US$5-billion lost due to cassava inefficiency

Posted on: Fri, 21 Sep 2007


Prof. Dupe Olatunbosun, a professor of agricultural economics, said this amount could have been generated through the export of cassava products and savings on wheat importation. He added that 5 million jobs could have been created for unemployed youths, had the cassava revolution programme been properly implemented.

There is a growing call for President Umar Musa Yar'Adua to ban all wheat and wheat bread imports into the country in order to stimulate local production.

Without the speedy development of its agricultural sector, Nigeria's goal of becoming one of the 20 largest economies in the world by 2020 could be in jeopardy.



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