Home Business “We will Close Borders to Stop Food Shortage”- Kyari
BusinessNews

“We will Close Borders to Stop Food Shortage”- Kyari

223
Abubakar Kyari, the Minister of Agriculture and Food & Security

Abubakar Kyari, the Minister of Agriculture and Food & Security, has disclosed that the Federal Government is considering closing the nation’s borders to address food shortage.

Kyari, on Friday, revealed this to the Senate Joint Committees on Finance, Banking and other Financial Institutions and National Planning. Recall that West Africa Weekly reported protests in different parts of the country over the unbearable cost of living and shortage of food. The Minister said the government was taking decisive actions to provide a solution but the porous borders are a significant challenge to food security.

Closing the borders would counter the influx of undocumented exports and rampant food smuggling, according to him.

Kyari said: “What we are faced with today is the undocumented exports of food to our neighboring countries. Today one CFA is N2.50 that is to say 100 Cefas is 2,200. That used to be N400 some few years ago.

“When you look at our neighboring countries, all four neighboring countries around us, the CFA is a hard currency, and because of the devaluation of the Naira, our food is the cheapest around the neighborhood.

“So you find a lot of undocumented exports and smuggling across our porous borders to these neighboring countries.”

The Minister said the situation is exacerbated by the unavailability of foreign exchange, with investors buying sought-after crops at exorbitant prices without repatriating the earnings.

In Kyari’s words: “Export is a good thing for us, but when you don’t earn the foreign exchange and it is not repatriated to us and the government doesn’t have any income from it, I am sorry, that is not a good sign. So what we are trying to do here is to ramp up production.

“I think it is an issue of economics between supply and demand, but unfortunately, we have to see how we can secure food for our 230 million citizens, and at the same time, if this economic situation continues, then you have to seal up the borders which is against the ECOWAS protocol or produce for the whole of West Africa.

“That is the unfortunate thing, but if we can secure the land and have farmers go back to the farm, I am sure we can do it. We have 70 million hectares of land available in Nigeria.”

Kyari, in essence, outlined the government’s dual approach: ramping up local production and exploring the possibility of sealing borders if economic challenges persist.

A PEEK AT THE PAST:

Nigeria is bordered to the north by Niger, to the west by Benin, to the east by Chad and Cameroon, and the south by the Gulf of Guinea of the Atlantic Ocean. 2019 represents a somewhat grim period in the landscape of Nigeria’s economy as all four borders were shut.

The past border closure, ordered by former President, Muhammadu Buhari, significantly impacted trade and exacerbated the rise in prices of locally made products. It was a counterproductive measure that drastically affected the socio-economic growth of the country’s economy. A better alternative seems to be: leveraging modern technology to combat smuggling and creating a conducive operating environment for local entrepreneurs, particularly those in the agricultural sector.

Read more: Insecurity: Kidnappers Attacks GUO Motors, Kill Driver, Others Abducted

About The Author

Related Articles

Alban Uzoma Nwapa, widely known as Dr Alban, the Nigerian-born Swedish musician and producer, who performed the hit "It's My Life," was elected into the European Hall of Fame.
EntertainmentNews

Peter Obi Congratulates Nigerian- born Dr Alban on Induction into European Hall of Fame

Alban Uzoma Nwapa, widely known as Dr Alban, the Nigerian-born Swedish musician...

In a statement released on Friday by Police Public Relations Officer, SP Josephine Adeh, the FCT Police Command has announced the deployment of 4,200 police officers to ensure peace and order during the planned nationwide protest scheduled for August 1.
News

FCT Police Command Deploys 4200 Officers Ahead Of #EndBadGovernance Protest

The FCT Police Command has deployed 4,200 police officers to ensure peace...

Dangote Refinery is re-selling some United States crude it had purchased to feed its plant
News

Dangote Refinery Re-selling Some Earlier Purchased U.S. Crude – Reports

Dangote Refinery is allegedly re-selling some United States crude it had purchased...

In a statement released on Friday by Police Public Relations Officer, SP Josephine Adeh, the FCT Police Command has announced the deployment of 4,200 police officers to ensure peace and order during the planned nationwide protest scheduled for August 1.
News

Human Rights Lawyer Inibehe Effiong Writes IGP, Demands Protection of Protesters

Ahead of the planned #EndBadGovernance protests scheduled for August 1, 2024,  Human...