In order to increase the nation’s food security, the Nigerian Meteorological Agency and the Central Bank of Nigeria have signed a Memorandum of Understanding.
According to the News Agency of Nigeria, when a delegation from the CBN visited NiMet on Monday in Abuja, NiMet’s Director-General, Prof. Mansur Matazu, announced that the cooperation will raise Nigerians’ standards of living.
He claims that the formation of a work plan that will serve as a basis for CBN involvement established the technical collaboration.
“We will see this initiative being run between CBN and NiMet by supporting target locations over the next two months.
He claimed that making farming operations smarter would increase yields and improve farmers’ living conditions.
He noted that the initiative will help with irrigation as well as other things.
The CBN’s delegation was led to the meeting by the Head of the Retail Agricultural Credit Division, Mr. Chika Nwanja, who stated that the apex bank was committed to enhancing food security.
Nwanja claimed that thanks to the agreement, Nigerian farmers wouldn’t have to deal with unfavorable circumstances that would reduce their crop production.
“Agriculture is not about the work and effort you put into it; it is about the results you get at the end of the season.
“After meeting and talking with NiMet, we now have hope that Nigeria is capable of making accurate predictions of weather forecast across the different geographical zones in the country.”
“NiMet has shown some amount of capability and capacity for us, and we are willing to work with them in partnership to further this project,” he said.