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Utomi, Iyere launch FOOD4ALL Initiative, task FG on food security

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TotalEnergies signs deal with NNPCL, pledges $6bn in investment By Segun Odunewu, Lagos TotalEnergies has announced the signing of a cooperation agreement with Nigeria’s oil firm NNPC Ltd for conducting methane detection and measurement campaigns using its advanced drone-based AUSEA technology on oil and gas facilities in Nigeria. The French company head, Patrick Pouyanne, held a meeting with Nigeria’s President Bola Tinubu in Abuja on Monday, reiterating its commitment to business interests in Nigeria. According to a statement from President Tinubu’s office, Total Energies has committed to “invest $6 billion in the coming years,” with a focus on offshore oil projects and gas production across all terrains, as stated by Pouyanne. Tinubu’s meeting with Pouyanne follows similar discussions with oil majors Shell and Exxon Mobil as part of efforts to attract capital to Africa’s leading energy producer. The statement notes that Nigeria’s oil output, the largest economy in Africa, has experienced a decline over the years due to large-scale theft and sabotage. However, recent months have seen an uptick, aided by offshore production, which is less susceptible to attacks. Tinubu has committed to removing “anti-investment impediments in the oil and gas industry” and providing incentives to producers to enhance gas output. The pledge from an oil major to commit $6 billion to the Nigeria oil and gas industry comes after other oil majors like Shell who recently pledged to invest $5 billion into Nigeria’s deep-water project at Bonga North. The special adviser to the President on Energy, Olu Verheijen recently announced securing $13 billion in investments in the oil and gas sector from IOCs like Shell, ExxonMobil and others. Nigeria’s oil sector has seen divestments from oil majors in recent times especially from onshore fields into deep water projects citing insecurity, maturing wells and others. President Tinubu since his inauguration has sought to address issues leading to divestments in not just the oil sector but across all sectors of the economy.
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Founder of Centre for Value in Leadership (CVL),Professor Pat Utomi has stressed the need for Nigeria to attain food security, adding that without it, the country’s effort to build national security will remain futile.

The Professor of political economy and management expert stated this in his opening remark at the unveiling of FOOD4ALL Initiative powered by FUND-YES Cooperative.

“An army fights on its stomach and a hungry army cannot win a war. Our country is facing many wars and these include wars of economic development, wars of political growth and maturity, wars of the environment, wars of inclusion and other wars whose drive is to ensure that Nigeria becomes one healthy nation.

“But unless we can ensure that people are better fed, the dreams that we hold up will just be dreams that don’t get realized. Therefore, it is a very thoughtful thing that we are looking at food security because there can be no national security without food security”, Utomi said.

“The fact is that many people are able to do what they need to do not only because they are not malnourished but that in fact many people who are not nourished become available to be used. Food always comes first! Therefore, an initiative that seems to feed the people by building food security is key and important to national development and wellbeing.

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“We do know that growth and development are predicated on a number of things, one of which, is majorly how the social sector advances, especially in the areas of education and healthcare. But can we really make this happen when the people are hungry? It is totally impossible! This is why the creation of FOOD4ALL INITIATIVE is a necessity”, Utomi further buttressed.

Also speaking at the unveiling, Comrade Kennedy Iyere, a popular humanitarian activist and social entrepreneur affirmed that Nigeria’s hunger level has risen to a dangerous point that deserves urgent reversal unless the country is ready for its worst social revolution.

He said that the “hunger situation” in Nigeria is a ticking time bomb capable of exploding the country into a disastrous social revolution. He lamented that governments both at federal and state levels have not shown enough concern and commitment towards addressing the hunger crisis in the country.

“Within the past few months, the country’s cost of living, especially food prices have skyrocketed beyond what the ordinary Nigerians could easily afford and this is because of the current excess hike or increase in fuel prices and transportation costs engendered by the Federal Government’s removal of fuel subsidy. Consequently, life has become far more difficult for most Nigerians. Millions of families in Nigeria live on low income and really finding it very difficult to afford one good meal per day”, Iyere lamented.

“Nothing else matters more than aggressive investment in agriculture and food production. Going by the country’s current harsh economic realities, it is certain that the year 2024 shall again witness additional rising cost of food items unless strategic efforts are put in place to pragmatically upscale investment in food production towards engendering food security and affordability in Nigeria. It is for this critical reason that we decided to launch the FOOD4ALL INITIATIVE”, Iyere said.

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Iyere also said that FOOD4ALL INITIATIVE”, was formed out of the desire to solve Nigeria’s existing chronic hunger crisis.

This goal is to be achieved by massively recruiting and engaging youths, women, families and communities in value-chain agricultural entrepreneurship aimed towards achieving sufficient food production, mass employment generation, unemployment reduction, wealth creation and household poverty eradication.

According to Iyere, this initiative will address the first and second items of the Sustainable Development Goals of the United Nations, whose focus is to eradicate extreme poverty and achieve zero hunger. FOOD4ALL INITIATIVE shall serve as a national vehicle for driving food security, availability and affordability in Nigeria. The project will derive its funding through the interventions of donors, development partners, private sector investors and governments.

Iyere said that FOOD4ALL INITIATIVE has a target to recruit and build a network of three million small-scale farmers and food entrepreneurs within its first two years of operation and they will mostly be youths and women. He said the time has come to take Nigeria back to Agriculture as its major source of revenue and earner of foreign exchange.

“Sufficient investment in Agriculture is the key we need to unlock our economic greatness. With over 84 million hectares of arable land and a large youth population, Nigeria is capable of producing enough quality foods for the entire Africa, reduce unemployment to the barest minimum and grow its economy to become one of the world’s wealthiest. This is the vision behind the creation of FOOD4ALL INITIATIVE. I therefore call on all stakeholders and allies across Nigeria, the diaspora and the globe to join this revoltion”, Iyere advocated.

FUND-YES Cooperative, which is a national grassroots cooperative movement of youth and women entrepreneurs dedicated to reducing unemployment, creating sustainable livelihoods and eradicating extreme and household poverty in Nigeria, using entrepreneurship as a viable tool. Prof Pat Utomi, Comrade Kennedy Iyere, Patience Ozokwo (Mama G), Paul Obazele, Capt Evarest Nnaji (Odegene), Dr Orji Kanu Emmanuel and Dr Emmanuel Mgbekwute were among the speakers at the event.

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