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AgroBusiness Times

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How Nigeria spends billions on coconut importation

[ad_1] Despite its huge coconut consumption record, Nigeria buys the bulk of its coconuts from Ghana and Ivory Coast, and ranks 19th on the list of producers in the world. Nigeria’s expenditure on coconut importation annually cannot be described as anything short of outrageous, as shown by data from the United Nations Statistical Office. The […]

Food security in Ethiopia threatened by locusts and floods

Mohammed Ali, 30, is visibly tired, but relentlessly searching for pastures for his cattle. He leads over 400 head of cattle from Ewa to Asayta Woreda in the Afar region The Afar region has faced an unprecedented locust invasion since August this year. (Image credit: Bernard Dupont/Flickr) Although pastoralists like Mohammed are accustomed to making […]

CBN issues guidelines on private sector agric loan

[ad_1] Banks have guaranteed 26,830 loans worth N3.6 billion to farmers under the Agricultural Credit Guarantee Scheme Fund (ACGSF) in ten months (January to October) 2020. Meanwhile, the  Central Bank of Nigeria (CBN)  has just rolled out guidelines for private sector in agriculture to access loans on the federal government’s Accelerated Agriculture Development Scheme (AADS). […]

Fendt Momentum Virtual Crop Tour to premiere on YouTube on 20 November

AGCO Corporation will premiere the Fendt Momentum Virtual Crop Tour at 10 am EST on 20 November 2020 on Fendt TV AGCO agronomists will share their field observations during the AGCO 2020 Virtual Crop Tour on FendtTV, Nov. 20, 2020 at 10 EST. (Image source: AGCO) The programme, airing on YouTube, will recap findings from […]

Buhari Orders Retrieval Of NALDA Farms To Engage Youths

[ad_1] Abuja – President Muhammadu Buhari has ordered the retrieval of all farm settlements under the National Agricultural Land Development Authority (NALDA). The farms will henceforth be reorganized to enable thousands of young men and women to be engaged in farming activities. He gave the directive while making remarks at the launch of National Young […]

Involvement Of More Young Nigerians In Agriculture Will Bolster Economy – Buhari

[ad_1] President Muhammadu Buhari Tuesday in Abuja urged agencies involved in agriculture to further streamline their priorities in the inclusion of youth in driving modern methods of farming while assuring all those interested that an enabling environment will be created for full participation. In his remark at the launch of National Young Farmers Scheme, designed […]

#Budget2021: Senator criticises Nigerian leaders over poor agriculture funding

[ad_1] Nigerian leaders have failed to allocate enough funds to the agricultural sector, the Senate Deputy Minority Leader, Emmanuel Bwacha, said on Monday. Mr Bwacha made the call at the National Assembly when the Minister of Agriculture and Rural Development, Sabo Nanono, appeared before the Senate committee on agriculture to defend the ministry’s 2021 budget. […]

Naïo Technologies collaborates with VARTA for agricultural robotics solutions

Naïo Technologies, an expert in agricultural robotics solutions, and VARTA, a specialist in innovation and key battery technology, have collaborated to create an autonomous transportable charging station for robots to offer higher-performing robotics solutions to farmers The first prototype will be presented at the FIRA 2020. (Image source: Naïo Technologies) The aim of this collaboration […]

VON DG begs APC leaders, others to key into Buhari’s agric revolution

[ad_1] A chieftain of the ruling All Progressives Congress APC and Director General, Voice of Nigeria VON, Mr Osita Okechukwu has appealed to Nigerians, particularly leaders of the APC to key into the agricultural blueprint of President Muhammadu Buhari which he said is the surest way of meeting the presidential mandate to lift 100 million […]

What you need to know about Nigeria’s $1.2bn loan from Brazil

[ad_1] The federal government would also acquire 100,000 hectares of land in each state for food production The Nigerian government has announced it plans to obtain a $1.2 billion (N459 billion) loan from Brazil. The Minister of Finance, Budget, and National Planning, Zainab Ahmed, made this known on Wednesday at the House of Representatives. She […]

Edo community tackles multinational rice farmer over land acquisition

[ad_1] The leaders of the community have asked the company to vacate their land in the interest of peace, alleging that it was illegally acquired. Indigenes of Illushi community in Esan South East Local Government Area of Edo State are at loggerheads with a rice farming company, Skaff International Agro Farms Limited, over the acquisition […]

Climate Fund Managers, Eos Capital to develop large-scale kelp farm in Namibia

Climate Fund Managers (CFM) and Eos Capital have announced a partnership between Climate Investor Two (managed by Climate Fund Managers), Kelp Blue and the Namibia Infrastructure Development and Investment Fund (NIDIF), managed by Eos Capital, for the commercial development of the world’s first large-scale kelp farm Kelp Blue will create employment opportunities in coastal communities […]

LAKE Rice goes under as border policy flops production MoU

[ad_1] LAKE Rice, a brand of locally cultivated and processed rice by Lagos and Kebbi states, has gone under, The Guardian has reliably gathered. Though Lagos residents have got used to the subsidised brand since 2013, they will probably not have access to the rice ad infinitum. If and when it comes back through the […]

FG appoints Owosibo provost of Fed. College of Animal Health

[ad_1] The Federal Government, through the Minister of Agriculture and Rural Development, has approved appointed Dr Adekoya Olatunde Owosibo as the Provost/Chief Executive Officer of the Federal College of Animal Health and Production Technology, Moor Plantation, Ibadan, in Oyo State. The appointment, according to the government, is for a single period of five years with effect […]

Firm reaffirms commitment to sufficient rice production

[ad_1] As part of efforts to make Nigeria achieve food self-sufficiency, Popular Farms and Mills Limited, an arm of Stallion Group, has reaffirmed commitment to boost rice production in the country. With recent data by the National Bureau of Statistics (NBS) showing how agriculture had positively contributed to the country’s Gross Domestic Product (GDP, the firm […]