The Flour Millers Association of Nigeria (FMAN), has decried that the country is losing a monumental sum of N2 trillion yearly through the importation of wheat from Canada, Mexico, the USA and other countries across the world, a development that is having a negative impact on its economic growth.
This lamentation was made at the 2022 Wheat Farmers Greenfield Day held in Zindi, Misau LGA of Bauchi State organized by the FMAN in collaboration with the Central Bank of Nigeria (CBN) and other agencies to promote wheat cultivation and save money on its importation.
Wheat cultivation is important for economic and commercial reasons for both individual farmers and the country as a whole due to its readily available market as it has wide applications in flour production for confectionary and traditional consumption.
Wheat Production Opportunity in Nigeria
FMAN has taken an active role in the solution, beyond providing offtake, as it sees itself as a partner in progress in achieving the government’s objective of fixing the wheat value chain given the supply gap and importance of wheat production in Nigeria.
National President of FMAN, Alh Salim A. Salim complained that Nigeria, which is one of the largest consumers of wheat, cannot produce what it needs, adding that we need to concentrate on farming wheat to meet our local demand.
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Salim noted that the Federal Government funded anchor borrowers’ scheme of the Central Bank of Nigeria (CBN) has boosted wheat production in 15 states in the North, calling on the farmers to seize the opportunity to participate in the program.
Salim called on farmers to seize the opportunity offered by the Federal Government funded anchor borrowers’ scheme of the Central Bank of Nigeria (CBN), which has boosted wheat production in 15 states in the North.
