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What’s Ahead For Agriculture Under Trump? For the past eight years, many farmers have chaffed under what’s seen as regulatory overreach under the Obama Administration. Farm groups and Trump supporters expect that to be pulled back after the New York real estate mogul and reality TV star was elected the 45th U.S. president on November […]
Over 1500 employees of Erisco Foods limited are about losing their jobs as the company has begun the process of winding up its tomatoes paste factory in the country sequel to relocating to China. The Company’s President, Chief Eric Umeofia, who announced the plan Tuesday in Lagos, said they are being forced to take the […]
Ekiti State Governor Ayodele Fayose has approved the request of leaders of the Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN), the umbrella body of rearers, to have representation in the anti-grazing marshals. This was the kernel of a meeting of the governor and MACBAN at the Government House in Ado-Ekiti where they fine-tuned some […]
Stanbic IBTC has said it plans to increase its allocation to the agricultural sector given the importance of the sector to job creation and economic prosperity and growth. The CEO, Stanbic IBTC Holdings Plc, Mrs. Sola David-Borha, made the commitment at the 2016 Stanbic IBTC Business Leadership Series in Lagos. David-Borha said financing remains a […]
Rice importation into the country is to end next year, the Minister of Agriculture and Rural Development, Chief Audu Ogbe, has assured. He spoke at a joint Anchor Borrowers rice farm inspection with the Governor of the Central Bank of Nigeria (CBN) Mr. Godwin Emefiele and the Governor of Niger State, Alh Abubakar Bello, at […]
Vice President Yemi Osinbajo has said that over 800 suspected herdsmen have been arrested by the security agencies. Prof. Osinbajo made this disclosure, Friday at a Townhall event in Houston, Texas in the US where he interacted with US-based Nigerians. The Vice President at the well attended townhall meeting moderated by Mr. Rudolf Okonkwo of […]
• ‘700 trailer loads of grains leave Nigeria daily’ The Federal Government has disclosed plans to commence buy-back from farmers at a guaranteed minimum price, to check rising prices of food items in the market. The Minister of Agriculture and Rural Development, Audu Ogbeh, who disclosed this to journalists in Abuja said that on a […]
• Forex crisis, recession hike rates for traders, manufacturers • We still fund real sector, say lenders Banks are taking their scarce assets to governments as foreign exchange crisis and economic recession threaten return of investments. Lending rates to different sectors of the economy for the month of September as published by the Central Bank […]
As part of activities to launch the much mentioned Akure Commodity Exchange initiated, by the Ondo State Governor, Dr Olusegun Mimiko, to help Ondo farmers midwife their sale internationally, the stage is set for the hosting of the 1st International Cocoa Industry and Investment Conference. In a statement issued by the state Commissioner for Information, […]
Former Head of State, General Abdulsalami Abubakar (retd), has described as alarming persistent clashes between the Fulani herdsmen and farmers in the country. According to him, caution should be exercised in solving the problem in order not to escalate the crisis already created. The former military leader turned farmer said the crisis required all the […]
Tension is gradually building up in Ekiti State as the Governor, Ayodele Fayose, and Fulani herdsmen tango over implementation of the newly enacted anti-grazing law in the state. Since the anti-grazing bill was signed into law a couple of months ago, the stage seemed set for a long drawn out battle between the herdsmen and […]
The Ooni of Ife, Oba Enitan Adeyeye Ogunwusi, has called for careful handling of the threat posed by some herdsmen across the country, especially in the Yoruba region of the country. The Ooni, who stated this at the palace of the Ewi of Ado Ekiti, Oba Rufus Adeyemo Adejugbe yesterday, said this became necessary in […]
The Federal Government is making plans to recover over N12 billion owed the Bank of Agriculture (BoA) by farmers.This is part of efforts to revive and recapitalise the bank, the Minister of Agriculture and Rural Development, Chief Audu Ogbeh has said. Ogbeh disclosed this while answering questions from journalists during a tour of the proposed […]
The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, yesterday, disclosed that bulldozers will be mobilised in a few days to the site for Agriculture City located at Kerkete Village in Kwali Area Council of the Federal Capital Territory, FCT, to hasten the ongoing clearing and provision of physical infrastructure. Ogbeh, who disclosed this […]
In a bid to reduce foreign exchange spending on food importation through enhanced funding for agriculture, the Central Bank of Nigeria (CBN) has approved funding supporting to Coscharis Farms for establisment of a rice mill. Meanwhile the Minister of Agriculture, Chief Audu Ogbeh has said that the federal government may soon stop importation of rice […]