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AfricaBusiness & FinanceNigeria

FCTA Moves To Fast-track Nigeria economy from Recession.

By Niyi Maraiyesa

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As part of efforts to fast track the Nigeria economy quick recovery from recession, the FCT Administration has flagged off the sensitisation campaign and the distribution of supplementary feeds to pastoralists and farmers in the four grazing reserves of the territory.
 To address the persistent conflicts between crop farmers and pastoralists,
FCT Minister of State, Dr. Ramatu Tijjani Aliyu, who flagged off the sensitisation campaign in Wada districts on Tuesday said the move will address the persistent conflicts between crop farmers and pastirolists in the territory.

The minister also said the administration aimed at promoting integration, peaceful co-existence as well as boost livestock production which will translate to economic boom in the nation’s capital.  Aliyu noted that agricultural sector is key that can generate more foreign exchange to the Nigerian economy.  

“It is estimated that Nigeria’s population will continue to witness exponential rise and attendant growth in the demand for food. To ensure that any uncertainties related to food security are adequately addressed, the Federal Government of Nigeria made the establishment and development of grazing reserves a key aspect of its Agricultural Promotion Programmes (APP) for the Country, with the livestock subsector playing a prominent role.  

“The establishment and development of grazing reserves is therefore aimed at providing pastoralists and crop farmers with an integrated environment under which both can operate optimally, access their needs in a harmonious environment and eliminate issues that could result in conflicts. The overall objective is to promote peaceful coexistence towards harnessing the huge potentials that exist in the livestock subsector,” Aliyu stressed.  

The minister reiterated that the FCT Administration has been implementing programmes towards creating the enabling environment for the two groups as well as other willing investors to operate and make positive impacts in enhancing food security and socio-economic well-being of the residents.  

She used the occasion to reveal that the FCT Administration has also been discussing with investors and development partners on the establishment of value chain ventures in the livestock subsector so as to develop needed infrastructure, create more job opportunities, enhance incomes, and improve lives and livelihoods of communities within and around the FCT’s grazing reserves.  

Specifically, she said plans are underway, with the support of the African Development Bank (AfDB), to establish a model Special Agro-industrial Processing Zone (SAPZ) on livestock production, in the FCT, stressing that the SAPZ would grant the administration the wherewithal to bring to an end the indiscriminate grazing of animals in the Federal Capital City.  

You would recall that the Nigerian economy has slipped into its second recession in five years as the gross domestic product contracted for the second consecutive quarter. The National Bureau of Statistics announced Saturday the nation’s GDP recorded a negative growth of 3.62 per cent in the third quarter of 2020.


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