The Central Bank of Nigeria, CBN, is pointing accusing fingers at the people it called the middlemen who provide financial support to farmers for being responsible for the rising food prices in the country. Mr. Oluyemi Cardoso, governor of CBN said this in Abuja after the meeting of the Monetary Policy Committee, MPC on Tuesday….
The Director General of, the National Agency for Food and Drug Administration Control (NAFDAC), Prof. Mojisola Adeyeye, has debunked her previous remarks on the safety of Genetically Modified Organism (GMO) crops approved by the Federal Government through the National Biosafety Management Agency (NBMA). This was disclosed in a meeting brokered by the Minister of state…
The African Group at the World Trade Organisation on Monday presented a proposal at the WTO General Council to allow the current Director-General to run for a second term. The proposal is for members to consider Dr Ngozi Okonjo Iweala to run for her second term as DG, WTO and for the Chair of the…
If the plan goes on well, developing countries now battling with how to curtail the impact of climate change may find help from donor countries specifically to mitigate the effect of climate change. When that happens, the benefitting countries would have Azerbaijan to thank. The country, which is the host of 2024 UN Climate Change…
The news from Dangote Group considering its involvement in the economic climate in Nigeria is not something to cheer about. First, the group is lamenting the hostility it is facing in the oil and gas sector. And that is at a time Nigerians are jumping for joy that Dangote has come to save them from…
Vulnerable homes in Akwa-Ibom State have been told to expect the distribution of 48,000 bags of rice, as palliative by the federal government to cushion hardship caused by various economic reforms in the country. The move was disclosed at a press briefing at the NUJ Press Centre in Uyo on Friday, by the Commissioner for…
…. SHUTS DOWN ILLEGAL GOLD MINING SITE IN KOGI The Federal Government on Friday announced the shutdown of an illegal gold mine site in Yagba East Local Government Area of Kogi State. The Minister of Solid Minerals Development, Mr. Dele Alake, said the move was part of the Federal Government’s commitment to combat illegal mining…
By the time the National Assembly is through with the amendment of the Nigeria Mineral Development Company Ltd (Establishment) Bill 2023, there should be enough window for better benefits for communities where solid minerals are mined in the country. This indication came to the fore Wednesday in Abuja during the public hearing organised by the…
No matter the efforts made by farmers the prices of food will continue to rise, except the government takes cognisance of, and address, certain critical issues. This is the opinion of some experts who spoke on the rising cost of food prices and the attendant effects on the people. First, they said that the government…
In a bid to cushion the effects of food insecurity and hardship on Nigerians, President Bola Ahmed Tinubu has distributed 740 truckloads of rice to the 36 states and the Federal Capital Territory (FCT). Mohammed Idris, Minister of Information and National Orientation disclosed this while addressing state House Reporters after the Federal Executive Council meeting…
