Nigeria Aims to Reduce Food Imports, Boost Domestic Production
Nigeria’s Minister of Finance, Wale Edun, has unveiled plans to drastically reduce food imports and increase domestic agricultural production. Speaking at a press conference in Abuja, Edun emphasized the need for self-sufficiency, stating, “We should not be importing food.”
Key Strategies:
Support for small-scale farmers through seed and fertilizer provisions
Enhancing wet and dry season harvests
Reducing imports while boosting productivity
Balancing imports with domestic production
Long-term goals include:
Doubling agricultural productivity through improved local seedlings and farming practices
Achieving economic independence and food security
Nigeria faces challenges such as rising food prices and low agricultural yields. The government’s economic overhaul includes addressing the impact of fuel subsidy removal.