FG of Nigeria Fine-tunes Cassava Bread Fund to Check Wheat Importation
- Advanced stages have been reached in the preparation of the cassava bread fund, which is expected to reduce the nation’s dependence on the importation of wheat for the making of bread and other confectionaries
- Nigeria currently spends about ₦635 billion annually on wheat importation.
- Adesina had earlier stated that the fund, expected to be about N10 billion, would be funded through the tariff on wheat flour.
- A 16-man committee was inaugurated which had the tasks of building robust fresh roots supply chains for cassava processing plants; supporting large/medium High Quality Cassava Flour (HQCF) mills, SMEs producing HQCF and masters bakers on 20 per cent HQCF cassava bread production; social marketing of 20 per cent cassava bread and pre-emptive measures against cassava brown streak disease.
- HQCF can be used as an alternative for starch and other imported materials such as wheat flour in a variety of industries in many countries in Africa.
- Market demand and commercial partners have been identified in various industrial sectors (plywood, paper board, bakery, confectionery and industrial and portable alcohol) which rely on expensive imported raw materials. A locally produced cassava-based alternative has the potential to substitute for the imported material (import substitution) and create a market for the farmer’s cassava.
- Uses of HQCF include raw material for the production of glucose syrups, industrial alcohol and bakery products, the production of adhesives, as an extender for plywood glues and as a source of starch in textile sizing.
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