‘Increase agriculture budgetary allocation’

‘Increase agriculture budgetary allocation’

The minister for
agriculture and rural development, Sheik Abdullah, wants budgetary
allocation to the sector increased to 15 per cent or more, stressing
its critical role in national development.

Mr. Abdullah, in an
interview with the News Agency of Nigeria in Abuja on Wednesday, said
that the sector remains a key component of the nation’s economy and the
focal point of national development.

The sector’s
allocation had increased progressively during the Obasanjo
administration from 3 per cent to 7 per cent. However, the allocation,
which peaked at 12 per cent in 2009 under the Yar’Adua administration,
nosedived a year later to 3.7 per cent.

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