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AgroBusiness Times

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4 Farmers In Trouble For Allegedly Killing 95-year-old man In Benue

Four farmers – Akuha Igber, Awuhe Ashwe, Gowon Genki and Takela Denke – on Wednesday appeared before a Makurdi Chief Magistrate’s Court charged with killing a 95-year-old man, Boun Adi. The suspects, all residents of Tse-Igbazer in Gwer-West Local Government Area of Benue, were charged with criminal conspiracy and culpable homicide punishable under sections 97 […]

India. Record rice procurement on the cards

Record procurement of rice is on the cards in India for the federal food security this season as arrivals have jumped in states where Assembly polls were held recently. While procurement has marginally trailed this year in traditional states like Punjab and Uttar Pradesh, the pre-poll announcement of bonus has bolstered arrival of paddy in […]

Tunisia tenders to buy 100,000 T durum wheat

Tunisia’s state grains agency has issued an international tender to purchase up to 100,000 tonnes of durum wheat, European traders said on Tuesday. The grain can be sourced from optional origins. The tender deadline is Jan. 9, they said.The durum is sought in four 25,000 tonne consignments. The tender sought shipment between Feb. 15 and […]

India squeezes edible oil import from Bangladesh after robust Q1

Export of soya bean oil and palm oil from Bangladesh to India has remained almost stalled since September last year, after bullish three months, as India has tightened the duty-free import of the products from Bangladesh. Exporters said that Bangladesh was supposed to get duty-free benefits for export of edible oil to India under the […]

Rabobank weighs in on options to boost China’s corn supply

China’s corn ending inventories have declined by over 20% since the state stockpiling program was abolished in 2016, found the analysts. Rabobank expects inventories to further drop in the coming years, potentially to critically low levels. Options to boost China’s corn supply Market-driven corn price increases will incentivize acreage rebound, but can only be part […]

Farmers ask Lagos guber aspirants to invest in agric sector |

Cross-section of farmers at the event The Human and Environmental Development Agenda (HEDA), in partnership with the Transition Monitoring Group (TMG) and Oxfam International, have organised a forum for Lagos State governorship aspirants to present their manifestos to farmers. The farmers also presented expectations they termed farmers’ manifestoes/petitions. The farmers’ manifestoes, which are based on […]

Abia community leases 1040-hectare oil palm to Dufil Prima Foods |

President-General, Chief Nwokoro (third from left), performing the ground-breaking ceremony; Mrs Ejekam, Dufil Prima Company Secretary/Legal Adviser, (third from right) and other community and company representatives at the ceremony at Item, Abia State A 1040-hectare oil palm farm has been given by Amokwe and Okai villages of Item in Bende local government area to Dufil Prima […]

Kano government supports AFAN with N132m for mechanised farming |

Kano The Kano State government has supported the state chapter of the All Farmers Association of Nigeria (AFAN) with N132 million to enable it take delivery of the 44 tractors it ordered recently from India. The state AFAN chairman, Alhaji Faruk Rabi’u, disclosed this to the News Agency of Nigeria (NAN) in an interview in […]

Open forum debunks claims on genetically modified beans

The Country Coordinator of Open Forum on Agricultural Biotechnology, Dr Rose Gidado, has debunked claims by some non-governmental organisations that genetically modified beans are harmful to humans.   In a statement in Abuja, Gidado said that the conspiracy claims were targeted at discrediting a 10-year research work carried out by scientists at the Institute of […]

 Fears over policy somersault –

While developments in the sector have shown signs of hope, rising interest rate and constraints in credit expansion remain major concerns to players, DANIEL ESSIET reports. For analysts, this year is likely to be challenging; one that would test the resilience of economy. This is because of the delays in projects spending, weak credit extension and […]

Much ado about Nigeria’s dwindling coffee cultivation level |

Directly Above Shot Of Roasted Coffee Beans In Cup And On Table Despite the rising demand for coffee globally, Nigerian farmers seem not to be tapping the potential as the produce has seen a significant dip in both production and export. Coffee is a tropical plant, which comes in two main types: Robusta and Arabica. […]

‘Limited protectionism will further boost agribusiness’

As the nation enters 2019, the National President of All Farmers Association of Nigeria (AFAN) Architect Kabiru Ibrahim expressed hope for a better agribusiness environment. In this interview with Daily Trust, he said the best way to boost the sector is to promote and patronize locally- produced products through “limited protectionism” among other things. Excerpts: […]