NEWSLETTER.
A Publication of the Zion Faith Bible-Believing Church Kpeyegyi Abuja Nigeria. {Vol. 13. NO 580. 1st December 2024} “…ONLY The Truth, Will Set You Free! (John.8:32). PRAY & FAST EVERY WEDNESDAY TO STOP BLOODSHED IN NIGERIA!
WHO WILL RESURRECT AGRICULTURE IN NIGERIA?
Since Former President Jonathan’s loss to Buhari in 2015, the very vibrant Agriculture Sector collapsed into a cess pool of endemic CORRUPTION!
And whereas there was a cerebral Minister of Agriculture now two - term President of the African Development Bank Group whose midas touch turned the sector into a Gold Mine for Nigerian Farmers!
BRIEF RESUME OF THE WONDER MINISTER!
Dr Akinwumi A. Adesina is the 8th elected President of the African Development Bank Group. He is a globally renowned development economist and agricultural development expert, with more than 30 years of international experience.
A firm believer in private sector-led growth, Dr. Adesina radically changed the perception of agriculture in Nigeria from that of subsistence to a viable business that successfully attracted $5.6 billion in private sector investments. Prior to his appointment as Minister of Agriculture, Dr Adesina was the Vice President (Policy and Partnerships) of the Alliance for a Green Revolution in Africa (AGRA).
A bold reformer, as Minister of Agriculture in Nigeria from 2011 to 2015 Dr Adesina turned the agriculture sector of Nigeria around within four years. Under his tenure, Nigeria ended 40 years of corruption in the fertilizer sector by developing and implementing an innovative electronic wallet system, which directly provides farmers with subsidized farm inputs at scale using their mobile phones. Within the first four years of its launch, this electronic wallet system reached 15 million farmers, dramatically transforming their lives.
FARMERS ANCHOR BORROWER PROGRAMME UNDER EMEFIELE - THE SUSPENDED CBN GOVERNOR SEEMED GOOD ON PAPER BUT………?
Anchor Borrowers' Programme (ABP) is a program in Nigeria that connects smallholder farmers with companies that process and produce agricultural commodities. The program's goal is to increase agricultural production, stabilize the supply of inputs to agro-processors, and address the country's food balance of payments.
THE PROCEDURE.
The Central Bank of Nigeria (CBN) lends money to anchor companies at a one digit 9% annual interest rate. The anchor companies then distribute the loans to smallholder farmers.
The farmers use the loans to purchase farm inputs, such as fertilizer, water pumps, seedlings, and farm equipment. The farmers use the inputs to produce agricultural commodities.
When the crops are harvested, the farmers sell them to the anchor companies.
The anchor companies pay the farmers for their produce.
BENEFITS?
It is believed that the program can help smallholder farmers increase their agricultural production.
Can help stabilize the supply of inputs to agro-processors and address Nigeria's negative food balance of payments.
LIE, LIE, LIE!, SCAM, SCAM, SCAM!
When juxtaposed with Dr.Adesina's DIRECT INTERVENTION which made Millionaires of Farmers and a very robust economic gains for the country in few years of implementation in spite of national insecurity which still persists to date, the ABP was a Scam designed to benefit the middle interloper Anchor Companies! It failed from the onset and Mr Emefiele is having his day in the Court!!
WE DON'T WANT TO BE REMINDED........
* THAT the discovery of Crude Oil in 1968 followed by exploration and exploitation in Nigeria's Delta Region precipitated the collapse and eventual death of the boisterous agro-economy of the North which served as the national Food Basket through Groundnuts, Rice, Beans, Millets PYRAMIDS!
* THAT for 30 agonizing years of military aberration, all efforts to diversify from the mono-economy Crude Oil to Agriculture failed to yield positive results and consecutive Ministeries of Agriculture only existed as conduit pipes of massive institutional CORRUPTION!
* THAT in spite of the vast arable lands bequeathed by nature to all 36 States and the Federal Capital Territory (FCT), consecutive Nigerian Governments indulged in importation of all Cash Crops that could be cultivated in excess for export and the much-needed foreign exchange earrings!
DOES A MINISTER OF AGRICULTURE EXIST?
* According to the GRAPEVINE Mr. Renewed Hope has appointed a recycled politician Ex-Senator Abubakar Kyari to occupy the position of Minister of Agriculture and to ensure FOOD SUFFICIENCY IN FOUR YEARS through an immediate, medium and long-term plan to fix the country’s food crisis and revamp the agricultural sector in Africa’s biggest economy!
Prominent highlight of his appointment was change of nomenclature from Federal Ministry of Agriculture and Rural Development (FMARD) to the Ministry of Agriculture and Food Security (MAFS) to fall in line with the United Nations’ warning of global food shortages due to global warming and climate change effects!
Should the STRATEGIC Agriculture Portfolio be reduced to a political patronage appointment? Does agriculture not require any form of professionalism!?
THE ROT IN THE AGRICULTURAL SECTOR OVER THE DECADES!
Below are excerpts from various media reports:
* CORRUPTION: ICPC seizes N16bn from Ministry of Agriculture according to
ICPC Chairman Prof. Bolaji Owasanoye - Premium Times 28th September, 2020
1. The Independent Corrupt Practices and other Related Offences Commission (ICPC) recovered N16 billion from the Federal Ministry of Agriculture in 2020! The money was moved under suspicious circumstances below the threshold that would put it within the purview of the Accountant-General of the Federation.
He said that the ministry moved the money into an offline account in the Central Bank of Nigeria (CBN) where utilization would be outside the monitoring purview of Government Integrated Financial Management Information System (GIFMIS)
According to Owasanye, some of the recovered funds were paid into personal accounts, while others were used for non-official purposes.
Owasanye added that the commission discovered that payments were made to agriculture contractors for no job done or overpayment for jobs done and that some were appropriated to projects owned by private farms of senior civil servants of the ministry.
“One individual from the ministry now deceased, was said to have appropriated over N2.5b to himself and cronies,” he further disclosed!
2. Another Premium Times Report of November 26, 2020 exposed how the Agriculture Ministry made N3.08BN suspicious payments to personal accounts.
According to the news paper, the ministry used duplicated “vague payments” to share N3.08 billions to officials in what was a clear breach of the country's financial regulation.
In a series of disbursements between September and December 2020, a total of N3.08 billion was paid into the private accounts of 42 staffers of the ministry!
The payments were reported by the Open Treasury Portal (OTP), the federal government’s transparency portal launched in 2019 to ensure fiscal discipline among MDAs.
ALL OF THE ABOVE FESTERED WHEN EX-PRESIDENT BUHARI TOOK OVER FROM HIS PREDECESSOR GOODLUCK JONATHAN!
THERE CAN BE NO BETTER TIME THAN NOW FOR MR. PRESIDENT TINUBU TO STOP GLOBAL JUNKETING FOR LOANS; INTROSPECT, STOP THE CORRUPTION AND "MINE AGRICULTURE" FOR SURPLUS FOREX!
WITH ONE HOUSE PARLIAMENTARY SYSTEM OF GOVERNMENT ESTABLISHED BEFORE 29TH MAY 2025 ACCORDING TO THE CITIZENS’ DEMAND, THE RESULTS WILL BE STUNNING AND INTIMIDATING!
"A stitch in time saves nine".
[EXPECT A PRIME MINISTER IN NIGERIA NOW!]
Please look forward to more divine revelation in the next edition of Zion B-BC Newsletter as you share this with friends and remain blessed in the Lord. [For weekly access, to this newsletter, log on to: facebook.com/zionfaithbible.believingchurch or http://www.zfbbc1.blogspot.com,
Please look forward to divine revelations in The Sure Word Gospel Tracts, Our divinely inspired books on the Amazon KINDLE Store Namely: The Unbroken Chain of Grace, Nigeria’s Pot Pourri (Volumes 1-5), Godly Politicking For World Peace, and The Wedding Mascot Died
If you have not accepted the Lord Jesus Christ as your personal Lord and Saviour, don’t miss this great opportunity as you pray this prayer: Lord Jesus; I confess that I am a sinner who needs to be saved through the grace of the New Testament in your Blood, shed on the Cross at Calvary; I renounce every sin in my life and accept you as my Lord and personal Saviour. Please forgive me and write my name in the Book of Life. Amen. If you prayed this prayer, you have been admitted into the family of sons and daughters of God, who are born-again. Congratulations!
I am yours sincerely, THE WATCHMAN Dr. David B.A. Olufon, Resident Pastor and Editor. 08130669886, 08058436756. g-mail-dvdolufon@gmail.
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