Niger state to assist farmers acquire free carbon credit funds to boost food production

Date:

April 18, 2024.

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Azonuchechi Chukwu.

The government of Niger state has announced plans to assist at least 2,500 farmers in the state by providing access to the Federal Government’s carbon credit-free funds, aimed at boosting food production.

Dr. Mathew Ahmed, the Permanent Secretary of the state’s Ministry of Agriculture and Food Security, made this announcement in Minna during the inauguration of this year’s wet season farming.

Carbon credits allow companies that are unable to reduce greenhouse gas emissions to offset these emissions.

He stated, “Let me announce to you that we are partnering with a company to help our farmers get carbon credit-free funds to increase food production.’’

“This will help the farmers to know how the soil will absorb carbon to help the development of their crops.”

“We will help the farmers take their soil samples and analyse them to benefit their agricultural activities.”

He mentioned that the ministry is partnering with Niger Foods to enhance agricultural development in the state.

Ahmed advised farmers to delay their planting activities until May, when the regular rainfall is expected to begin.

The permanent secretary clarified that the facility involves annual payments made to the Federal Government by companies in the country that emit carbon monoxide into the atmosphere, contributing to environmental pollution.

According to him, “This is why we have the issues of global warming and sudden climate change.”

“It is free money to the farmers because they attract carbon into the soil,’’ (www.naija247news.com).


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Azonuchechi Chukwu
Azonuchechi Chukwuhttps://gravatar.com/azonuchechivchukwu
Azonuchechi Chukwu - Business Journalist at Naija247news.com Azonuchechi Chukwu is a seasoned business journalist contributing to the insightful coverage of economic and financial news at Naija247news.com. With a passion for unraveling the complexities of the business world, Azonuchechi brings a wealth of expertise and dedication to his role. As a Business Journalist, Azonuchechi specializes in providing comprehensive analyses of market trends, corporate developments, and economic indicators. His in-depth reports offer Naija247news.com readers a nuanced understanding of the forces shaping the Nigerian and global business landscapes. Azonuchechi Chukwu's commitment to journalistic excellence is evident in his ability to translate complex financial information into accessible and engaging narratives. Whether exploring stock market fluctuations, corporate strategies, or economic policies, he strives to deliver content that empowers readers with valuable insights. With an educational background in business and a keen interest in the intersection of finance and technology, Azonuchechi stays at the forefront of industry dynamics. His coverage extends beyond traditional financial reporting, encompassing the dynamic realms of fintech, entrepreneurship, and sustainable business practices. Azonuchechi Chukwu's work goes beyond the surface, aiming to foster financial literacy and awareness among Naija247news.com's audience. By demystifying economic complexities and shedding light on emerging opportunities, he plays a pivotal role in keeping readers well-informed in the fast-paced world of business. As Naija247news.com's Business Journalist, Azonuchechi Chukwu continues to make meaningful contributions to the platform's mission of delivering timely, accurate, and relevant business news to its diverse audience. His dedication to journalistic integrity and his ability to navigate the intricacies of the business realm make him an invaluable asset to the Naija247news.com team.

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