Connect with us

NEWS

Ogun: Stakeholders Express Concerns over Continued Hike in Prices of Foodstuffs

Published

on

Share

Stakeholders in Ogun have raised concerns over the continued hike in prices of food items across the nation.

The stakeholders, in separate interviews in Abeokuta on Monday, identified the causes and proffered solutions to the challenges, amidst reported government’s interventions in the agricultural sector.

Mr Abiodun Ogunjimi, the Secretary of All Farmers’ Association of Nigeria (AFAN), Ogun chapter, noted that the situation had reached an alarming state.

Ogunjimi listed the possible causes of soaring prices of foodstuffs to include: high cost of transportation, increasing inability of farmers to go to farms due to insecurity, foreign exchange crisis, climate change and lack of access to loan facilities by farmers.

He advised the Federal Government to synergise with state governments to create enabling environment to boost food production.

The AFAN secretary also urged the Ogun government to check the adverse effects of urbanisation on agriculture.

“The increasing rate of migration from rural areas in the state to urban centres has led many farmlands to be abandoned and converted to other uses that are not beneficial to agriculture.

“Government needs to pay adequate attention to rural dwellers and ensure that its presence is felt so as to discourage such migration,” he said.

He also called on government to embark on effective irrigation projects across the state to reduce sole dependence on rain for farming.

“This measure will enable farmers to farm all-year round and boost production, thereby forcing prices of food items down,” he said.

Ogunjimi stressed the need for the state government to engage in buying farm produce directly from farmers to discourage movement of food items to neighborhouring countries.

He noted that such step had become necessary to address the loss being incurred by farmers through the activities of middlemen who usually buy from them at ‘ridiculously low prices’ and sell at high prices to consumers.

Ogunjimi also advised the government to ensure that farmers were involved in the formulation and implementation of policies on agriculture.

“It is the farmers who know better what their challenges are and the way to resolve them.

“It is not government officials who sit in the comfort of their offices and just imagining the problems and proffering solutions,” he said.

In his contribution, Mr Austin Owezie, an agriculture expert, called for deployment of more security personnel in rural areas, particularly the forests from where kidnappers, bandits and herders often operate.

“Security of farmers is crucial to food production and unless this is priotitised, all other efforts will just be a waste,” he said.

Owezie, who frowned at importation of seedlings for planting, noted that doing this would mean that Nigeria had indirectly handed over its food production to foreign countries.

According to him, such situation will engender ‘food colonialism’.

He, therefore, called for increased funding of the various agricultural research institutes across the country to enable them assist in the development and use of indigenous seedlings to boost agriculture.

The Commissioner for Agriculture and Food Security, Hon. Bolu Owotomo, said that the state government had continued to invest in agriculture to boost food production.

Owotomo said that government had massively supported farmers with inputs and also built their capacities toward increased productivity.

He said that more than 30,352 farmers had benefitted from various input distributions at subsidised rate of 50 per cent under various intervention programmes.

The commissioner listed some the inputs distributed to the farmers to include: fertilisers, urea, herbicides, cassava bundles, faro and ofada rice seeds as well as maize seeds.

“Capacity building was also organised for more than 46,000 small-holder farmers on sustainable agriculture, improved knowledge and productivity under the Value Chain Development Programme (VCDP), OG-CARES Fadama RA 2 project and Ogun State Agricultural Development Programme (OGADEP).
“The ministry carried out reforms on agricultural land allocation to investors to enhance access to agricultural land in which a total of 8,550 hectares had been allocated to private investors across the state on different agricultural value chains,” he said.

On loan facilities, Owotomo said that government had disbursed N50 million loan to Ijebu Development Initiative on Poverty Reduction (IDIPR), Eriwe, Ijebu-Ode.

He further stated no fewer than 587 VCDP beneficiaries across the eight participating council areas had been linked with FCMB for financial credit.

Ogunjimi added that 95 small-holder farmers had been able to access loans from FCMB for cassava and rice production, valued at N26.7 million.

The commissioner explained that the government had already mapped out strategies to ensure that farmers and their produce were secured to enhance productivity.

Dr Samuel Nzekwe, a former President of Association of National Accountants of Nigeria (ANAN), in his submission, emphasised the need for fixing the economy for agricultural sector to thrive.

Nzejwe urged governments at various levels to invest in provision of critical infrastructure, such as stable power supply, good road network and adequate security, among others, to drive the economy.

“The availability of stable electricity supply will help both small and medium businesses to thrive, as their impacts will positively contribute to the nation’s gross domestic product (GDP).

“Government needs to proactively address the challenges that are not making the real sector to produce enough goods and services for local consumption,” he said.

The former ANAN president also urged the federal government to repair all the nation’s refineries and halt importation of crude oil.

This, according to him, is also a contributing factor to the continuous rise in inflation rate and volatility in foreign exchange.

Dr Tunde Adeoye, a Senior Lecturer in the Department of Economics, University of Lagos, said government needed to exercise political will to address the current security challenge in the country.

Adeoye noted that once the country is seen to be secure, foreign investors would be attracted, foreign earnings increased and the economy stabilised. (NAN)

NEWS

Gunmen Attack Police Station, Kill 2 in Anambra

Published

on

Share

The Police Command in Anambra says gunmen have burnt its station in Umunze, Orumba South Local Government Area, killing two officers.SP Tochukwu Ikenga, the Police Public Relations Officer in the state, announced this in a statement issued in Awka on Monday.He said that the gunmen attacked the police facility with improvised explosives, shooting sporadically, which caused a fire to burn part of the station.

He said further that during the attack, two police operatives on duty were killed when they attempted to resist the gunmen.
Ikenga stated that the bodies of the deceased policemen had been recovered and taken to the morgue.He also noted that joint security forces, including the police, army and navy, among others, had recovered five unexploded improvised explosives.
Ikenga noted that the Commissioner of Police in Anambra, CP Nnaghe Itam, had visited the scene for assessment.He said that Itam called on anyone with information that could assist in the investigation to come forward, assuring then that such information would be treated confidential.(NAN)

Continue Reading

NEWS

IPPIS Data Base not Compromised, OAGF Assures Employees

Published

on

Share

By Tony Obiechina, Abuja

The Office of the Accountant General of the Federation (OAGF) has reiterated the Federal Government’s determination to maintain and operate a secure and efficient personnel and payroll system.In a statement by the Director of Press and Public Relations, Mr Bawa Mokwa on Monday, the OAGF maintained that the Integrated Personal and Payroll Information System (IPPIS) database has not been compromised, assuring that employees personal data on the IPPIS database is safe and secured.

The OAGF, which manages the IPPIS and other financial management initiatives of the Federal Government, said it is already implementing its ICT Security Policy that aims to ensure that its digital assets are secured in line with global best practices.
The Office explained that no data is saved on its website, adding that the IPPIS uses the website to only share information and not for any transaction. “The IPPIS is not using the OAGF website for any transaction. The website is actually the medium to share information. Neither payroll nor payment is made through the website, therefore, no data is contained in the website”, it said. The OAGF stated that the IPPIS validation portal that was recently developed for updates of employees information was deployed for a period and after the exercise was over, the data were pulled out and the site shut down permanently.According to the statement, “the IPPIS Validation Portal was deployed on a secure platform. A secured database and application were purchased from the popular HELIX-FONS.”The Office acknowledged that the IPPIS is of utmost importance to Nigerian workers, thus it became imperative to assuage the fears of any loss or breach of employees personal data in the IPPIS database. The OAGF noted that the IPPIS has put in place necessary mechanism to resolve any problem that may arise in its operations and advised workers that observe anomalies in their salaries to follow the official procedures inorder to get such issues resolved.

Continue Reading

NEWS

Again, Inflation Drops to 32.15% in August

Published

on

Share

By Tony Obiechina, Abuja

Nigeria’s headline inflation dropped to 32.15 percent in August, according to National Bureau of Statistics (NBS) report

The report released on Monday said the inflation eased the second time in 2024 after a 19 month increase that peaked at 34.19 percent in June.

“Looking at the movement, the August 2024 headline inflation
rate showed a decrease of 1.

25% points when compared to the July 2024 headline inflation rate (33.
40).”

It however, said on a year-on-year basis, the headline inflation rate was 6.35 percent points higher compared to the rate recorded in August 2023 (25.80%).

“This shows that the headline inflation rate (year-on-year basis) increased in August 2024 when compared to the same month in the preceding year (i.

e, August 2023).

Furthermore, on a month-on-month basis, the headline inflation rate in August 2024 was 2.22%, which was 0.06% lower than the rate recorded in August 2024 (2.28%).

” This means that in August 2024, the rate of increase in the average price level is lower than the rate of increase in the
average price level in July 2024.”

The report added that food inflation rate in August 2024 was 37.52 percent on a year-on-year basis, which was 8.18% points higher compared to the rate recorded in August 2023 (29.34%).

It said the rise in food inflation
on a year-on-year basis was caused by increases in prices of; “Bread, Maize Grains, Guinea Corn, etc (Bread and Cereals Class), Yam, Irish Potatoes, Water Yam, Cassava Tuber, etc (Potatoes, Yam & Other Tubers Class), Palm Oil, Vegetable, etc (Oil & Fats Class) and
Ovaltine, Milo, Lipton, etc (Coffee, Tea & Cocoa Class).”

But on a month-on-month basis, the food inflation rate in August 2024 was 2.37 percent, a 0.10% decrease compared to the rate recorded in July 2024 (2.47 percent).

“The fall can be attributed to the decline in the rate of increase in the average prices of Tobacco, Tea, Coco, Coffee, Groundnut Oil, Milk, Yam, Irish Potatoes, Water Yam, Cassava Tuber, Palm Oil, Vegetable etc.”

It added that the average annual rate of Food inflation for the twelve months ending August 2024 over the previous twelve-month average was 36.99 percent, which was 11.98 percent points increase from the average annual rate of change recorded in August 2023 (25.01 percent).

Continue Reading

Read Our ePaper

Top Stories

NEWS1 hour ago

Gunmen Attack Police Station, Kill 2 in Anambra

Share The Police Command in Anambra says gunmen have burnt its station in Umunze, Orumba South Local Government Area, killing...

NEWS2 hours ago

IPPIS Data Base not Compromised, OAGF Assures Employees

Share By Tony Obiechina, Abuja The Office of the Accountant General of the Federation (OAGF) has reiterated the Federal Government’s...

NEWS3 hours ago

Again, Inflation Drops to 32.15% in August

ShareBy Tony Obiechina, Abuja Nigeria’s headline inflation dropped to 32.15 percent in August, according to National Bureau of Statistics (NBS)...

NEWS10 hours ago

Imo: Police kill 3 Hoodlums in Attempted Police Station Attack

Share The Police Command in Imo on Sunday foiled an  attack by hoodlums on Njaba Local Government Area Divisional Police...

NEWS11 hours ago

INC Condemns killings During Youth Congress Elections

Share The Ijaw National Congress (INC) worldwide has condemned in strong terms the Sept.14 killings in Abuloma during the ljaw...

NEWS11 hours ago

Tinubu Committed to Improving Welfare of Senior Citizens –Alake

Share Dr Dele Alake, the Minister of Solid Minerals Development, has restated President Bola Tinubu’s commitment to improve the welfare...

NEWS11 hours ago

Lifting of Petrol from Dangote Refinery Marks Industrialisation – FG

Share The Federal Government has hailed the commencement of petroleum product lifting from the Dangote Petroleum Refinery and Petrochemicals, describing...

Education12 hours ago

Parents Protest Boarding Fees Increase in Lagos School 

Share Some parents of students of Oriwu Model College in Ikorodu on Sunday protested the sudden increase of boarding fees...

Federal Capital Territory High Court Federal Capital Territory High Court
NEWS12 hours ago

Federal High Court Resumes Tuesday After Annual Vacation

Share The Federal High Court (FHC) will, on Tuesday, resume its annual vacation. The annual vacation, which began on July...

NEWS12 hours ago

EFCC Detains 5 Chinese Nationals over Alleged Illegal Mining

Share The Economic and Financial Crimes Commission (EFCC) has apprehended five suspected Chinese illegal miners in Ndito-Eka-Iba village, Ibieno Local...

Copyright © 2021 Daily Asset Limited | Powered by ObajeSoft Inc