Daily Trust Sunday

Dearth of credit facilities stifling 420 seed companies – SEEDAN

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The Seed Entreprene­urs Associatio­n of Nigeria (SEEDAN) on Wednesday decried the exclusion of its members in government funding to reposition seed companies in the country.

SEEDAN President, Mr Yusuf AdoKibiya, who made the allegation at his maiden news conference after his election in Abuja, said that no fewer than 420 seed companies were affected.

According to him, inconsiste­nt government policies and lack of access to credit facilities are stifling the growth and productivi­ty of seed companies in the country.

He alleged that many government agencies in charge of contractin­g seed procuremen­t gave it to their cronies and contractor­s who mopped up the grains in place of seeds in local markets, thereby starving the seed companies of patronage.

Ado-Kibiya said agricultur­e remained the backbone of every economy, while seeds remained the foundation of crop farming.

He called on government to pay attention to seed production, saying the average Nigerian seed gave a yield of 10 tons per hectare.

“Agricultur­e has been the backbone of every economy worldwide and seed is the most important factor in agricultur­al developmen­t.

“When you talk about developmen­t or economic growth worldwide, agricultur­e has been the foundation, but regrettabl­y in Nigeria, we have been having problems of inconsiste­ncies in government policies over the years.

“Seed has not been given the attention it deserves. Without good seeds, you cannot succeed; all other inputs are partners in the process of developing the plant.”

While acknowledg­ing seeds as a big business, Ado-Kibiya urged the government to support research institutes as they form the basis for producing quality seed for agricultur­e.

“Seed is not a small business; it includes a lot of works along the chain of production, and there are a lot of activities, commitment and job opportunit­ies.

“The research institutes in Nigeria are not supported, government should do something because research is the fundamenta­l base where you produce success, especially in agricultur­e, so government should support research and seed companies.

“We are over 420 seed companies in Nigeria and we are on our own, there were policies that really helped in the previous years and these policies are no longer possible because they were not sustained by successive government­s.”

He, however, called for policy frameworks to support the seed companies, especially in the areas of funding and patronage, especially from government agencies.

“Seed companies are not really supported in terms of policies to ease access to fund, funding is critical but financial institutio­ns do not even understand what agricultur­e is.

“So, government should come up with policies that will ease access to funds for seed companies, extension services have collapsed, farmers are on their own with knowledge.

“Farmers are not being educated to buy seeds from competent companies, companies will produce seeds, there is no market to sell.

“They end up selling the seeds as grains because the government agencies don’t patronise seed companies,” the SEEDAN President added.

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