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AgroBusiness Times

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Food cheapest in Rivers, Ogun in April — NBS

[ad_1] Abuja had the slowest rise in prices on month-on-month food basis. Prices of food items rose the most in Kebbi, Ekiti and Kano in April, the consumer price index (CPI) report released on Monday by the National Bureau of Statistics (NBS) has shown. The report revealed that on a month-on-month basis, food price inflation […]

CDC Group commits US$100mn to ETG, supporting the lives of farmers across Africa

CDC Group, the UK’s development finance institution and impact investor, has announced a US$100mn debt commitment to ETG, an agricultural conglomerate connecting smallholder farmers to global markets to support over 550,000 farmers in Africa ETG has long standing relationships with over 550,000 smallholder farmers across Africa. (Image source: Adobe Stock) The debt commitment will support […]

ANCHOR BORROWER SCHEME: Unity Bank to extend funding to 120,000 maize farmers

[ad_1] Nigeria’s foremost agribusiness lender, Unity Bank Plc, has said it will provide additional funding to no fewer than 120,000 smallholder maize farmers in Nigeria in the 2021 wet season farming in Nigeria. The Managing Director/Chief Executive Officer of the bank, Mrs. Tomi Somefun, disclosed this while delivering a goodwill message at the unveiling of the […]

Low income earners groan as prices of foodstuffs, agro-commodities go up

[ad_1] Chronic hunger and famine, arising from the rising cost of food crops and other agro commodities appear to be hitting many parts of the country. Indeed, Nigerians, especially the low-income earners and the vulnerable are facing a hard time, as the situation is becoming unbearable. Observation reveals that the market price of foodstuffs has […]

Nigeria loses $1b yearly to aflatoxin triggered diseases

[ad_1] Nigeria may be losing $1b yearly to the consumption of aflatoxin-contaminated foods, which result in diseases such as liver cancer and stunted growth, among other diseases, a recent study has shown. Based on this, stakeholders in the sector have urged the Federal Government to put in place legislation that would ensure farmers use Aflasafe […]

Lagos APPEALS to construct, rehabilitate 13.16km farm roads

[ad_1] The Lagos State Government has revealed that its World Bank-assisted Agro-Processing, Productivity Enhancement and Livelihood Improvement Support (APPEALS) Project would be constructing and rehabilitating no fewer than 13.16km farm access roads in four cluster areas across the state. The State Commissioner for Agriculture, Ms. Abisola Olusanya who said this in Lagos, explained that the […]

Women in Agriculture: ‘Nigerian govt should discard idea of fertilizer supply being farmers’ biggest problem’

[ad_1] Aderonke Eko-Aderinoye, founder of Agrihub Nigeria, says farmers face more pressing issues. Aderonke Eko-Aderinoye is the founder of Agrihub Nigeria. She is a trained agribusiness coach and cultivates orange-fleshed sweet potatoes but currently is into food processing. Ms Eko-Aderinoye owns her business in Ogun State. In this episode of our Women in Agriculture, she […]

Farmers raise alarm as insecurity threatens food availability

[ad_1] Some stakeholders in the agriculture sector have appealed to the Federal Government to intensify efforts in curbing banditry, kidnapping, and terrorism, as these can threaten food security. The stakeholders made the appeal in separate interviews with the News Agency of Nigeria (NAN) on Friday in Abuja. They noted that the recent increase in kidnapping […]

FCT Farmers Ready For Wet Season Planting

[ad_1] Farmers in the Federal Capital Territory (FCT) on Friday announced that they have cleared their farmlands in readiness for the 2021 planting. According to them, they will earnestly begin farm work by planting crops suitable for the rainy season which has just commenced. Some of the farmers, who spoke with the News Agency of […]

Nigerian Farmers Raise Alarm As Insecurity Threatens Food Availability

[ad_1] Some stakeholders in the agriculture sector have appealed to the Federal Government to intensify efforts in curbing banditry, kidnapping and terrorism, as these can threaten food security. The stakeholders made the appeal in separate interviews with the News Agency of Nigeria (NAN) on Friday in Abuja. They noted that the recent increase in kidnapping […]

World Bank to construct 13.16km Lagos farm roads

[ad_1] Lagos State Government says its World Bank-assisted Agro-Processing, Productivity Enhancement, Livelihood Improvement Support (APPEALS) Project will construct 13.16km Farm Access Roads (FARs) in four cluster areas. The state Commissioner for Agriculture, Ms Abisola Olusanya, said this on Thursday during the activities to commemorate the second year of Gov. Babajide Sanwo-Olu’s administration. Olusanya noted that […]

‘Wheat Value Chain Accounts for Over 10.5 Million Jobs Generated Annually’

[ad_1] The Nigeria wheat value chain has been said to account for over 10.5 million jobs generated annually.The development, according to Ashish Pande, Managing Director of Crown Flour Mill, a subsidiary of Olam Nigeria, has placed the wheat value chain at the centre of the various economic development agenda of the Federal Government of Nigeria.Pande […]

Farmers Share Experience On Accessing CBN’s ABP

[ad_1] LAGOS – Stakeholders in the agricultural sector have shared their experiences on how each of them and their associations have benefitted from the Central Bank of Nigeria (CBN)’s Anchors Borrowers Programme. The farmers pointed out that lack of finance and absence of off-taking arrangements that guarantee price stability and assured markets have been the […]

Palm Oil Packaging Business Venture

[ad_1] Palm oil, a product gotten from the processing of fresh fruit bunch {oil palm tree} forms an important part of the local diet in Nigeria because animal fats such as milk and butter are hardly consumed.   It is used both as a cooking material and as an ingredient in soups, sauces and a variety […]