Osun Senator Calls for Rice Farming Investment to Strengthen Naira
Senator Adenigba Fadahunsi of Osun East Senatorial District is urging federal and state governments to invest in large-scale rice farming to strengthen the naira, citing its potential economic benefits.
Senator Adenigba Fadahunsi from Osun East Senatorial District has proposed investing in large-scale rice farming as a key strategy to bolster the Nigerian naira's value. The senator believes that cultivating and exporting more domestic rice can reduce reliance on foreign exchange earnings, thereby strengthening the country's economic position. By promoting domestic production, Fadahunsi aims to create new job opportunities, stimulate local economies, and diversify Nigeria's agricultural sector. This initiative is part of a broader effort to diversify the nation's economy and enhance its international trade competitiveness.
