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House-of-Reps-at-plenary-e1690997627249
Nigeria NewsToday's News

Reps urge FG to ease loan access for cassava farmers

Dirisu Yakubu
Last updated: October 29, 2025 7:19 pm
Dirisu Yakubu
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The House of Representatives has called on the Federal Government, through the Central Bank of Nigeria, to ensure that cassava farmers have easy access to short-term loans as part of efforts to strengthen food security and expand the agricultural value chain.

The lawmakers also urged President Bola Tinubu to reconstitute the defunct Presidential Committee on Cassava Initiative, to enhance the welfare of cassava farmers and reposition the subsector for export competitiveness.

The resolution followed the adoption of a motion sponsored by Hon. Canice Nwachukwu (APC, Imo) during Wednesday’s plenary session.

Nwachukwu noted that cassava cultivation has become one of Nigeria’s most organised and promising agricultural ventures, with widespread processing for food products, livestock feed, and industrial applications. He highlighted that cassava by-products, such as garri, have become major export commodities, contributing significantly to foreign exchange earnings.

The lawmaker explained that cassava, grown in all 36 states and the Federal Capital Territory, serves multiple economic and nutritional purposes. Beyond its use as food, cassava peels and starch derivatives are valuable in livestock feed production, pharmaceuticals, and industrial manufacturing.

According to him, easy access to short-term loans and modern processing equipment would revolutionise cassava farming and enhance farmers’ income and productivity.

“If cassava processing machines and short-term loans are provided, farmers can transform cassava into garri and fufu hygienically and efficiently. This will boost market value, improve food quality, and help farmers contribute more to national GDP,” he said.

Nwachukwu added that Nigeria could achieve greater economic diversification by harnessing cassava’s export potential, using it as a viable alternative to crude oil for foreign exchange earnings.

He, however, expressed concern that despite being one of Africa’s largest cassava producers, Nigeria still processes about 90% of its yield locally, largely at the cottage level using rudimentary technology.

“Most processors are women who work under poor hygienic conditions with limited access to credit and modern equipment. These challenges result in low productivity, poor packaging, and minimal profits along the value chain,” he lamented.

Following extensive deliberations, the House urged the CBN to direct the Bank of Agriculture, Bank of Industry, and other financial institutions to create mechanisms that guarantee cassava farmers easy access to short-term credit facilities.

The lawmakers also called on the Federal Government to revive the Presidential Committee on the Cassava Initiative Programme (popularly known as the Composite Cassava Flour Initiative of 2002) to promote value addition, research, and farmer support.

Additionally, the House mandated the Federal Ministry of Agriculture and Food Security to embark on extensive training for peasant farmers on cassava production, processing, and packaging to improve standards and competitiveness.

The Committees on Agricultural Production and Services and Legislative Compliance were directed to monitor implementation and report back within four weeks for further legislative action.

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