FORMER President Olusegun Obasanjo’s comments last week in Ibadan that the government has no business in agribusiness is the truth from the horse’s mouth. The Nigerian government has shown that it does not have the capacity to operate any business successfully, including agribusiness. What I think the government should focus on is supporting enterpreneurs who have interest in agribusiness with start-up funds. Raising funds in Nigeria today is a huge task, and agribusiness needs constant flow of cash before it stabilises.
On several occasions, we have heard that the government had set aside certain billions of naira to support agriculture, but real farmers don’t get to access such.
I hope Chief Obasanjo can charge the Federal Government and the Central Bank of Nigeria (CBN) to make funds accessible for farmers.
- Taiwo Adejumo,
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