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The Minister of Agriculture, Chief Audu Ogbeh on Tuesday said the policy on the ban of importation of rice and wheat has enabled the country to save $5m daily. Ogbeh said this while speaking in Garun Baba village, Kano during this year’s wheat farm harvest ceremony. “The tariff increase introduced in December last year saw […]
— Ekweremadu wants better welfare for Nigerians in Chinese firms The trade volume between Nigeria and China for the year 2016 has been put at an estimated $13 billion, with activities in various sectors of Nigeria’s economy. This is as the Deputy Senate President, Senator Ike Ekweremadu, called for better working standards and conditions for […]
Public Servants have been urged to go into farming in line with the Federal Government’s diversification policy. The principal manager, Development Finance Office, Central Bank of Nigeria, (CBN), Port Harcourt Branch, Mrs Augustine Osuya, made the call during a sensitization outreach, organized for the Nigerian Security and Civil Defence Corps (NSCDC) in Port Harcourt recently.. […]
A Lagos lawmaker, Mr. Bisi Yusuff on Wednesday urged President Muhammadu Buhari to show more commitment in tackling unemployment problem in the country by providing enabling environment for more people to go into large scale farming. Yusuff, the Chairman of the Lagos State House of Assembly Committee on Public Accounts (Local) told the newsmen that […]
President Nana Addo Dankwa Akufo-Addo has reaffirmed the determination of his government to ensure the growth of the country’s industry and agriculture, stressing: “it is only by growing our economy that we can solve the problems of our economy, principally youth unemployment.” According to the President, his government took over an administration that had already […]
An agriculturist and renowned practical farmer in Ohaji/Egbema Local Government Area of Imo State, Luke Chukwu says the Federal Government was now coming to the right track by accepting agriculture as key to diversifying the ailing economy, and put it on the wheel of recovery from the raging economic recession. This is as he is […]
Minister of State for Agriculture and Rural Development, Hon. Heineken Lokpobiri, has assured that agriculture would be the nation’s economic savior. According to a press statement obtained by The Tide, the minister stated this during a facility tour to Atlantic Shrimps Farm in Badagry, Lagos State, recently. He stated that Nigeria could reclaim her lost […]
The Lagos Chamber of Commerce and Industry (LCCI) has unveiled its agenda for this year’s international trade fair, with focus on charting the path of recovery in terms of industrialisation and sustainable growth. Indeed, the Organisers of the 2017 Lagos International Trade Fair (LITF), LCCI announced that this year’s fair, scheduled to hold from Friday […]
Kenya’s central-bank chief and the CEO of Nigeria’s investment authority discuss their nations’ growth prospects. Africa today is a continent with starkly contrasting growth stories. Kenya, with its diversified economy and relatively strong institutions, weathered the recent crash in commodities prices fairly well, while nations more dependent on oil and mining, such as Nigeria, took […]
The Minister of Science and Technology, Dr. Ogbonnaya Onu has said that the diversification of Nigeria’s economy into agriculture and solid minerals are not enough to take the country out of recession. He therefore stated noted the need to deploy science and technology in an effective and efficient manner, adding that if the country embraces […]
The Jigawa State Government is eyeing a N5 billion loan under the Commercial Agriculture Credit Scheme of the Central Bank of Nigeria(CBN) to revolutionizing agriculture in the state. The state’s Commissioner of Information, Youth, Sport and Culture, Alhaji Bala Ibrahim who briefed journalists on the outcome of the state’s executive council meeting, explained that the […]
Abimbola Akosile looks at the efforts of rice production giant, Olam Nigeria, to enhance food security and local sufficiency in agricultural production, in a bid to help the country realise the global Sustainable Development Goals on hunger and poverty, among others Nigeria, which is in the West Africa region, is Africa’s most populous country and […]
The Federal Government on Tuesday says it will restructure the Bank of Agriculture (BOA), to support the diversification programme of the present administration. Represented by Mr. Godwin Obinna-Opara, an official of the ministry, Ogbe said the present administration had approved the restructuring aimed at strengthening the bank for optimal service delivery to farmers. According to […]
The National Chairman of Association of Indigenous Seafood Stakeholders Nigeria, Mr Lamina Rasheed have said the prices of frozen fish will continue to be high if the government refuse to sell dollars to fish importers at official rate to import frozen fish into the country. Rasheed lamented that the Nigerian fish importers access forex from […]
The International Labour Organisation (ILO) said in its recently released World Employment and Social Outlook Trends 2017 (WESO) that the number of unemployed persons globally will hit over 201 million in 2017, with an additional rise of 2.7 million expected in 2018. According to the ILO report is because the pace of labour force growth […]