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Private Sector Investment in Agriculture Challenged By Federal Government
23rd OCT 2006
The private sector has been challenged by the Federal Government to invest in agriculture if food security must be guaranteed in the country. The statement was made in a speech by the Minister of state for Agriculture, Otunba Bamidele Baba at a symposium in Abuja organised to mark the 26th World Food Day/ Telefood Celebration.
He said government alone cannot ensure total food security in the country; therefore there is the need for the private sector to make use of the many opportunities it has provided to invest in agriculture.
At the event which was organised by the Federal Ministry of Agriculture and Rural Development in Collaboration with the Food and Agricultural Organisation (FAO), the Federal Capital Territory Administration and Oxfam had “Investing in agriculture for food security” as its theme.
The FAO representative in Nigeria, Dr. Helder Muteia, agreed on the need to ensure food security
in Nigeria said this year’s theme is very important considering the fact that most of the world’s farmers are small-scale farmers who could not even provide enough for their families’ consumption.
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