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Nestlé Nigeria’s says it is using its Sorghum and Millet in the Sahel (SMS) Project to improve livelihoods across the communities in which the company operates, a top official has said. Nestle’s Corporate Communications and Public Affairs Manager, Victoria N’dee Uwadoka, made the assertion while reviewing some farmers visit to the company’s factory at Agbara […]
To an average poultry farmer and producer of feeds in the North, the news that Olam, a company with massive investment in rice and other crops, is now also entering the poultry industry, is a cheering one but which has left some others quite uneasy. In an exclusive interview with Daily Trust, Mr. Ade Adefeko, […]
“Agriculture funds” 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 […]
The federal government has declared its determination to provide all that it would require to ensure that the agricultural intervention project to be pioneered at the Obafemi Awolowo University (OAU), Ile-Ife and bankrolled by the Central Bank of Nigeria (CBN) to the tune of N3bn, is tremendously successful. The minister of Agriculture and Rural Development, […]
Central Bank of Nigeria (CBN) has rated the performance of Niger State high in the on-going Anchor Borrower’s Scheme of the apex bank. Even as 30, 000 farmers has benefited in the scheme so far. The bank attributed the success story of the scheme in the state to the commitment and political will accorded it […]
By Adeyemi Bamidele Ezekiel The President of African Development Bank, AFDB, Dr. Akinwunmi Adeshina, on Tuesday, in Ibadan, reiterated the Bank’s pledge to increase agriculture lending by USD2.4billion over the next 10 years in Africa. This was made known to newsmen in his welcome speech at a conference in Ibadan, organized by the International Institute […]
The Plateau Government, through the Anchor Borrower’s programme, has distributed N9 million worth of farm inputs to 225 farmers in the state. Mrs Linda Barau, the state Commissioner for Agriculture and Rural Development, said while distributing the items on Wednesday in Jos, that the programme was aimed at empowering farmers in the state. According to […]
The Jigawa State Government is eyeing a N5 billion loan under the Commercial Agriculture Credit Scheme of the Central Bank of Nigeria(CBN) to revolutionizing agriculture in the state. The state’s Commissioner of Information, Youth, Sport and Culture, Alhaji Bala Ibrahim who briefed journalists on the outcome of the state’s executive council meeting, explained that the […]
The Federal Government on Tuesday says it will restructure the Bank of Agriculture (BOA), to support the diversification programme of the present administration. Represented by Mr. Godwin Obinna-Opara, an official of the ministry, Ogbe said the present administration had approved the restructuring aimed at strengthening the bank for optimal service delivery to farmers. According to […]
The MD/CEO of the Nigeria Commodity Exchange (NCX), Mrs Zaheera Baba-Ari, has said farmers can now use their farm produce as collateral to secure loans from banks. To do this, Mrs Baba-Ari advised farmers to get in touch with the commodity brokers in their localities, who will help them aggregate their harvest and store them […]
The Central Bank of Nigeria (CBN) has approved about N1.5 billion for disbursement to farmers in Katsina State to boost food production and security in the country under Anchor Borrowers Programme (ABP). Leadership checks indicates that about 8000 rice farmers have been cleared by the apex bank and the state government to receive the funds […]
The government of Governor Abubakar Sani Bello in Niger state has been emphatic in its strategic plan to boost Agricultural activities, invariably enhanced productivity in the state thus using the sector to empower youths and women. The governor recently stated that the government has a comparative advantage in the sector considering the fact that the […]
Cocoa farmers in Osun are to get 150,000 cocoa seedlings at affordable and subsidised rates this season from the local cocoa farmers association. Mr Moses Oladipupo, the state Chairman of Cocoa Farmers Association of Nigeria (CFAN), disclosed this on Tuesday in Osogbo, said that the seedlings would be provided by CFAN. Oladipupo said that farmers […]
Mrs Augusta Osuya, Development Finance Officer (DFD), Central Bank of Nigeria (CBN), has warned that commercial banks that diverted Federal Government’s Agriculture loans, meant for farmers would be sanctioned. She gave the warning in Port Harcourt on Monday during the sensitisation workshop on the need to diversify from oil economy to agriculture. The workshop was […]
The Bank of Agriculture says it has secured 1.118 million dollars grant from the African Development Bank (AfDB) for its capacity building and institutional strengthening projects. In a statement made available on Tuesday in Kaduna, Oluremi Olaoye, the Corporate Communication Manager of the bank, said the projects would enable the bank to sufficiently serve the […]