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AgroBusiness Times

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Evaluation and Impact Assessment Report

Thursday, November 15, 2018 / 06:22 PM / by CBN   Introduction The Commercial Agriculture Credit Scheme (CACS) is a sub-component of the Federal Government of Nigeria’s Commercial Agriculture Development Programme (CADP) financed from the proceeds of the N200 Billion seven (7) year bond raised by the Debt Management Office. The fund is made available to participating banks to finance […]

Asian mills look to safe long-term wheat…

Some Asian flour mills are looking to lock in wheat supplies until well into the middle of 2019, potentially shaking off a years-long trend for hand-to-mouth buying as global output is set to drop for the first time in six years. World wheat supplies are forecast to tighten in the second quarter of 2019 as […]

Building capacity for bio-fortified foods –

HarvestPlus, an international organisation, in collaboration with some nonprofit organisations, held a Nutritious Food Fair in Lagos. The event’s objective was to showcase sustainable bio-fortified food production and agricultural practices. The fair brought together input suppliers, financiers and off-takers. DANIEL ESSIET reports. Promoting bio-fortified foods could be the right approach to ensure food and nutritional […]

Nigeria To Become World’s Second Largest Rice Importer In 2019 –US agency

The United States Department of Agriculture has hinted that Nigeria will become the world’s second-largest rice importer after China, as importation of the commodity is projected to experience 13 per cent jump next year to 3.4 million metric tons. “China and Nigeria are projected to remain the largest rice importing countries in 2019, followed by the EU, […]

Niger state partners USADF on agric, energy, youth enterprise

The Niger state government is to partner the United States African Development Foundation (USADF) in agricultural value-chain, off-grid energy and youth enterprises. The agreement between Niger State Government and USADF was reached during high-level discussion at the headquarters of the fund in Washington, DC. This was contained in a statement by the Chief Press Secretary […]

FG lacks capacity to manage tractors – Minister – The Sun Nigeria

Okwe Obi, Abuja Minister of Agriculture and Rural Development, Audu Ogbeh, on Tuesday, admitted the Federal Government’s inability to manage farm implements especially tractors due to the lack of maintenance culture and the inexperienced of operators. This was even as he appealed to investors to invest in the hiring of tractors to enable the country […]

Indonesia’s Goal of Food Sovereignty Remains a Work in Progress

Four years after taking office, Indonesian President Joko Widodo’s goal of food sovereignty continues to be a work in progress. The president, known locally as “Jokowi,” believes Indonesians should be able to produce as much rice, corn and soy as the country needs. But the government’s decision to import 100,000 tons of corn for animal […]

Association asks Nigerians in diaspora to ‘come home and invest’

The National Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has advised Nigerians in diaspora to come home and invest. The National President of NACCIMA, Chief Alaba Lawson, made the call in New York at the NACCIMA-Diaspora engagement with Nigerian professionals, organisations, and investors based in the U.S. She told the group that […]

Saudi Arabia issues tender to buy 475,000 tonnes wheat

Saudi Arabia’s state grain buyer SAGO said on Thursday it was seeking 475,000 tonnes of hard milling wheat in an international tender. The wheat should be of 12.5 percent protein content and is for delivery during January to March, 2019, a statement by SAGO said. The tender deadline is Friday, Nov. 16. SAGO Governor Ahmad […]

ActionAid urges adequate funding of agric extension services

The Programme Coordinator, ActionAid Nigeria, Mr Azubike Nwokoye, on Thursday called on the Federal Government to strengthen agricultural extension services in the country. Nwokoye told newsmen in Abuja that plans by the government to distribute drought-resistant seeds to farmers might not yield the desired results without technical support to the famers. The ActionAid coordinator emphasised […]

Atiku Speaks On Herdsmen, Dasuki, Nnamdi Kanu, Others

Nnamdi Kanu. Image: Tribune The Presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar, has stated that grazing reserves are the solution to herdsmen-farmers clashes. The former Vice President made this known while speaking with The Africa Report. Atiku said: “In each province in the north, we used to have a grazing reserve. During […]

Women farmers’ access to extension service in Kwara low – ActionAid

ActionAid Nigeria A research report by a Non-Governmental Organisation (NGO), ActionAid Nigeria, has revealed that access of smallholder women farmers to extension services in Kwara is abysmally low. The report was presented to stakeholders on Wednesday in Ilorin by the Centre for Community Empowerment and Poverty Eradication (CCEPE), a partner of the ActionAid. Making the […]