….. INITIATIVE TO SAVE N30.5 TRILLION One of the major factors said to be responsible for the scarcity of food in Nigeria is the losses incurred after harvest. Over the years it has been either ignored or treated with levity. One embarrassing development is that it took foreign agencies to emphasise this problem…
Nigeria has secured a major breakthrough in its non-oil export drive as Niger State Governor Mohammed Bago announced a $100 million livestock offtake agreement with the Saudi Export and Import Bank to supply meat and related products to the Middle East. Bago, who made the disclosure at the First Bank Agric and Export Expo 2025…
The Federal Government on Tuesday launched a three-day validation workshop in Abuja to review the 2022–2024 Agricultural Joint Sector Review (JSR) reports and the 3rd National Agrifood Systems Investment Plan (NASIP) for 2025–2027, aimed at transforming the country’s agricultural sector. Declaring the event open at the Abuja Continental Hotel, the Permanent Secretary, Ministry of Agriculture…
The Federal Government has expressed concern over Nigeria’s poor performance in agricultural exports, lamenting that despite the sector’s huge contribution to the economy, it generates less than $400m annually in foreign exchange earnings. Minister of Agriculture and Food Security, Senator Abubakar Kyari, stated this in Lagos at the First Bank of Nigeria Ltd. 2025 Agric…
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, on Tuesday, inaugurated the rehabilitated phase 2 water treatment plant at the Lower Usuma Dam in Ushafa, Bwari Area Council, valued at about N50bn. Speaking at the ceremony, Wike disclosed that President Bola Tinubu has approved the commencement of additional water projects in satellite towns,…
Analysts at Afrinvest West Africa have projected that Nigeria’s headline inflation will ease further to 21.3 per cent year-on-year in August 2025, supported by foreign exchange (FX) stability, early harvest inflows, and relatively subdued global commodity prices. However, they cautioned that persistent food supply constraints and seasonal factors are likely to sustain upward pressure on…
Senator Ned Nwoko (APC-Delta) has called for the establishment, development and management of ranches across all 774 local government areas and the Federal Capital Territory (FCT) to enhance food security across the country. Nwoko, who represents the Delta North Senatorial District in an interview with the News Agency of Nigeria Abuja, said that his proposal…
The Centre for the Promotion of Private Enterprise (CPPE) has warned that Nigeria’s modest relief in headline and core inflation recorded in July 2025 may be undermined by rising food prices and persistent structural constraints in the economy. According to the July 2025 inflation report released by the National Bureau of Statistics (NBS), headline inflation…
The growing rate of the cultivation of cannabis in Nigeria is becoming alarming. The more the National Drug Law Enforcement Agency (NDLEA) bursts the illegal farms, the more daring the perpetrators get. The chairman of NDLEA, General Buba Marwa (retired) has, therefore, sought the collaboration of the Federal Ministry of Agriculture and Food Security (FMAFS)…
The Minister of Agriculture and Food Security, Senator Abubakar Kyari, has said that active participation of youth and women farmers will fast-track the development of Nigeria’s agricultural sector, boost production, revitalize agribusiness, and strengthen food and nutrition security. Kyari made the remarks during a visit to D’More Food and Spices, the food processing arm of…
