigeria
Rice Farmers
Photo Credit: Agro Nigeria

The Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele, says Nigeria is on the verge of being self sufficient in food production.

Mr. Emefiele spoke in Isa town, Sokoto State, on Saturday when he launched the 2016 wheat planting season.

“The journey to make Nigeria self sufficient in food production, especially rice is being realised.

” This is where the country can feed itself and even have surplus for export,” he said

Mr. Emefiele also commended President Muhammadu Buhari for his ongoing efforts to diversify the nation’s economy from heavy dependence on oil revenue.

He further said that the president also deserved commendation for allowing the bank to initiate the Anchor Borrowers Programme.

Mr. Emefiele commended Governor Aminu Tambuwal for providing adequate subsidised fertilisers and other inputs to the farmers.

Mr. Tambuwal commended CBN for introducing the Anchor Borrowers Programme, saying that it had provided the needed funds to farmers in the country.

He called on the Federal Government to come up with emergency plans to purchase excess grains from the farmers.

He also said the massive exportation of grains from Nigeria portends great dangers to Nigeria’s future food security.

Also, Governor Atiku Bagudu of Kebbi extolled the programme, saying that Nigeria would be self sufficient in rice production by the end of 2016.

The Sultan of Sokoto, Sa’ad Abubakar III, also noted that the current laudable efforts of the Federal Government would lead to self sufficiency in food production.

Mr. Abubakar also pointed out that this was crucial as food security was next to nothing.

The Managing Director of the Bank of Agriculture, Danbala Danju, said that the country is facing some existential threats.

” The population of the country is growing rapidly without corresponding increase in food production,” he said.

Danju, who called for the urgent repositioning of the bank, hailed President Buhari for diversifying Nigerian economy away from oil.



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  • Iskacountryman

    the president stated that there would be famine next year…dis eboe man de blow smoke…

  • Omoba1

    When this man speak one must take the opposite intention because he always speak tongue in cheek

  • thusspokez

    Nigeria moving closer to self sufficiency in food production – Emefiele

    But then:

    “Presidency warns of impending famine in Nigeria”

    Garba Shehu, a spokesman for the President, told Pyramid radio.
    November 15, 2016Press Release

  • thusspokez

    The Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele,

    Readers would note note that this announcement was issued by the Governor of the Central Bank of Nigeria — not the minister of agriculture or planning or even the President. What next? Nigeria will be getting their banking news from the Minister of Agriculture?