Thursday, October 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

Nigeria spends N600bn annually on food importation – Official

Freedom Reporter by Freedom Reporter
December 12, 2013
in News
0
Share on FacebookShare on TwitterShare on Whatsapp

riceThe Special Adviser on Agriculture and Food Security to Osun State Governor, Mr Festus Agunbiade, on Wednesday said Nigeria spends over N600 billion annually to import food items.

Agunbiade said this in his key note address on the second day of the “Farmers Festival and Agric Show 2013” in Osogbo.

The forum was organised by the Ministry of Agriculture for farmers in the state.

According to him, Nigeria is ranked the largest importer of frozen fish and the second largest importer of rice, spending about N356 billion on two million metric tonnes of milled rice annually.

He said that “Nigeria is boosting the economy of countries where these importations are made, whereas we have vast agriculture potential to cater for our food needs.”

Agunbiade said the huge sum of money spent on importation should be invested in farming while the government could substitute food importation with domestic food production to create jobs.

He said such an option would significantly boost domestic food production in the country.

The aide said such a move, apart from creating employment opportunities for Nigerians in the agricultural sector, would equally boost the cash income of local farmers.

He, however, implored farmers in the state to rise up to the emerging challenges in food production.

Agunbiade said the government had no business in food importation as long as farmers were meeting food demands.

Share25Tweet16Send
Previous Post

PDP passes vote of confidence on Gov. Aliyu for not defecting to APC

Next Post

Reps to investigate telecom operators

Next Post

Reps to investigate telecom operators

Before it is too late, by Olusegun Obasanjo

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Your email address will not be published.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

Ebola Outbreak: DRC Records 8,665 Cases, 4,178 Deaths as Kenya Reports Imported Case

October 8, 2026

INEC Reveals 103 Million Voters Registered as GOCOP Demands Transparency Ahead of 2027 Elections

October 8, 2026
Azu Ishiekwene

Leadership and Storytelling in Election Season – Azu Ishiekwene

October 8, 2026

Africa Loses $74.5bn Annually Due to Unfair Credit Ratings, UN Warns

October 8, 2026
Court

Court Grants Alleged Fake JAMB Registrar N50m Bail in Cybercrime Case

October 8, 2026

N18m Fraud: Suspect Arrested for Allegedly Impersonating Cleric on Facebook in Ogun

October 8, 2026

EXAMINING TINUBU’S QUEST FOR CONTINUITY IN 2027

October 8, 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

© 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.