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Financial matters on Agriculture simplified.
Nigeria has been chosen as one of the priority countries to benefit from the US $280 million Partnership for Inclusive Agricultural Transformation in Africa (PIATA) launched today at the 2017 African Green Revolution Forum (AGRF) in Abidjan, Cote D’Ivoire. The multi-million dollar partnership put together by the Bill & Melinda Gate Foundation, the Rockefeller Foundation […]
A Non-Governmental Organisation (NGO), Lift Above Poverty Organisation (LAPO) has disclosed that that it has spent N3.2 billion to enhance the production capacity of 98,202 rural farmers. The organisation’s Executive Director, Sabina Idowu-Osehobo made the disclosure while reviewing the performance of the LAPO Agricultural and Rural Development Initiative (LARDI). She said the money was to […]
The African Development Bank, AfDB, plans to invest about $24 billion over the next 10 years to accelerate the realisation of the food sufficiency agenda, its president, Akinwumi Adesina, said on Tuesday. Mr. Adesina, who said the investment would be through the Bank’s ‘Feed Africa Strategy’ would require paying attention to the implementation of plans […]
In its bid to strongly drive its strategic business focus on rural economy, Unity Bank Plc said it has developed a product called NIRSAL Farmers Savings Account. The bank said in a statement that the product was specifically designed as a platform to execute a key aspect of its service level agreement for the NIRSAL-Unity […]
The Bank of Industry (BOI) has signed an agreement with OXFAM for the disbursement of Two Hundred Million Naira (N200, 000,000) to OXFAM’s Village Saving and Loan Associations (VSLA) in Nassarawa, Benue and Plateau states. The funding was part of the Federal Government Enterprise and Empowerment Program (GEEP), aimed at strengthening the livelihoods capacity and […]
The British American Tobacco Nigeria Foundation (BATFN) said on Monday that it has spent over N1 billion to empower farmers in rural areas to ensure sufficient farm produce. Mrs Abimbola Okoya, the Executive Director of the foundation, said this at the presentation of the NIS 9001:2015 Quality Management System of the foundation to Standard Organisation […]
In a bid to boost food security, the Osun State government, in partnership with the World Bank has trained over 300 youths across the state on the FADAMA III programme. Tagged FADAMA III AF Graduate Unemployed Youth and Women Support (FADAMA GUYS), the programme was designed to educate the youths on both theory and practical […]
President Muhammadu Buhari says the Federal Government will sustain concrete measures to diversify the economy by devoting more resources to agriculture in the 2017 budget. Speaking to reporters in Nairobi, Kenya at the weekend on the margins of the sixth Tokyo International Conference on African Development (TICAD VI), President Buhari said African countries had a […]
The Central Bank of Nigeria (CBN) has ordered beneficiaries of the N200 billion Commercial Agricultural Credit Scheme (CACS) to henceforth obtain insurance cover for their projects from the Nigeria Agricultural Insurance Company (NAIC). The order followed the release of the amended guidelines for the CACS in a circular signed by the Director, Financial Policy and […]
The Agricultural Bank of Namibia will finance the purchase of female breeding stock as a way of boosting production in the northern communal areas of the country. This was contained in the year-long agreement Agribank signed with the Namibia Development Corporation (NDC) two weeks ago. In terms of the agreement, Agri- bank will purchase the […]
Ten thousand farmers in Edo State cannot access the N350 million donor fund, Edo North Coordinator of All Farmers Association of Nigeria (AFAN) Alhaji Mohammed Oshiobugie has said. Oshiobugie, in an interview with News Agency of Nigeria (NAN) in Benin, said the government failed to pay the N94 million counterpart fund for Fadama III and […]
Agribank and the Namibia Development Corporation (NDC) signed a one year Memorandum of Understanding (MOU) on August 2, in terms of which Agribank will finance the purchasing of female breeding livestock by farmers in the Northern Communal Areas (NCA) from the NDC’s Kavango Cattle Ranch (KCR). To ensure wider benefit to farmers, the MOU provides […]
There is good news for small businesses and farmers. They can draw from the N26 billion Agriculture and SMEs Fund, it was announced yesterday. Union Bank Managing Director Mr Emeka Emuwa broke the news in Abuja at the end of the Bankers Committee meeting. He said the board of the Agriculture and SMEs Fund had […]
The African Chicken Genetics Gains (ACGG) has said it intends to transform smallholder chicken production into commercially viable enterprise with active private sector engagement that empowers rural women. Speaking at a press conference in Lagos, Funso Sonaiya, principal investigator of ACGG, disclosed that the project, which was a product of science and innovation, had produced […]
The eighth legislature of the Kwara House of Assembly has established 300 hectares of farmland in Ejidongari, Moro Local Government Area of the state. The farm which is non-governmental and profit-oriented is owned by the 24 members including the Speaker, Dr Ali Ahmad. The initiative of the house focuses on the determination of the present […]