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Bashir Wali (acting Managing Director and CEO of NEXIM Bank) writes on the need for more actions aimed at diversifying the economy and foreign exchange earnings through increased non-oil exports Neither government agencies nor private sector businesses can do enough in supporting the agenda for diversifying the sources of foreign exchange earnings for the country. […]
History will be made this evening as fresh tomatoes from Kano arrive Lagos by rail after 58 years. Emmanuel Itoya Ijewere, one of Nigeria’s eminent businessmen with extensive experience and interests across the banking, finance and agricultural spectrums disclosed this at the FirstBank’s maiden Agric Expo 2017, held at Eko Hotel and Suites, on Tuesday. […]
A Look into 2017 cattle markets. An even bigger cattle herd is expected in 2017, according to the high rate of heifer retention indicated by the USDA January Cattle Inventory Report. Beef cow numbers grew by 3.5% in 2016, and the U.S. is expecting a substantial growth in beef production to pair with herd growth. […]
The Federal Government said it has commenced domestication of the Malabo Declaration, which stipulates that 10 per cent of Nigeria’s budget be appropriated to the agricultural sector. An official of the Ministry of Agriculture and Rural Development, Baye Sylvester who disclosed this at a 3-day meeting organised by African Union (AU) and New Partnership for […]
As part of its mandate of raising new era of Agricultural Entrepreneurs to improve the country’s economy, Excel Multipurpose Cooperative Society, in conjunction with the Lagos State government is organising a one-day intensive training program for existing and aspiring farmers. The objective of the training powered by the Redeemed Christian Church of God (RCCG) Lagos […]
Kano State Government has approved more than N29 million for the training of Fulani milkmaids on modern milk processing. The Commissioner for Information, Malam Muhammad Garba, told journalists that the decision was the outcome of the State Executive Council meeting in Kano on Thursday. Garba said the council also approved N178 million for the […]
The newly launched United Nation Food and Agriculture Cadre Harmonisé report has revealed that nine million people in 16 northern states may experience food insecurity between the period of March and August 2017. The investigation carried out in 16 states of Adamawa, Borno, Yobe, Kastina, Kebbi, Sokoto, Gombe, Bauchi, Kano, Kaduna, Plateau, Niger, Taraba, Zamfara, […]
The Anambra State Governor, Willie Obiano, has commissioned an ultra-modern integrated rice farm and mill, named JOSAN, at Ufuma, Orumba north Local Government Area of the state. At the commissioning, the governor revealed that rice production in the state is presently 400,000 metric tons, above the 320,000 metric tons of annual consumption capacity of the […]
Ms Malu Dreyer, Head of Bundestrat, the Upper Chamber of the German Parliament, has pledged Germany’s support to Nigeria in its economic recovery effort. Dreyer, who spoke at the weekend while receiving a delegation of the Nigeria Senate led by its President, Dr Bukola Saraki, in Berlin said that Nigeria deserved the support of Germany […]
Chi Farms Limited is celebrating 10 years of business relationship with Aviagen, owners of the popular ‘Arbor Acres’ broiler brand. The partnership, according to the company’s executive director, Martin Middernacht, has made Chi Farms a leading grandparent integrator and distributor of quality day-old chicks in Nigeria. He said: “We are proud that we manage to […]
Governor Aminu Tambuwal of Sokoto State had inaugurated Fadama III, that would provide additional financial intervention for the year 2016/2017 dry season farming in the state. The event, which held at Kurfi Village of Kware Local Government Area, would cover the 23 local government councils at a cost of N1.56 billion. This is contained in […]
GM technology holds great benefits and promise for Africa, which needs to boost food output and to feed a growing population—expected to climb from 1.2 billion to 2.4 billion by 2050. About half of that increase is expected to occur in Africa. Without a sharp increase in food production, Africa faces a future of increased […]
South Africa’s economy contracted 0.3 percent quarter-on-quarter in the final three months of last year as mining and manufacturing output shrank, the statistics agency said on Tuesday, putting credit ratings at risk. Africa’s most industrialised economy faces the risk of being downgraded to junk status owing to weak economic growth after it got a reprieve […]
The High Commissioner of Malaysia in Nigeria, His Excellency, Lim Juay Jin, has expressed surprise at the level of efforts being mustered and deployed by Contec Agro towards achieving food sufficiency in Nigeria. The High Commissioner who visited the research laboratory facility of Contec Agro in Maitama, Abuja on Thursday, particularly expressed delight at the […]
The Portuguese Minister of Science, Technology and Education, Professor Manuel Heitor has indicated the interest of Portuguese government to partner with the National Biotechnology Development Agency (NABDA) to expand technologies with a view to enhancing tropical agriculture and food security in Nigeria. Professor Heitor made this known, while leading a team of experts in different […]