FG Plans to Create 5 Million Agricultural Jobs for Nigerian Youths

In a bid to combat food inflation, the Federal Government, led by President Bola Tinubu, has embarked on a strategic initiative to generate 5 to 10 million jobs within the agricultural sector. The announcement was made by Vice President Kashim Shettima during a high-level meeting on climate change and resource mobilization held at the Presidential Villa, Abuja.

Key Points:

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1. Presidential Approval for Housing Projects:

• President Tinubu has approved the construction of 1,000 houses in states including Sokoto, Kebbi, Katsina, Zamfara, Kaduna, Niger, and Benue.

1. Focus on Youth Employment:

• VP Shettima emphasized the government’s commitment to making agriculture attractive to the country’s youth, aiming to create millions of jobs in the sector.

1. Strategic Collaboration with CBN:

• The Federal Government is working closely with the Central Bank of Nigeria (CBN) to provide financial support to the agricultural value chain.

1. Mechanization and Land Development:

• Collaboration with mechanization companies is underway to clear more forests, making additional land available for farming.

1. Concessionary Capital for Sector Development:

• Concessionary funds will be deployed to support fertilizer, processing, mechanization, seeds, chemicals, equipment, feed, and labor, ensuring food availability and affordability.

1. Global Goals Alignment:

• The initiative aligns with global agendas such as the UN-Agenda 2030 on Sustainable Development Goals, specifically targeting “Zero Hunger,” and the African Union Agenda 2063.

NEPAD’s Role:

• National Coordinator of NEPAD, Mrs. Gloria Akobundu, commended President Tinubu’s efforts and emphasized the urgency of addressing the food crisis. NEPAD convened a stakeholders’ forum to strengthen smallholder farmers in Nigeria.

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• The comprehensive approach, combining youth engagement, financial support, and strategic partnerships, underscores the government’s dedication to transforming Nigeria into a global agricultural powerhouse while addressing pressing issues like food inflation.

Source: Nairametrics

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