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Obinna Chima
The Central Bank of Nigeria (CBN) has said its various development finance interventions in the agriculture sector are meant to guarantee food security.
CBN Director, Corporate Communications Department, Mr. Osita Nwanisobi, said during an interview at the CBN two-day fair in Lagos at the weekend, that all central bank’s interventions were also geared towards supporting the federal government’s quest to diversify the economy.
“If as a nation we cannot feed ourselves, then there is a major problem. Once we don’t have food security in this nation, it becomes a problem. For example, during the COVID-19 pandemic lockdown, we saw countries imposing some forms of export restrictions and you begin to wonder that if we didn’t champion the rice revolution in Nigeria, what would have happened? That is why we need to look inwards for the things that we need.
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