FG KICKS OFF FARMER-AGGREGATION COMPANY INITIATIVE FROM PLANTING TO HARVESTING

The Federal Government has commenced the distribution of more than 10 million bags of fertiliser under a new agricultural support programme targeting two million smallholder farmers across Nigeria. The Minister of Agriculture and Food Security, Senator Abubakar Kyari, announced the initiative on Friday, July 17, 2026, during the flag-off ceremony in Zaria, Kaduna State. According…

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TINUBU VOWS TO TRANSFORM COCOA INDUSTRY

President Bola Ahmed Tinubu has unveiled plans to transform Nigeria’s cocoa sector by expanding local processing, industrialisation and value addition to boost economic growth and increase foreign exchange earnings. Tinubu, represented by the Minister of Agriculture and Food Security, Senator Abubakar Kyari, disclosed this at the Cocoa Value Addition Summit 2026 in Abuja, with the…

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INFLATION DROPS AS CBN REFORMS OCASSIONED PRICE PRESSURE 

Nigeria’s headline inflation rate declined to 14.45 per cent in November 2025, signalling a sustained moderation in price pressures and reinforcing expectations that recent monetary tightening and foreign exchange reforms by the Central Bank of Nigeria (CBN) are beginning to yield results. The figure represents a 1.6 percentage-point drop from the 16.05 per cent recorded…

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EXPERTS RAISE ALARM ON COST OF LIVING DESPITE MODERATE GROWTH IN AGRICULTURE AND ECONOMIC INDICES IN Q3

Nigeria’s economy sustained its recovery momentum in the third quarter of 2025, recording a real Gross Domestic Product (GDP) growth of 3.98 per cent, according to the latest policy brief by the Centre for the Promotion of Private Enterprise (CPPE). Although slightly below the 4.3 per cent posted in the second quarter, the think tank…

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PRIVATE SECTOR, NATIONAL ASSEMBLY, FEDERAL GOVERNMENT, OTHERS, DIFFER OVER PROPOSED LAW ON HIGHER DUTY ON SUGAR PRODUCTS

The Manufacturers Association of Nigeria (MAN), Nigerian Employers Consultative Association (NECA) and the Federal Ministry of France, have kicked against a proposed increase in excise duty on sugar sweetened products. Stakeholders at a public hearing at the Senate wing on Thursday, took divergent positions on moves to increase duty on carbonated Sugar Sweetened Beverages (SSB)…

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