Nigeria’s Vice President Kashim Shettima, on Monday, met with the Prime Minister of Italy, Giorgia Meloni, to discuss bilateral trade.
OsunDailyNG reports that the former Governor of Borno State met with Meloni on the sidelines of the United Nations (UN) Food Systems Summit in Rome.
The vice president also met with the Prime Minister of the Republic of Niger, His Excellency Mahamadou Ouhoumoudou on the sidelines of the UN Summit.
See some photos from the meetings below.
Meanwhile, Shettima has said Nigeria has mobilized over half a billion dollars for innovative, profitable, equitable and sustainable food systems transformation initiatives
The Vice President made the disclosure while chairing a high-level meeting on the first day of the UN Food Systems Summit declared open in Rome, Italy by the United Nations Secretary-General, Antonio Guterres.
Shettima said the funds were mobilised “through domestic resources, multilateral development banks, international financial institutions, climate funds leading agro-businesses,” and would be used for “Innovation finance for food system transformation; development of Nigeria’s agro value chain and Special Agro-Industrial Processing Zones programmes.”
Explaining further, Shettima said, “In this event, the Government of Nigeria will be showcasing its Value Chain Development Programme (VCDP) as a unique example of a successful partnership between producers, the public sector and private operators.
“The VCDP which is co-funded by the of Nigeria and IFAD has empowered vulnerable farmers and youth to engage in commercial partnerships with some of the biggest food processing and marketing firms in the world such as OLAM, a world-leading agri-business company operating in over 60 countries with an annual revenue of about $39.8 billion.”
Stating the government’s vision for ending hunger, the vice president added that “building on the success of the VCDP, the Federal Government is determined to capacitate Nigeria’s rural smallholders and operators, youth and women living below the poverty line to take advantage of the new Special Processing Zones.”
On the Special Agro-Industrial Processing Zones (SAPZ), Shettima said it “brings together local governments, IFAD, AfDB, IsDB, GCF, OLAM and other private actors alongside the government of Nigeria for transformative financing of food systems that leaves none behind.”
While featuring in the panel discussion with the Prime Minister of Somalia, Hassan Sheikh Mohamud; Deputy President of Kenya, Rigathi Gachagua; and Prime Minister of Niger Republic, Ouhoudou Mahamadou, Shettima said President Tinubu is determined to transform the concept and meaning of modern governance by demonstrating commitment towards the food system in the country.
According to him, “President @officialABAT hit the ground running from day one of his administration, which is barely two months in office, and has therefore declared a state of emergency in food security and took it as a livelihood item within the National Security Council.”
On removing impediments to economic recovery, Shettima said the Tinubu government had two albatrosses around its necks which included the removal of subsidy on petrol and multiple exchange rates system.
He said: “We withdrew the subsidy on petrol from day one, just like President Ruto did in Kenya. To mitigate the effects of the subsidy removal, the government embarked on the immediate release of grains and fertilizers.
“A commodity marketing board has been put in place to continuously review and monitor the prices of food items.
“Along this way, the President has already approved the infusion of a huge quantum of funds towards repositioning of our security architecture because we have similar problems with Somalia and Kenya, especially in the northeast and northwest regions of the country. We are repositioning our security architecture to provide support for farms and farmers.”
