The price of read, one of the staple foods in Nigeria, is not likely to come down soon. This is because the cost of producing flour, one of the major materials of production, is on the rise. For instance, the Flour Mills of Nigeria Plc (FMN), has announced that it spent a whopping N1.419trn on…
As part of its resolve to combat food insecurity from all fronts, President Bola Tinubu’s administration has decided to put everything in place towards achieving an all season agricultural practice in the country. The Managing Director and Chief Executive Officer of the Ogun Osun River Basin Development Authority, Dr Adedeji Ashiru, has therefore announced the…
A study by a private organisation has suggested measures to be taken by the authorities to avert what it described as a looming danger in the food sector in the coming year. The report commissioned by AFEX, a commodity trade solutions company, has recommended measures for the federal government to address price volatility in the…
The Minister of Agriculture and Food Security, Senator Abubakar Kyari has said that the current administration is focused on providing the necessary enabling environment for the private sector to take the lead in the avowed effort to achieve food sufficiency in Nigeria. He said this at the inaugural Farm, Food, and Allied Technologies (FARMFATECH) Expo…
The Minister of Innovation, Science, and Technology, Uche Nnaji, has announced the establishment of a National Research and Innovation Council (NRIC) and the National Research Fund (NRF) to drive research and innovation across Nigeria. Nnaji, during a high-level policy dialogue aimed at fortifying national research and innovation funding structures in Abuja, said the move would…
Master Energy Group has refuted the misinformation that the company has imported expired rice to the country. The company in a statement on Tuesday and posted on its Facebook page explained that the company ordered some quantity of rice in 2016 with the value of the consignment duly paid. It stated that the consignment was…
There are indications that the World Bank may borrow Nigeria’s idea for the use of other countries, as a model for solving nutrition challenges in the West African region. This is just as Vice President Kashim Shettima reaffirmed the government’s commitment to addressing its growing nutrition challenges through a community-driven strategy aimed at transforming nutrition…
THE postponement of the deadline for the enforcement of the European Union Deforestation Regulation (EUDR) comes as a relief to Nigeria and other affected countries. However, not a few cocoa farmers in Nigeria are still in panic mode. Had the European Union (EU) stuck to its deadline to enforce its European Union Deforestation Regulation, EUDR,…
The current inflation in Nigeria is biting hard. The reality now is that majority of people in employment can no longer survive on their income, while scores of the unemployed are losing hope of surviving. Nigerians have seen over 70 percent surge in food expenses, while transport expenses have gone up by more than 40…
The Ogun State Government has started an initiative that will boost the effort of the government to promote food security in the country. The initiative is a formal harvest for aquaculture farmers in some parts of the state, including Ilaro Zone. It is the belief of the government that the step will help reduce food…
