The Minister of State for Agriculture and Rural Development, Senator Heineken
Lokpobiri, has said that prices of food will come down as low as possible by this time next year if
the country gets the right seeds to produce more food.
Senator Lokpobiri stated this yesterday in Sheda, Gwagwalada
Area council of the Federal capital
Territory, during a facility tour of the National Agricultural Seed Council.
“In Nigeria today, the reason food prices are high is because
we’re not producing enough.
Our objective is to ensure that by
this time next year, the prices of food are brought down as low
as possible; and that can only be possible if we have the right
varieties of seeds,” the minister said.
The minister said Nigeria supplies 70% of the seeds used in West Africa, adding that food security begins with quality
seeds for the farmers.
He stressed that the goal of the Buhari administration was to ensure the nation feeds itself within the shortest possible time, adding that the nation can longer afford the import bill of $23 billion annually on stable food.
He called on the council to seek
sustainable partnership with the
private sector in order to build a
vibrant seed industry in the country because according to the minister, there is a serious drop in the country’s revenue.
Earlier, the Director-general of the National Agricultural Seed Council, Dr. Philip Ojo told the
minister that the country’s seed
council, which was created in 1992, is the best in West Africa, stressing that many seed companies have shown interest in the country’s seed industry.