Experts Advocate More Funding As FG Cuts Budgetary Allocation To Agric Sector By N52.6bn

Some finance and economic experts have said that the nation’s agricultural sector is bound to witness challenges if the state government remains dormant in increasing their level of funding to the sector.

The assertion followed the 26.71 per cent decrease in the budgetary allocation to the agriculture sector in 2023. The Budget Office of the Federation (BOF), allocated the sum of N144,507,350,057 in 2023, compared to N197,175,127,478 allocated in 2022.

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