Presidential Taskforce On Rice, Wheat Seeks More Investment

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Bags of Rice

The Presidential Task Force on Rice and Wheat has called on the Federal Government to increase its investment in agriculture to unlock the huge potentialities in the sector.

The Chairman of the taskforce, Abubakar Bagudu, who is also the Governor of Kebbi State, made the call in Birnin-Kebbi on Sunday while speaking with newsmen.

Bagudu said government was not investing enough in agriculture, in spite of the enormous potential inherent in the sector.

“As a country, we are putting too little money or almost nothing into agriculture, and we expect miracles to happen.

“In 2016 which is the worst year for crude oil, the money put into producing oil was about 9 billion dollars.

“The total money that went into agriculture in the states as loans from commercial banks, from CBN’s Anchor Borrowers Programme (ABP) is less than one billion dollars.

“If our ambition…

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