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AgroBusiness Times

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Odu’a declares N698m profit, cultivates tomatoes

tomatoes Odu & a; 39; a Investment Company Ltd announced N698 million as profit before tax for the fiscal year ended December 31, 2017. The company, owned by Oyo, Ogun, Osun, Ondo and Ekiti, also approved the payment of N277.78 million in dividends. The company's group chairman, Mr. Olusola Akinvumi, speaking at the company's annual […]

ARMTI trains 200 value chain developers

The Institute of Agriculture and Agriculture (ARMTI), the state of Ilorin, the state of Kwara, has trained more than 200 agricultural officials to add value to agricultural products in the six geopolitical zones of the country. The Acting Executive Director of the Institute, Dr. Olufemi Oladunni, said that this program contributed to enhancing the federal […]

Floods heighten tension over possible rice shortage

For many farmers, the 2018 farming season is a memory of the experience of 2012, when massive flows destroyed thousands of hectares of agricultural land. Currently, flood catastrophes across the country are sending alarming signals, which are still being received in rice production, will be canceled, since the biggest producing belts have the worst success. […]

Jigawa farmers in dire need of roads to evacuate produce

Farmers in the village of Sambalisa Birnin Kudu Local government in Jigawa says they urgently need roads in the area for easy transportation of agricultural products. Speaking on behalf of the community in an interview with the Nigeria News Agency (NAN), the chairman of the Development Association of Sambalis Malam Abdullahi Sabo appealed to Governor […]

FAO wants value addition to Nigeria’s agric produce

The Food and Agriculture Organization of the United Nations (FAO) urged the federal government to add value to Nigeria’s agricultural products in order to achieve zero hunger by 2030. Mr. Sufyan Koroma, a representative of the FAO country, phoned Abuja on Tuesday for a walk organized to commemorate World Food Day 2018. Koroma, who stressed […]

Australia Farmers Welcome Rain Relief Amid Severe Drought

Farmers in drought-stricken parts of Australia are celebrating after the heavens opened up this week, inundating parched lands with more than a month’s rain in one day following the country’s driest September on record. Eastern Australia has been suffering from an extended dry period — in some regions stretching across several years — leaving farmers […]

Stakeholders advocate adoption of improved seeds

Head of Audu Ogbe, Minister of Agriculture The Nigerian Agricultural Seed Council (NASC) held its annual National Seed Day and Field Farmers Day. The event was attended by interested parties, including seed scientists, researchers, farmers, seed companies, and development partners. The seed fair was designed to showcase the advances made by the council to ensure […]

India. MSP For Rabi Crops For 50% Profit Over Production Cost

A day after farmers protested for higher crop prices on the Delhi-Uttar Pradesh border, the BJP-led government on Wednesday approved MSP for rabi crops ensuring at least 50 per cent profit over production cost, including a Rs 105 hike for wheat. The Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi approved […]

FG partners, destroys materials infected with cow disease

RINDERPEST, a fatal cattle disease, was eradicated worldwide in 2011 after hundreds of years of repeated devastating pandemics. It is worth noting that the disease and smallpox in humans are the only diseases that have been successfully eliminated worldwide. An important measure for the prevention of cattle is the search and safe storage or destruction […]

Farmers will be Nigeria’s future billionaires, says Coscharis

Mr. Cosmas Maduka, Chief Executive Officer of the Coscharis Group of Companies, said that people who invested in agriculture will now become billionaires in Nigeria in the near future. Mr. Cosmas Maduka Maduka, who said when he visited journalists on Tuesday in Lagos, said that this would be so because the average Nigerian family still […]

FYJIO Group pledges support to boost agricultural sector in Africa

Ambassador Ifeoma Mary Edzhiogu The FYJIO Group, under the auspices of the American Chamber of Commerce (USLACC), has confirmed its commitment to revitalizing the agrarian sector in Africa and using various institutions for the development of the continent. A representative, USLACC – Africa, Ifeoma Ambassador Mary Ejiogu, made this known in Abuja during a press […]