Acting President urges incentives for farmers to enhance trade competition
19 May, 2017
The Acting President, Professor Yemi Osinbajo said it was very important to give local farmers incentives to be able to compete favorably in international market. He said this when he addressed the Presidential Enabling Business Environment Council (PEBEC) meeting in Abuja.
According to him, the reason the imported rice are cheaper than local rice is that the foreign producers get incentives to produce at cheaper rates. The acting president said that trade was a serious business and all countries of the world understood that trade created employment at home and made their countries to grow and make progress.