Nigeria loses N543.7bn yearly on bean exportation ban

Nigeria loses N543.750 billion yearly to the ban on the exportation of beans, forcing a decline in the country’s export capacity.

It could be recalled that the European Union banned Nigeria over the exportation of beans in 2015 due to the threats of chemical substances.

Some of the banned pesticides include paraquat dichloride, dieldrin, ddt, aldrin and captafol.

Speaking to newsmen during the closing of the 2-day National Summit on Agroecology and Public-Private Partnerships on Agroecology in Lagos, the national chairman, Agricultural Development Projects (ADP), Mallam Muhammad Rili described agroecology as a transformative pathway to strengthens ecosystems.

“Agroecology will help the country save money and export good and acceptable agricultural produce in the global market. Bearing in mind that every Nigeria’s food rejected is Naira lost and unemployment increased,” he said.

The permanent secretary, Federal Ministry of Agriculture and Food Security, Dr. Marcus Ogunbiyi, represented by the Director of Planning and Policy Coordination, Ibrahim Tanimu, disclosed plans to prepare a dedicated budget aimed at strengthening financial support for agroecological interventions across the country.

“As government, we recognise that achieving sustainability requires a collaborative ecosystem, one where the public sector, private sector, development partners, and farmer organisations work hand in hand to accelerate impact,” he added.

The Country Director, ActionAid Nigeria, Andrew Mamedu, emphasised the importance of public-private partnerships as a key mechanism for addressing the challenges confronting agroecology in Nigeria.

“We are confronted with climate change, rising food prices, shrinking biodiversity, and deepening vulnerabilities among smallholder farmers, particularly women, who constitute 70% of the agricultural labour force,” he said.

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