The Minister of Agriculture, Audu Ogbeh, has decried the high rate of food importation in Nigeria and how local farmers are affected by the 'annoying situation'.
Ogbeh, who spoke during a budget defence session at the National Assembly on Tuesday, lamented that the country imports almost everything, including commodities that can be produced in Nigeria, putting the nation's development in jeopardy.
He said, "Let nobody take it lightly, these guys have seized this country's economy, taken us hostage and they have no intentions of giving up.
Meanwhile, a basket in town is less than N2000; the farmers are losing money because the processors don't have enough funds to set up factories."
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