Vivian Ikemba

AGREEMENT SIGNED IN BRAZIL ON AGROTECH, AGRI-FINANCE AND FERTILISER PRODUCTION IS EXPECTED TO BOOST AGRIBUSINESS IN NIGERIA’S 774 LOCAL LGAS AND ENHANCE PRIVATE SECTOR INVESTMENTS

The Ministry of Agriculture and Food Security (FMAFS) has, on behalf of the federal government, signed a Memorandum of Understanding (MoU) with Fundação Getulio Vargas (FGV) of Brazil, (has signed a Memorandum of Understanding MOU) to advance private sector development in fertiliser production, implement 1.2 billion Green Imperative Project (GIP). The partnership, struck at the…

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WORLD BANK SAYS ECONOMIC INCLUSION PROGRAMMES REACHES ONLY 10 PERCENT OF THE POOREST IN THE WORLD

Economic inclusion programmes are cost-effective and impactful but are reaching only about one-in-ten people living in extreme poverty, according to a World Bank report released recently. Economic inclusion programmes, which provide cash transfers, skills training, business capital, coaching, and market access build a ladder out of poverty for the poorest and most vulnerable people, particularly…

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MINISTER SAYS NIGERIA FACES EXISTENTIAL THREAT DUE TO CLIMATE CHANGE

The Minister of Regional Development, Engr. Abubakar Momoh, has warned that Nigeria’s vulnerability to climate change is escalating and posing significant threats to the country’s development and its people. The Minister stated this on the margins of the United Nations Climate Change Conference (COP29) in Baku, Azerbaijan. According to him, the Niger Delta, the region that…

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WORLD LEADERS ENDORSE A DEAL FOR $300 BILLION ON FRESH CLIMATE FINANCE

AT RECENT CLIMATE SUMMIT   World leaders at the 29th United Nations Climate Summit (COP29) in Baku, Azerbaijan, have reached a new climate finance deal. After about two weeks of intense deliberations and negotiations, wealthy nations have pledged to provide $300bn annually to poorer countries to help them address climate change challenges. The COP29 President, Mukhtar…

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NBS SAYS THERE IS A THIN LINE BETWEEN THOSE WHO GAINED WEALTH IN NIGERIA AND THE LOSERS

The National Bureau of Statistics (NBS) in Abuja said that findings from multi-topic data on household income, assets, health, education, and economic activities have been used to design projects in sectors such as agriculture and food, education, water, social protection and jobs, and governance, valued at $8.9bn. Speaking at the official launch of the 2023/24…

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NAFDAC SEIZES ALCOHOL PACKAGING MATERIALS WORTH N2 BILLION IN LAGOS

The National Agency for Food and Drug Administration and Control (NAFDAC) has dismantled illegal alcohol packaging centres at Article Market in Abule-Osun, Lagos State. The agency said over 50,000 counterfeit branded labels and packaging materials for fake alcoholic beverages, valued at approximately N2 billion, were confiscated. This was made known via its social media handle…

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TINUBU ASSURES IMF THAT NIGERIANS ARE EMBRACING HIS REFORMS DESPITE HARDSHIP

President Bola Tinubu said Nigerians are increasingly embracing the difficult reforms of his administration despite the hardship they’re facing. Tinubu stated this during a meeting with the International Monetary Fund (IMF) Managing Director, Kristalina Georgieva, at the G20 Leaders’ Summit in Rio de Janeiro, Brazil. According to the president, “We have started seeing positive results…

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FG RENEWS PLEDGE TO FIGHT FOOD INSECURITY IN NIGERIA BY ADDRESSING LAPSES IN IMPLEMENTATION OF POLICIES

Ahead of the dry and wet season farming in 2024/2025, the federal government through the Federal Ministry of Agriculture and Food Security (FMAFS) has outlined several initiatives and priorities aimed at enhancing food production in the nation. The Minister of FMAFS, Senator Abubakar Kyari said in a statement signed by the Chief Information Officer of…

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