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Of Foreigners Taking Over Agriculture

Once again, that another outcry by the Federal Government over the nation’s pitiable agricultural sector and the failure to exploit it for economic development has rent the air is understandable. This recent outcry, coming from the Minister of State for Agriculture and Rural Development, Heineken Lokpobiri, is a lamentation that foreigners are currently taking over […]

Banks Urged To Enhance Private Sector Credit

The President of the Chartered Institute of Bankers of Nigeria (CIBN), Prof. Segun Ajibola has advised commercial banks in the country to increase credit to the private sector to grow the economy. Ajibola said this at an inaugural lecture he delivered at Caleb University, Imota, Lagos, a copy of which was made available to us. […]

CSOs Happy Over Gov. Yari’s Strides In Agriculture, ICT, Others

A coalition of Civil Society Groups (CSOs) has lauded Gov. Abdulaziz Yari of Zamafara State on his achievements in agriculture, Information Technology Communication (ICT), healthcare, education among others. A statement by Mr Solomon Adodo, National Convener of the coalition on Sunday in Abuja, said that the pass mark on Yari was based on-the- ground assessment […]

‘Why I’m Passionate About Agripreneurship’

‘Why I’m Passionate About Agripreneur with your first and second degrees in religion, what informed your motivated you to venture into agribusiness? Well, I must note that the purpose of education is to equip you, challenge the status quo and not to get stuck with your field of study. Since I left university in 2010, […]

NBMA Signs Memorandom Of Corporation With SON

The National Biosafety Management Agency (NBMA), today 8th December 2017, signed a memorandum of understanding (MoU) with the Standard Organization of Nigeria (SON) on collaboration of ensuring safe practice of modern biotechnology. The Director General/CEO, NBMA, Dr. Rufus Ebegba, while addressing the team from the SON said that, there is a need for government agencies […]

CBN’ll Use BVN To Blacklist Loan Defaulters –Emefiele

The Central Bank of Nigeria under the auspices of the Bankers’ Committee has concluded plans to use the Bank Verification Number of customers to blacklist loan defaulters from accessing further loans in the nation’s banking system. The CBN Governor, Mr. Godwin Emefiele, made the disclosure at the end of a two-day annual retreat of the […]

Reviving Textile Industry For Economic Growth

The travails of Nigeria’s textile industry were rehashed recently at a seminar organised by the Nigerian Institute of Social and Economic Research, Ibadan. For a once thriving industrial sub-sector that has defied various policy measures to resuscitate, ongoing and other measures suggested signpost some hope. Success will, however, depend on tested initiatives, creativity and strong […]

FG’ll Prosecute FECA Land Grabbers, Says Minister

The Minister for Agriculture and Rural Development, Chief Audu Ogbeh, has warned those who encroach on the land of the Federal College of Agriculture, Akure to desist or face the full wrath of the law. The minister said the Federal Government was determined to deal with anyone caught in the act of destroying government properties. […]

Grain Markets Quiet, Cattle Sharply Lower

Grain markets were generally quiet for the week, with both wheat and corn chopping sideways in a narrow range. World cash wheat prices were little changed as well; Russian offers appear to be stabilizing as they head into the winter months. Export demand has picked up with Egypt, Saudi Arabia, Algeria, Iraq, Jordan and Ethiopia […]

As Nigeria Spends N116b On Palm Oil Import

That Nigeria, just this year alone, has imported 450,000 tons of palm oil to the tune of N116.3billion, is as grim a reality as it is worrisome. With an ever increasing population, a steady decline in palm oil production, and a proliferation of the uses of various products from palm oil, it is an economic […]

Edo, CBN Set Aside N500m Credit Facility To De-risk Agric Investments

The Governor of Edo State, Mr. Godwin Obaseki has inaugurated a nine-man committee to oversee the N500 million Commercial Agricultural Credit Scheme (CACS) initiated in alliance with the Central Bank of Nigeria (CBN) to de-risk investments in agriculture in the state. Obaseki inaugurated the committee headed by the Special Adviser to the Governor on Agriculture, […]