TINUBU PREACHES MECHANISED FARMING TO ENHANCE FOOD SECURITY, AS GOVERNMENT APPROVES ESTABLISHMENT OF A TRACTOR ASSEMBLY IN NIGERIA

President Bola Tinubu on Tuesday urged Nigerians to adopt mechanized farming to address hunger and food insecurity. Tinubu gave the call during his presidential address to mark Nigeria’s 64th Independence Day celebration. Recall In 2023, Nigeria was included among the global “hunger hotspots” by the World Food Programme, a development linked to rising insecurity in…

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FINANCE MINISTER SAYS ZERO-DUTY ON FOOD IMPORT MEANT TO BOOST AVAILABILITY OF FOOD ITEMS 

The federal government has said that it is working tirelessly to boost domestic food production before the expiration of the 150-day duty-free import window for food commodities. The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun said this in a statement after chairing the closed-door session of a pivotal meeting with…

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MAN PREDICTS HIGHER INFLATION IN PRICES OF GOODS, TRANSPORTATION, OTHERS

The Manufacturers Association of Nigeria (MAN) has reacted to the new price of Premium Motor Spirit (PMS), popularly known as petrol, warning of a high possibility of a rise in inflation figures, impacting household budgets. In a statement by its Director-General, Segun Ajayi-Kadir, on Wednesday, the association enumerated the impacts of the petrol price adding…

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FOOD SECURITY: FEDERAL GOVERNMENT, UNITED NATIONS COLLABORATE TO BOOST AGRICULTURAL PRODUCTION 

The Minister of Agriculture and Food Security, Senator Abubakar Kyari, in an appeal during the visit of the United Nations Deputy Secretary-General, Dr Amina Mohammed, to Nigeria recently called for a more robust partnership with the United Nations to achieve sustainable agricultural development and food security. Kyari, who spoke at the partnership meeting emphasised the…

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CONSUMER PROTECTION COMMISSION  CLARIFIES ONE MONTH DEADLINE TO TRADERS ON PRICE REDUCTION 

The Federal Competition and Consumer Protection Commission has dismissed claims that it plans to regulate the prices of food items and other commodities in the Nigerian market. It clarified that its recent directives are solely aimed at curbing exploitative practices and maintaining a competitive marketplace in a statement by its Director, Special Duties and Strategic…

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