Agriculture
Why CBN is Funding Large Scale Cassava Production – Emefiele
By Tony Obiechina, Abuja
The Governor of the Central Bank of Nigeria(CBN), Mr Godwin Emefiele said on Thursday, that the Bank decided to fund large scale production of cassava because it has the potential for employing over two million Nigerians.
Emefiele spoke at a meeting with State Governors of Cassava Producing States and Signing of the Memorandum of Understanding between Nigeria Cassava Growers Association and Large Scale Cassava Processors at the corporate headquarters of the CBN in Abuja.
“We place a high premium on cassava because the commodity can generally be used for different things along the value chain. The value chain has enormous potential for employing over 2 million people in Nigeria if well harnessed, due to the diverse secondary products that it offers.
“Some of the products include High Quality Cassava Flour (HQCF), Starch, Sugar Syrups & Sweeteners, Chips for domestic livestock feed and for export to China, Ethanol/bio-fuels, High Fructose Cassava Syrup (HFCS), Fuel Ethanol (E10) as well as Animal Feed from cassava waste among others”.
The Governor stated that there were large corporations like Nestle, Flour mills, Promasidor, Unilever which require the secondary outputs from cassava such as starch, glucose, sorbitol etc as raw materials for the production of their final products.
According to him, “we also have the companies whose responsibility is the processing of cassava to starch, glucose, ethanol etc as well as members of the Cassava farmers association.
“The other very important stakeholder present here today are State Governors and their representatives whose primary responsibility is making land available particularly to our unemployed teaming youths to embrace cassava production and processing in Nigeria.
“Our presence here today is therefore, an indication of our commitment to revitalize cassava production and processing by encouraging private sector investors to participate in the Nigerian economy. Through this initiative, you will agree with me that employment opportunities can be boosted in Nigeria, and industrial output can be accelerated for the good of Nigeria.
“The stakeholders in this gathering have all it takes to positively transform the status of cassava production and processing in Nigeria. I want to confirm in absolute terms the CBNs preparedness to reverse the current trend in line with our commitment to social investment by partnering with the major stakeholders towards developing a blueprint that would facilitate the development of Nigerias cassava value chain on a sustainable basis”.
Emefiele pointed out that the aim of bringing together all stakeholders in the value chain is to agree on a framework for modern production and processing of cassava by ensuring that “we identify and tackle all major challenges in the value chain from seedlings production, land clearing, planting, harvesting, processing, marketing and provision of extension services among others”.
Stressing the importance of cassava as an agricultural commodity the Governor recalled that participants during the Fourth International Cassava Conference held in Cotonou, Benin Republic in June 2018 agreed that cassava is currently the 4th most important food crop in the world, after maize, wheat and rice and is grown on over 24 million hectares in 105 countries in the world with Nigeria as the leading producer.
“Cassava represents one of the most important economic crops in the world. Today, the world market for the commodity is one of the most dynamic with the volume of production and foreign trade growing steadily.
“Nigeria is the largest producer; producing about 53.0 million MT in 2018 but with a very low average yield of about 7.7 MT per hectare as compared to 23.4 MT and 22.2 MT per ha in Indonesia and Thailand respectively.
“Statistics however, show that out of the 53.0 million MT of cassava produced in Nigeria annually; more than 90% is processed into food for human consumption whereas a significant industrial demand exists for the output of processed cassava, primarily as substitute for imported raw materials and semi-finished products.
“We are particularly interested in the cassava value chain because it is in line with President Muhammadu Buharis economic diversification programme for Nigeria.
“This is because economic diversification is an essential tool for national development and we are leaving no stone unturned towards repositioning Nigeria on the map of the world not just as the leading cassava producer but a processor as well.
“Compared with any other country of the world, Nigeria has one of the best climate and land resources to produce and process sufficient cassava; good enough; not only for consumption, but also for industrial use and export as the country enjoys both absolute and comparative advantage in producing the commodity”, he added.
He pointed out that even though the nation was blessed with several varieties of cassava that could be explored to optimum potential, there was need to adopt improved varieties and practices that would guarantee better yield, better processing efficiency, increased profit and improved standard of living for farmers.
He said, to realise this goal, the CBN was holding consultations with the International Institute for Tropical Agriculture (IITA), Ibadan and the National Root Crops Research Institute, Umudike.
He also noted that aside from foreign exchange conservation, increasing cassava production was a necessity as starch, glucose, sorbitol and other products currently being imported proffers no future for the nation in the long-term, in view of the fact that Nigeria imports cassava derivatives valued at over $600m annually.
He said it was on this premise that the CBN included cassava in the FX exclusion list to salvage the industry, encourage farmers to go back to their farms to boost jobs creation and increase output and improve the capacity utilization of our processing companies.
Governors of Ekiti State, Dr Kayode Fayemi, his Ondo state counterpart, and the Deputy Governor of Ogun State attended the meeting.
Agriculture
FG Calls for Stronger Agricultural Value Chains to Boost Food Security
The Federal Government has called for a stronger agricultural value chains, increased agro-industrialisation and improved market access to boost food security in Nigeria.
The Permanent Secretary, Federal Ministry of Agriculture and Food Security, Dr.
Marcus Ogunbiyi, made the call on Monday in Enugu during the Technical Session of the National Council on Agriculture and Food Security.The theme of the event is “Enhancing Agricultural Value Chains, Agro-Industrialization and Market Access for Economic Growth.”
Ogunbiyi, who doubled as the Chairman of the Technical Session, said that the country must move beyond subsistence farming and embrace a commercially driven agricultural system capable of supporting industries, improving farmers’ incomes and expanding export opportunities.
“Our task goes beyond increasing the volume of food produced.
“We must build an agricultural economy that creates wealth, supports industries, generates decent employment, expands exports, improves rural livelihoods and contributes meaningfully to national economic growth,” he said.
The Permanent Secretary identified inadequate storage and processing facilities, limited access to finance, poor logistics and weak links between farmers and processors as major challenges affecting the competitiveness of agricultural products.
He called for increased investment in agro-processing facilities, rural roads, irrigation, electricity, cold-chain infrastructure and modern technologies to reduce post-harvest losses and promote local value addition.
“Agro-industrialisation is central to the transformation we seek to achieve. It provides the bridge between agriculture and industry.
“It also enables agricultural production to serve as a reliable source of raw materials for manufacturing and other productive sectors of the economy.
“The value of this Council will ultimately be determined by the quality of its resolutions and the extent to which those resolutions are implemented,” Ogunbiyi stated.
He also urged state governments to identify priority commodities, establish clear production and processing targets, attract private-sector investment and strengthen partnerships with research institutions and development partners.
In his remarks, the Enugu State Commissioner for Agriculture and Agro-industrialisation, Patrick Uburu, said that the state government was committed to agro-industrialisation to boost farmers’ income, create jobs and generate wealth.
Uburu, who described the technical sessions as a platform for translating policies into practical solutions, urged delegates to prioritise farmers and agribusiness operators in their deliberations.
He emphasised the need for stronger collaboration among state governments, federal agencies and development partners to address food security challenges, noting that recommendations from the meeting should be measurable and implementable.
The commissioner called for practical policies and investments that would improve farmers’ productivity and expand market access for agricultural produce.
Technical Lead Policy Advisory, GIZ ECOWAS & Nigeria, Dr Abiodun Ihebuzor, advocated for stronger partnerships and increased investment in agricultural value chains to reduce post-harvest losses and improve food security in Nigeria.
Ihebuzor noted that previous engagements at the 46th Council in Calabar and the 47th Council in Kaduna had provided opportunities to advance agricultural development.
He expressed optimism that the current meeting would strengthen collaboration among government institutions, development partners and private-sector operators.
According to him, healthy soils, efficient markets and improved storage systems were essential to sustainable food security.
On her part, Geraldine Onu, Deputy Director, Administration and Supply, Enugu State Ministry of Agriculture and Agro-Industrialisation, disclosed that the State Government had intensified efforts to transform agriculture from subsistence farming to commercial and mechanical farming as part of its economic development agenda.
She noted that investments in irrigation, storage, processing and agricultural infrastructure were aimed at increasing production, attracting private investment, reducing post-harvest losses and improving farmers’ livelihoods.
“In Enugu State, under the visionary leadership of Gov. Peter Mbah, agriculture occupies a strategic position in the state’s economic transformation agenda.
“The initiatives include the 300,000-hectare agricultural land bank, the development of Smart Farm Estates across the 17 Local Government Areas, the 260 Farm Estate Programme and the establishment of a tractor assembly plant,” Onu added.(NAN)
Agriculture
Residents Groan Under Rising Tomato Prices, Seek Alternatives
Some residents in Lagos State have expressed concern over the recent surge in the price of tomatoes, forcing many households to adopt alternatives.
The residents made their views known in separate interviews on Wednesday in Lagos.
A market survey showed that a 50kg basket of tomatoes now sells between N115,000 and N125,000, compared to between N35,000 and N40,000 recorded last month.
Olachi Igwe, a resident of Ago Palace, said the scarcity and high cost of tomatoes had disrupted her household’s meal plans.
“I contacted my usual vendor, but she said tomatoes were scarce and difficult to source.
“A small bowl we used to buy for between N3,500 and N4,000 now sells for as high as N6,000 to N7,000, when available.
“For now, my family will resort to palm nut stew (ofe akwu) until prices stabilise,” she said.
Another resident, Mercy Okeleye of FESTAC, said although her family prefers fresh tomatoes, rising prices have forced her to consider cheaper options.
“I cannot do without fresh tomatoes because of the taste, but I may have to buy broken ones, popularly called ‘esha’, which are relatively cheaper.
“I do not consider tomato paste a suitable substitute because it is not purely made from tomatoes,” she said.
Also speaking, Tope Babalola from Dopemu, said she might adjust her cooking methods if prices remain high.
“I have not bought tomatoes in over a month, but if the price is still high, I will use more onions and peppers.
“I will not resort to artificial additives; I prefer natural ingredients for my meals,” she said.
Joan Ogugua, another resident, said she had already switched to tomato paste to cope with the situation.
“I asked my son to buy tomato paste for our meals. I cannot justify spending excessively on fresh tomatoes when other basic needs must be met,” she said.
Also, Oge Ugwu, a civil servant at Lekki, said she would resort to cucumber stew with the recent price hike.
Agriculture
Tomato Farmers Predict Steady Price Hike from May
The Tomatoes Growers and Processors Association of Nigeria (TOPAN) has predicted a steady increase in the price of the produce between May and June 2026.
The Kaduna State Chairman TOPAN, Rabiu Zuntu, disclosed this in an interview recently in Lagos.
Zuntu noted that although there is no particular time for tomatoes planting season up north, seasonal weather variations can affect the production of the produce.
“Although we can plant tomatoes all-year-round, we cannot assure quality harvest all-year-round.
“Some farmers are harvesting now, while others are transplanting, and others are harvesting.
“Tomatoes are still available for sale but the price of the produce is gradually on the increase.
“Come May/June, the prices of tomatoes will be very expensive, so now is a good time to stock up the produce. There’s always a scarcity within that period.
“This is because of the nature of the weather in the north around that period, the weather is usually very hot and tomatoes cannot resist such hot temperature,” he said.
Zuntu said the price of tomatoes have started rising up in the north.
“A 50kg rafia basket of tomatoes sells from N20,000 as against N7,000 to N10,000 that was sold earlier in the year.
“While a crate of tomatoes up north is sold between N10,000 and N15,000 as against N5,000 to N6,500 sold earlier in the year.
“In most part of Kano State, where there is bumper harvest, they are rounding off their harvest. So, tomato is not that available there and most buyers have turned to where they can find it now, mostly within Kaduna State and some parts of Plateau State.
“So, that’s why the supply has decreased and the tomato supply and cost is determined by the law of demand and supply,” he said.
A 50kg basket of tomatoes in Lagos, at the moment, sells between N40,000 and N60,000 depending on the size and quality.


