The minister said it was mischief to compare pre-2015 prices of foodstuffs, petrol, diesel to today’s price.
The programme is designed to reduce poverty, enhance wealth creation and food security in the country.
The West Africa’s agrifood system faces a declining natural resource base, recurrent natural and human-caused disasters.
The farm is expected to maintain a layers’ population of 16,000, which translates to 3,679,200 eggs per year.
The expert said most local snail farmers could not meet demand due to low production capacity.
The minister said the plan would go a long way to reduce the tension between herders and farmers.
The farmers, numbering 156, lost their farm produce to floods caused by a torrential rainfall that lasted for three hours on Tuesday.
Farmers in Benin said that growing yam in sacks was cost effective and sustainable.
The president claims the policies of his government has made agriculture attractive to Nigerians such that many are now abandoning their jobs for farming.
“The Coconut is a commodity with lots of economic, medicinal and nutritional value and the market for it in Nigeria is huge.”