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agro news
The Federal Government has acquired 110 rice milling machines to be installed in different parts of the country, between now and July, to boost rice production across the country. Malam Garba Shehu, the Senior Special Assistant on Media and Publicity to the President, confirmed this development on his Facebook page on Monday, in Abuja. The […]
In line with the federal government ‘s directive on self sufficiency on rice and wheat, governor of Kebbi State, Atiku Bagudu has said compared to last year, 11 states have now joined in wheat production. The governor spoke to State House Correspondents after the acting President Yemi Osinbajo, on Monday met with the Presidential Task […]
Despite the fact that Nigeria is world’s largest producer of cassava, India has reportedly started importation of Garri into Nigeria market. There has been outrage among Nigerians after a lady, Ronke Aderionoye, allegedly spotted an pack of Garri imported from India in a Nigeria store. Nigeria is the largest producer of cassava in the world […]
A retired professor in the Department of Agricultural Engineering, University of Ibadan, Emmanuel Lucas, says forests have the potentials to rescue Nigeria from economic recession. Lucas made the remark at the 39th annual conference of the Forestry Association of Nigeria (FAN) held in Ibadan with the theme “ Harnessing the Uniqueness of Forests for Sustainable […]
The South Sudanese government and humanitarian agencies have declared a famine in parts of the country, which has been devastated by three years of war. The announcement comes as international aid agencies are overwhelmed by catastrophes unfolding in South Sudan and three other countries. The United Nations Mission in the Republic of South Sudan said […]
It’s a crying shame that Africa, with most of the world’s arable land and a large and growing workforce, spends $35bn a year importing food. As young African farmers get back to work transforming agriculture and “making farming sexy” this week, many of them will be feeling renewed drive after a conference in Kigali last […]
No fewer than 19 academics from different universities in Nigeria have begun research attachments in several fields of study sponsored by Shell, a multi-national oil company. Bamidele Odugbesan, Shell spokesperson, made this known in a statement made available to the News Agency of Nigeria on Sunday in Port Harcourt. Mr. Odugbesan said that the programme […]
As the latest inflation rate is pegged at 18.72 per cent from 18.55 per cent by figures released by the National Bureau of Statistics (NBS), showing a 0.17 per cent rise in the consumer price index (CPI), Nigerians, in no small measure, are feeling the bite, as the prices of foodstuff maintain an upward trend. […]
Governor Abdulfatah Ahmed of Kwara State has expressed the determination of his administration to promote commercial farming in the state through various agricultural initiatives. Ahmed made this known in Ilorin while declaring open “Go-Veg Initiative”, a programme organised by Kwara Agro Mall for vegetable farmers in the state. The governor was represented by the state’s […]
The Bank of Industry (BoI) and Bayelsa State government have unveiled a N2 billion Micro Small and Medium Enterprise (MSME) matching development fund to support entrepreneurs in Bayelsa as part of efforts to encourage value-addition to the nation’s natural resource endowments. Indeed, the development finance institution (DFI) highlighted the need to drive MSMEs especially in […]
The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), says it will establish a 300 million dollar agribusiness loan project for young farmers across the country. NIRSAL is an arm of the Central bank of Nigeria (CBN) that provides agribusiness investments credit risk guarantees to help drive economic development through agriculture. The organisation also […]
Let me start by explaining that the State of Osun -Sachsen-Anhalt agricultural cooperation is a platform to tackle agricultural challenges and increase the potentials and viability of agri-business in Nigeria, starting with Osun State. This cooperation is to help synergize on technologies, techniques and human resources in Osun. Now, The State of Osun under Governor […]
Alhaji Aliko Dangote, President of Dangote Groups of Companies, says Nigerians consume over 6.5 million tonnes of rice annually, less than half of which is produced locally. Dangote said this on Wednesday during the inauguration of the Dangote Rice Out growers Scheme in Goronyo Local Government Area of Sokoto State. He expressed concern that the […]
The Central Bank of Nigeria (CBN) says it disbursed 2.83 billion dollars to critical sectors of the economy between December 2016 and January 2017. Mr Isaac Okorafor, the Acting Director, Corporate Communications Department of CBN, made this known in a statement on Thursday in Abuja. He said that manufacturing, raw materials and agriculture topped the […]
Despite ongoing declining ability of Nigeria to earn foreign exchange from the mono-commodity – oil, the nation has continued to waste billions of foreign exchange in the importation of fish it has comparative advantage to cultivate locally. Audu Ogbeh, minister of agriculture and rural development, recently disclosed that “Federal Government spends a whopping $700 million […]