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Home Economy

FG eyes OECD membership to spawn seed production

Business 360 by Business 360
October 4, 2022
in Economy
0
Nigeria needs $2.3tn to address infrastructure deficit-FG

The Federal Government has revealed its intention for the country to be a full member of the Organisation for Economic Co-operation and Development (OECD) in order boost seed production and export.

Director General of National Agricultural Seeds Council (NASC), Dr. Philip Ojo, stated this at the workshop on international OECD seed certification recently in Abuja. Ojo said Nigeria being an OECD member would help the country tap into the international seed trade for seeds to be sold outside the shores of Nigeria.

This is even as he assured stakeholders that the country will no longer be dumping ground for adulterated seeds from other countries. He said, “the OECD scheme is an international organisation in the seed trade that we are joining.

We have observer status now, we are trying to become a full scale member so that our products will be able to key into that international seed trade. “With what is going to happen now, our seed is going to be sold anywhere and also, our seed companies will be able to sell their seeds and increase income and economic prosperity for our country

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