Abuja, Nigeria — In a strategic move to bolster food production and support local farmers, Vice President Kashim Shettima has reaffirmed the federal government’s commitment to providing single-digit interest loans as part of broader interventions aimed at reducing production costs and ensuring national food security.
Speaking during a steering committee meeting of the Presidential Food Systems Coordinating Unit (PFSCU) at the Presidential Villa, Abuja, the Vice President emphasized the need for targeted government support to address economic challenges affecting farmers.
“We must stand by our farmers. Providing them with single-digit loans will be a game-changer. The Presidential Food Systems Coordinating Unit has evolved from being just an advisory body into a full-fledged incubator for strategic interventions,” Shettima declared.
According to a statement issued by Stanley Nkwocha, Senior Special Assistant to the President on Media and Communications (Office of the Vice President), the Vice President has tasked Governor Umar Namadi of Jigawa State and Governor Francis Nwifuru of Ebonyi State, two states with significant agricultural output which helps to engage with a Brazilian delegation to explore collaborative solutions to Nigeria’s food security challenges.
Underscoring the importance of early planning, Governor Nwifuru urged the government to define clear priorities for farmers and ensure adequate preparations ahead of each farming season.
Similarly, Marion Moon, Technical Assistant to the President on Agriculture and Coordinator of the PFSCU, reiterated the unit’s commitment to making food affordable for Nigerians while incentivizing farmers to increase production and stabilize the nation’s food supply.
The federal government’s renewed focus on agricultural financing and strategic partnerships signals an aggressive push toward ensuring food security and economic resilience.
By Taiwo Olatinwo | February 21, 2025
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