Close Menu
    Facebook X (Twitter) Instagram YouTube
    Advertise with us Saturday, May 17
    Facebook X (Twitter) Instagram
    Platform TimesPlatform Times
    VIDEOS
    • Home
    • News
    • Metro
    • Politics
    • Business
    • Education
    • Health
    • Special Reports
    • Entertainment
    • Sports
    • Interview
    Platform TimesPlatform Times
    • Home
    • News
    • Metro
    • Politics
    • Business
    • Education
    • Health
    • Special Reports
    • Entertainment
    • Sports
    • Interview
    Home»Business

    Inadequate Agric Allocation in 2024 Budget Raises Concerns

    Platform Times NewspaperBy Platform Times NewspaperJanuary 6, 2024 Business No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Prof. Abba Gambo, the Senior Agricultural Advisor to the Nigeria Governors’ Forum (NGF), has voiced apprehension regarding the insufficient budget allocation for the Federal Ministry of Agriculture and Food Security in the 2024 budget.

    The allocated sum of N110.25 billion, as stated in the 2024 budget appropriation bill, falls below one percent (0.392857143 percent) of the total N28 trillion approved by the National Assembly.

     This stark contrast to the 2003 Maputo Declaration on Agriculture and Food Security, wherein African countries, including Nigeria, committed to allocating 10 percent of the national budget to agriculture development.

     Gambo, while commending the realignment of the national budget to January, described the figure as significantly less than the commitment outlined in the Maputo Declaration. 

    He emphasized that the challenges posed by a 31.5 percent food inflation rate, security concerns in key agricultural states, and existing issues such as poor extension services, lack of quality seeds, high fertilizer costs, and the farmers/pastoralists crisis, make achieving food security a daunting task with the allocated amount.

    Highlighting the persistent challenges like post-harvest losses, inadequate infrastructure for storage and transportation, and security threats to farmers, Gambo expressed skepticism about the Ministry of Agriculture and Food Security effectively navigating through these issues with the current budget.

    Do you want to share a story with us? Do you want to advertise with us? Do you need publicity for a product, service, or event? Contact us on WhatsApp +2348183319097 Email: platformtimes@gmail.com

    We are committed to impactful investigative journalism for human interest and social justice. Your donation will help us tell more stories. Kindly donate any amount HERE

    Pelican Valley
    Platform Times Newspaper
    • Website

    Platform Times is a trailblazing news website that empowers grassroots communities across Africa by delivering the latest news through engaging multimedia content. By leveraging photos, text, and videos, the site inspires concerned citizens and activists worldwide to take action against critical issues, including corruption, poverty, environmental degradation, and democratic disregard.

    Keep Reading

    Woman Bites Off Lover’s Manhood In Rivers During Dispute Over Sex

    FG Begins Tolling Federal Roads To Sustain Infrastructure — Umahi

    Hardship: Nigeria Sitting On Gunpowder Keg, Obasanjo Warns

    FG, States, LGs Share N1.681tn April Revenue — FAAC

    Dawah Front Backs JAMB Registrar, Describes Oloyede As ‘Epitome Of Integrity’

    PDP Slams Abiodun Govt Over Caterers’ Exclusion At Ogun Sports Festival

    Add A Comment

    Comments are closed.

    The Rehla
    The Rehla'
    Advertisement
    Pelican Valley'
    Advertisement
    Advertisement
    Pelican Valley'

    Platform Times is a trailblazing news website that empowers grassroots communities across Africa by delivering the latest news through engaging multimedia content. By leveraging photos, text, and videos, the site inspires concerned citizens and activists worldwide to take action against critical issues, including corruption, poverty, environmental degradation, and democratic disregard.

    We're social. Connect with us:

    Facebook X (Twitter) Instagram Pinterest YouTube
    • About Us
    • Advertise
    • Contact Us
    • Disclaimer
    • Download Platform Times app

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Facebook X (Twitter) Instagram Pinterest
    • About Us
    • Advertise
    • Contact Us
    • Disclaimer
    • Download Platform Times app
    © 2025, All Rights Reserved | Platform Times Newspaper | Powered By CyberWarrior

    Type above and press Enter to search. Press Esc to cancel.