https://www.elendureportsonline.com/wp-content/cache/breeze-minification/js/breeze_fdfdb32a72e886fe3519501c394b8edd.js
https://www.elendureportsonline.com/wp-content/cache/breeze-minification/js/breeze_4739984ec24e1307a7b09f3b54b09b74.js
https://www.elendureportsonline.com/wp-content/cache/breeze-minification/js/breeze_faa11fd6fb4c52a49b47c241258b6fac.js
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Elendu Reports Online
Fidelity Bank NG
ADVERTISEMENT
  • Home
  • Politics
  • Governance
  • Education
  • Business
  • Entertainment
    Funke Akindele, Husband Set To Part Ways

    Funke Akindele, Husband Set To Part Ways

    The Oratory, Street And Homeless Children Movie Premieres In Abuja

    The Oratory, Street And Homeless Children Movie Premieres In Abuja

    MURIC wants Buhari to ban Big Brother Naija show

    Breaking: BBNaija Whitemoney Takes Home The Money

    Rachael Oniga’s Death Not COVID-19 Related – Son

    Rachael Oniga’s Death Not COVID-19 Related – Son

    Tunde Kelani’s Ayinla Takes Ibadan On A Cultural Extravaganza

    Tunde Kelani’s Ayinla Takes Ibadan On A Cultural Extravaganza

    Glitz, Glamour As Celebrities, Dignitaries Storm Film House Cinema Ibadan For  ‘Okoto’ (The Series) Premiere

    Glitz, Glamour As Celebrities, Dignitaries Storm Film House Cinema Ibadan For  ‘Okoto’ (The Series) Premiere

  • Photo News
  • World News
  • Opinion
No Result
View All Result
  • Home
  • Politics
  • Governance
  • Education
  • Business
  • Entertainment
    Funke Akindele, Husband Set To Part Ways

    Funke Akindele, Husband Set To Part Ways

    The Oratory, Street And Homeless Children Movie Premieres In Abuja

    The Oratory, Street And Homeless Children Movie Premieres In Abuja

    MURIC wants Buhari to ban Big Brother Naija show

    Breaking: BBNaija Whitemoney Takes Home The Money

    Rachael Oniga’s Death Not COVID-19 Related – Son

    Rachael Oniga’s Death Not COVID-19 Related – Son

    Tunde Kelani’s Ayinla Takes Ibadan On A Cultural Extravaganza

    Tunde Kelani’s Ayinla Takes Ibadan On A Cultural Extravaganza

    Glitz, Glamour As Celebrities, Dignitaries Storm Film House Cinema Ibadan For  ‘Okoto’ (The Series) Premiere

    Glitz, Glamour As Celebrities, Dignitaries Storm Film House Cinema Ibadan For  ‘Okoto’ (The Series) Premiere

  • Photo News
  • World News
  • Opinion
No Result
View All Result
Elendu Reports Online
No Result
View All Result
Home Featured

Emefiele tasks State Govts to boost agriculture

by Elendu Reports
February 26, 2018
in Featured, News
0
Emefiele tasks State Govts to boost agriculture
0
SHARES
FacebookTwitterWhatsappEmail

Godwin Emefiele, Governor, Central Bank of Nigeria (CBN), has tasked State Governments in Nigeria to take advantage of opportunities in their respective States to boost the agricultural sector in Nigeria, even as he pledged the Bank’s support to any State Government committed to agriculture.

ADVERTISEMENT

He gave the charge in Emure-Ile, Ondo State, at the weekend shortly before he and Rotimi Akeredolu,  Governor of Ondo State , performed the ground-breaking ceremony of Greenfield Integrated Poultry and powderized Egg Facility.

Speaking on “Engendering the Growth of Nigeria’s Poultry Industry”, Emefiele emphasized the need for interested State Governments to take advantage of the many opportunities to develop the agricultural sector in their States in order toprovide jobs, reduce the level of unemployment in the country and drive growth.

According to him, through such moves, the Nigerian economy would receive massive boost through the non-importation of agricultural produce, which he stressed Nigeria had no business importing.

While reiterating the charge of the President, Muhammadu Buhari, to Nigerians to “produce what we eat and eat what we produce”,  Emefiele emphasized that the attention focused on agriculture was a good strategy.

ADVERTISEMENT

“Agriculture can still be used as a catalyst for creating jobs, reducing unemployment and driving growth in Nigeria,” he noted, even as he recalled that the ban on the importation of chickens in 2003, with the exception of day old chickens, boosted the poultry industry in Nigeria.

With the commencement of the Greenfield Integrated Poultry Facility, Emefiele expressed optimism that the implementation of the Anchor Borrowers’ Programme in the State would be tremendously expanded.

He also disclosed that a cumulative sum of N55.526 billion had been disbursed to over 250,000 farmers who cultivated almost 300,000 hectares of farmland for rice, wheat, maize, cotton, soybeans, cassava, etc. since commencement of the programme in November 2015, noting that the implementation in partnership with State Governments and several private sector groups, had contributed to the creation of an estimated 890,000 direct and 2.6 million indirect jobs.

Emefiele reiterated the commitment of the CBN to work with State Governments in supporting small holder farmers and processors across other items that can be produced in the respective States.

 According to him, the move was directly in harmony with the Bank’s resolve and vision to create a professional and people-centred Central Bank that will act as a financial catalyst for job creation and inclusive economic growth.

 Rotimi Akeredolu, Governor of Ondo State, urged all states to support ranching as a way of boosting the quality of meat produced in Nigeria. 

He also emphasised the need for other State Governments to key into agriculture as a way of boosting and diversifying the Nigerian economy.

Also speaking, Paul Obanua, Managing Director of Greenfield Assets Limited, thanked both the CBN Governor and the Ondo State Governor for supporting the project, which he noted was the largest in Africa and the Middle East.

High point of the ceremony was the cutting of the tape and unveiling of the plaque to formally flag-off the construction of the Greenfield Egg Pasteurization and Powderization Facility with the capacity of producing 10 million broilers per annum farm with 4,000 birds per hour meat processing plant; a 600,000 layers farm for the production 100 million eggs per annum; two 20 tons per hour Feed-mill and a 500,000 Eggs per day Egg Powder Plant.

The plant would create about 25,000 jobs, earn the country over $1 billion in foreign exchange savings and boost increased incomes for poultry farmers in Nigeria.

The Public-Private Partnership (PPP) with a capital requirement of NGN 28,369,276,360 to be invested in capital equipment and working capital, involves Big Dutchman International providing technical and operational management of the project. Other parties to the project are Marel Food Processing Company BV, a leading global provider of advanced processing systems and services to the Poultry, Meat and Fish industries, and Actini SAS.

Tags: featuredGodwin EmefieleRotimi Akeredolu
ShareTweetSendSend
ADVERTISEMENT
Previous Post

HUMANITARIAN: NAF commences two weeks medical outreach For IDPS In Maiduguri

Next Post

Onu: Ministry to assist security agencies to ensure peace, security

Elendu Reports

Elendu Reports

Next Post
Onu: Ministry to assist security agencies to ensure peace, security

Onu: Ministry to assist security agencies to ensure peace, security

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

ADVERTISEMENT

News

APC Guber rerun: Benue youths meet INEC leadership in Abuja

APC Guber rerun: Benue youths meet INEC leadership in Abuja

by Elendu Reports
February 1, 2023
0

...

 Nigeria drops by four Points in latest corruption perception index ranking

by Elendu Reports
January 31, 2023
0

...

Nigeria’s 2023 elections: Concerns and expectations

Nigeria’s 2023 elections: Concerns and expectations

by Elendu Reports
January 30, 2023
0

...

FOREX: CBN strengthens market stability with $195m

N2.7trn was kept permanently in people’s homes before we ordered redesign of new naira notes–Emefiele

by Elendu Reports
January 29, 2023
0

...

Load More

Most Read

  • OBITUARY: Life and times of Geoffrey Onyekachi Uguru
    OBITUARY: Life and times of Geoffrey Onyekachi Uguru
  • APC Guber rerun: Benue youths meet INEC leadership in Abuja
    APC Guber rerun: Benue youths meet INEC leadership in Abuja
  • Nigerians should hold APC responsible if anything bad happens to our democracy-PDP
    Nigerians should hold APC responsible if anything bad happens to our democracy-PDP
  • Adamu Ciroma, 84, former Finance Minister is dead
    Adamu Ciroma, 84, former Finance Minister is dead
  •  Nigeria drops by four Points in latest corruption perception index ranking
     Nigeria drops by four Points in latest corruption perception index ranking
ADVERTISEMENT
Elendu Reports Online

  • Business
  • Education
  • Entertainment
  • Featured
  • Governance
  • News
  • Opinion
  • Photo News
  • Politics
  • Promoted
  • Sports
  • World News

APC Guber rerun: Benue youths meet INEC leadership in Abuja

 Nigeria drops by four Points in latest corruption perception index ranking

Nigeria’s 2023 elections: Concerns and expectations

  • About
  • Advertise
  • Privacy & Policy
  • Contact

© Elendu Reports Online | Designed by Inventivo Consulting

No Result
View All Result
  • Home
  • Politics
  • Governance
  • Education
  • Business
  • Entertainment
  • Photo News
  • World News
  • Opinion

© Elendu Reports Online | Designed by Inventivo Consulting

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
https://www.elendureportsonline.com/wp-content/cache/breeze-minification/js/breeze_7f0734e228d3f1a255a8b817a5005b8e.js
https://www.elendureportsonline.com/wp-content/cache/breeze-minification/js/breeze_f57435a927d422043befe66bd74f4d68.js
https://www.elendureportsonline.com/wp-content/cache/breeze-minification/js/breeze_9d5ab9cfb80ceaeb15758f3b376d9535.js
https://www.elendureportsonline.com/wp-content/cache/breeze-minification/js/breeze_ba1607e8aaf31b3209172a743833ee27.js
https://www.elendureportsonline.com/wp-content/cache/breeze-minification/js/breeze_a04a3fdde75a5b14aacc5b6b46dc6a30.js
https://www.elendureportsonline.com/wp-content/cache/breeze-minification/js/breeze_d26f0a650ea719e8612195a605868eb7.js
https://www.elendureportsonline.com/wp-content/cache/breeze-minification/js/breeze_e3082e99b0b359a0f59e91220f96fcdc.js
https://www.elendureportsonline.com/wp-content/cache/breeze-minification/js/breeze_781a7df3222a156e88fcf5e9c9daa784.js
https://www.elendureportsonline.com/wp-content/cache/breeze-minification/js/breeze_f3fa20fb5b48641411a4caf1f9189d9b.js
https://www.elendureportsonline.com/wp-content/cache/breeze-minification/js/breeze_0452ef1ae3b5014de4228cd76eb8e869.js
https://www.elendureportsonline.com/wp-content/cache/breeze-minification/js/breeze_90d5556ab52cae442be2450bfaf3e48d.js
https://www.elendureportsonline.com/wp-content/cache/breeze-minification/js/breeze_b14a073e117b8f9c985b9c59bee920f1.js
https://www.elendureportsonline.com/wp-content/cache/breeze-minification/js/breeze_94bc4228bb5941670e191e40a6bc44bd.js