(SINL NIGERIA) The Nigerian Senate on Tuesday passed for second reading a bill for an act to establish the National Food Reserve Agency.
The bill seeks to further develop the agricultural sector by ensuring national food security and income through marketing and storage services, as well as addressing emergency food crisis.
Sponsored by Senator Saliu Mustapha (Kwara Central, APC), the bill was first read on Thursday 5th October 2023.
Senate Saliu, in a lead debate at the Senate plenary said the bill will also establish the National Food Reserve Agency for the purposes of implementing the National Food Reserve policy, reducing post-harvest losses and providing food security for the nation.
Justifying the bill, the lawmaker noted that it recognizes the need to fill the apparent gap in Agricultural Development and coordination of programmes and projects in the nation with the collaboration of national and international agencies.
He said “establishing an Agency for the purpose of food reserve is essential to enhance food and nutrition security. A strategic grain reserve will stabilize staple food prices for the benefits of both consumers and farmers and the National Food Reserve Agency
“When established, would facilitate, and provide guidelines for the establishment and maintenance of buffer stock that will ensure price stabilization and food security.
“The proposed Food Reserve Agency will be responsible for storing food grains and other commodities for strategic purposes.
“The present hardship faced in relation to soaring prices of food commodities can be mitigated with the existence of this Agency which could have ensured price stabilization and ensure availability of food produce with maintenance of buffer stock”.
He continued “it will implement the overall National Food Reserve Policy to ensure a reliable supply of designated commodities and meet local shortfalls in supply of designated commodities in the country, reduce post-harvest losses by construction and management of silos, warehouses and other suitable storage facilities to be installed at such places and ensure the maintenance, availability and functionality of all plants, equipment and ancillary facilities within the country.
“facilitate and provide guidelines for the establishment and maintenance of buffer stock by all States of the Federation amongst others”.
Senator Saliu concluded that the bill when passed into law will fulfill the nation’s aspiration of feeding itself and attaining national food security.
“The food reserve stocks can compensate for shortfalls in foreign currency, offset supply shocks or surge in demand and also facilitate humanitarian response to food emergencies.
“It will help us as a Nation to cope with the impact of climate change on food production and supply. With the passage of this Bill, this hallow Chambers will be putting the nation on the path of food security and self-sufficiency”.
