Browsing tag
Investment opportunities in agriculture
The Federal Government has been urged to formulate policies that will attract investment in the coconut sector. A lecturer in the Department of Plant Biology and Biotechnology, University of Benin, Prof. MacDonald Idu, made this call at an event to mark the World Coconut Day. The Asian and Pacific Coconut Community (APCC), with headquarters in […]
Flour Mills of Nigeria Plc, said it has invested up to N90 billion in agro-allied supply chain, creating 9,000 jobs with a multiplier (indirect) of up to 54,000 jobs in the country. The investments in the food value chains, which include oils and fats, feeds/proteins, starches, agro distribution and sweeteners have potential of saving up […]
The Edo State Government and WACOT Limited will receive the Vice President of Nigeria – Professor Yemi Osibanjo, on Tuesday, August 29, 2017, to commission the Edo State Fertilizer and Chemical Company Limited (ESFCCL) located in Auchi, Edo State. The Edo Fertilizer plant was rehabilitated by WACOT Limited in collaboration with Edo State Government, under […]
The director, system and site integration, International Institute of Tropical Agriculture (IITA), Dr. Kwesi Atta-Krah, has urged investors in seed production plants to help meet the demand for improved seeds. He said this will enhance quality seed availability as more stakeholders, will have access to more quality seeds. The director in an interview with journalists […]
The Federal government through the Minister of State for Agriculture and Rural Development, Senator Heineken Lokpobiri has again expressed the political will and commitment to creating business employment in agriculture. The Minister restated this commitment when he received a delegation of Nestle Nigeria Plc led by its managing director and chief executive officer, Mauricio Alarcon, […]
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 […]
“We are looking to understand better, the green alternative programme of the federal government of Nigeria, to understand what the investment components are and to see how this can be aligned with the continental agenda,” he said. The African Union Commission (AUC) says it is working with other regional agencies to help Nigeria mainstream the […]
Accords for cooperation to be signed on water, cybersecurity and agriculture. Israel and the World Bank are planning to expand cooperation in water, cybersecurity and agriculture in African countries in the coming months, Israel’s Economy Minister Eli Cohen said. Three new cooperation agreements in these fields will be signed with the World Bank. “Cooperation with […]
A cassava farmer said the delay of the loans and inputs to farmers was also a threat to food security and export. Some farmers have appealed to the Federal Government to facilitate prompt disbursement of agriculture loans to them to improve cassava production in the country. They made the appeal when they spoke with the […]
The president of the African Development Bank (AfDB) Dr Akinwumi Adesina has said the bank through its Feed Africa Strategy, would invest $24 billion over the next 10 years to help drive the agricultural transformation of Africa. This he said is a 400 per cent increase in financing to the agricultural sector by the bank. […]
In an effort to increase food production, the Kebbi State Government has procured 300,000 tons of fertilizer for farmers under its short and long term plans . The State Commissioner of Agriculture, Alhaji Muhammad Garba disclosed this to newsmen during a ministerial briefing organised by the state chapter of NUJ in Birnin Kebbi. According to […]
The Bankers Committee said that banks will contribute about N30 billion of their profit after tax in a newly created Agriculture/Small and Medium Enterprises, SME, fund, designed to support the funding and access to finance by SMEs and primary agriculture. These were part of a series of measures taken 8th annual Bankers Committee retreat to […]
*No famine in 2017—Ogbeh *FG working to end recession —Osinbajo The African Development Bank, AfDB, is to invest $24 billion in agriculture and agribusiness on the continent in the next 10 years. This came on a day the Minister of Agriculture, Chief Audu Ogbeh, assured that there would be […]
As the government is striving to make agriculture the mainstay of the Nigerian economy, fertilizer which is a critical input in agriculture has attracted an investment worth $4.5 billion. This investment was majorly done by Notore and Indoramma, who have been the major players in the fertiliser subsector in the recent past. It was also […]
How to Make Money in Groundnut Farming, Hope you are ready to digest the long post (it’s a bit detailed to enhance better understanding).To cultivate groundnut is easy and profitable too. Knowing when and how to plant this crop can make you realize huge gain. Groundnut is a crop that has a very high demand […]