The Federal government is to invest 45. 3 billion Naira reimbursement fund to states and the FCT toward solving the country’s food insecurity challenges.
Minister of State Finance, Budget and National Planning, Prince Clem Ikanade Agba, stated this in Abuja at a meeting with Donors and Development Partners on implementing Food Systems Transformation Pathways in Nigeria.
The Minister explained that food insecurity had been steadily increasing over the past four decades and stressed that the Food and Agriculture Organisation, FAO, had projected that about 25.3 million people in Nigeria would face acute food insecurity from June to August 2023 lean season.
FG set to tackle Nigeria’s food deficit.
Prince Agba disclosed that a quarterly report released by the global organisation showed that the figure projected was higher than the 19.45 million forecast in 2022, attributed to the vast food deficit due to the neglect of agricultural production and other areas of the food ecosystem for many decades.
The various donors and development partners promised to support Nigeria in achieving the already established implementation process.
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