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In the darkness occasioned by the prevailing economic crisis in the country, Vice President Yemi Osinbajo has said the government of the day is seeing light at the end of the tunnel.
Vice President Osinbajo was speaking at The Platform May Day event when he made the comment, and said there is already the Strategic Implementation Plan in place to curtail the economic recession, which many economic analysts have said might rescind by the end of Q2.
He said the economic recovery plan is heavily hinged on agriculture and entrepreneurship.
Prof Osinbajo said with agriculture, the nation “do not have to depend on one source of revenue”.
“Focusing on agriculture is key; as it creates the fastest way of creating employment,” Osinbajo said.
Narrating key development in the agriculture sector, Osinbajo said “By the end of 2018, we should be self-sufficient as far as rice is concerned”.
The Vice President said government is improving on farming practices, essentially to improve on wheat production. “We can hit our target for wheat production in 18 months,” he said.
Speaking on the availability of fertilizers to boast agricultural output, Osinbajo said, “Before now we were importing most of our fertilisers but this year we decided to resolve the problem once and for all”.
“We are now able to use our own blending plants to produce our fertilisers locally.
“And there are jobs being created around this fertiliser industry.
“All of these are great news in what we are seeing around agriculture,” he added.