COMMODITY PRICES-MAIZE (25/07/2017)
The Minister of Agriculture and Rural Development, Chief Audu Ogbeh has revealed plans to revive the cassava bread initiative to encourage the use of cassava in food production and processing.
Ogbeh lamented that though Nigeria was the largest producer of cassava in the world, the economic and industrial potential of the crop had yet to be fully explored and utilized.
The minister expressed confidence that the restoration of the cassava bread initiative would curb the importation of wheat, as flours used for baking bread will be produced from both wheat and cassava.
He added that this initiative would save a lot of foreign exchange, being used in importing wheat, for Nigeria, as well as encourage cassava farmers to increase their productivity.
Ogbeh said that the Federal Government was also working to get flour millers to add 15% of the cassava in the wheat they milled.
Entrepreneurs should be ready to invest in agricultural processing industry such as flour, bread and other Agro commodities.
Nigeria Agriculture is the only medium that can collectively transform the Nigerian economy and also have a direct relevance to the lives of its citizens.
Chiamaka Onyebuchi, Digital Marketing Strategist, Novus Agro.