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AgroBusiness Times

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Kano rice farmers to FG: Your interventions not reaching us

Rice farmers in Kano State have called on the federal government to re-visit the processes of disbursement of interventions to farmers by the Central Bank of Nigeria, alleging that most of the interventions are not reaching the real farmers. One of the farmers, Dr Aminu Baba Nabegu, told members of the Kano concerned Citizens Initiatives […]

How border closure revived coconut farming

…Farmers to address 80% import from Ghana, Togo Coconut has received renewed attention as the federal government closed its borders to most of the illegal products coming into the country, which were threatening the nation’s economy. Coconut is one of the massively farmed produce in West African countries that end up in Nigeria, though the […]

Nigerians are reluctant to buy local rice —– Sellers in Ilorin lament

Rice sellers in Ilorin, the Kwara State capital have expressed worry over the reluctance of consumers to buy locally produced rice. Some rice sellers who spoke with the News Agency of Nigeria (NAN) on Tuesday said consumers preferred to pay more for foreign imported rice than the cheaper locally produced one. A rice seller, Mallam […]

There’s no hunger, Nigeria producing enough to feed ― Nanono

The Minister of Agriculture and Rural Development, Sabo Nanono says Nigeria is producing enough to feed itself, contrary to the narrative in some quarters that there is hunger in the land. Nanono said this at a news conference on Monday in Abuja as part of activities to mark the 2019 World Food Day being celebrated […]

World Food Day: Why we will continue to support farmers – LASG

The Lagos State Government has assured farmers of its continuous support just as its appreciated the myriad of problems they (farmers) faced in the process of getting their produce to the consumers. The State Commissioner for Agriculture, Prince Gbolahan Lawal who spoke in Lagos on Tuesday at a Farmers’ Forum organized by his Ministry in […]

President Buhari charges groups to access loans

President Muhammadu Buhari on Tuesday in Abuja has called on various groups to access government interventions, loans and schemes to promote agriculture with the view of ending poverty. Buhari, represented by the Vice-Chairman, National Food Security Council and Gov. Atiku Bagudu of Kebbi State, made the appeal during the second National Unity Food Fair, organised […]

How small-holder farmers can attract funding – Business Heads

Onyeka Akumah, the Co-Founder and Chief Executive Officer of Farmcrowdy; Yomi Jemibewon, Co-Founder of CardinalStone; Olu Wole, Deputy Director, Development Finance Department of the Central Bank of Nigeria, and Thomas Essel, Secretary General of African Rural and Agricultural Credit Association (AFRACA), based in Kenya, spoke at the recent Agricultural Summit hosted by Sterling Bank PLC […]

Rice Smuggling: 45 bank accounts frozen by Court

A Federal High Court on Monday in Abuja ordered the temporary freezing of 45 bank accounts belonging to three companies allegedly involved in smuggling of rice into Nigeria. The companies whose accounts were domiciled with ten commercial banks in Nigeria are Sun Sam A1 International Limited, Sun Sam International Limited and Sunchrist O. Trans Nigeria […]

Flooding: Averting farmers’ yearly losses

As the rainy season gradually gets to its peak with attendant flooding, stakeholders in agric and insurance sectors are expected to step up efforts to minimise losses that are peculiar to the season. Sunday Ojeme reports Last year, some agric sector stakeholders in the country lamented the grave losses by farmers to attacks on various […]

Sesame seed can generate over $1bn annually for Nigeria ―NSSAN

The National Sesame Seed Association of Nigeria says sesame seed has the capacity to generate almost 1 billion dollars annually to improve Nigeria’s revenue base, if well harnessed. The President of the association, Mr. Sheriff Balogun, who made the disclosure in an interview with the News Agency of Nigeria (NAN) in Abuja. According to him, […]

Why Oyo is spending CBN’s N7.6bn loan on farm settlements — Makinde

The Oyo State governor, Seyi Makinde, has explained why his administration is spending the Central Bank of Nigeria’s (CBN) N7.6 billion loan on farm settlements. The Government of Oyo State said it observed certain misinformation, misconception and outright mischief in the interpretations being given to the N7.6 billion Agriculture loan, which the state government on […]

Group offers OAU 100% funding for degree programme in agric extension services

A group, Sasakawa Global 2000 (SG 2000), has assured Obafemi Awolowo University, Ile-Ife, of 100 per cent funding to enable the institution commence degree programme in agricultural extension services this year. Sani Miko, professor and Country Director, Sasakawa Global 2000 (SG 2000), gave the assurance during a news conference/ dinner in Calabar, Cross River on […]

Kidnapped Adamawa cattle breeders freed after N4.4m ransom

Six persons kidnapped last weekend from where they were breeding cattle in Gurin, Fufore Local Government Area of Adamawa State, have regained freedom. The six, who were abducted on October 5 from their cattle grazing field around the Gurin-Fufore Road, returned home Sunday morning, according to a source close to the victims. The source, Dahiru […]