The President, Association of Systems Management Consultants, Mazi Coleman Obasi, has said the Federal Government is losing so much by not implementing the cassava bread initiative. The initiative was designed to achieve about 20 per cent cassava flour in bread.
He said if the government had implemented the policy, the country would have saved significant foreign exchange through the reduction in wheat imports. He also said apart from creating jobs in the agric and agro-allied processing sectors, the cassava bread initiative would have spurred farmers to grow more cassava.
Obasi recalled that some years ago, the Federal Government, under former President Goodluck Jonathan, introduced the cassava bread initiative as part of its Agricultural Transformation Agenda (ATA). He said the former Minister of Agriculture and Rural Development, now President of African Development Bank (AfDB), Dr. Akinwumi Adesina, vigorously encouraged Nigerians and farmers to embrace the initiative because of its obvious benefits to the economy.