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The 2015/2016 oil price plunge was the driving factor that led to Nigeria falling into a recession, due to the country’s heavy reliance on oil proceeds. The need for revenue diversification became more apparent as the recession deepened. With the current rebound in global oil prices, the increase in the pace of oil production, and […]
Gov. Abubakar Bello of Niger on Friday said the state government would equip farm institutes at Tegina, Kuta, Nasko and Bida local government areas to train youths in modern farming methods in 2018. The governor said this while presenting the state’s N128 billion 2018 budget proposal to the state House of Assembly. Bello added that […]
The Consul-General of Switzerland in Lagos, Mr Yves Nicolet, on Wednesday said that a ‘Nigerian Week’ was recently held in three cantons in Switzerland, to woo more Swiss companies to Nigeria. Nicolet told the News Agency of Nigeria (NAN) in Lagos that the week was held differently in Switzerland’s Italian, French and German–speaking cantons, to […]
” Dry Season Farming ” The Food and Agricultural Organization ( FAO ) of the United Nation has said that the number of people estimated to be facing food insecurity in the north east has dropped from 5.2 million people during to 2.6 million. The figure according to FAO represents a period of June to […]
Governor Ifeanyi Okowa of Delta has disclosed that the state government’s skills and vocational programmes of job creation have made 2,324 previously unemployed youths in the state employers of labour. He made the disclosure Wednesday in Asaba in his address at an exhibition held to showcase the products and services of youths and women in […]
The formal mandate of the Nigerian Institute for Oil Palm Research is to conduct research into the production and products of oil palm and other palms of economic importance and transfer its research findings to farmers. Nigeria has imported palm oil worth over $3.2billion in the last ten years. The greatest challenge in Nigeria is […]
To President Muhammadu Buhari’s ardent followers, certain spectacles are heartwarming emblems of his simplicity, but, they are in fact, bad PR. The image of the President of Nigeria watching a 32-inch TV, for instance, should be nobody’s idea of austereness neither should it deserve the fuss it attracted. The same can be said of his […]
With over 2000 youths already empowered courtesy of Nigeria Bottling Company’s (NBC) several youth empowerment programmes across the country, it has announced plans to increase the figure to over 15000 youths in 2018. Indeed, the company added that youth empowerment is key to the realisation of national economic growth and development, stating that a vibrant […]
The Debt Management Office (DMO) has announced that as part of the preparations towards the issuance of the first Sovereign Green Bond, it would sensitise prospective investors in the Bond through a Roadshow in Abuja and Lagos on December 14 and 15, 2017. The offer, which is for N10.69 billion is expected to be advertised […]
Striking workers in the Food and Beverage sector of the nation’s economy, yesterday suspended their three day old nationwide strike following intervention by the Lagos office of the Federal Ministry of Labour and Employment. The workers on the aegis of Food, Beverage and Tobacco Senior Staff Association, FOBTOB, had on Monday, December 11, began a […]
The Ogun State Police Command says it has arrested three herdsmen for attempted murder and unlawful possession of an AK-49 rifle. The suspects’ names were given as Mohammed Bello (40), Muhammed Momoh (30) and Yisau Umoru (18). PUNCH Metro gathered that they were arrested following information received by the police that one Ige Orisade was […]
The FADAMA III Second Additional Financing (AFII) programme, a World Bank intervention project, has been receiving widespread commendations for its efforts to boost food security and restore the livelihoods of people in the North East. The beneficiary states of the 50-million-U.S.-dollar project are Borno, Adamawa, Yobe, Taraba, Bauchi and Gombe. The Internal Mission Team of […]
President Muhammadu Buhari on Tuesday in Paris, France, appealed to the international community to support Nigeria’s commitment to reducing the negative effects of climate change. In a submission to the One Planet Summit in the French capital attended by over 60 Heads of State and Governments, as well as representatives of non-governmental and private organisations, […]
The outcome of the eleventh ministerial conference (MC11) of the World Trade Organization (WTO) was a positive one for India as the country was able to secure the interests of its farmers as well food security for the poor, an official said on Wednesday after the talks concluded with no substantial legally binding declaration. India […]
India managed to protect its farmers’ interests and ensure food security for its poor even as the ministerial meeting of the World Trade Organization (WTO) is unlikely to yield much progress. A series of work programmes on issues such as agriculture, domestic support, fisheries subsidies, e-commerce and services are expected, increasing the chances of some […]