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The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele has disclosed that Nigeria’s wheat production is expected to rise as 100,000 hectares of wheat was planted in the 2021 dry season.
Emefiele made the disclosure at the unveiling of the CBN rice pyramids by President Muhammadu Buhari on Tuesday.
He also added that Nigeria’s rice production increased 2.4 metric tons per hectare in 2015 to about 5 metric tons per hectare in 2021
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In his words, “CBN in collaboration with the Wheat Farmers’ Association had concluded the first major wet season wheat farming in Plateau State and planted over 100,000 hectares of wheat across 15 States in the 2021 dry season.”
President Buhari at the event urged agricultural commodity associations that are yet to participate in the Anchor Borrowers’ Programme to emulate the Rice Farmers’ Association of Nigeria to key into the administration’s drive for food self-sufficiency.
The President also commended the rebirth of the Nigerian Commodity Exchange, noting that farmers would be ready for the off-take of their produce, thereby resolving the current logistical challenge of moving their produce from farm to markets.
