Browsing author

AgroBusiness Times

Share your story with us: +2348135229228 (call and SMS only) Email: info@agrobusinessngr.com, Complain about a story or Report an error and/or correction: +2348135229228 DISCLAIMER: Comments on this thread are that of the maker and they do not necessarily reflect the organization's stand or views on issues.

Wofai Samuel speaks on ‘Why Invest in Nigeria’

Recently, Africa Investments, organisers of African round trips across different countries in Africa, chooses Nigeria as one of it’s locations for investment during the 2018 edition of the event. From Left: Robyn Scott – Principal Of African Investments, Abimbola Olufore – CEO Wycliffe Energy, Oladeji Olawale – M.D Naphtali Ltd, Wofai Samuel – Keynote Speaker […]

US corn inspected for export down 11.5% on week, but up 179.5% on year

The amount of US corn inspected for export in the week ended November 8 totaled 1.134 million mt, down 11.5% from the previous week, data from the Department of Agriculture showed Tuesday. The most recent reporting period’s total was 179.5% higher than the year-ago week, according to the USDA’s weekly Federal Grain Inspection Service report. […]

185,000 to access CBN agric loans nationwide – NDE

The National Directorate of Employment (NDE) says about 185,000 applicants will benefit from the Central Bank of Nigeria Agri-Business Small and Medium Enterprise Investment Scheme (AGSMEIS) loans nationwide. The NDE Director-General, Nasiru Ladan-Argungu, made this known at the orientation of 450 trainees of four schemes of the agency in Nasarawa State on Wednesday. He listed […]

Agriculture: FAO supports three states with solar-powered boreholes

Solar panels In line with ongoing efforts to mitigate the effects of climate change, the Food andAgriculture Organisation of the United Nations (FAO) has commissioned solar-powered boreholes in three (3) arid states of Northern Nigeria, to boost access to water for domestic use and agricultural practice. The intervention is provided through the Action Against Desertification […]

FG Considers Fixing Price Of Agricultural Produce –Ogbeh

The federal government says it is considering fixing a guaranteed minimum price for agricultural produce to reduce the fluctuating and high cost of commodities. Minister of Agriculture and Rural Development, Chief Audu Ogbeh, disclosed this in Abuja on Tuesday at the signing of a Memorandum of Understanding (MoU) between tractor companies and Agriculture Mechanisation Company. […]

USDA slashes 2018-19 global oilseeds output view to 599.6 mln tn

The US Department of Agriculture has slashed its estimate for global oilseeds production in 2018-19 to 599.6 mln tn, lower by 4.4 mln tn from its previous forecast, the agency said in its November report. The world oilseed crop is seen declining due to lower output estimates for soybean, cottonseed, peanuts and mustard seed. However, […]

India to procure 44 lakh tonne of oilseeds and pulses under the PM

The government has approved proposals from nine states for the procurement of pulses and oilseeds on the basis of minimum support price (MSP) in the kharif marketing year beginning October, Agriculture Minister Radha Mohan Singh has said. “We have given permission to nine states to procure pulses and oilseeds under the price support scheme,” he […]

FG considers fixing price of agric. produce

The Federal Government says it is considering fixing a guaranteed minimum price for agricultural produce to reduce the fluctuating and high cost of commodities. Chief Audu Ogbeh, the Minister of Agriculture and Rural Development, disclosed this in Abuja at the signing of a Memorandum of Understanding (MoU) between tractor companies and Agriculture Mechanisation Company. Ogbeh […]

How elites, foreigners killed agriculture in Nigeria

The Minister of Agriculture and Rural Development, Audu Ogbeh, has blamed the Nigerian elite for the underdevelopment of the nation’s agricultural sector. Mr Ogbeh spoke at a town hall meeting in Dutse, Jigawa State, that focused on developments in the agriculture sector under the President Muhammadu Buhari administration. The meeting was attended by federal and […]

Pests and drought set to cut Indian sugar output

Persistent dry weather and pest attacks are poised to cut India’s sugar output from a record this year even after farmers in the world’s second-largest producer increased plantings. Production may total 28,9 million tonnes in the year that began Oct. 1. That compares with the reduced estimate of 32 million tonnes made last month by […]

FG’s school feeding: Farmers, cooks, others earn N651m daily

File Photo: Children benefiting from Home Growth School Feeding Programme of the Buhari administration By Ifeanyi Nwoko The Home Grown School Feeding Programme, one of the packages under the Federal Government’s Social Intervention Programme (SIP) has created wealth for over 250,000 farmers, cooks and others involved in the scheme. According to statistics made available during […]

Don proffers solutions to herdersfarmers clashes

A two-pronge developmental issues will be solved in Nigeria if the advice of a Professor of QuantitativeStatistical genetics and animal breeding, Michael Ozoje, is heeded. One is the vexed issue of Fulani herdsmen and farmers clashes which is resulting in high loss of human and material capital and the other, absence of performance records of […]

Bangladesh to cancel tender to import 50,000 tonnes of wheat

Bangladesh is scrapping an international tender to import 50,000 tonnes of wheat, citing higher prices, two officials from the state grains procurement agency said on Sunday. Agrocorp International made the lowest offer of $297.20 a tonne, including CIF liner out, in the tender, which was issued late last month by the Directorate General of Food, […]