“We became nation of importers. And we were told by some brilliant economist that it was cheaper to import than to produce. Of course, because of certain criteria, yes. But the cost of importation is the cause of crises we have today. Our children are angry, they have gone out of control and doing things which are frightening everybody. We have to change.
“We have to make fundamental changes in our approach to life. And agriculture has a key to solving many of the problems we are facing.
“We have to create jobs. We need to get every Governor on board supporting youths, supporting this programme because we have to create jobs and spread wealth. And in so doing we would find the peace and prosperity which President Muhammadu Buhari has been preaching.
“The good news however is we have a Central Bank Governor and his team who have decided that they must innovate and find new ways of supporting the Federal government to improve agricultural production.
“If CBN had not done this, this country’s disaster could have happened much faster. Farmer must have cheap credit. Every where in the world, agric credit is about 3%, in Nigeria, for nearly 30 years it is 20% – 25% agricultural interest rate. So there was complete decline in agriculture. We give thanks to CBN for their interventions.
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