Ginger blight: FG supports farmers with N1.6bn
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- Agribusiness Africa
- October 15, 2024
- News & Analysis
The Federal Government of Nigeria has allocated N1.6 billion to support farmers in combating ginger blight, a disease that threatens one of Nigeria’s major agricultural exports. According to Fredrick Nwabufo, Special Assistant on Public Engagement to President Bola Tinubu, this intervention is part of the government’s broader strategy to ensure food security and agricultural resilience. The initiative includes distributing pesticides and fungicides to affected farmers to safeguard Nigeria’s position as a global ginger producer.
Nwabufo emphasized that agriculture is a crucial element of President Tinubu’s policy framework, linking food security to national security. In addition to addressing the ginger blight, the government has implemented measures to boost food production, including suspending duties on key food commodities and launching a dry-season farming initiative. These efforts have already yielded 474,628 metric tonnes of wheat from 118,657 hectares across 15 states. Other notable interventions include the distribution of improved seeds, fertilizers, and veterinary vaccines to ensure the sustainability of crop and livestock production.
Source: Punch
Expert Review:
The Federal Government’s N1.6 billion intervention to combat ginger blight is a timely and necessary measure to protect Nigeria’s position as one of the world’s leading ginger producers. For agribusiness stakeholders, this intervention serves as a clear signal of the government’s commitment to supporting agricultural exports while maintaining domestic food security. Ginger, being a valuable export commodity, plays a vital role in generating foreign exchange and providing income for farmers in several Nigerian states.
In addition to the immediate relief provided to ginger farmers, the government’s broader focus on agricultural sustainability through the provision of inputs like seeds, fertilizers, and pesticides, as well as support for livestock production, presents a holistic approach to strengthening the agricultural value chain. The involvement of institutions like the Central Bank of Nigeria further underscores the financial support being extended to farmers to enhance productivity.
Stakeholders in agribusiness can leverage these interventions by aligning their operations with government initiatives, particularly in adopting improved crop and livestock management practices. There are also opportunities for partnerships in areas such as agrochemical supply, seed distribution, and veterinary services, ensuring that the resources being distributed are used efficiently.
The suspension of duties on key food imports such as maize, rice, and wheat could have significant implications for agribusinesses focused on these commodities. While this measure aims to stabilize food prices, it presents an opportunity for local producers to ramp up production and compete in a more favorable market environment.