Mrs Ibunkun Awosika
Mrs Ibunkun Awosika

Banking chief urges FG to diversify economy into agric sector

By Fatima Mohammed-Lawal

 

Ilorin   –       The Chairman Board of Directors, First Bank Plc, Mrs Ibunkun Awosika, has urged the Federal Government to diversify its economic resource into agriculture.

Awosika, who was the Guest Lecturer at the Agricultural and Rural Management Institute (ARMTI), made the call on Saturday in Ilorin at the 20th Annual lecture of the Institute.

Her paper presentation was entitled: “Promoting Agriprenuership in the Green Alternative.”

She described agriculture as an alternative to the much depended economic resources derived from petroleum.

“Nigeria is blessed with very fertile land, but it is saddening to know that majority of its youths are jobless,” she said.

According to her, the stability of Nigeria depends on the nation being able to sustain its citizens food production, which she said would translate to social stability.

Awosika further said Nigeria as a nation has all have the fundamental needed to grow in agriculture, saying “we need to know the time of oil is long gone”.

A discussant at the lecture, Mr Babatunde Ogunyemi, Managing Director of Thelma Farms in Ijebu-Ode, emphasized on the need for Nigerian youths to embrace agriculture.

He said: “On my 350 hectares of land in Ijebu-Ode where I grew fresh indigenous vegetable for exportation, I feel depressed that not enough is done in agriculture.

“Even with our huge production we can only meet just nine per cent of the demand.

“When I met with Mr President some weeks ago in Abuja, I told him that though Nigeria is winning the war against insurgency, but how do we fight the war of feeding our citizens,” he said.

Earlier in his address of welcome, the ARMTI Director, Dr Olufemi Oladunni, called for the overhaul of the agriculture sector to boost the economy.

He explained that if government can overhaul the sector to bring appropriate intervention, agriculture will be a life saver for the nation.

MTN News Alert
DMON
To receive our mobile newspaper on MTN delivered on your phone, text SAWD to 4900 at N50 per week or SAMD to 4900 at N150 per month.
For information on press releases, photos, promotional events and adverts, call or send text to 08173460599 or 08094208271or send email to: info@sundiatapost.com

Leave a Reply

Leave a Reply

Your email address will not be published. Required fields are marked *

*

Sundiata Post Media Ltd.

Address: 3rd Floor Office Suite, Bayelsa State Guest House, Plot 1038, Shehu Shagari Way, Maitama, Abuja, Nigeria.
Tel: +234(0)92900705, +234(0)8173460599
Whatsapp: +234(0)8053069436
BBM PIN: 5619150D
Email: info@sundiatapost.com
Website: www.sundiatapost.com

Enugu Regional Office: SW 1 New Haven Shopping Mall, Enugu, Enugu State, Nigeria.
Tel: +234(0)7062582838
https://twitter.com/sundiatapost/

London Office: 18 Belgrave Avenue, Wd18 7UE, Watford, United Kingdom.
Tel: +447417554143
Dubai Office: PAU Management Suite, Level 23 - Boulevard Plaza Tower 2, Emaar Boulevard,
P. O. Box 124342, Dubai, UAE.
Tel: +971 4 4096849 | Fax: +971 4 409 6850
About Us

SundiataPost is published by Sundiata Post Media Limited, Sundiata Post is Nigeria’s most authoritative online newspaper and ranks among the top five online news platforms in Nigeria.

Guild of Corporate online publishers
ACCREDITED MEMBER
A Glance at Our Advert Rate.

Inside Pages

Size In Pixels - Amount

120×180 - N27,967.50

300×100 - N24,695

Text Link - N11,275

More Details info

About Us | Contact Us | Privacy Policy | Terms of Use | Advert Rate