Log inLog Out
For YouPoliticsEntertainmentRelationshipLifestyleSportsTechnology
Association Hails FG’s Plan To Increase Groundnut Output

Tusen

Nov. 06, 2019

The National Groundnut Producers Processors and Marketers Association of Nigeria (NGROPPMAN), has commended plans by the Federal Government to increase groundnut output to about 17.5 million metric tonnes by the end of 2025. The President of the association, Aimu Foni, gave the commendation in an interview with The Tide’s source yesterday at the end of a stakeholders’s meeting in Abuja. Foni said it had become necessary for a drastic action to be taken to restore groundnut past glory. The president of the association noted that the projection of 17.5 million metric tonnes was part of the objectives of a groundnut draft policy under review by relevant stakeholders. He said when adopted by stakeholders and approved by the Federal Executive Council (FEC), the policy would go a long way in boosting groundnut production and repositioning other value chains within the sub-sector. According to him, part of the plans by government is to improve groundnut produce to 4.9 metric tonnes per hectare by the end of 2025. “The objective of the draft policy, which is still under review, is to improve groundnut production and make it a major source of revenue generation for government. “The policy when approved, will further tackle the problem of training and extension services, critical to agricultural development. “Also, the document will help with risk management, marketing as well as competitiveness to ensure robust domestic consumption and high quality export.” The president decried that in spite being the largest groundnut producing country in Africa, the industry was grossly undeveloped in Nigeria. He also said that compared to the days of groundnut pyramid, “Nigeria is nowhere with regard to export of the commodity.” Foni said the sub-sector had been bedeviled with several challenges, including lack of credit, contamination and poor input. He said that when harnessed, groundnut would contribute greatly to revenue generation, increase foreign exchange and create job opportunity, especially for the unemployed.
Related Topics:
0
Comments
Sign in to post a message
You're the first to comment.
Say something
Recommend
Log in