Wednesday, 5 June 2013

FG to save N431bn from ban on wheat importation


wheat

Federal Government has concluded plans to stop the importation of wheat into the country to create markets for farmers involved in the production of the grain.

The Minister of Agriculture and Rural Development, Akinwumi Adesina who made this known during the inaugural meeting of the Nigeria Agribusiness Group, NAG, in Abuja said Nigeria would meet 68% wheat needs by 2015.

Adesina said the government is looking into the local production of wheat in the Northern part of Nigeria as he informed members of the group that the Lake Chad Research Institute of Nigeria has released new high yielding tropical and heat tolerant wheat varieties that can yield up to 6 tons per hectare.

He thereafter encouraged members to seriously consider investing in commercial wheat production to take advantage of the new opportunities.

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