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AgroBusiness Times

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Nigeria Yet To Adopt GMOs, Genetic Technology In Agriculture – Ogbeh

The Minister of Agriculture and Rural Development, Audu Ogbeh, says Nigeria has not adopted Genetically Modified Organisms (GMOs) or genetic technology in agriculture and food production. The minister said this when he appeared on a News Agency of Nigeria (NAN) Forum in Abuja. Ogbeh said that although genetic modifications had been taking place in America, […]

Nigerian Market Prices Go Up, Down, And Up Again

The dollar recently fell, exchanging for N470 in three days of trading at the parallel market. But to what extent has this change influenced prices of goods in the country? In a store in Utako Market, Ahmed Kabir is surrounded by an assortment of jewellery, wristwatches, lip gloss, containers of face powder and a variety […]

Trade Fair: Dangote, KADCCIMA Partnership Will Help Economy

Representative of the President of the Dangote Group and Deputy Managing Director, Dangote Flour Mills, Alhaji Ahmed Yakasai, has said that the cooperation between the Dangote Group and the Kaduna Chamber of Commerce Industry Mines and Agriculture, (KADCCIMA), has been helping to ginger the country’s economy. Alhaji Yakasai who said this at the Dangote Special […]

Commodity Price Between February 24, — March 3, 2017

Commodity Price Between February 24, — March 3, 2017 Market Commodity Wholesale Retail Last Week Variance   Measure Price(N) Measure Price(N) P/Kg(N) W(N) R(N) W(N) R(N) Aba Main Market, Abia Statte.           Garri (White) 100Kg 20,000 Paint Bucket 650 224 20,000 650 0 0 Groundnut (Edible) 100Kg 46,000 Paint Bucket 1,500 […]

Health Benefits Of Honey

Honey is one of the oldest sweeteners on earth. Lucky for us, it also has many health benefits and uses. Honey is so good, we have included it in our list of powerfoods that should be in your kitchen right now. Read on for 10 health benefits and uses for this golden sweetener. Health Benefits […]

Saudi Group To Set Up Agric City In Kwara

A Saudi Investment Company, Zain Al-abdin group, is to set up an Agric City in Kwara State. The proposed Agric City, which is to be located along the River Niger in Kwara North, will comprise a cluster of farms. A statement released Tuesday by Muideen Akorede, Senior Special Assistant to the Kwara State Governor on […]

State Govts Urged To Support CBN With Enabling Environment To Boost Agriculture

State Governments have been urged to support the Central Bank of Nigeria (CBN) to boost agriculture by creating enabling environment as means of conserving Foreign Exchange. Speaking on Tuesday in Sokoto at the CBN 23rd Seminar for Finance Correspondents and Business Editors, with the theme: Monetary Policy in a Period of Economic Uncertainty, a financial […]

NEPAD: Need To Focus On Agriculture Projects

Stakeholders at the two-day workshop on the Skills Initiative for Africa programme have advised NEPAD to focus on addressing skill gap by implementing agriculture projects in the country. The stakeholders gave the recommendation in a communiqué read by Dr Iyk Oji, Special Adviser to the National Coordinator of NEPAD Nigeria, Mrs Gloria Akobundu, at the […]

Wheat Importation To End Soon – OGBEH

The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, yesterday, maintained that wheat importation into the country will end soon as the federal government has put in place measures to boost productivity of local wheat farmers. Ogbeh disclosed this at the ongoing ‘International Conference on Wheat’, organised by the Support to Agricultural Research for […]

Nigeria: Economy Performed Better Than Expected In 2016, Says Presidency

The federal government has said Nigerian economy performed better than expected in 2016 though the nation is still in the early stages of recovery. The Special Adviser to the President on Economic Matters, Adeyemi Dipeolu, stated this while reacting to the GDP figures released on Tuesday by the National Bureau of Statistics. He said though […]

Nigerian Economy Contracts by 1.5% In 2016, Marginally Beating IMF Forecast

♦ Presidency says country is on the mend, recession may have bottomed out ♦ NNPC puts oil production at 2.1mbpd The Nigerian economy contracted by 1.5 per cent in 2016, the first full-year contraction since 1991, and slightly beat the forecast by the International Monetary Fund (IMF), which initially predicted a contraction in the country’s […]

Domesticating Malabo Declaration For Nigeria’s Economic Growth

African Heads of State at the 23rd Ordinary Session of the African Union (AU) in Malabo, Equatorial Guinea, in June 2014 adopted the “Malabo Declaration’’ to accelerate agricultural growth and transformation to lift Africa out of poverty. The 2014 declaration was a formal commitment by AU Heads of States and Governments to provide effective leadership […]

Gari From Abroad

• Nigerians and NAFDAC are still pondering the paradox It’s a wonder that gari, a Nigerian staple, is reportedly being imported into Nigeria when the country is the world’s largest producer of cassava, the crop from which gari is produced. According to reports, a Nigerian lady discovered that a shop in Ikoyi, Lagos, was selling […]

Facing The Reality Of Hunger, The Osun Way

Food is as important and central to human existence as air. For sustenance, therefore, human beings the world over need food as of necessity. Whether they will get food to eat is horse of another colour. Today, across the world, an alarming 4 to 5 billion people are suffering from hunger, significant percentage of this […]