Showing posts with label revenue. Show all posts
Showing posts with label revenue. Show all posts

Sunday, July 28, 2013

Agric to displace crude oil in revenue generation - Minister


Nigeria’s economy within the next 10 years would be braced mainly by revenue from agriculture rather than oil, going by the government’s sustained efforts towards reposition the sector, Minister of Agriculture, Dr Akinwumi Adesina, has assured. The minister said by 2015, the ongoing revolution in the agricultural sector would have become visible with the eagerness by farmers to ensure food security with production of large quantities of cassava, rice, beans, canned fruit juices and others for both domestic consumption and exports.
He made this known in Abuja as he explained that part of the transformation agenda by President Goodluck Jonathan was to develop the agricultural sector to generate revenue as an alternative to crude oil.
He disclosed that the target of the agricultural transformation agenda was to provide not less than 3.3 million jobs by 2013, while also targeting the production of 20 million metric tonnes of food by 2015.