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AgroBusiness Times

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Kaduna Farmers get Rice Seeds to Boost Production

A kano-based company,  Popular Farms and Mills, in collaboration with Kaduna State Ministry of Agriculture and Rural Development, has distributed certified rice seeds to 400 local farmers in the state to boost rice production . The rice seeds were distributed to the farmers at a subsidised price. The seeds were distributed in the presence of […]

Boosting Nigeria’s Real Estate, Agric Sectors Via Strategic Partnerships

At a time when oil is no longer an income generator for the country, Nigeria looks inwards at other options, such as the thriving real estate and agricultural sectors.  Nigeria is presently going through economic recession. The oil glut has played a key role in the country’s present economic predicament. The federal government of Nigeria […]

African cassava initiative moves to reduce yield gap on the continent

The African Cassava Agronomy Initiative (ACAI) said on Saturday that it had strengthened its relationship with partners with the aim of reducing the cassava yield gap on the continent. The ACAI Project Coordinator, Dr Abdulai Jalloh, said this in a statement in Ibadan that the body’s project team realized the importance of partnerships and had […]

Agriculture sector needs proper funding, as an option, says BOA MD

Prof. Danbala Danju, Managing Director, Bank of Agriculture (BOA), has called for proper funding of the agriculture sector, if it must be the option to Nigerian economy. Prof. Danbala Danju, Managing Director, Bank of Agriculture Danju made this call at the All Nigerian Editors’ Conference (ANEC) in Port Harcourt on Friday. He noted that the […]

How to diversify economy – Aregbesola

The Osun State Governor, Rauf Aregbesola of Osun has called for a ban on export of primary farm produce, as part of strategies to grow local production and enhance the value chains of the country’s agricultural investments. The Osun State Governor, Rauf Aregbesola He said only innovative ventures in agriculture could make farm produce to […]

Large scale farmer expresses optimism over bumper harvest

A large scale farmer in Kano State, Alhaji Garba Bichi, has expressed optimism that the state would record bumper harvest this farming season. He made the observation in an interview with the News Agency of Nigeria (NAN) in Kano on Monday. “From all indications, we are going to have a bumper harvest this year, especially […]

Firm moves to end reliance on imported tomatoes

Over 75 per cent of harvested tomatoes get wasted yearly in the country, basically due to lack of storage facilities; and limited means of making use of them industrially, resulting into acute shortage off season. Bags of dried tomatoes, waiting to be processed into tomato paste. This development has led Nigerians to total reliance on […]

Benue farmers accuse government of hijacking rice anchor borrowers’ scheme

Prospective beneficiaries of the Central Bank of Nigeria’s (CBN) Rice Anchor Borrowers programme, in Benue State, have accused the handlers of lack of transparency and deliberately frustrating their efforts to access the loan. This is contrary to President Muhammadu Buhari’s directive last June that CBN should extend the ‘Anchor Borrowers’ programme in rice production to […]

Nigeria spends $700m on fish imports annually – Minister

As Government Plans To Boost Research Into Local Production Of species. Audu Ogbeh, Minister for Agriculture and Rural Development The Federal Government said a whooping $700m is spent on annual importation of fish in terms of foreign exchange. The Minister of Agriculture and Rural Development, Audu Ogbeh who disclosed this during a courtesy visit by […]

Youths To Benefit From N25bn Lagos Employment Fund, Says LASG

The Lagos State Government (LASG) on Tuesday said that young farmers in the state would benefit from the N25 billion Lagos State Employment Trust Fund (LSETF) to develop agriculture value chains. Gov. Ankinwumi Ambode Mr Sanni Okanlawon, the Special Adviser to Gov. Ankinwumi Ambode on Food Security, told the News Agency of Nigeria (NAN) in […]

PTDF to sponsor more researches on production of biofuels

The Petroleum Technology Development Fund, PTDF, yesterday, pledged its commitment to sponsor more research on the production of biofuels and biogas from non-edible fruits, in response to the global drive for environment-friendly source of energy.   Acting Executive Secretary of PTDF, Ahmed Galadima, disclosed this at Peer Review programme for the 2014/2015 cycle on annual oil […]

Andrew: To Boost Agriculture in Nigeria, Govt Must Attract Foreign Investments

Olusegun-Paul-Andrew As the Federal Government renews focus on agriculture as a viable alternative to crude oil, international wealth advisor, chairman of the Advisory Board of the African Wealth Report (AWR) and investor, Mr. Olusegun Paul Andrew, in a recent chat with select journalists in Lagos, outlined the huge potential in agri-processing to generate huge foreign […]

Dangote Flour Returns to Profitability

Dangote Flour Mills has returned to profitability, as the repositioning strategies put in place after its re-acquisition from Tiger Brands by Dangote Industries Limited have started to yield fruit, writes Goddy Egene One the factors that have endeared the President of Dangote Group, Alhaji Aliko Dangote to invest in the nation’s capital was his decision […]