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Chief Tayo Akingbolagun, the National President, Catfish Association of Nigeria (CAFAN) said Nigeria produced 370,000 metric tonnes of catfish in 2016. Akingbolagun spoke on Tuesday in Benin, during the association’s Annual General Meeting. Akingbolagun put the value of the 370,000 metric tonnes of fish at over N175 billion, adding that fish business contributed about 4.5 […]
Although, the commercial banks finance agricultural activities but their credits are urban based and so small that their impact cannot be felt in the rural areas where farming actually takes place With the recent focus of the Federal Government of Nigeria on diversification of the economy, Agriculture is being promoted in many quarters as the […]
Local farmers at the Igbodu/Isiwo area of Epe in Lagos State yesterday raised the alarm over the incessant kidnap attempts targeted at them in the past few months. As at the last count, the aggrieved farmers said over 50 of their colleagues have fallen victims to the antics of the kidnappers, who only release them […]
Cocoa farmers in the Ivory Coast have called off their strike in order to allow for negotiations with the authorities. This comes despite claims by farmers that they have not been paid for their crops since December last year. The farmers under the aegis of the National Agricultural Syndicate for Progress in Ivory Coast (SYNAP-CI) […]
The federal government will open the national grain reserves in the next two weeks if the prices of food continue to escalate, Minister of Agriculture and Rural Development, Chief Audu Ogbeh, has declared. He disclosed this at the weekend after inauguration of managements of the three Federal Universities of Agriculture at the ministry in Abuja. […]
The Minister of Agriculture and Rural Development, Chief Audu Ogbeh has assured that the $4.5bn that will come to the agriculture sector from the Chinese government as grant to Nigeria would be used to effectively boost agric mechanization even as he noted that the grant must be approached with caution. It would be recalled that […]
Towards the upliftment of farmers’ livelihood, companies using agricultural produce as raw materials have been urged to source for their raw materials locally, to boost the country’s economy. The Minister of Science and Technology, Dr. Ogbonnaya Onu, who stated this during his visit to Nestle’s state of the art Flowergate Factory in Sagamu, Ogun State, […]
An outbreak of armyworm caterpillars present in several southern African countries threatens to strip the entire region of key food supplies, warned the UN food agency Thursday. “It is probably only a matter of time before most of the region will be affected,” said David Phiri, sub-regional coordinator for Southern Africa of the UN’s Food […]
The Central Bank of Nigeria has concluded moves to fund commercial banks with additional foreign exchange to carter for school fees, medicals and personal traveling allowance (PTA) and Business Travel Allowance (BTA) at a special rate of N375 to a dollar. Acting Director, Corporate Communications, CBN, Isaac Okoroafor, who dropped this hint when he was […]
The Senior Special Assistant to the President on Media and Publicity, Malam Garba Shehu, says Nigeria has achieved the status of second largest producer of rice in the world. Malam Garba said this in Abuja at the weekend at a special interactive session with the youths organized by Citizens Support for Good Governance in Nigeria […]
In an effort to increase food production, the Kebbi State Government has procured 300,000 tons of fertilizer for farmers under its short and long term plans . The State Commissioner of Agriculture, Alhaji Muhammad Garba disclosed this to newsmen during a ministerial briefing organised by the state chapter of NUJ in Birnin Kebbi. According to […]
The World Bank Group’s Global Index Insurance Facility (GIIF) and African Reinsurance Corporation (Africa Re) have entered into an agreement to carry out a risk-sharing facility to subsidize premium for over 80million farmers in Africa. The World Bank GIIF is a multi-donor trust fund that has facilitated approximately 1.5 million contracts that cover over 6 […]
The State Employment and Expenditure For Results Project (SEEFOR), an intervention project of the World Bank and the European Union (EU), says it will train 250 Delta youths in hybrid tomato farming. The Coordinator of SEEFOR in Delta, Mr Benson Ojoko, disclosed this in an interview with the News Agency of Nigeria (NAN) on Sunday […]
Mr Godswealth Henry, the Managing Director, JEKON Integrated Farms Nig. Ltd., says Nigerian palm oil is the cheapest in international market because Nigeria exports low quality palm oil. Henry told the News Agency in Nigeria (NAN) in Lagos on Thursday that the palm oil produced in Nigeria was not readily accepted in the international market […]
As the latest inflation rate is pegged at 18.72 per cent from 18.55 per cent by figures released by the National Bureau of Statistics (NBS), showing a 0.17 per cent rise in the consumer price index (CPI), Nigerians, in no small measure, are feeling the bite, as the prices of foodstuff maintain an upward trend. […]