LCCI, PwC host forum on economy

The Lagos Chamber of Commerce and Industry and PricewaterhouseCoopers will on Thursday host a stakeholders’ forum on the state of the Nigerian economy.

The objective of the forum, which holds in Lagos, according to the organisers, is to proffer solutions to the lingering economic challenges in the country by identifying and presenting alternative sources of revenue to the government.

The forum is expected to bring together key government agencies and major players in the various sectors of the economy, especially the non-oil sector, to enable business align with the economic diversification and long-term sustainability of the Nigerian economy.

Nigerians’ll starve to death by 2050, if… —Presidency

ABUJA— The Presidency,  yesterday, raised alarm that Nigerians would starve to death by 2050 if nothing was done to ensure an all year round farming.

It also said with the rate the country was going, the population would by 2050 rise to 509 million.

 According to the Federal Government, the present mode of farming will not sustain the increasing population in the country.

It noted that there was the urgent need for all major stakeholders to work towards improving mechanized farming and irrigation, to ensure an all year farming to avert the problem.

Minister of Agriculture, Chief Audu Ogbeh

Speaking, yesterday, during the budget defence of 2016, Minister of Agriculture, Chief Audu Ogbeh, said the country had the capacity to grow the grass required by the cattle to consume.

He said: “We have written to state governments to encourage them to develop dams and canals so that agriculture becomes an all year round activity and it is not confined to the rainy season alone.

“Besides, by 2050, Nigeria population will be very close to 500 million at the current rate of growth. This is just 34 years from now. If we carry on at the current rate of one crop per year, with very low mechanization, Nigerians run the risk of starving to death.