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Oil Giant Nigeria To Sell First African Sovereign Green Bond

Nigeria, Africa’s biggest oil producer, is set to become the first country on the continent to issue a security that raises funds for environmental projects when it launches its green bond on December 18. The government plans to sell 10.7 billion naira ($30m) and the offer is billed to close on December 20, said Lanre […]

North Central Farmers Selected For Dry-Season Rice Farming – AFAN

No fewer than 6,520 farmers from five north-central states and Abuja have been selected to participate in this year’s dry season farming under the Anchor Borrowers’ Programme. Mrs Rabi Emaikwu, Chairman, All Farmers Association of Nigeria (AFAN) in Kogi, disclosed this on Friday in Lokoja at the meeting of the Core Delivery Team (CDT) of […]

Nigeria To Benefit A Lot As New FCWC President, Says Lokpobiri

Sen. Heineken Lokpobiri, Minister of State for Agriculture and Rural Development, says several advantages will accrue to Nigeria as the new president of Fisheries Committee for the West Central Gulf of Guinea (FCWC).The minister said this on Friday in Abuja, while speaking to newsmen on the sidelines of 10th Annual Ministerial Conference of FCWC. He […]

Reviving The Cocoa Industry In Nigeria

The 2015/2016 oil price plunge was the driving factor that led to Nigeria falling into a recession, due to the country’s heavy reliance on oil proceeds. The need for revenue diversification became more apparent as the recession deepened. With the current rebound in global oil prices, the increase in the pace of oil production, and […]

Niger Govt. To Equip Farm Institutes To Train Youths

Gov. Abubakar Bello of Niger on Friday said the state government would equip farm institutes at Tegina, Kuta, Nasko and Bida local government areas to train youths in modern farming methods in 2018. The governor said this while presenting the state’s N128 billion 2018 budget proposal to the state House of Assembly. Bello added that […]

Switzerland Woos More Investors To Nigeria

The Consul-General of Switzerland in Lagos, Mr Yves Nicolet, on Wednesday said that a ‘Nigerian Week’ was recently held in three cantons in Switzerland, to woo more Swiss companies to Nigeria. Nicolet told the News Agency of Nigeria (NAN) in Lagos that the week was held differently in Switzerland’s Italian, French and German–speaking cantons, to […]

Food Insecurity Of IDPs Drops To 2.6 Million- FAO

” Dry Season Farming ” The Food and Agricultural Organization ( FAO ) of the United Nation has said that the number of people estimated to be facing food insecurity in the north east has dropped from 5.2 million people during to 2.6 million. The figure according to FAO represents a period of June to […]

2,324 Unemployed Youths Now Employers Of Labour – Gov. Okowa

Governor Ifeanyi Okowa of Delta has disclosed that the state government’s skills and vocational programmes of job creation have made 2,324 previously unemployed youths in the state employers of labour. He made the disclosure Wednesday in Asaba in his address at an exhibition held to showcase the products and services of youths and women in […]

Nigeria’s Palm Oil Import: How NIFOR Failed On Its Mandate

The formal mandate of the Nigerian Institute for Oil Palm Research is to conduct research into the production and products of oil palm and other palms of economic importance and transfer its research findings to farmers. Nigeria has imported palm oil worth over $3.2billion in the last ten years. The greatest challenge in Nigeria is […]

Buhari’s Farming Is Bad Propaganda —Abimbola Adelakun

To President Muhammadu Buhari’s ardent followers, certain spectacles are heartwarming emblems of his simplicity, but, they are in fact, bad PR. The image of the President of Nigeria watching a 32-inch TV, for instance, should be nobody’s idea of austereness neither should it deserve the fuss it attracted. The same can be said of his […]

NBC To Empower 15,000 Youths, Stakes $900million On Improved Production

With over 2000 youths already empowered courtesy of Nigeria Bottling Company’s (NBC) several youth empowerment programmes across the country, it has announced plans to increase the figure to over 15000 youths in 2018. Indeed, the company added that youth empowerment is key to the realisation of national economic growth and development, stating that a vibrant […]

FG Set To Issue Debut Green Bond In Domestic Market

The Debt Management Office (DMO) has announced that as part of the preparations towards the issuance of the first Sovereign Green Bond, it would sensitise prospective investors in the Bond through a Roadshow in Abuja and Lagos on December 14 and 15, 2017. The offer, which is for N10.69 billion is expected to be advertised […]

Workers In Food, Beverage Sector Suspend Strike As Labour Ministry Wades In

Striking workers in the Food and Beverage sector of the nation’s economy, yesterday suspended their three day old nationwide strike following intervention by the Lagos office of the Federal Ministry of Labour and Employment. The workers on the aegis of Food, Beverage and Tobacco Senior Staff Association, FOBTOB, had on Monday, December 11, began a […]

Police Nab Three Herdsmen With AK-49 Rifle

The Ogun State Police Command says it has arrested three herdsmen for attempted murder and unlawful possession of an AK-49 rifle. The suspects’ names were given as Mohammed Bello (40), Muhammed Momoh (30) and Yisau Umoru (18). PUNCH Metro gathered that they were arrested following information received by the police that one Ige Orisade was […]

FADAMA: Beneficiaries Laud Restoration Scheme

The FADAMA III Second Additional Financing (AFII) programme, a World Bank intervention project, has been receiving widespread commendations for its efforts to boost food security and restore the livelihoods of people in the North East. The beneficiary states of the 50-million-U.S.-dollar project are Borno, Adamawa, Yobe, Taraba, Bauchi and Gombe. The Internal Mission Team of […]