Chairman of the House Committee on Livestock, Hon. Wale Raji, has lamented the significant capital flight caused by the country’s reliance on livestock imports due to its inability to meet domestic consumption demands. Speaking at the inaugural meeting of the Committee in Abuja, Raji noted that the annual production in Nigeria’s livestock sector is estimated…
As Nigeria battles with food insecurity there are reports that more challenges may be on the way to further compound the problem. The report is to the effect that as the years roll on, the country will have more mouths to feed, thus complicating the problem at hand about how to provide for the current…
The Federal Competition and Consumer Protection Commission (FCCPC) has uncovered the availability of substandard and unregistered sugar products in Nigerian markets. The Commission said that the adulterated sugar were smuggled brands from Brazil, including Grupo Moreno, Terous, USI S. Joao, Alvean and Arapora Bionergia. The products, the FCCPC noted, failed to meet mandatory Vitamin A…
The Nigerian Society of Engineers (NSE) has signed a Memorandum of Understanding (MoU) with Asset Rise Limited and Lancaster Farms to enhance food security and create employment opportunities for Nigerians. The NSE President, Engr. Margaret Oguntala said, shortly after signing the MoU in Abuja, that the agreement would open more employment opportunities for the youths….
As the nation grapples with the realities of macroeconomic reforms being implemented by the Federal Government, Lagos State Governor Babajide Sanwo-Olu has emphasised the need for the country to focus on boosting the non-oil alternatives that will aid full diversification of the national economy. The governor said decades of dependence on importation of finished goods…
Shareholders of Flour Mills of Nigeria Plc (FMN) have approved a N86 per share buyout under a Scheme of Arrangement at a Court-ordered meeting. The resolution paves the way for the transfer of ownership of FMN shares to Excelsior Shipping Company Limited and its Nigerian subsidiary, Greywise Investment Solutions Limited. At the meeting, shareholders endorsed…
Niger State says it is taking bold action against climate change by planning to plant one billion trees. The project, according to the Secretary to the State Government, Abubakar Usman, aims to combat the devastating effects of climate change, and aid the state’s broader strategy to go green. Abubakar who disclosed this at the State’s…
Director-General/CEO of the National Council on Climate Change (NCCC), Dr. Nkiruka Chidia-Maduekwe has emphasised that Africa will persist in advocating for changes to the climate finance framework. Maduekwe stated this during an interview with journalists at the Nigerian pavilion at the COP 29 in Baku Azerbaijan. She noted that change for climate change architecture is…
Nigeria has signed a landmark Memorandum of Understanding (MOU) with the People’s Republic of China, aimed to adopt and accelerate climate action through innovative solutions, mutual cooperation, and shared expertise in combating environmental challenges. The signing happened on the sidelines of the ongoing COP29, where Nigeria’s Minister of Environment, Malam Balarabe Abbas Lawal, participated in…
Some of the man-made factors inhibiting efforts at achieving food security in Nigeria are being tackled gradually. The National Agency for Food and Drug Administration and Control (NAFDAC), as part of the efforts to ensure quality in the Nigerian space, has discovered a warehouse where chemicals used for farming is produced. The discovery was made…
