ASAP: AfDB, Federal Gov’t, CBN Begin Distribution Of Fertilizers To Farmers

The minister of finance and coordinating minister of the economy, Mr Wale Edun, has reiterated federal government’s dedication to addressing key issues confronting the Nigerian economy, including agricultural productivity.

The minister announced a coordinated dry season farming initiative, with the Ministry of Finance, Central Bank of Nigeria (CBN), Federal Ministry of Agriculture and Food Security and the African Development Bank (AfDB) collaborating to ensure the timely delivery of fertilizers and other critical inputs to farmers.

The minister made the announcement at the first meeting of the Accelerated Stabilization and Advancement Plan (ASAP) implementation committee, marking a significant milestone in Nigeria’s renewed commitment to addressing critical economic challenges and fostering sustainable development across key sectors, according to a post on the X handle (formerly Twitter) of the finance ministry late Friday night.

The ASAP initiative is a key component of President Bola Tinubu’s ambitious reform agenda, targeting eight priority sectors, including Agriculture, Energy, and Health.

In his opening remarks, the minister highlighted the collaborative nature of the project, informing the committee that they would work closely with technical experts from various government agencies to establish clear milestones and ensure the effective execution of the plan.

The meeting brought together key government officials, including; the minister of agriculture & food security; the minister of budget and economic planning; the coordinating minister of health and social welfare; the minister of power, minister of state for petroleum resources (Gas) and the director-general of the Budget Office of the Federation, Mr. Tanimu Yakubu Kurfi among others.

“As the ASAP implementation committee moves forward, it will focus on driving progress in each of the identified priority areas, ensuring that the Plan’s objectives are met with precision and accountability,” the statement posted on X read in part.