The federal government on Wednesday convened a high-level dialogue at the African Development Bank (AfDB) to revolutionise Nigeria’s Agricultural Sector and accelerate the implementation of the Special Agro-industrial Processing Zones (SAPZ-1) Programme. This was disclosed by the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun at the AfDB country office in…
The federal government has taken a major step towards enhancing efforts to increase agricultural output in the country. This will involve the increase of production of soyabean and sugar. Towards this end the government has decided to partner with Trans Sahara Consortium in the areas of Soyabean and Sugar production. This was disclosed by the…
The President of, the African Development Bank, (AfDB) Dr Akinwumi Adesina on Wednesday commended Nigeria’s National Wheat Self-Sufficiency Plan as he revealed the demand for wheat in Africa has surged to over 75 million metric tonnes. Adesina, at the commencement of the ongoing West and Central Africa Wheat Summit 2024, in Abuja, said it was…
The National Bureau of Statistics on Thursday said the national average Cost of a Healthy Diet was N1,255 per adult per day in August 2024. This, the statistics hub said, was prominent in Ogun state at N1,641, Lagos State at N1,615 and Rivers State at N1,572. However, Katsina, Kaduna and Sokoto states accounted for the…
Global rice prices fell on Monday after India, the world’s No.1 exporter of the grain, gave the go-ahead for exports to resume, boosting global supply and helping poor Asian and African buyers secure more affordable supplies, exporters said. India on Saturday allowed exports of non-basmati white rice. That came a day after New Delhi cut…
To ensure food security, and boost state internally generated revenue and employment, Ekiti state Governor Biodun Oyebanji has announced the adoption of the farm settlement era experienced under the leadership of the late Premier, Chief Obafemi Awolowo. The state known for its benevolence in the production of cash crops such as cocoa, oil palm, cashew,…
The Minister of Industry Trade and Investment (FMITI) Doris Anite on Wednesday called for a robust empowerment of Micro, Small, and Medium Enterprises (MSMEs) to address food security in Nigeria. Anite disclosed this at the Bank of Industry (BOI) inaugural lecture themed “Creating Impact: The Role of MSME Support and Financing in Alleviating Poverty and…
300 farmers comprising 140 livestock farmers, 140 cassava and maize farmers and 20 tomato farmers from three Farmers Community Associations ( FCA ), which includes beneficiaries of the Youth Entrepreneur Agro-preneur Programme (YEAP), have been empowered with agricultural inputs for use in their respective agrotypes in the fourth phase of Oyo Community Action Resilience And…
In the face of the harsh economic realities in the country, Governor Umo Eno of Akwa Ibom State has advised economically challenged families to complement government food palliatives with farming. The Governor stated this at the distribution ceremony of foodstuff which included rice, beans and garri to beneficiaries in 76 villages of Etim Ekpo local…
The International Institute of Tropical Agriculture, Ibadan, Oyo State has commended the Afe Babalola University Ado-Ekiti (ABUAD) for its contributions to the development of agriculture and industrial sectors and for ensuring food security in the country. The Deputy Director General of IITA, Dr Kenton Dashiell in a courtesy visit to the university said the institute…
