Agriculture

FG SETS TO REVOLUTIONISE AGRICULTURE

In a bid to ensure food sustainability in the country, the Federal Government has re-affirmed its commitment to revolutionize agriculture through the employment of farm mechanization in line with the economic diversification agenda of President Muhammadu Buhari.

The Secretary to the Government of the Federation, Boss Mustapha made the disclosure when the team from National Agency for Science Engineering Infrastructure (NASENI) alongside the Machine Equipment Corporation Africa (MECA) and the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) led by the Executive Vice Chairman, NASENI, Prof. M.S. Haruna, paid him a courtesy visit in his office.

The SGF assured that the Federal Government would ensure steady funding of the project in order to reposition farm mechanisation in the country. In his words:


“For over the years, what has happened is that institutions which came about in different settings have found themselves compelled by certain organizations that have come up now eroding some of those functions and some of those sources of resources. But I believe that we will try as much as possible to bring in available resolutions to these issues so that your steady means of funding will be guaranteed, knowing fully well that as an organization, you have a very cardinal and pivotal role to play in our quest to recovery, not only tractors, but advancing the course of innovations and technological development as a nation”.

He commended NASENI, MECA and NIRSAL for their feat in the recovery of abandoned tractors from Kebbi and Niger States which were refurbished and put into productive use.


He noted that the present administration has been supportive in promoting food sufficiency in the country with different interventions through NIRSAL, a company owned by Central Bank of Nigeria (CBN), and other related agencies in pushing for the nation’s economic diversification drive. He added that through the Anchor Borrowers’ Programme and the fertilizer initiative, many farmers have been empowered and motivated to farm.

According to SGF, Nigeria’s sustainability in food sufficiency cannot be attained without embracing mechanized farming and water irrigation, saying that relying only on rain-fed agriculture will not guarantee food security due to the vagaries of weather. He assured that with the interventions from Mr. President, the nation’s agricultural sector will be on the trajectory of sustainable development in the area of food security.

Speaking earlier, the Executive Vice Chairman (EVC), National Agency for Engineering Science Infrastructure (NASENI), Engr. Prof. Mohammed Haruna said the purpose of meeting with the SGF was to solicit his intervention to explore a Special Presidential intervention to support the immediate implementation of the National Tractor Recovery and Refurbishment Project as approved by President Muhammadu Buhari. He added that they needed N10 billion for the take-off of the Phase I of the project.

EVC, NASENI appreciated the efforts of the NIRSAL and MECA for their support for the Proof of Concept (PoC) and Pilot Scheme of the Tractor Recovery and Refurbishment Project in Niger state in 2018, where 50 tractors were recovered. He added that the scheme targets the recovery of 55,000 broken down tractors across the country that would be recovered within the span of three years with 20,000 tractors in Phase I; 20,000 tractors in Phase II and 15, 000 tractors in Phase III and would be redeployed across all States of the Federation.

He also informed the SGF that the existing NASENI-MECA Workshops located across 17 States of the Federation are to be used for the repairs and fabrication of components. He added that Nigerian Artisans, Engineers and Technicians, to be trained as part of the programme in collaboration with the Original Equipment Manufacturers (OEMs).

The National Tractor Recovery and Refurbishment Project was approved by President Muhammadu Buhari with the aim of promoting a comprehensive agricultural mechanization and agri-businesses value chain in order to transform the agricultural sector for food sufficiency. The project was to be implemented by NASENI in collaboration with NIRSAL and MECA .

Leave a Comment

Your email address will not be published.

You may also like

Business Economy Society Software Technology

The critical role of data in debt recovery amid surge in consumer debt

post-image

 

 

As South Africans and their pockets are impacted by rising inflation, cost-of-living increases, and a spate of interest rate hikes over the past two years, consumer debt has surged at an alarming rate. More people are turning to credit facilities to keep up with daily expenses, with worrying knock-on effects for businesses and the entire South African economy.

 

With a renewed focus on debt recovery processes and procedures, businesses need to ensure they have the most reliable, up-to-date information available to assist with recovering outstanding monies. “As the cost of borrowing escalates, and the average South African consumer finds themselves allocating approximately 62% of their take-home pay towards servicing debt, the need for efficient, effective debt recovery strategies is a crucial consideration for any business extending credit,” explains Chantelle Frier, National Sales Manager of SearchWorks, South Africa’s largest and most innovative data aggregation platform that allows users to conduct…

Read More
Announcements Business Culture Events

NITDA Celebrates Exceptional Women Staff Members in Commemoration of International Women’s Day 2024

post-image

In honor of International Women’s Day 2024, the National Information Technology Development Agency (NITDA) proudly recognized the invaluable contributions of its female staff members during the Quarterly Staff General Meeting.

Led by the esteemed Director-General of NITDA, Kashifu Inuwa CCIE, the event served as a platform to commend and honor female staff members whose remarkable efforts have significantly contributed to the agency’s accomplishments. In a gesture of appreciation and acknowledgment, Director-General Kashifu Inuwa CCIE presented letters of commendation to these outstanding women, underscoring NITDA’s unwavering commitment to fostering inclusivity and empowering women within the agency.

The Quarterly Staff General Meeting not only celebrated the achievements of these exceptional women but also reaffirmed NITDA’s dedication to recognizing and nurturing talent across all gender identities. As an agency at the forefront of technological innovation, NITDA remains steadfast in its mission to create an inclusive and equitable workplace where every…

Read More
Business Events Fintech

PAFON 1.0: Experts Harp on Stricter Data Privacy Measures in Payments Ecosystem in AI Era

post-image

·      Tasks Payments System Operators on the Need for Consumer Education

 

The Chairman of the Committee of Chief Information Security Officers of Nigerian Financial Institutions (CCISONFI), Mr. Festus Amede, has identified Data Minimization Principles, User Consent and Control, as well as Compliance with Privacy Regulations as important elements in protecting privacy in payments.

 

Amede who was represented by an executive member of CCISONFI, Mr. Olusola Odediran (also, the Chief Information Security Officer) Nigeria Inter-Bank Settlement System (NIBSS), spoke during his keynote presentation at the maiden edition of Payments Forum Nigeria (PAFON 1.0) held at Oriental Hotel, Lagos on Thursday.

 

His presentation themed, ‘Payments: Trust, Security and Privacy in the AI Era,’ explored the critical…

Read More
Business Economy

Nigeria Seeks Joint West Africa Regional Protection of Undersea Cables

post-image

 

 

Following recent undersea cable cuts that challenged connectivities in many countries in the West African region, Nigeria has called for a coordinated and multilateral approach by the region to protect shared telecommunications infrastructure, and diversify connectivity to ensure uninterruptible connections.

 

Executive Vice Chairman of the  Nigerian Communications Commission (NCC), Dr. Aminu Maida, made the submission in a statement delivered at the 21st West Africa Telecommunications Regulatory Assembly (WATRA) Annual General Meeting (AGM) which held in Freetown, Sierra Leone, from the 19th to 22nd March 2024.

 

Dr. Maida, whose message was delivered at the WATRA AGM by the Deputy Director, Public Affairs of the Commission, Nnenna Ukoha, stated that the recent submarine cable cuts that resulted in nationwide outages on multiple networks in 12 African countries has raised the urgent need for the subregion to establish a mechanism to protect itself from damage to submarine infrastructure and its attendant impact on the…

Read More
Business Opinion Technology Technology Trends

WHY HYUNDAI AND KIA HAVE ONE OF THE BEST FUEL ECONOMY

post-image

 

 

I watched one video yesterday when one of my brother Uncle IB did some review on Hyundai Sonata so i decided to throw more light on it.

Hyundai and Kia are so much underated in Nigeria and the reason is lack of information. Hyundai and Kia are the most fuel efficient vehicles but most people are not aware.
They use more advanced engine technology on and that’s why they use smaller engines to push out much power with less fuel.

They make use of technology like:
▪︎CVVT (Continously variable valve timing)
▪︎DPFI (Dual port fuel injection)
▪︎ITMS (Integrated Thermal Management System)
▪︎HTCS (High Thermal Conversion system)
▪︎FOMS (Friction optimized moving system)
▪︎ High Ignition Energy EGR
▪︎Smartstream Transmission.
▪︎Wet 8 – Speed DCT.

Hyundai and Kia make use of smartstream engines. Engines like GDi produce high power and good for high driving speed conditions while engines like MPi are smoother with less power…

Read More
Business

NDPC to Partner Ondo to Upskill Youths, Create Jobs in Data Protection

post-image

The Nigeria Data Protection Commission (NDPC) has expressed its readiness to work with the Ondo state government to promote a culture of Data Protection that would also help create employment opportunities for young people in the state.

The National Commissioner/CEO of NDPC, Dr Vincent Olatunji, revealed this when he received his excellency, the Ondo state Deputy Governor, Olayide Adelami, at the commission’s headquarters in Abuja on Friday.

Dr Olayide said the purpose of his visit was to explore possible areas of collaboration between NDPC and the state in a way that fosters development for the people of the State.

According to him, “our government is passionate about youth development and one of the ways to ensure our youths are gainfully employed is to equip them with the right skills, needed for 21st century workplace. In view of this, we have identified ICT as one key area to upskill our youths…

Read More
Business Economy Technology Technology Trends

8 Reasons MacBooks Are Better Than Other Laptops

post-image

MacBooks have been around for a while now, and in that time, they’ve cemented themselves as some of the most popular laptops available. They’re well-designed, easy to use, and come with some great features. But why are they so popular? And more importantly, why are they better than Windows-based laptops?

Here, we’ll explore several reasons why we think Apple laptops are better than the competition, touching on everything from durability to ease of purchase and more.

8. The Apple Ecosystem

The Apple ecosystem is made up of all the hardware and software that Apple designs and puts out. Almost all Apple devices, apps, and operating systems are a part of the ecosystem: iPhone, iPad, Apple TV, Apple Watch, Mac, iCloud, Apple Music, and so on.

So, when people talk about the Apple ecosystem, they’re actually referring to how well all these products work together. It’s the ecosystem that makes it possible…

Read More
Announcements Business

Bimbo Abioye, Fintrak Software’s Group Managing Director, Recognized Among “Top 50 Most Valuable Personalities in Nigeria’s Digital Economy”

post-image

 

 

Fintrak Software, Nigeria’s leading indigenous software development firm specializing in financial software, proudly announces the recognition of its Group Managing Director, Bimbo Abioye, at the prestigious “Top 50 Most Valuable Personalities in Nigeria’s Digital Economy” event. The ceremony, held at Providence Hotel in Ikeja GRA, Lagos State, celebrates Abioye’s outstanding contributions to the nation’s digital landscape.

Bimbo Abioye FCA,MBA,ACTI,CISA,CISM,CISSP,FICA,MNCS,AFCPN,SRMA - FinTrak Software Company LLC | LinkedIn
Bimbo Abioye , GMD Fintrak Software

Despite his absence due to commitments in an Eastern African country, Mr. Bimbo Abioye was represented by Ladi Ipaye, who graciously accepted the award on his behalf. The accolade underscores Abioye’s remarkable achievements and relentless dedication to advancing Nigeria’s digital economy.

Reflecting on Abioye’s impact, Ladi Ipaye remarked, “Bimbo Abioye has spearheaded Fintrak’s transformation into a powerhouse within the fintech ecosystem, elevating the firm from a modest consultancy…

Read More