Vunderkind
Social Member
Punch newspaper reports that the Federal Government of Nigeria, on Monday, inaggurated the Nigerian Groundnut Value Chain. The Nigerian Groundnut Value Chain is expected to yield 120,000 metric tonnes of groundnut grains valued at N24bn ($155m). The idea behind this inauguration is the revival of the hitherto abandoned groundnut production system of the country as well as ensure that the groundnut pyramids thrive once more in the northern part of the country.
The Minister of Agriculture and Rural Development – Dr. Akinwumi Adesina – has now said that the groundnut value chain is a new project and he got budgetary provision for the first time for the project in 2013.
In his report, he said:
The main objective of the value chain is to drive the development of the groundnut sub-sector in conjunction with stakeholders along the value chain to improve production, processing, marketing and export of the produce.
The groundnut value chain will produce an additional 120,000 metric tonnes of groundnut grains valued at N24bn ($155m) and supplied to small, medium and large scale processors.
According to Adesina, the project will be implemented in fifteen states, which include Jigawa, Kaduna, Kano, Benue, Bauchi, Katsina, Borno, Kebbi, Kwara, Niger, Taraba, Yobe, Zamfara and Gombe.
The Minister of Agriculture and Rural Development – Dr. Akinwumi Adesina – has now said that the groundnut value chain is a new project and he got budgetary provision for the first time for the project in 2013.
In his report, he said:
The main objective of the value chain is to drive the development of the groundnut sub-sector in conjunction with stakeholders along the value chain to improve production, processing, marketing and export of the produce.
The groundnut value chain will produce an additional 120,000 metric tonnes of groundnut grains valued at N24bn ($155m) and supplied to small, medium and large scale processors.
According to Adesina, the project will be implemented in fifteen states, which include Jigawa, Kaduna, Kano, Benue, Bauchi, Katsina, Borno, Kebbi, Kwara, Niger, Taraba, Yobe, Zamfara and Gombe.
