Leading maize producing states in the country would have to watch Cross River. The South South state is posing a challenge in that sector. The state government, not one of the ten leading maize producing states, is taking up the challenge by encouraging maize farmers with a mouth watering loan of N1 million each to…
There is a scientific approach to curb artificial inflation, particularly in the food sector. That is what the National Bureau of Statistics (NBS), in collaboration with the Nigerian Economic Summit Group (NESG), have decided to apply in their monthly report beginning from the end of January. They announced that three new indices to track price…
The Enugu State Government has announced December this year as the deadline for mineral title holders to commence coal mining operations in the state. The government announced this at the end of a meeting between the state’s Mineral Resources and Environmental Management Committee led by its Chairperson, Samuel Okoro, and mineral title holders in the…
One of Nigeria’s oldest cocoa processing companies, FTN Cocoa Processors Plc incorporated appears headed for bankruptcy, as its liability is said to have exceeded its assets. The company, which was established in 1991 as Fantastic Abiola Nigeria Limited, but was later re-christened Fantastic Traders Nigeria Limited on August 26, 1998. The company’s core activities are…
The federal government continues to work on its plan to boost food production in 2024. The latest effort by the Ministry of Agriculture and Food Security is the launching of irrigation project to achieve that objective. The irrigation production is expected to assist between 200,000 and 250,000 farmers. And from their efforts the federal government…
The International Society for Civil Liberties and Rule of Law, has warned governors of South-East states, especially, governors of Enugu, Abia, Anambra and Imo states, that land in the region was not available for grab for ‘Fulani’ in the name of ranching/settlements in any part of the region. Reminding the governors that the South-East landmass…
The Federal Government on Thursday has urged cooperative societies in Nigeria’s South-South region to support the proposed Cooperative Bank of Nigeria and the National Cooperative Sector Digitalization Drive. The Minister of State for Agriculture and Food Security and Supervising Minister of Cooperative Affairs, Senator Aliyu Sabi Abdullahi, made the call in Yenagoa, Bayelsa State, during…
The Chief Executive Officer of the Nigerian Economic Summit Group (NESG), Dr. Tayo Aduloju, on Thursday called for the rebasing of the country’s economy to stimulate new growth that is indispensable for crafting evidence-based policies to strengthen sectoral performance. The is as the National Bureau of Statistics (NBS) has said data emanateing from the rebased…
The Governor of Niger State Mohammed Bago said 41 women cooperative groups have been empowered with N492m from World Bank. This is as Bago commissioned a rice processing centre under the Nigeria for Women Project (NfWP) as the state’s commitment to economic development. The initiative on agriculture seeks to boost food and economic development in…
There is a movement towards breaking the yoke of crude agricultural practice to bring about the benefits of modern farming. This is as a result of the collaboration between the Agricultural Research institutes across Nigeria and the Small-Scale Women Farmers Organisation of Nigeria (SWFON). The aim is to promote good farming practices and enhance agricultural…
