Nigerias 2025 Agriculture Budget Does Not Meet the Maputo DeclarationExpert [Video]

Chief Visionary Officer of Awesome Continental Adetiloye Aiyeola has contributed his thoughts on Nigeria’s agricultural budget for 2025.

According to Awesome Continental’s Chief Visionary Officer, who appeared on Business Edge on News Central TV, the budget does not meet the Maputo declaration which mandates 10% of GDP allocation to agriculture.

He stated, “With this budget, I don’t see us developing our agro-industrial base.” 

In the Maputo Declaration on Agriculture and Food Security, African leaders pledged to devote a minimum of 10% of their national budgets to rural development and agriculture. At the African Union’s Second Ordinary Assembly in Maputo, Mozambique, in July 2003, the declaration was approved.

The proclamation also calls for yearly agricultural growth of at least 6%.To assist nations in achieving these objectives, the Comprehensive Africa Agriculture Development Programme (CAADP) of the African Union was created. The objectives of the CAADP are to raise incomes, create jobs, and enhance nutrition and …