CBN unveils 21 maize pyramids In Kaduna

In line with President Buhari’s administration’s vision of producing what we consume and reducing import bills, the Central Bank of Nigeria, (CBN) has unveiled 21 maize pyramids in Kaduna State. According to the CBN, it will boost maize production towards promoting food security and self-sufficiency, saying, “As of February 2022, it has under its Anchor Borrowers’ Programme, disbursed about N948 billion to 4,478,381 smallholder farmers, who cultivated 5.2 million hectares of farmland across Nigeria, creating 12.5m direct and indirect jobs”. Speaking at the unveiling yesterday, the CBN Governor, Godwin Emefiele,…

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Maize Pyramid: Much hype without Kaduna Govt investment

By; Yusuf I. Goje. Heard that a maize pyramid is being mounted in Kaduna as a demonstration of the success of government’s investment in the agricultural sector in Kaduna state. However, beyond putting up a pyramid, evidence should be made available of government’s direct investment so far in the sector. Commendably, while evidence abound that private investments have been attracted to the sector, it is doubtful if same can be said of government’s direct investment. This is so because evidence shows that the last time the State Government released its…

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