AgroBusiness Times

[ad_1]  For Nigerians not to experience hunger and food shortage this year, stakeholders in the sector have identified insecurity and high interest rate as some factors that need to be tackled even as Nigeria has signed the African Continental Free Trade Area (AfCFTA), which started on January 1, 2021  The stakeholders in separate interviews with […]

[ad_1]  Agribusiness is the business sector surrounding farming and farming-related commercial activities.  The business involves all the steps required to send an agricultural good to market: production, processing/packaging and distribution. It is an important component of the economy in countries with arable land, since agricultural products can be exported for foreign exchange.  Expanding the term […]

[ad_1] As dry season farming commences, rice millers under the auspices of Rice Millers Association of Nigerian, RIMAN, Thursday, demanded simplified process of Central Bank of Nigeria, CBN’s, Private Sector-led Accelerated Agriculture Development Scheme, P-AADS. In a chat with Vanguard, the National President, RIMAN, Peter Dama, said CBN should review its conditions that would encourage […]

[ad_1] The FAO Food Price Index averaged 115.7 points in December, up 1.3 points (1.1 per cent) from November, marking the sixth consecutive monthly rise. Over the whole of 2020, the Food Price index averaged 97.9 points, a three-year high and 3.1 per cent increase from 2019 but still well below its peak of 131.9 […]

[ad_1] The decision came amidst the scandal involving the Managing Director of the bank, Adam Nuru. The management of First City Monument Bank has appointed Yemisi Edun as its acting managing director. The decision came amidst the scandal involving the managing director of the bank, Adam Nuru. Mr Nuru proceeded on leave earlier in the […]

[ad_1] The environmental situation becomes even more severe during the dry season, thus worsening the security situation. The conflicts involving farmers and herders in Nigeria remain one of the country’s top security challenges and a direct threat to national stability and unity. This is because the actors usually belong to different ethno-religious sections. These sections […]

[ad_1] As part of measures to ensure food security, the Federal Capital Territory Administration FCTA said it has begun an aggressive campaign targeted at boosting dry season farming and has also trained about 2000 farmers on pest control and storage techniques. Acting Secretary, FCT Agriculture and Rural Development Secretariat, Ibe Chukwuemeka disclosed this at a […]

[ad_1] Prof. Uchechi Ogbuagu of Department of Economics, University of Calabar, on Monday called for the reintroduction of the Agriculture Commodity Boards. He said this was necessary if the nation must increase its revenue from the agricultural sector. Ogbuagu made the call in an interview with the News Agency of Nigeria (NAN) in Calabar. According […]

[ad_1] The Rural Development Initiative (RDI), a subsidiary of Lift Above Poverty Organisation (LAPO) Group, says it has supported 129,637 rural farmers with N10.9 billion  soft loans in 2019. Mr Wisdom Abhulimen, Head Advocacy and Communication, LAPO, said in a statement made available to journalists on Monday in Benin. Abhulimen said the statistics were released […]

[ad_1] At least 11 people have been killed in the latest fighting between farmers and nomadic herders in the southeast of Chad, the local governor told AFP Sunday. The fighting took place on Friday and Saturday in Salamat province, after cattle belonging to one herder ruined a field. The herders attacked as the farmers were […]