Monday, June 8, 2026
Freedom Online
  • Home
  • News
    • Foreign
    • Crime
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates
No Result
View All Result
Freedom Online
  • Home
  • News
    • Foreign
    • Crime
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates
No Result
View All Result
Freedom Online
No Result
View All Result

FG to save N127b on wheat import

Freedom Online by Freedom Online
October 23, 2013
in Agriculture, Business, News
0

The Federal Government will cut down wheat importation by 20 per cent and save over N127 billion from its annual wheat import bill of over N635 billion as from 2014.

Minister of Agriculture, Mr. Akinwumi Adesina, disclosed this in Lokoja at a two-day training workshop on cassava bread organised for Master Bakers from the North Central zone.

He said the government had concluded plans to implement its policy of 20 per cent substitution of wheat with cassava flour in bread production, to reduce the bill.

 

akinwumi_adesina

The minister, represented by Mrs Toyin Adetunji, his Technical Adviser on Cassava Value Chain, said the policy was expected to save Nigeria over N127 billion.

He said the Master Bakers’ training was part of measures aimed at developing cassava industry, create jobs and boost the income of the people.

Adesina said the policy was also aimed at diversifying the country’s economic base from oil to non-oil sectors.

According to him, with a production capacity of 40 million metric tonnes per annum, Nigeria is the largest producer of cassava in the world, with Brazil, Thailand and Indonesia trailing.

“The challenge to us as a nation is that Thailand, which is the third largest producer of cassava, controls over 80 per cent of the world market of cassava starch. Hence, there is need for us to play our role as a leading producer nation.’’

The minister said that President Goodluck Jonathan had approved N10 billion as cassava bread development fund.

He said that the training, which currently had a total of 770 master bakers across the six geo-political zones, was expected to train a minimum of six bakers from each local government area of the country.

In their separate remarks, Mr Dare Arotiba, the ministry’s coordinator of Agriculture Transformation Agenda (ATA) in Kogi State, and Mr Simeon Abanilo, Chairman, Master Bakers in the state, commended the initiative of the Federal Government.

 

 

 

Previous Post

Two docked for murder of Customs officer

Next Post

Germany and France united in fury over U.S. spying accusations

Next Post

Germany and France united in fury over U.S. spying accusations

Second World War plane crashes, kills two

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

https://freedomonline.com.ng/wp-content/uploads/2026/04/VID-20260408-WA0025.mp4
https://freedomonline.com.ng/wp-content/uploads/2025/01/5aeac180-db4e-4e7c-bd37-07ddbf15b053.mp4

Popular Stories

Plugin Install : Popular Post Widget need JNews - View Counter to be installed

Latest Stories

AbdulGaniyu Ambali: 1957 – 2026, by Kunle Akogun

June 8, 2026

Bank of Industry wins Dual Honours at EMEA Finance Awards for Sustainability and Social Impact Leadership

June 8, 2026
Iyabo Obasanjo

Iyabo Obasanjo quits APC, accuses leadership of maltreatment, insincerity

June 8, 2026
Abacha

28 years after: Day Sani Abacha became history

June 8, 2026
Mrs. Adegoke John-Paul and the twin sons

Sharafadeen Alli: Those connecting me to Adelabu’s sister’s abduction ‘irresponsible’

June 7, 2026

How Sanwo-Olu is selling Lagos as Africa’s gateway for investment, by Olumide Iyanda

June 7, 2026
Babachir Lawal

Atiku: Babachir Lawal going bunkers ‘possibly from abuse of booze’

June 7, 2026
Freedom Online

© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.

Navigate Site

  • Home
  • News
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates

Follow Us

No Result
View All Result
  • #13921 (no title)
  • Advert Rates
  • APC ad
  • Archive Sitemap
  • Contact
  • Contact Us
  • Documents
  • Full Width
  • Homepage
  • Ogun State
  • Ogun State banner ad
  • P-A
  • P-A2
  • Privacy policy
  • Sample Page
  • Sample Page
  • Submit an article
  • Welcome

© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.