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abujagirl
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President Goodluck Jonathan on Tuesday in Abuja said that the falling price of crude oil did not take his administration by surprise.
Jonathan stated this while launching the Youth Employment in Agriculture Programme (YEAP) and the Fund for Agricultural Finance in Nigeria (FAFIN) at the Presidential Villa, Abuja.
He said that government foresaw the crisis hence the launch of the Agricultural Transformation Agenda (ATA) three years ago designed to diversify the country's revenue base.
Jonathan stated that the government's massive food production efforts under the ATA had yielded 21 million tonnes of food that had created a buffer to mitigate the impact of the oil price volatility on the economy.
The president stated that the initial goal of the ATA at its launch in 2011 was to add an extra 20 million tonnes of food to the country's domestic food supply by 2015.
Today, he emphasised, the target had been surpassed with the production of an additional 1 million metric tonnes by local farmers, resulting in the creation of three million farm jobs within the period.
The president described YEAP and FAFIN as landmark initiatives of his administration that would fast-track the agricultural transformation process. YEAP is a critical component of the ATA designed to raise an army of young farmers and agribusiness leaders in the country.
#YEAP #FAFIN #ATA
Jonathan stated this while launching the Youth Employment in Agriculture Programme (YEAP) and the Fund for Agricultural Finance in Nigeria (FAFIN) at the Presidential Villa, Abuja.
He said that government foresaw the crisis hence the launch of the Agricultural Transformation Agenda (ATA) three years ago designed to diversify the country's revenue base.
Jonathan stated that the government's massive food production efforts under the ATA had yielded 21 million tonnes of food that had created a buffer to mitigate the impact of the oil price volatility on the economy.
The president stated that the initial goal of the ATA at its launch in 2011 was to add an extra 20 million tonnes of food to the country's domestic food supply by 2015.
Today, he emphasised, the target had been surpassed with the production of an additional 1 million metric tonnes by local farmers, resulting in the creation of three million farm jobs within the period.
The president described YEAP and FAFIN as landmark initiatives of his administration that would fast-track the agricultural transformation process. YEAP is a critical component of the ATA designed to raise an army of young farmers and agribusiness leaders in the country.
#YEAP #FAFIN #ATA
