Though President Bola Tinubu, assured Nigerians that he would do everything possible to avoid taking loan that will plunge the nation further into debt, there is a twist to the matter.
You see, the Federal Government has gone ahead to obtain $163 million loan from the African Development Bank.
People now wonder if this is not a case of saying something and doing the exact opposite. It is a déjà vu effect, if you remember past administrations.
There is growing food insecurity in Nigeria, a result of the push by terrorists in the Northeast. In fear of death, farmers are less able to use their farmlands.
In a bid to tackle the growing food insecurity, the Federal Government thought it was okay to get $163 million loan from the African Development Bank (AfDB).
It plans to use the money to increase wheat production.
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This is to improve agricultural production. It says agriculture and digital economy are the major drivers of the economy, contributing massively to the GDP.
Nigeria’s vice president, Kashim Shettima, while on a condolence visit to the family of Islamic cleric, Sheikh Abubakar Giro, who died recently in Kebbi State, made the disclosure.
Wheat Production Programme
The Director of information at the vice president’s office, Olusola Abiola, hinted that the wheat production programme would be launched soon.
According to him, the wheat production programme will involve the cultivation of 50,000 hectares of land in Jigawa State.
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He observed that the Federal Government also needed 10,000 hectares of land in Kebbi State for the production of wheat.
Shettima assured the people of the state that President Bola Tinubu’s government would fulfill all promises made to Nigerians particularly in the area of agriculture to ensure food security.
