The challenges in the country’s economy forced unprecedented production costs on major food processing companies in Nigeria in the past year. The development also affected the prices of commodities in the market, as the affected companies passed the costs to the consumers. For instance, BUA Foods Plc and Dangote Sugar Refinery Plc reported that they…
Farmers at Ebonyi State University, EBSU, farm, in Abakaliki, have lamented that the herders grazing over two hundred cows stormed their farmlands and destroyed their vegetable and crop farms. Speaking to newsmen, they recounted how these herders have incessantly destroyed their farmlands rendering their crop yield useless. A widow, Ibi Eunice, narrated that her family…
President Bola Tinubu is focused on developing all aspects of the national economy including the achievement of the national sugar master plan. The government efforts in this regard is part of the goal of achieving $1 trillion economy within a short time. This assurance was given in Abuja by the Minister of State for Industry,…
The African Development Bank (AfDB), the Ministry of Agriculture and Food Security and the Ministry of Finance have expressed readiness to partner with the Enugu State Government on the development of Special Agro-Industrial Processing Zones (SPAZ) in the state. The Minister of Finance, Wale Edun, who was represented by Dr Akande Oyetola of the African…
The United Nations, UN Emergency Relief Coordinator, Tom Fletcher, has approved a $5m allocation from the Central Emergency Response Fund (CERF) to support anticipatory action for expected floods in Nigeria. This was disclosed on Thursday by the UN’s Humanitarian Coordinator in Nigeria, Mohamed Malick Fall, in a statement released in Abuja. Anticipatory action mitigates predicted…
The issue of racial slur makes the headlines in western nations. An average white man ( pink, we should say) cannot but look at his fellow being whose skin pigmentation looks darker, brown or black, as they want us to believe, and form an opinion. God ensured that those with the “black” pigmentation are majorly…
Abuja based Agri businessman Akomolafe Bankole is still in pains over the demolition of his poultry farm in Abuja by the Federation Capital Territory Development Authority. The poultry farm worth N150 million located in Lokogoma area in Abuja was demolished, according to him, without any form of notification. The demolition, which also resulted in the…
The government has identified two major factors responsible for the failure of efforts at bringing down the prices of food items in the country. The factors were disclosed by the Federal Competition and Consumer Protection Commission. FCCPC. The Commission said it discovered the factors during its recent fact-finding research. It said that traders in major…
The news from India, where the 64th Council Meeting of the International Sugar Organisation, ISO is holding is that the head of Nigeria’s delegation has emerged as the chairman of the organisation’s administrative committee. Mr. Kamar Barkin, executive secretary/chief executive officer of the National Sugar Development Council was until his election at the meeting in…
If the plans of Governor Ademola ADELEKE sails through, then in no distant future Osun State will lead other states in Nigeria in the production of cocoa. He said plans had reached an advance stage to collaborate with a Chinese company towards achieving this objective. Adeleke gave the assurance while receiving a Chinese team that…
