Use fuel for agricultural development
By Bullen Bala Alexander
Farmers should use the available fuel provided by the bank for Agriculture, Managing Director Agricultural Bank of South Sudan (ABSS) said Rual Makuei Thiang.
Thiang appealed to the government to embark on supporting agriculture in the country.
In an interview with Juba Monitor yesterday, Thiang said government needs to provide services to agricultural bank in order to improve farming system in the country.
“To build an exemplary nation, that is educated and informed, prosperous, productive and innovative peaceful and safe, secure and healthy, we need to invest more in agriculture,” he said.
He said the country needs to use the slogan of late Dr. John Garang, which says; “use fuel to fuel agriculture in the country” and the only way is to address it by supporting agriculture now,” he added.
He said South Sudan needs to change from the small scale framing to large scale framing as well as commercial framing.
He said all these can be achieved through the government intervention.
“We want government to give bank sovereignty grantee so that agricultural machineries can be bought so that we support subsistence farmers in the country,” said Thiang.
Thiang said that the money from oil is capital money, which should not be consumed but is to be invested.
However, he appeals to government to earmark a considerable amount of money from oil capital revenue for agricultural development in the country.
“I think, in both cases the central bank of South Sudan and the Ministry of Finance and Planning need to earmark a considerable share in commodity protocol, foreign credit, and be solicited to provide the required guarantees,” he said.
He said the surplus of production of food crops and cash crops will be utilized in financing small food industries and providing them with transport and cold storage facilities to guarantee encouraging marketing opportunities for food products.
He said the ABSS strategic plan is to finance 10 million hectares in five years period which is on third of 30 million hectares suitable for cultivation across the country.