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AgroBusiness Times

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CBN Revised The Guidelines For Commercial Agricultural Credit Scheme (CACS)

The Central Bank of Nigeria has reviewed the Guidelines for Commercial Agriculture Credit Scheme (CACS), to enhance its effectiveness and further mitigate the risks faced by participating financial institutions in financing the agricultural sector. This revision affects Sections 16 and 17 of the Guidelines and introduces significant changes, including a requirement that henceforth, the Nigeria […]

A-Ibom Inaugurates C’ttee Over High Cost Of Garri

The Akwa Ibom State Government has set up a four-member Cassava Seed Multiplication Committee to interface with stakeholders in cassava value chain in order to scale down the soaring price of garri in the second planting season. The committee, which is also to maintain stock of cassava seeds for proper distribution in the state, has […]

Drama, As Minister Hands Over Snakes Smuggled From Cameroon To UNIUYO

There was noticeable tension in Calabar, Cross River State, as the Minister of State for Environment, Ibrahim Jubril, handed over 145 snakes and reptiles to the University of Uyo, Akwa Ibom State, for scientific research. The reptilees were on transit to Europe, seized by the Nigerian Customs Service, after they were smuggled into Nigeria from […]

NAIC Assures Flood Affected Farmers Over Claims

The Nigerian Agricultural Insurance Corporation, NAIC, yesterday, assured flood affected farmers with valid documents of claims evidencing their insurance cover of succor. Onwawe Chukwuma, an officer of NAIC who represented the management at a ‘One Day Stakeholders’ Roundtable Workshop on Lowering Lending Risk to Micro, Small and Medium Enterprises, MSMEs, in the Agricultural Value Chain’ […]

Snake Smugglers Disappear From Custody In Calabar

Two persons, suspected to have smuggled 145 poisonous snakes and other tropical rainforest reptiles from Cameroon to Nigeria, have disappeared from the custody of the Nigerian Agricultural and Quarantine Agency in Calabar, the office they were handed over to by the Nigerian Customs Service along with their consignment. Mr. Ibrahim Jubril, the Minister of State […]

$35 Billion Food Importation Into Africa

As important as food is to the family, nation and the African continent, how much commitment is there to its availability in sufficient quantities, and acceptable quality as well as at affordable prices? The recent experiences in Somalia and South Sudan where negative impacts of insufficient or total absence of food are manifest, speak loudly […]

IITA-CWMP Signs Agreements With 136 Farmers For On-Farm Demonstrations

The International Institute of Tropical Agriculture led Cassava Weed Management Project (IITA-CWMP) is signing agreements for the setting up of 136 demonstration plots with farmers across four states in Nigeria. The for states are Abia, Benue, Ogun and Oyo states. Under the agreements, participating farmers will make available plots of land for on-farm demonstrations. They […]

It Is Time We Go Back To Farming – Aregbesola

Governor Rauf Aregbesola of Osun State , has said that it is high time for Nigeria to go back to farming to sustain itself, saying a time would come when the nation would be left with no other option than agriculture. Aregbesola said this while inspecting 40 acres of farmland owned by the state in […]

The NatnuPreneur Broiler Out-Grower Scheme Out To Enhance Profitability, Says Adewole

The Coordinator of Nigeria’s foremost Broiler Out-grower scheme, ‘natnuPreneur’, Mr. Gbolade Adewole has affirmed the commitment of the scheme, to help boost supply of high quality locally bred chicken for consumption, and making quality chicken available and affordable. The natnuPreneur scheme is a broiler chicken outgrower scheme exclusive to natnudO foods, a subsidiary of Amo […]

Oyintiloye Empowers 759 Farmers, Senior Citizens

A Member of the Osun State House of Assembly, representing Obokun State Constituency, Olatunbosun Oyintiloye has distributed farm inputs, and other empowerment materials to farmers and some other residents of his constituency. About 1,000 people including, 125 farmers, 65 widows, 83 senior citizens, and 486 vulnerable individuals, benefited from the initiative.Some of the materials distributed […]

Lagos Commences Enforcement On Unwholesome Meat Transportation

The Lagos State government has reiterated commitment towards attainment of food security and hygienic environment, noting that the two areas occupy the front burner with the present administration, towards wealth creation, as well as reduce poverty. In a statement, signed by Assistant Director, Public Affairs, Ministry of Agriculture and Cooperatives, Tunbosun Ogunbanwo, who quoted the […]

Importation, Army Worms Decide Future Of Maize Farmers

Few weeks ago in Kebbi State, there was dramatic accusation and denial between Senator Adamu Aliero and Governor Aminu Bello Masari of Katsina State on the one hand and ministers of agriculture, Chief Audu Ogbeh and Finance, Kemi Adeosun on other about importation of over 300 metric tonnes of maize. While both the ministers of […]

300 To Benefit From $200m World Bank Grant In Osun

In a bid to boost food security, the Osun State government, in partnership with the World Bank has trained over 300 youths across the state on the FADAMA III programme. Tagged FADAMA III AF Graduate Unemployed Youth and Women Support (FADAMA GUYS), the programme was designed to educate the youths on both theory and practical […]

AFEX Targets Direct Impact On 1million Farmers By 2020

Nigeria’s first private commodities exchange AFEX,licensed in 2014 by the Securities and Exchanges Commission (SEC) has said its goal is to make a direct impact on the livelihood of one million Nigerian farmers by the end of the year 2020. In a statement to Leadership yesterday, it stated that it was licenced by the SEC […]