APC professionals laud Tinubu’s N200bn intervention in agriculture, task governors

A think-tank stakeholders forum in the ruling All Progressives Congress (APC) on the aegis of APC Professional Forum has expressed support for President Bola Tinubu efforts to boost food production through interventions like the N200bn intervention to cultivate 250,000 hectares of land.

The forum, however, called on state governors in whose domains the lands are to invest more in Agriculture even as they work with the federal government to enhance the capacity of farmers and forest rangers to protect farmlands.

Addressing a press conference Friday in Abuja, the forum led by the former governor of Bauch state, Dr. Isa Yuguda, urged Nigerians to see the current situation as short term pains for long term gains.

According to Dr. Yuguda, the Forum notes with delight the 3.46% growth in GDP for the third quarter of 2023 in the latest National Bureau of Statistics NBS report. 

“As a forum, we acknowledge efforts to boost food production through interventions like the N200bn intervention to cultivate 250,000 hectares of land following the declaration of a state of emergency. We however want state governors in whose domains the lands are to invest more in Agriculture even as they work with the federal government to enhance the capacity of farmers and forest rangers to protect farmlands.

“It is just nine months in the four year tenure of the President and from our assessment at APC Professionals Forum, the Tinubu administration is on track and we hope to provide a one year score card of the administration by  the time President Tinubu will be marking his first anniversary in office.”

On the implementation of Oronsaye report, Yuguda said: “We know that the last two Presidents set up white paper committees towards the end of their respective administrations, we are hopeful that in implementing the Oronsaye report, measures are taken to avert job losses.”

The forum, comprising technocrats and professionals from different fields of endeavour, said having taken stock of the management of the economy and by extension the country in the past nine months, they are convinced that the Tinubu administration had little choice about the courageous economic reforms it introduced to tackle the lingering challenges. 

“The Forum commends the bold step taken by the President to end the fuel subsidy regime as well as unify the foreign exchange rates but we are not going to play the ostrich and say we are not conscious of the consequences of that action in the price of foodstuff and general cost of living that has in recent times triggered outrage in many parts of the country.

“On the unification of the exchanges rates, it’s important we highlight the commendable efforts by the Minister of Finance (and Coordinating Minister of the Economy) and the CBN Governor to arrest the freefall of Naira and plug the loopholes saboteurs used in undermining our currency and the economy. However, we must be wary of the Bretton Wood institutions who operates outside of Nigeria and may not appreciate the challenges of our economy.”