Emefiele to Universities: Seed industry is a multi-billion dollar investment, engage in research

The Central Bank Governor, Godwin Emefiele has explained why tertiary institutions in Nigeria to promote research.
Acccording to him, the move is necessary to boost agriculture in Nigeria.
The Governor said this during a lecture on “Jump-Starting Agricultural Revolution: The CBN Experience” in Makurdi.
He said the universities have a responsibility to promote research to enhance yields per hectare by farmers and reduce other constraints, such as access to markets and storage facilities for their produce.
He said ‘‘The CBN is eager to see how the university community graduates can leverage their knowledge and research to come up with breakthrough solutions that would improve the productivity of Nigeria’s agricultural sector.”
Emefiele added that  the seed industry was a multi-billion dollar investment, to adding that offered the potential for collaboration between the CBN and the universities.
The governor also pledged that the bank is ready to to partner with Nigerian universities to achieve research objectives
He urged the tertiary institutions tto set up demonstration farms from where farmers could acquire knowledge on the right farming practices to increase their