The Federal Government has called on stakeholders in the agriculture and finance value chain in West Africa region to leverage financing strategies to enhance agroecology practices.
The Minister of Agriculture and Food Security, Abubakar Kyari, made the call at the Regional Forum on Agroecology and Organic Agriculture in West Africa, under the theme, “Financing the Transformation of Sustainable Food and Nutrition Systems for Food Sovereignty in West Africa through Organic Agriculture and Agroecology; Considering What Policies, Mechanisms and Instruments?” held in Abuja.
Represented by the Director of Planning and Policy Coordination, Federal Ministry of Agriculture and Food Security (FMAFS), Ibrahim Tanimu, he said the forum was timely and critical for the life of the region particularly Nigeria.
He identified finance as a major constraint in food system development and strategic in food sufficiency.
The minister said that the forum should identify bottlenecks in accessing critical financing with emphasis on economic and fiscal policies and regulations impacting the development of the sector.
