IMF SAYS NIGERIA, FOUR OTHER AFRICAN COUNTRIES ARE SEEKING $600 BILLION LOAN TO MITIGATE CLIMATE CHANGE

The International Monetary Fund (IMF) has said that Nigeria, Ethiopia, Cameroon, South Africa, and Somalia are seeking $600bn in climate financing support from financial institutions. The Washington-based lender also said that Nigeria is struggling to attract climate-related Foreign Direct Investments (FDI) due to its inability to end parallel foreign exchange rates and other policy uncertainties….

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EKITI STATE TO USE DIGITAL EXTENSION SERVICES FOR BETTER AGRICULTURAL PRODUCTIVITY 

In a bid to boost agricultural productivity and resilience, the Ekiti State Government has adopted digital extension approaches and climate advisory services. This strategic move aims to bridge the gap between research and farmers, providing them with timely, accurate, and actionable information. Commissioner for Agriculture and Food Security, Ebenezer Boluwade, disclosed this during a training…

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TUC PRESIDENT BLAMES DEPENDENCY ON IMPORTED FOODS FOR DISINCENTIVE FOR GROWTH OF REVENUE FROM AGRICULTURE

The President of the Trade Union Congress (TUC), Comrade Festus Osifo, has revealed that untapped agricultural potentials have deprived the country of an annual revenue of $100bn. Osifo highlighted the country’s reliance on agricultural food imports as a factor driving underdevelopment in the sector. According to him, channeling loans toward agricultural development and reducing taxation…

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GOVERNOR OBASEKI PITCHES NIFOR, OTHERS TO INVESTORS TO STRENGTHEN HIS POLICIES ON AGRIC

The Edo State Governor, Mr. Godwin Obaseki, has sealed a new partnership with the Italian government to strengthen sociocultural and economic relationships between both countries. The development is also expected to advance opportunities in agriculture, technology, tourism, and culture while facilitating cooperation in technical and vocational training, among others. The deal between Edo State and…

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