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China’s Sysco wannabe Lehe Food raises $56m in Series C round

[ad_1] Lehe Food, an online wholesale and supply chain platform for agricultural produce, has raised ¥400 million ($56 million) in its Series C funding round. The round was co-led by Hong Kong-based asset manager CDH Investments – a new backer – and existing investor Longzhu (‘Dragon Ball’) Capital, which is the VC arm of on-demand […]

KIDNAPPING: Residents flee Okpanam, demand sack of Fulani herdsmen

[ad_1] HUNDREDS of residents of Okpanam community, Oshimili North Local Government Area, Delta State, have escaped from the community, following the worsening  insecurity, which culminated in the killing of the chairman and Secretary of the town’s Vigilante Group, Emeka Nwaedozie and Festus Monye, last Thursday, by suspected herdsmen. The deceased persons and another person battling for […]

315 killed by armed herdsmen in my domain, Benue Monarch cries out

[ad_1] Five persons including two women have been reportedly killed in three separate attacks on communities in Gwer West and Guma Local Government Areas of Benue state by suspected armed herdsmen. This came as the Paramount ruler of Tyochin kingdom and Chairman of Gwer West Traditional Council, Chief Daniel Abomste raised the alarm that herdsmen […]

Diversification: Monarch drums support for cocoa, coffee, kolanuts farmers

[ad_1] Alhaji Umaru Sanda, the Gangwari Ganye of Ganye Chiefdom, Adamawa State, has urged the Federal and Adamawa  Governments to provide subsidy for Cocoa, Coffee, Kolanuts and other agricultural produce farmers in his domain. The first class traditional ruler made the call at  a news conference to mark his 20th anniversary on the throne, held […]

Farmer writes Sanwo-Olu, recommends ways to avert post COVID-19 food crisis

[ad_1] To avert post COVID-19 food crisis in Lagos State, Governor Babajide Sanwo-Olu has been advised to embark on allocation of farmlands to real farmers, provide tractors to open up farmlands and establish a collection hub and processing centres in all the five zones of the state-Ikorodu, Epe, Badagry, Ikeja and Surulere. Read Original Report […]

Farmers rejoice as NCX begins trading operations

[ad_1] Farmers are hopeful that the era of poor and unstable farm produce prices in the country may be gradually coming to an end with the commencement of trading operations by the Nigeria Commodity Exchange (NCX). Having stable and rewarding prices for farm produce have been a longtime nightmare for Nigerian farmers as most of […]

How loan moratorium, interest rate reduction boost farmers’ hope

[ad_1] With the global economic meltdown due to the ravaging COVID-19 pandemic and the devastating effect of dwindling oil revenues, experts are calling on the Federal Government, through the Central Bank of Nigeria (CBN), to domesticate the nation’s economy, with more focus on agro-economy. They foresee how the  CBN’s extension of the Anchor Borrowers’ loan […]

Farmer Writes Sanwo-Olu On How To Avert Food Crisis

[ad_1] LAGOS – Prince Wale Oyekoya, an agriculturist and Chief Executive Of­ficer of Bama Farms Limited, has affirmed that farmers in Lagos State need government assistance just like any other farmers in other states or country in order to avert food crisis and to contribute meaning­fully to the food security of the state. He made […]

COVID-19: Importance Of Agriculture Has Come To Play- Mbaram

[ad_1] LAGOS – Richard-Mark Mbaram, Technical Adviser, Knowl­edge Management and Communication to the Minister of Agriculture and Rural Development on, has said that the impor­tance of agriculture had come to play in the present situation in the country. He stated this while speak­ing with Sunday Independent in Lagos during the distribu­tion of food items to […]

How Nigeria can use agriculture to mitigate COVID-19 impact — Expert

[ad_1] The Nigerian economy has been seriously affected by the COVID-19 pandemic, a crisis that has caused hardship around the world. Oil prices have fallen and many nations are facing recession or even depression. For Nigeria that relies heavily on oil revenue, it is a dire situation. As the government searches for alternative sources of […]