The Agricultural and Rural Management Training Institute (ARMTI),Ilorin, Kwara State, has reiterated its readiness to support the government to introduce more effective policies that will spur agricultural development and attract more investors into the sector.
In a statement, the institute’s spokesman, Mayowa Gidado, said a huge capital is needed to restructure the sector, of which credit must play a key role.
To develop the sector, the institute said it needed more investors to bring in capital and high-tech projects.
According to the institute, joint efforts are needed to turn the country into one of the world’s top producers and processors of high-quality farm produce.
ARMTI is seeking direct credit for the agriculture sector into high value production and participation in the global value chain.
To unlock the full potential of the sector, the institute wants the government to formulate a clear strategy with an emphasis on sustainable agric farming.
The institute is holding a National Seminar on Coordination Framework for Agricultural Financing in Nigeria in Ilorin February 7 to promote a policy to make agricultural investment attraction.
The policy dialogue will cover many types of incentives for agricultural and rural development financing.
The dialogue will advocate credit policies that will focus on encouraging high tech farming in order to improve product quality and value.