Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Commodities»Revolutionising Nigeria’s agricultural sector: NALDA’s innovative approach
    Commodities

    Revolutionising Nigeria’s agricultural sector: NALDA’s innovative approach

    March 28, 20255 Mins Read


    “The agency aims to create a hub-and-spoke model, where smallholder farmers can access inputs, training, and markets, while also providing opportunities for private sector investment and job creation.”

    The National Agricultural Land Development Authority (NALDA) is spearheading a revolutionary approach with innovative reforms to transform Nigeria’s agricultural sector. Ruth Tene Natsa writes on NALDA’s set reforms.

    As Nigeria continues to grapple with the challenges of food insecurity, unemployment, and economic stagnation, as well as land depletion due to displacements and climate-related issues, NALDA has unveiled 4 strategic projects to boost the nation’s food security while boosting farmers morale.

    At the helm of the agency’s affairs, Cornelius Adebayo, Executive Secretary and Chief Executive Officer, while engaging with the media, said his administration is focused on 4 key projects; these include the Renewed Hope Restoration Project, Renewed Hope Mega Farm Estates, the Green Hope Project and the Aqua Hope Project.

    Read also: Why is food so expensive despite Nigeria’s agricultural potential?

    He said, “The Renewed Hope Resettlement/Estate aims to resettle displaced farmers and provide them with the necessary inputs and security to reduce logistics problems and ensure proper monitoring and evaluation.”

    Adebayo observed that “This project is particularly significant, given the country’s history of farmer-herder conflicts and the displacement of farmers from their ancestral lands. We realised that most of our experienced farmers are displaced from their land,” the executive secretary explained.

    “We have over 3 million displaced persons within Nigeria alone. So, we decided to create a project that would put these farmers back into the economy, provide them with the necessary support, and ensure they become self-sufficient.”

    He further informed that NALDA had also launched the AQUA HOPE Project, which focuses on providing support for rural communities to engage in fish farming and increase food production. This project is particularly timely, given Nigeria’s significant deficit in fish production.

    “We are still importing over a million tonnes of fish annually, and we are producing less than 300,000,” he said.

    “Another critical project under NALDA’s umbrella is the Green Hope Project, which promotes greenhouse farming and decentralises food production. The project includes the distribution of solar pumps to farmers, reducing their dependence on petrol and lowering production costs,” the NALDA boss added.

    Read also: Policy summersault always destroy the gains we achieve in the agricultural sector

    “We need to encourage greenhouse farming,” the executive secretary emphasised. “No developed country depends on open-field cultivation of vegetables to sustain itself. We need to create clusters of greenhouses in top consumption areas, including Lagos, FCT, and Port Harcourt.”

    He added that the agency has partnered with institutions to provide high-tech greenhouses, increasing output and promoting export-oriented agriculture.

    The agency aims to create a hub-and-spoke model, where smallholder farmers can access inputs, training, and markets, while also providing opportunities for private sector investment and job creation.

    “We are not just focusing on food production; we are also looking at the economic benefits,” the Executive Secretary said. “We want to create a situation where farmers can earn a decent living, where they can afford to send their children to school, and where they can contribute to the country’s economic growth.”

    NALDA’s approach is not just about increasing food production; it’s also about creating a sustainable and inclusive agricultural sector. The agency is working closely with state governments, local communities, and private sector stakeholders to ensure that its projects are tailored to the specific needs of each region.

    “We are here for every serious farming group, cooperative, company, and sub-national government level,” the Executive Secretary said. “We need to work together to achieve food security, which leads to general security. When everybody is engaged and secure, there’s nobody that wants to run around like a madman. Everybody just wants to get engaged doing something.”

    As NALDA continues to drive its innovative approach to agricultural development, the agency is calling on stakeholders, including farmers, private sector investors, and the media, to support these efforts and work together to ensure Nigeria’s food security.

    Read also: Mega farm estates will revolutionise Nigeria’s agricultural ecosystem – Adebayo, CEO, NALDA

    “We need to educate Nigerians properly, to let them know what we are doing, to let them know where they can benefit, and to let them know where they can come in to assist,” the Executive Secretary said. “Together, we can ensure that Nigeria is secure in food, and when we are secure in food, we are secure in everything else.”

    NALDA, established in 1992, has the core mandate to provide strategic public support for land development, promote and support optimum utilisation of Nigeria’s rural land for accelerated production of food and fibre, encourage and support economic size farm holdings and promote consolidation of scattered fragments holdings to generate net incomes.

    Among other activities, the agency is charged to encourage large-scale agricultural development, provide land development in the agricultural sector through infrastructural development, education facilities, storage, access roads, and the partitioning of lots, encourage food production, and also improve the production for export.

    It is to be recalled that the agency was merged into the Ministry of Agriculture and Rural Development, now the Ministry of Agriculture and Food Security, and again formally revived in 2020, with operations formally started in 2021.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Barrières en métal, parpaings, pierres… une quarantaine d’individus piègent des policiers qui intervenaient pour un vol de moto

    Commodities

    La lente construction d’un barrage en Côte d’Ivoire, entre ambitions énergétiques et désillusions

    Commodities

    FEQ : puissant et provoquant Slayer | Radio-Canada

    Commodities

    une tendance haussière qui confirme son rôle d’amortisseur de crise

    Commodities

    Davis Commodities conçoit une plateforme pour le règlement des produits agricoles via la blockchain

    Commodities

    Davis Commodities étudie la tokenisation du commerce agricole alors que le cadre réglementaire des stablecoins progresse aux États-Unis

    Commodities
    Leave A Reply Cancel Reply

    Top Picks
    Commodities

    Enphase Energy’s Level 2 home EV chargers now come with NACS connectors

    Commodities

    Hit by curbs on export of Indian commodities, Malaysia refers to friendly ties to urge India to ensure supplies

    Investments

    A ‘nice’ Pirates Hall of Fame induction for Barry Bonds was a simple way to remember some complicated times

    Editors Picks

    Vance touts digital currency as Democrats criticize Trump’s crypto push

    May 28, 2025

    Missing 64-Year-Old Subject of Silver Alert Found

    August 21, 2024

    Trucking, copper, cocoa: Volatility roils commodities

    March 26, 2025

    Frédéric Duvernet ouvre son entreprise de pliage et découpe du métal

    April 24, 2025
    What's Hot

    Short Interest in Agricultural Bank of China Limited (OTCMKTS:ACGBY) Increases By 60.0%

    July 13, 2024

    Pension reform: A stimulus without timetable or direction

    June 19, 2025

    Record number of 401(k)-created millionaires, but many struggle with retirement savings

    August 28, 2024
    Our Picks

    US wholesale: Week 18 ‘market pulse’ updates available on key seafood commodities

    April 28, 2025

    Après la demande buzz de Stephen Curry, Adam Silver lui répond sèchement !

    February 16, 2025

    Today In Metal History 🤘 July 16th, 2024🤘 DEEP PURPLE, JOHNNY WINTER, STYX, JUDAS PRIEST

    July 16, 2024
    Weekly Top

    Mesa Laboratories (NASDAQ:MLAB) Will Pay A Dividend Of $0.16

    July 12, 2025

    FIP Silver Koksijde & Giulianova – Plusieurs Français en piste pour les huitièmes

    July 12, 2025

    Crypto Week Begins July 14 as Congress Votes on Key Bills

    July 12, 2025
    Editor's Pick

    Sun Silver demande l’arrêt des transactions -Le 24 mars 2025 à 02:16

    March 23, 2025

    Why Is Gold Mining Dividend Stock Newmont Selling Off With Gold Prices at All-Time Highs?

    October 27, 2024

    Azerbaijan, Russia strengthen agricultural ties in online ministerial meeting

    April 24, 2025
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.