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More Investment In Seed Industry Will Ensure Food Security, Says Hon. Kalu

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More Investment In Seed Industry Will Ensure Food Security, Says Hon. Kalu
  • Urges participants to explore innovative solutions to address the challenges and opportunities in the seed industry.

The Deputy Speaker of the House of Representatives, Hon. Benjamin Kalu, has stated that more investments in seeds industry, will ensure immense productivity and food security in the country.

Kalu, who made the call on Tuesday in Abuja while declaring open the 6th Edition of Seed Connect Africa Conference & Exhibition 2023 held in NAF conference centre, stated that investing in research and innovation, will empower farmers to produce more and contribute to a more food-secure and prosperous Nigeria.

The Deputy Speaker noted the key role the House of Representatives played in facilitating the passage of the Plant Variety Protection (PVP) Act, saying that the legislation exemplifies the parliament’s commitment in supporting policies that drive agricultural growth and enhance food security.

Kalu mentioned reiterated that the seed industry holds major key to unlocking sustainable solutions and ensuring food security for all.

Whilst commending the National Agricultural Seed Council for their unwavering dedication to the growth and development of Nigeria’s seed industry, Kalu urged all participants online and offline to explore innovative solutions to address the challenges and opportunities in the seed industry.

“I am honoured to be here today to address this esteemed gathering of experts, innovators, and stakeholders in the crucial field of seed production and agriculture. As we gather under the compelling theme of “Global Declaration of Food Emergency – The Role of Seed Industry in Africa,” I am filled with a sense of urgency and determination to amplify the significance of this event and the critical role of the seed industry in addressing the pressing issue of food security in our continent.

“Nigeria, a nation blessed with abundant agricultural potential, has made significant strides in developing its seed industry. Our country boasts four distinct seed systems: farmer-saved, public-private, public-led, and community-based. Each system plays a unique and complementary role in ensuring the availability of high-quality seeds to our farmers.

“The public sector, as the primary driver of variety development, accounts for a remarkable 87% of variety releases in the seed market. This commitment to research and innovation has laid the foundation for a robust seed sector in Nigeria. Simultaneously, the private sector’s growing presence, accounting for 13% of variety releases, has infused market dynamism and competitiveness into the seed industry.

“With over 157 registered seed companies, Nigeria has emerged as a regional leader in seed production and export. In 2019 alone, the country accounted for a staggering 60% of the total seeds marketed in West Africa. This impressive export volume highlights Nigeria’s capacity to contribute to regional food security efforts. The recent enactment of the Plant Variety Protection (PVP) ACT 2021 stands as a landmark achievement in strengthening Nigeria’s seed industry.

“This groundbreaking legislation provides legal protection for plant breeders, fostering innovation and investment in seed development. The PVP Act is poised to revolutionize the seed sector, leading to increased productivity, improved seed quality, and enhanced access for farmers.

“As we confront the global food emergency, the seed industry holds the key to unlocking sustainable solutions and ensuring food security for all. By investing in research, innovation, and capacity building, we can empower our farmers to produce more, sustainably, and contribute to a more food-secure and prosperous Nigeria.” he said.

Agriculture

South-West Cassava Farmers Enhance Skills Through AATF Training in Oyo

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Approximately 1,000 cassava farmers and processors from the South-West region have participated in a training program focused on Good Agronomic Practices to enhance their skills in cassava farming and processing. This initiative was announced by Adeyemi Olojede, the Director of Tuber Crops Research at the National Root Crops Research Institute (NRCRI), during the program’s official launch at Fashola Farm in Oyo town, Oyo State.

Olojede noted that the program, organized by the African Agricultural Technology Foundation (AATF), aims to reach over 6,000 farmers, with particular emphasis on empowering women and youths. He expressed optimism that the initiative would significantly improve cassava farming and processing in Nigeria, equipping participants with essential skills to enhance their livelihoods through better production methods and increased value creation.

“This weeklong training, facilitated by the NRCRI, kicked off with the first batch of 1,000 participants, comprising farmers and processors,” he stated. The program is supported by the German Federal Ministry for Economic Cooperation and Development and implemented by Deutsche Gesellschaft für Internationale Zusammenarbeit GmbH in collaboration with AATF, Agridrive Ltd., and Clayuca Corporation.

Olojede revealed that this training marks the initial phase of a series expected to unfold over three years, with plans to train 1,000 participants in 2024, 2,000 in 2025, and 3,000 in 2026. The program will also include training for 1,000 processors, mainly women from Oyo and Ogun states, focusing on enhancing value addition in cassava processing.

Kehinde Jimoh, AATF’s Programme Officer for Agribusiness, emphasized that the initiative is part of the foundation’s broader commitment to boost the productivity of cassava farmers and processors. He highlighted that the training aims to empower participants with best agronomic practices and value addition strategies, which are expected to lead to significant improvements in their livelihoods and cassava productivity.

Jimoh also noted the importance of this training in not only boosting cassava production but also enhancing value addition, providing farmers with alternative income streams.

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Agriculture

Wema Bank Shines at Global SME Finance Forum Conference Awards 2024

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Awarded:
• SME Financier of the Year (Africa)
• Platinum Award for Best Financier for Women Entrepreneurs (Africa)

Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has received two awards of excellence at the Global SME Finance Forum Conference Awards 2024 which held in São Paulo, Brazil between September 16 & 18, 2024. The awards received are SME Financier of the Year (Africa) and Platinum Award for Best Financier for Women Entrepreneurs (Africa).

The Global SME Finance Forum is the world’s leading, technically oriented and geographically diverse platform focused solely on scaling SME financing worldwide. Managed by this Forum, The Global SME Finance Forum Conference Awards is dedicated to acknowledging the effective and successful practices of financiers across the world, honouring the innovative products and services these financiers create for SMEs, recognising the impressive results in expanding finance and services to SMEs, and celebrating these exceptional financial institutions. Wema Bank emerged Africa’s top financier not just for the general SME landscape but also particularly for women-owned SMEs, at the 2024 edition of the annual Global SME Finance Forum Conference Awards.

Reputed as the Bank of choice for Micro, Small and Medium Enterprises (MSMEs), Wema Bank received recognition for its commendable track record of developing innovative, sustainable and significantly impactful products, services, solutions and opportunities for businesses of all sizes across Nigeria. The Bank’s impact ranges from affordable financing options and seamless payment collection solutions to access to market, digital solutions for efficient business operation and management, SME Advisory services, and a vast range of products tailored to the needs of businesses across every part of Nigeria. Through its women-focused proposition, SARA by Wema, Wema Bank continues to tailor its SME offerings specifically for women, helping these women build sustainable businesses and access the resources needed to scale and thrive. The Bank further supports overall growth and well-being of these women with affordable to free healthcare packages. It is beyond doubt that Wema Bank is indeed deserving of its recognition as Africa’s top financier for SMEs and particularly, women entrepreneurs.

Expounding on the Bank’s glaring commitment to empowering MSMEs, the MD/CEO of Wema Bank, Moruf Oseni, articulated the big picture for the Bank. “MSMEs make up the bulk of Nigeria’s economy and they are critical to not only mitigating unemployment and other macroeconomic challenges but also promoting innovation and significantly boosting the economy towards national development. At Wema Bank, we recognise the potential that MSMEs hold as well as the challenges that threaten the maximisation of this potential, and we have made a lifelong commitment to providing viable, seamless, accessible, affordable, reliable and effective solutions tailored to the needs of businesses of all sizes across Nigeria; especially women-owned businesses. There is a rising need for intentionally inclusive empowerment strategies in not only stimulating growth in the SME sector but also bridging the gap in gender equality, and we have undertaken the responsibility of fulfilling that need. As a Bank, our mission is to empower lives through innovation, and as always, we will continue to seek more effective ways to empower businesses for optimal productivity and sustainable growth”.

“We are honoured by the global recognition accorded to us by the Global SME Finance Forum and as we receive these awards, we reiterate our commitment to providing businesses with the resources they need and a bouquet of intelligent solutions that mitigate prevalent challenges and make business management and operation seamless, maximally profitable and efficient. Thank you to the Global SME Finance Forum for the acknowledgement, and also to our valued customers who continue to entrust the future of their businesses and their financial well-being in our hands. This prestigious recognition honours our unwavering commitment to empowering SMEs and fostering innovation in SME finance, further fuelling our drive to consistently go above and beyond in accelerating growth for SMEs and delivering optimum value to every stakeholder. We are indeed the Bank of choice for MSMEs and women across Nigeria, and we will never relent in empowering women to thrive and businesses to scale regardless of economic fluctuations”, Oseni remarked.

Wema Bank continues to raise the standards of banking and financial services in Nigeria, demonstrating a commitment to generating positive impact across diverse verticals, a dedication to exceeding expectations and a passion for empowering lives and businesses for success.

Businesses interested in accessing the Bank’s tailored range of finance options and business-centric solutions are encouraged to visit https://wemabank.com/smes or send an email to smehelpdesk@wemabank.com to get started.

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Agriculture

Experts Call for Harmonization of Gene Banks to Boost Agricultural Productivity

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  • …Stresses the importance of genetic diversity in agriculture
  • …Advocate for improved genetic reference libraries

Experts in the agricultural sector on Monday, emphasized the need for harmonization of gene banks in Nigeria to enhance the country’s agricultural productivity.

The call was made at the opening of a 4-day Breeders Country Team and Centralized Function Expert Meeting, organized by the National Agricultural Seeds Council (NASC) in collaboration with the Nigerian Plants Variety Protection Office (NPVPO) amongst other partners.

The meeting aimed to review the first wave results of the Institutionalizing Monitoring of Crop Variety Adoption using Genotyping (IMAGE) project, which seeks to improve crop productivity and enhance genetic diversity in Nigeria.

Speaking to newsmen, Dr. Ishiak Khalid, Acting Director-General of NASC, stressed the importance of harmonizing gene banks to support the country’s agricultural development.

He said; “Harnessing the potential of our genetic resources requires a coordinated approach. By harmonizing our gene banks, we can ensure that our research institutions are working together to develop improved crop varieties that meet the needs of our farmers.”

Dr. Khalid encouraged research institutions to prioritize research on improved seed varieties, highlighting its impact on farmer yields. He praised plant breeders and crop experts for their achievements, stating that their expertise and commitment have been instrumental in driving agricultural progress.”

Also speaking, Prof. Lucky Omoigui, Seed System Specialist from the International Institute of Tropical Agriculture (IITA), stressed the crucial role of quality seeds in boosting crop productivity.

“Quality seeds are the backbone of productive agriculture, and to increase crop yields, we must ensure farmers receive seeds with the right genetic material. This requires rigorous testing and verification against reference materials.”

Omogui further emphasized the importance of maintaining robust seed banks. he said “A well-managed seed bank is vital for preserving genetic diversity and ensuring seed quality. Continuous use of seeds without replenishment from reserves leads to quality degradation.”

Meanwhile Dr. Folarin Sunday Okelola, Acting Registrar of the Nigerian Plant Variety Protection Office (NPVPO), presenting a paper titled “Crop Survey Results: Nigerian Cassava, Revised Genotyped Crop Survey based on the Cluster Pipeline Bioinformatics Pipeline.” reiterated that the essence of the meeting is to adopt and advise farmers on effective seed systems.

Okelola urged stakeholders to consider opportunities for improving access to quality seeds, maintaining seed purity, enhancing genetic reference libraries, and conducting analysis to characterize genetic entities and unidentified samples

According to him, ongoing and regular analysis based on growers’ reports and genetic features will help understand what farmers are planting.

He however, encouraged research institutions to conduct further studies to comprehend genotyping and the clustering pipeline, which can be effectively applied in dynamic seed systems with uncontrolled variation in outcrossing crops, where genetically diverse Open-Pollinated Varieties (OPVs) predominate.

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