The Minister of Water Resources, Engr. Joseph Utsev, has pledged to provide lasting solutions to the water supply issues affecting sugar estates across the country. Utsev expressed his commitment to supporting the National Sugar Development Council (NSDC) in achieving self-sufficiency in sugar production. Utsev’s assurance was made when he hosted NSDC Executive Secretary and Chief…
The Minister of Agriculture and Food Security, Sen. Abubakar Kyari, on Thursday stated that the Ultra Modern Fish Hatchery facility would enhance the aquaculture sub-sector and generate revenue for Nigerian farmers. Speaking at the commissioning of the Ultra Modern fish facility in Calabar, Cross River State, Kyari said the facility has the capacity to produce…
The global food import bill is expected to increase by 2.2 per cent from the previous year to over “$2 trillion in 2024”, according to a report by the Food and Agriculture Organization of the United Nations (FAO) released Thursday. The FAO attributed the increase to higher prices for cocoa, coffee, and tea, accompanied by…
The federal government on Thursday announced the collection of a $134m loan from the African Development Bank (AfDB) to produce 1.2 million metric tonnes of wheat and rice by 2025. The Minister of Agriculture and Food Security, Senator Abubakar Kyari, disclosed this at the flag-off of the 2024/2025 National Dry Season Farming in Calabar, Cross…
THE postponement of the deadline for the enforcement of the European Union Deforestation Regulation (EUDR) came as a relief to Nigeria and other affected countries. However, not a few cocoa farmers in Nigeria are still in panic mode. Read the first part of this report HERE State governments step up investments amid extension Findings show…
Pastor (Otunba) Tola Faseru, Commissioner for Agriculture and Food Security, Osun State is also the President of the African Cashew Alliance, ACA. In this interview with Sultan Bello he speaks about the policies and programmes aimed at boosting Cocoa production and attaining food sufficiency in the state. Excerpts: There was a report that tractors purchased…
The Nigerian stock market closed on a bearish note on Tuesday, with a loss of N69 billion, due to sell-offs in large and medium capitalised stocks. The Nigerian Exchange Ltd. (NGX) market capitalisation, which opened at N59.004 trillion, dropped by N69 billion or 0.12 per cent, closing at N58.935 trillion. Similarly, the All-Share Index (ASI)…
In a bid to achieve food security, and employment generation amongst others, the federal government has reiterated its commitment to ensure the availability of food. This it plans to do through the sustainability of high agricultural yields in the country as part of efforts to curtail the high cost of food. The development comes as…
The Chief Executive Officer of the Nigeria Export Promotion Council (NEPC), Mrs. Nonye Ayeni, says things are looking up for Nigeria in the area of export, thus bringing about hope for a balance of trade that will be favorable to the country. She said this at the third national conference on non-oil export in Abuja,…
The government must give priority to technology for its efforts at promoting food security, health, climate stability and a secured environment to yield the good results. This view was expressed by the Minister of Innovation, Science, and Technology, Chief Uche Nnaji. He was speaking in Abuja to commemorate World Science Day for Peace and Development,…
