✕ CLOSE Online Special City News Entrepreneurship Environment Factcheck Everything Woman Home Front Islamic Forum Life Xtra Property Travel & Leisure Viewpoint Vox Pop Women In Business Art and Ideas Bookshelf Labour Law Letters
Click Here To Listen To Trust Radio Live

Tinubu urged to fund CBN-trained farmers to avert food crisis

Farmers in Delta State, trained by the Federal Ministry of Trade and Industry in collaboration with the Central Bank of Nigeria (CBN), have called on President Bola Ahmed Tinubu to urgently provide funding to enable farmers to commence food production.

Speaking to Daily Trust in Asaba on Wednesday, the Chairman of Delta Farmers Association and National Chairman of the Global Movement Against Hunger, Elder Eugene Jacob, stressed that Nigeria has the capacity to feed itself and export surplus food to Africa and beyond if the government delivers on its promises to support farmers.

He said, “Between 2015 and 2019, the federal government, through the Ministry of Trade and Industry and the CBN, trained farmers in Delta State for two weeks, opened microfinance accounts for them, and issued certificates. However, since then, the promised funding has not been provided.”

SPONSOR AD

He explained that the lack of funding for trained farmers has worsened the current food crisis, noting that food prices are skyrocketing while hunger spreads across the country.

“The Global Movement Against Hunger warned about this looming food crisis years ago. Unfortunately, our predictions have come true. Farmers are ready to produce, but they lack the financial resources to do so,” he said.

Jacob criticised the CBN’s focus on stabilising the naira at the expense of food production, emphasising that economic stability begins with boosting local agricultural output.

“How can the naira be stable when there’s no production? Food production is critical to economic growth, and politicising it will only worsen the situation,” he added.

He appealed to President Tinubu to intervene by directing the CBN to release funds to the farmers, highlighting the importance of the agricultural sector in reducing food prices, creating jobs, and ensuring food security.

“We are appealing to Mr President to act swiftly. The names of these trained farmers are already with the CBN. Funding them will help stabilise food supply and prevent further crises,” he said.

He reiterated that Nigeria’s agricultural sector has the potential to produce surplus food for export to Africa and Europe if the government provides the necessary support.

“It’s time for action. Nigeria can feed the world, but only if farmers are empowered,” he added.

 

Sponsored

Discover the latest trends on Temu! Shop mobile phones, fashion, beauty, home essentials & more. Start exploring now!


Click here to learn how it works.

Sponsored

Unlock AI's potential! Get top prompts for content, blogs, social media, research, draft proposals and more. Boost creativity start using AI tools today!


Click here to learn how it works.

Sponsored

Start Affiliate Marketing Today! Learn step-by-step how to set up a blog, find programs, create links, and earn money—beginner-friendly guide inside!


Click here to learn how it works.

Sponsored

Join our FREE WEBINAR! Discover the 3-step formula to turn WhatsApp into a cash-generating machine. Sign up now and start earning!"


Click here to learn how it works.

Sponsored

Master Facebook Ads! Learn to set up Business Manager, run campaigns, optimize budgets, and drive sales. Start your journey to ad success today!"


Click here to learn how it works.

Sponsored

Unlock your confidence and attract the love you deserve! Learn how to become irresistible to women—start your transformation today!"


Click here to learn how it works.

Join Daily Trust WhatsApp Community For Quick Access To News and Happenings Around You.