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Manufacturing : Govt needs inclusive sustainable policies to encourage local investors — Gbededo

Paul Gbededo, is  the Group Managing Director / Chief Executive Officer of Flour Mills of Nigeria Plc. In this interview, he enumerated the challenges facing flour millers and need for government intervention. He said Government needs to encourage inclusive, sustainable and enforceable policies to encourage local investors. Excerpt. Paul Gbededo, Group/CEO, Flour Mills Nigeria Plc […]

See you soon at European Commodities Exchange in Rouen!

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Tech alone ‘won’t raise farm yields’

[KIGALI] Technological innovations such as use of mobile phones to aid farming are unlikely to increase yields unless strong institutions exist, an academician says. According to the FAO, a renewed focus on technological innovation is needed to promote sustainable agriculture. But some experts say that despite a big focus on technological innovation such as smartphone […]

PMB Hails Audu Ogbeh Over Achievement In Agric Sector

President Muhammadu Buhari has expressed satisfaction with the achievement recorded in the country’s Ministry of Agriculture & Rural Development headed by Dr. Audu Ogbeh, the honourable Minister. President Buhari stated this while playing host to some young political appointees to a dinner at the Presidential Villa, Abuja, Wednesday night. The President said his grouse however […]

70 Hectres Of Rice Farms Flooded In Anambra

A cluster of five farmers’ cooperative societies in Umuuzu, Ogbaru Local Government Area (LGA), Anambra, has lamented the loss of about 70 hectres of rice farms to flood disaster. Mr Christopher Okwuosa, the Chairman of the cluster who disclosed this to the News Agency of Nigeria (NAN) on Wednesday in Awka, listed them as Ikedi, […]

Minimum wage: NACCIMA denies accepting N30,000, insists on N22,000

…Governors agree on N22,500 By Henry Umoru & Johnbosco Agbakwuru ABUJA—Nigerian Chamber of Commerce, Industry, Mines and Agriculture, NACCIMA, yesterday, dissociated itself from claims by organised labour that the Tripartite Committee on National Minimum Wage agreed on N30,000. NLC NACCIMA said it only agreed to pay N22,000, adding that even when the Federal Government proposed […]

Egypt’s GASC tenders for December 11-20 shipment wheat

Egyptian state grain buyer GASC has announced its latest wheat tender for December 11-20 shipment, sources told Agricensus Thursday. It is seeking cargos between 55,000 mt and 60,000 mt of milling wheat, with the tender to close on Friday. In its previous tender, closed October 4, GASC bought three 60,000-mt cargoes of Russian wheat including […]

Upper basin set to commence 2nd phase of Songhai farm

The Upper Niger River Basin Development Authority is set to commence the second phase of Songhai farm in Minna, Niger State. The Managing Director of the agency, Professor Mohammed Ali disclosed this in an interview with journalists in Minna on Wednesday. Professor Mohammed said the goals of introducing the Songhai farm model by the Basin […]

Stakeholders call for radical agriculture transformation at ACAN summit

From left, Vice-President, Huawei Technologies, West Africa Region, Mr Frank Lee; Vice President, Huawei Technologies, Mr Xue Man; Secretary to the Government of the Federation (SGF), Mr Boss Mustapha, and the Head of Civil Service of the Federation, Mrs Winifred Oyo-Ita, after signing the Memorandum of Understanding (MoU) between Huawei Technologies and the Federal Government […]

Cuba sweet on sugar imports

Sugar, it’s so quintessentially Cuban that even a young, machete-wielding Fidel Castro used to hack away at the cane stalks vital to the Caribbean island’s economy. Now, the long-time world leader in sugar production is importing the stuff for the first time, and in large amounts, from France after another bad harvest. Sugar used to […]

56 KMT of vegoils purchased in a tender

The Egyptian state buyer GASC purchased 30 KMT of sunflower oil and 26 KMT soybean oil in a tender held on October 24, 2018, reports UkrAgroConsult. According to market participants, the sunflower oil was bought from Glencore (30 KMT at a price of USD 702/MTm) and the soybean oil was bought from Watanya/Cargill (26 KMT […]

FG to revitalise agriculture extension services — Minister

Sen. Heineken Lokpobiri, Minister of State, Federal Ministry of Agriculture and Rural Development, says  government is set to revitalise agriculture extension services in the country. The minister spoke in Abuja during the FGN/IFAD Assisted Value Chain Development Programme (VCDP), Commodity Alliance Forum 2018 (CAF), with the theme “Partnership for enhancing productivity and marketing for sustainable […]

OCP acquires 20% shares at Spanish company

OCP, a leading global phosphate plant nutrition producer, has completed the acquisition of 20 per cent shares of Fertinagro Biotech, a company which manufactures and supplies wide range of plant nutrition solutions by way of a capital increase.. According to a joint statement by the two companies, a copy of which was made available to […]

IFAD-VCDP supports Nigerian agriculture with $68.9 million

The Value Chain Development Programme of the International Fund for Agricultural Development (IFAD-VCDP) has injected 68.9 million U.S. dollars into the Nigerian economy. Ms. Mariatu Kamara, IFAD Programme Officer, disclosed this in Abuja at the 2018 National Commodity Alliance Forum (CAF). She said that the engagement of private-sector players by IFAD-VCDP through the CAF initiative […]

NAEG urge FG to support private investment operators to boost economy

The National Coordinator, Nigeria Agricultural Exporters Group (NAEG), John Okakpu, has called on government to support private sector operators in order to boost foreign exchange earnings for the country. According to John, with favourable policies and support, the private sector can multiply the volume of agriculture based exports from Nigeria. Okakpu, disclosed this in Lagos […]