Agriculture Is Critical To Job Creation, Industrialisation – Adesina

The President of African Development Bank, Mr. Akinwunmi Adesina, has urged African leaders to develop the Agricultural sector, saying it would make industries strive and create more jobs.

He made this known during an interview on Channels Television’s Business Morning on Wednesday.

Adesina, who was also a Minister of Agriculture, during the Jonathan Presidency said, “Africa must industrialise its Agricultural sector. If you look at the cocoa today, Africa produces 75 per cent of all the cocoa beans in the world.

“But the size of the chocolate market is $100bn and Africa’s share of that market is only two per cent. It makes no sense and so, the price of cocoa you know will always decline whenever the price of chocolate and the price of cotton that we produce a lot of lot of it decline.

“But never will the price of textile or garments or the price of coffee but you are also a big producer of will find it decline. Have you ever been to Starbucks and they tell you that the price of brewed coffee has actually gone down?” he questioned.

Reiterating his call for the continent to revamp its Agricultural sector, he added, “What we got to do is to actually industrialise the Agricultural sector. I am a firm believer in the fact that the time to do that is now.

“If you look at Nigeria where I come from, you take a look at the North of the country where we have a lot of security challenges, you look at the Northern Kenya and Mali where they have a lot of problems, what do you have in common?

“What we have in common is what I call a triangle of disaster. And a triangle of disaster basically is, whenever you find it following three factors you have terrorists operating, first extreme rural poverty.

“Second, you also have high level of rural employment among young people. You also have areas where you have climate and environmental degradation. Anywhere you find these three factors I call disaster triangle, you also find terrorists operating.

Traditional Rulers Join Anambra State’s Economic Diversification Drive

Traditional Rulers on Anambra's economy
Obi of Onitsha, HRM Alfred Achebe

The Anambra State Council of Traditional Rulers say they are determined to contribute their quota in efforts to break the bounds of mono-economy and shift focus to a broadly creative, self-generating and diversified economy in the state.

The monarchs are optimistic that the step taken by the Council would enable them meet the varied needs of their various communities and that of the entire state population.

It was a decision made at their fifth annual seminar held at their Secretariat Complex within the Government House in Awka, the Anambra State capital in southeast Nigeria.

The theme of the discourse was “Diversification of the Nigerian Economy; a Sine Qua Non for Sustainable Socio-Economic Stability and Growth”.

Mechanised And Commercial Agriculture

Addressing the assembly, Governor Willie Obiano, represented by his deputy, Nkem Okeke, proposed industrialisation and agriculture, as the solution to the challenges of depreciating currency, dwindling national Gross Domestic Product and the sharp rise in the suffering of Nigerians.

Mr Okeke, who commended the organisers for their choice of the theme, highlighted the efforts of the government in agriculture.

He reiterated the commitment of the government to pursuing mechanised and commercial agriculture, saying that huge investment has been made in establishing industrial farms in over five communities in the state.

In their various remarks, the former Governor of Anambra State, Dr. Chukwuemeka Ezeife; as well as the Chairman of the Council and Obi of Onitsha, Alfred Achebe, urged the people of the state to develop interest in agriculture and investment.

The Obi of Onitsha further called for conscious effort to be made by all traditional rulers of the 179 communities, to ensure that their subjects key into the vision of the state government in the area of agriculture and industrialisation.

Herdsmen, Farmers Conflict: Buhari Orders Military Deployment To Restive Communities

herdsmen, farmers conflict in NigeriaNigeria’s President, Muhammadu Buhari, has ordered the deployment of the military to states currently battling to contain conflicts between farmers and Fulani herdsmen.

The deployment is part of measures to end the scourge that had claimed several lives and affected farming activities in the affected states.

According to a spokesman for the President, Garba Shehu, there is a plan to map out grazing areas which has been presented to the governors of the states.

Mr Shehu was a guest on Channels Television’s breakfast programme, Sunrise Daily on Monday.

Visit To China

President Muhammadu Buhari being received at the airport in China

On the President’s visit to China and expected gains, he said that Nigerians were anticipating a huge infrastructural development as part of the successes made during the visit.

While giving his opinion on the investments secured by the Nigerian government, Mr Shehu expressed the belief that it was the $6 billion expected foreign investments  secured in the course of the visit, was the biggest feat.

He further explained that China wanted to take Nigeria through how to achieve industrialisation.

“They want to take four (maybe) towns in the country and they want to use them as models for specialised kind of production. That’s how they started their own.

“Something is already happening for instance with Ogun State (the Free Trade Zone), I believe that the Governor of Ogun State, in the course of this trip, signed not less than six agreements and there are even more that are coming,” the President’s spokesman said.

Mr Shehu added that “there will be massive improvement of the infrastructure, using the investment that is coming from China”.

He stressed that a lot of these companies were expected to come in.