FG To Commence Distribution Of CBN Fertiliser
The Federal Ministry of Agriculture and Food Security is preparing to distribute 2.15 million bags of fertilizer donated by the Central Bank of Nigeria (CBN), following delays to check for expiration. Although initial concerns were raised about the fertilizers’ quality, tests conducted by the ministry confirmed they are still usable. The fertilizers, valued at over N100 billion, consist of various blends, totaling approximately 107,536.73 metric tonnes. The CBN’s decision to donate the fertilizers through the ministry marks a shift from direct interventions in the agricultural sector. The fertilizer distribution aims to support farmers ahead of the rainy season, ensuring timely access to inputs for enhanced productivity.
SOURCE: DAILYTRUST
DATE: MAY 12, 2024
OUR REVIEW: This news highlights the Federal Ministry of Agriculture and Food Security’s plan to distribute 2.15 million bags of fertilizer donated by the Central Bank of Nigeria. Despite initial delays due to quality checks, tests confirmed the fertilizers’ usability.
The distribution aims to support farmers ahead of the rainy season. The CBN’s decision reflects a shift from direct interventions in agriculture. Overall, it underscores efforts to enhance agricultural productivity and food security in Nigeria.
