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Investment opportunities in agriculture
[ad_1] From our research, only two companies are currently producing cube sugars in the country. These companies are not only producing for over 150 million people in Nigeria, but also for other African countries. This has made it difficult for them to meet up with demand. This means more investors are needed to boost supply. […]
Against the background of Nigeria’s economic vulnerability, President of Dangote Group, Aliko Dangote, has said the current efforts of the Federal Government at diversifying the economy to an agriculture-centred one remains the viable solution to creating a healthy economy.
The federal government Monday moved to boost rice production by signing a N10 billion contract for the construction of integrated large scale rice processing plants in ten states of the federation.
Stakeholders in the Nigeria tomato industry have agreed to hold annual tomato investment roundtable, as part of the initiative to build –up more investment required to stimulate production active along value- chain in country.
Farmcrowdy, an agric-tech platform that gives Nigerians the opportunity to venture in and participate in agriculture by selecting the kind of farms they want to sponsor, has stated that it has been able to attract over £1.6 million to the nation’s agricultural sector from Nigerians….
African Development Bank (AfDB) and other partners such as World Bank are investing over a billion dollars in Nigeria’s power, health and agriculture sectors this 2018 and by that, the bank hopes that the country’s Small and Medium-scale Enterprises (SMEs) landscape will change significantly.
‘How I Become Oil Palm Seedling Breeder ’, Comrade Paul I. Anza is an oil palm farmer/breeder based in Akwanga, Nasarawa State, also into breeding of coconut and oranges among others. He spoke with Daily Trust on the high yielding varieties he breeds in his farm. Excerpts: For how long have you been into breeding? […]
In collaboration with the Federal Government and World Bank, Ogun State government says it has acquired agricultural equipment under the third National Fadama Development Project to increase food production in the state. The equipment include four tractors and implements, as well as a mini rice combined harvester. Ogun State Commissioner for Agriculture, Mrs. Adepeju Adebajo, […]
The Cross River Government on Monday launched the first phase of the nursery of one million cocoa seedlings in Akim/Osomba communities in Akamkpa Local Government Area. Gov. Ben Ayade, who was represented at the ceremony by his Special Adviser on Cocoa Development, Mr Oscar Ofuka, said that the project was part of his administration’s efforts […]
Agriculture was the main source of generating revenue before oil was discovered in Nigeria. Then, the country was into different types of agriculture, ranging from crop farming to peasant farming and plantation agriculture to mention but a few. As soon as oil was discovered, Nigeria abandoned agriculture, and today we are beginning to realise the […]
A computerized net house, measuring 53,000 square meters, believed to be the largest in sub Saharan Africa is currently at advanced stage courtesy of Governor Kashim Shettima’s drive to reposition Borno’s economic potentials through Agriculture. The plan is part of the Government’s response to destructions of livelihoods by Boko Haram insurgents across the State. Governor […]
Investment giant, Dangote Group, has discussed with Plateau State government the idea of acquiring land in the state for the purpose of cultivating wheat, which is the major raw material needed by Dangote for its manufacturing companies in Nigeria. The idea to cultivate wheat in Jos by Dangote is to source the raw material locally […]
In his renewed effort to boot agriculture, The Oyo State Governor, Abiola Ajimobi has notified the state’s House of Assembly of his plans to borrow N2.42 billion (£5 million) to purchase tractors for farming in the state. The governor made this known in a letter sent to the House at yesterday’s plenary and read by […]
The International Fund for Agricultural Development (IFAD) on Thursday restated commitment to engage more farmers in Millet cultivation in Sokoto state. Dr Aminu Aliyu, the state programme coordinator made the pledge during farmers display on millet produce in Tangaza Local Government Area of the state. Aliyu, represented by the state programme Engineering Officer, Malam Yahaya […]
Dizengoff Nigeria in partnership with Best Foods Fresh Farms Ltd and Apel Capital & Trust has set up an agriculture investment fund that will support and finance modern greenhouse farming for has been set by for investors. The fund is a development programme that includes a range of services and financing and non-financing facilities to […]