Connect with us

News

AfDB boss,Adesina reveals how to make agriculture work for Africa and the world

Published

on

I would like to thank you Louise for your very kind invitation and your gracious comments. I would also like to congratulate Wageningen University & Research on its 100th anniversary. Wageningen is one of the best universities in agriculture in the world. As Professor Louise Fresco will tell you, “it is the best.”  Oh well, I am not going to disagree with my big sister. Hearty congratulations!

Louise you have called us into a discussion to talk about what is extremely critical to our world. Let us just all be clear that there are certain things we should never get used to. The abnormal should never become normal. Not having food is abnormal.

https://iso.keq.mybluehost.me/nigeria-zero-hunger-forum-proffer-steps-to-end-hunger/

In the world today, the number of hungry people has increased from 777 million in 2015 to 815 million people in 2016. In the case of Africa, climate change will add an additional 38 million people that are hungry by 2050, according to the International Food Policy Research Institute. Let’s also be clear, we are not yet winning the war against global hunger and malnutrition.

We have a moral responsibility to tackle this problem. It’s one that we can collectively address. In the case of Africa, there is absolutely no reason for food insecurity on the continent.

Africa has 65 percent of all uncultivated arable land in the world to feed 9 billion people by 2050.

Therefore, what Africa does with agriculture will determine the future of food in the world. The greatest agenda we have is how to unlock Africa’s agricultural potential. As my late mentor, Dr. Norman Borlaug used to say, “you cannot eat potential.’

Let’s talk about the opportunities in agriculture.

First and foremost is the size of food and agribusiness in Africa, which will be a one trillion-dollar industry by 2030. Quite naturally, this is a money-making sector to help not only to feed Africa, but also to create an enormous amount of wealth for Africa. The irony is that Africa is spending US$35 billion on food imports each year, which if nothing is done will rise to 110 billion dollars by 2020.

Just think of the Savannas of Africa. There are 400 million hectares of Savannah, of which only 10% is cultivated. That is, a mere 40 million hectares.

https://iso.keq.mybluehost.me/unleashing-the-great-potential-of-africas-youth-to-achieve-sustainable-development/

If Africa can get the right tech to raise productivity, transform its savannahs, turn agriculture into a business and address the issue of nutrition – Africa can feed itself in 10 years and contribute to feeding the world in the years to come.

What is the African Development Bank doing to unlock that potential?

  • The Bank has launched the Feed Africa strategy, investing US$24 billion in agriculture over the next 10 years. Our focus is scaling up technology to reach millions of farmers.
  • As part of this plan, the Bank is building and developing agricultural value chains that will allow Africa to process and add value to everything it produces.
  • Third, we support the production, distribution and availability of nutritious food  to address malnutrition and stunting and finally,
  • Turn agriculture into a wealth creating sector and not one for managing poverty.

Key programs we have rolled out.

  1. Technologies for African Agricultural Transformation (TAAT). This is a billion-dollar initiative the Bank is working on with several partners, including the Bill and Melinda Gates Foundation, the Consultative Group on International Agricultural Research (CGIR), the private sector, the International Fund for Agricultural Development (IFAD) and the Alliance for a Green Revolution in Africa (AGRA). TAAT is focused on making sure that existing technologies that can transform agriculture are taken off the shelves; We seek to impact 40 million farmers with different commodities. TAAT is about technology without borders, and we have rolled out the program in 15 countries.
  2. The second key program is Enable Youth. This is an innovative strategy for getting younger people interested in agriculture. Better still, investing in a new generation of young commercial farmers, agribusiness entrepreneurs to make agriculture cool and attractive and we are investing a US300 million in 5 countries.
  3. The third area of our investment is the African Leaders for Nutrition program, which is endorsed by African Union with a goal of developing an African nutrition index to rate and rank countries in terms of their progress on nutrition. The point here is to have political accountability on nutrition, because we know the solution to it and we want it to be scaled up. And to eliminate the scourge that has afflicted 54 million children today.
  4. I would like to say something about the savannahs. We have launched an initiative to transform Africa’s savannahs using the best technology available and we have started in five countries already including 10,000 ha in northern Ghana.
  5. And finally, we are investing in the idea of Staple Crop Processing Zones that will impact rural economies, enabling investments in infrastructure like power, water, and roads that will support private agribusiness and agro allied industries to be located in and around the rural areas. This will add value to agricultural products and turn rural economies from zones of economic misery to zones of economic posterity via agricultural industrialization.
  6. In conclusion, I believe these initiatives will help us significantly raise agricultural productivity and change the perspective on agriculture. They will get young people into agriculture, help to focus on the cultivation of nutritious foods and structurally transform agriculture into a dominant sector for food and nutrition security. The productive base of African economies will also be diversified even as they become competitive in the global markets through value addition to everything that they produce.
  7. At the end of the day, it is all about having partners on board, and involving  stakeholders in the private sector, the CGIR, national governments, civil society, universities and research institutions, financial institutions,   multilateral and bilateral donors.

I just want to say that what the Bank does is in alignment with the development policy of the Netherlands.  I am delighted to be here in the Netherlands with a great partner in agriculture.

We will build a bigger alliance to ensure zero hunger in Africa.

Comments

News

Ford Trims Workforce: 4,000 Jobs to Go in Europe

Published

on

By

(FILES) The logo of carmaker Ford is pictured on the sidelines of a warning strike called by metalworkers’ union IG Metall at the plant of carmaker Ford in Cologne, western Germany, on October 29, 2024. – US car manufacturer Ford on November 20, 2024 announced plans for 4,000 further job cuts in Europe, mostly in in the UK and Germany, in the latest blow to the continent’s beleaguered car industry. (Photo by INA FASSBENDER / AFP)

US car giant Ford on Wednesday announced 4,000 more job cuts in Europe, mostly in Germany and Britain, in the latest blow to the continent’s beleaguered car industry.

“The company has incurred significant losses in recent years,” Ford said in a statement, blaming “the industry shift to electrified vehicles and new competition”.

The move will affect 2,900 jobs in Germany, 800 in the UK and 300 in western Europe by the end of 2027, a Ford spokesman told AFP.

“It is critical to take difficult but decisive action to ensure Ford’s future competitiveness in Europe,” said Dave Johnston, Ford’s European vice-president in the statement.

The company also said it was adjusting the production of its Explorer and Capri models, resulting in reduced hours at its Cologne plant in the first quarter of 2025.

Europe’s car industry has been plunged into crisis by high manufacturing costs, a stuttering switch to electric vehicles and increased competition in key market China.

 

Germany’s Volkswagen has been among those hardest hit, announcing in September that it was considering the unprecedented move of closing some factories in Germany.

 

“The European automotive industry is in a very demanding and serious situation,” Volkswagen CEO Oliver Blume said at the time.

 

Ford had already announced in February 2023 that it was planning to cut 3,800 jobs in Europe, including 2,300 in Germany and 1,300 in Britain.

The company said then it was planning to reduce the number of models developed for Europe, concentrate on the profitable van segment and speed up the transition to electric vehicles.

Ford currently has around 28,000 employees in Europe with 15,000 in Germany, according to the company’s works council.

 

Continue Reading

News

Tinubu Dissolves UNIZIK Council, Sacks VC, Registrar, Otukpo Pro-Chancellor

Published

on

By

 

President Bola Tinubu has approved the dissolution of the Governing Council of Nnamdi Azikiwe University (UNIZIK), Awka, Anambra State, and the removal of the institution’s Vice-Chancellor, Prof. Bernard Ifeanyi Odoh, and Registrar, Mrs. Rosemary Ifoema Nwokike.

The council, chaired by Ambassador Greg Ozumba Mbadiwe, comprised five other members: Hafiz Oladejo, Augustine Onyedebelu, Engr. Amioleran Osahon, and Rtd. Gen. Funsho Oyeneyin.

A statement released on Wednesday by presidential spokesperson, Bayo Onanuga, revealed that the council was dissolved following reports of procedural violations in appointing the vice-chancellor.

According to the statement, the council had allegedly appointed an unqualified candidate, disregarding due process, which triggered tensions between the university’s Senate and the council.

The Federal Government expressed dismay over the council’s actions, emphasizing the need for adherence to the university’s governing laws in decision-making.

“The council’s disregard for established rules necessitated the government’s intervention to restore order to the 33-year-old institution,” the statement noted.

In a related development, President Tinubu also approved the dismissal of Engr. Ohieku Muhammed Salami, the Pro-Chancellor and Chairman of the Governing Council of the Federal University of Health Sciences, Otukpo, Benue State.

Salami was accused of suspending the university’s Vice-Chancellor without following the prescribed procedures, a move the Federal Ministry of Education had previously directed him to reverse.

Despite the Ministry’s directives, Salami reportedly refused to comply and resorted to issuing threats and abusive remarks towards the Ministry’s officials, including the Permanent Secretary.

The Federal Government reiterated that the primary role of university councils is to ensure the smooth operation of academic activities, strictly adhering to the laws establishing each institution.

Tinubu warned university councils against engaging in actions that could destabilize their institutions, as his administration remains committed to enhancing the nation’s education system.

Continue Reading

News

Ekiti Workers to Earn N70,000 Minimum Wage as Govt Signs MoU with Unions

Published

on

By

 

The Ekiti State Government has reached an agreement with labour leaders in the state, signing a Memorandum of Understanding (MoU) for the payment of the N70,000 minimum wage approved by the Federal Government.

Addressing journalists at a brief ceremony in Ado-Ekiti on Tuesday, the Head of Service (HoS), Dr. Folakemi Olomojobi, announced that the payment would commence immediately.

She lauded Governor Biodun Oyebanji for prioritizing the welfare of workers despite the state’s limited resources.

“This development demonstrates the governor’s commitment to improving the livelihood of our workers,” Dr. Olomojobi stated, highlighting the proactive measures taken by the administration to ensure prompt implementation.

In their remarks, the Trade Union Congress (TUC) Chairman, Comrade Sola Adigun, and the Nigeria Labour Congress (NLC) Chairman, Comrade Olatunde Kolapo, expressed their appreciation to Governor Oyebanji for fulfilling his promises to workers.

They confirmed that the new minimum wage would apply to all cadres, including employees in ministries, parastatals, agencies, and pensioners.

The Chairman of the Joint Negotiating Committee (JNC), Comrade Femi Ajoloko, described the implementation as a fair and commendable adjustment.

“This decision reflects the governor’s magnanimity and his dedication to fostering a productive workforce in Ekiti State,” he said.

Continue Reading

Trending