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As farmers seek import ban, Nigeria buys same quantity of maize abroad

[ad_1] Nigeria imported its second-largest volume of maize in a decade in 2019, maintaining the same level it recorded the previous year, despite calls by farmers for a restriction on the importation of the cereal, data analysed by PREMIUM TIMES show. Data obtained from the United State Department of Agriculture (USDA) shows that Nigeria imported […]

155,000mt palm nut cracker plant launched to bridge sector’s deficit gap

[ad_1] To bridge the huge deficit gap in the palm nut cracker sub-sector, a 155,000-tonne capacity palm nut cracker plant has been built in the country.The Golden Seed Fats and Oils Limited, responsible for the investment has also built a 100,000-tonne palm kernel shell milling plant to boost the sector. Co-Founder and Chief Executive Officer […]

COVID-19, challenges cripple palm oil sector’s prospects

[ad_1] If the testimonies of value chain actors in the Palm Oil sector are anything to go by, the closure of the country’s land borders seems to have given the sector a major boost and improved its turnover. Though the closure was not primarily to protect the national oil palm development, but in reality, based […]

CBN’s agric loan: Stakeholders make case for ‘real’ farmers

[ad_1] Over the years, ‘real’ farmers have complained of not getting access to some of the financial windows by the Central Bank of Nigeria (CBN). But that is gradually changing. Since the introduction of the Anchor Borrowers’ Programme (ABP) in 2015 by the CBN, many more smallholder farmers have increased access to financial inclusion, although […]

How we intend to stop agric produce export – Dantata

[ad_1] In this interview, Alhaji Tajuddeen Aminu Dantata, the chairman of Dantata Food and Allied Products and owner of one of the largest oil mills in West Africa, spoke on his company’s innovations, the importance of animal production, among other issues.   Your company is known for processing and marketing agro products. What are the […]

Job opportunities as Niger-Delta rice mill revived

[ad_1] The Niger Delta Development Commission (NDDC) has given a boost to agriculture in the Niger Delta region by reviving its six tonnes per hour rice mill at Elele-Alimini, in Emohua Local Government Area of Rivers State. Speaking after inspecting the multi-million-naira mill, the NDDC Acting Managing Director, Professor Kemebradikumo Pondei, said that the facility, […]

AGRA commits over $2m to agriculture in Niger

[ad_1] Alliance for Green Revolution in Africa (AGRA) says it has committed over $2million to agricultural development in Niger State to boost food production. Associate Programme Officer, AGRA Niger State, God’swill Aguiyi, made the disclosure at this year’s edition of Niger state council on agriculture and launching of the policy document, where he disclosed that […]

‘Gberigbe Piggery Estate is not infected with African swine fever’

[ad_1] Pig farmers in Gberigbe Piggery Estate, Ikorodu, Lagos, under the umbrella of Gberigbe Pig Farmers Association, said there is no record of the African Swine Fever (ASF) on the farm, noting that anything contrary is untrue. Chairman, ad hoc committee of the association, Mr. Oludele Oluyoyin, said the fact that Oke-Aro Piggery Estate, Ogun […]

Securing the 2020 Cropping Season in the Face of Covid-19 Pandemic

The Alliance for a Green Revolution in Nigeria (AGRA) had a Webinar on “Securing the 2020 Cropping Season in the face of Covid-19 Pandemic” on Thursday 4th of June 2020. The participants were Dr. Mua’zu Abdulkadir, Permanent Secretary Federal Ministry of Agriculture and Rural Development (FMARD), Professor Muhammed Khali Othman, Executive Director National Agriculture Extension […]

MoFo partners talk agrifoodtech exits, regenerative tech, and Covid-19

Back in 2015, AFN spoke with Mitchell Presser, then head of US M&A for law firm Freshfields Bruckhaus Deringer, about the relationship between the private equity investment and growth in agrifoodtech. A lot has changed since then, including Presser’s work. He recently joined Morrison & Foerster’s M&A practice as well as its private equity investments […]

1,000 cassava farmers to get boost in CBN, Ekiti partnership

[ad_1] The Ekiti State government and the Central Bank of Nigeria (CBN) have partnered to empower 1,000 farmers in the state for commercial production of cassava. For smooth take off of the cassava model farming, Governor Kayode Fayemi has released over 6,000 hectares of land to Nigeria Cassava Growers’ Association, Ekiti state chapter. Speaking while unveiling […]

Weak financing, scarcity of labour mar agro-allied businesses

[ad_1] • Farmers commend border policy, interventionsStakeholders in agriculture and allied industries have pinpointed weak financing, the comatose state of the Bank of Agriculture (BoA) and dwindling farm labour as factors dragging the sector down. Inability of the government to restructure the bank for coordinated, structured and country-wide sustainable medium to long-term agricultural credit facilities […]

‘Only Genuine Farmers Should Benefit From CBN’s Zero-Interest Facilities’

[ad_1] Stakeholders in the agricultural sector have commended the Central Bank of Nigeria (CBN) on the various Initiatives put in place in the country to ensure that the country is self-sufficient in food production.  They gave the commendation following the recent announcement by the CBN of a planned integration of non-interest credit facilities into the […]