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AgroBusiness Times

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COVID-19: Importance Of Agriculture Has Come To Play- Mbaram

[ad_1] LAGOS – Richard-Mark Mbaram, Technical Adviser, Knowl­edge Management and Communication to the Minister of Agriculture and Rural Development on, has said that the impor­tance of agriculture had come to play in the present situation in the country. He stated this while speak­ing with Sunday Independent in Lagos during the distribu­tion of food items to […]

How Nigeria can use agriculture to mitigate COVID-19 impact — Expert

[ad_1] The Nigerian economy has been seriously affected by the COVID-19 pandemic, a crisis that has caused hardship around the world. Oil prices have fallen and many nations are facing recession or even depression. For Nigeria that relies heavily on oil revenue, it is a dire situation. As the government searches for alternative sources of […]

Nigerian govt orders quarantine service to resume agric export certification

[ad_1] The federal government Friday directed the Nigeria Agricultural Quarantine Service (NAQS) to fully resume its export certification duties at all ports immediately, so as to cushion the negative impacts of the COVID-19 pandemic on Nigeria’s agricultural sector. This was disclosed in a statement signed by Gozie Nwodo, head of communications and strategies, NAQS. He […]

Q&A: How is Covid-19 impacting fresh produce businesses globally?

[ad_1] Editor’s note: Tanmay Bhargava is head of Asia Pacific at Intello Labs. Based in Gurugram, India, Intello Labs uses machine learning tech to grade the quality of agricultural produce. Intello Labs is a member of the first cohort of GROW, AgFunder’s Asia agrifoodtech accelerator. AgFunder is the parent company of AFN. Read more about […]

Again, world food prices fell in April — FAO

[ad_1] World food commodity prices declined for the third month in a row in April due to significant fall in the demands for many commodities as a result of the COVID-19 pandemic, this is according to the Food and Agriculture Organisation Food Price Index (FFPI) of the United Nations. The index measures, monitors and tracks […]

Coronavirus: How Lagos smallholder farmers lost big during lockdown

[ad_1] In his first address on coronavirus, President Muhammadu Buhari, on March 29, ordered a total lockdown of Lagos, FCT and Ogun, and exempted food processing, distribution and retail companies. This was to allow the continuous flow of the food chain, to avert a food crisis as predicted by the Food and Agricultural Organisation. However, […]

FG Orders Resumption of Agric Export Certification at Ports

The federal government has directed the Nigeria Agricultural Quarantine Service (NAQS) to fully resume its export certification duties at all ports with immediate effect. The Director General of the agency, Dr. Vincent Isegbe, said: “Export of agricultural produce will soon pick up and gather pace as a result. ”The Office of the Secretary to the […]

COVID-19: Farmers Laud Government Stimulus Packages For Agribusinesses

[ad_1] Last Updated on 12:38 pm LAGOS – In the face of dwindling oil revenues and the global eco­nomic meltdown occasioned by the COVID-19 pandemic, the point on revamping agricul­ture cannot be overemphasised. It is based on this that the Cen­tral Bank of Nigeria (CBN) came with stimulus packages such as the extension of loan […]

How Agribusiness Will Boost Food Security In Nigeria

[ad_1] Last Updated on 12:47 pm  COVID-19 is a health cri­sis. But it could also lead to a food security crisis if proper measures are not taken. The world is already facing food and nutrition security challenges; this is as a result of many countries following the advice from the World Health Organisation (WHO) regarding […]

Buhari appoints acting managing director for BOA

[ad_1] President Muhammadu Buhari has appointed Alwan Hassan as the new acting managing director for the Bank of Agriculture . This was contained in a statement signed by ministry’s spokesperson, Theodore Ogaziechi, on Thursday. Mr Hassan is a seasoned banker with over two decades of experience in the banking industry. In the statement, Mr Buhari […]

‘Lower interest, N50b credit can boost agric, diversify economy’

[ad_1] There should be zero % on agric loans, says FUNAAB don Millions of Nigerians are faced with challenges of food, income and sustainable means of livelihood as COVID-19 ravages the world economies, but professionals have said the intervention dynamics of the Central Bank of Nigeria (CBN) are capable of bridging the gap if handled […]