The long awaited Agribusiness Roundtable International Conference, “UYO 2024” has opened at the prestigious Ibom Hotel & Golf Resort, Uyo, Akwa Ibom State. The conference is in line with the ARISE agenda, the economic blueprint of the Akwa Ibom State government which focuses on “Agricultural Revolution” and total transformation. It brings together agricultural visionaries, innovators,…
Following a strategy to support investment in private sector development to promote the growth of the real sector, the African Development Bank, AfDB, has announced 75 million dollar loan Memorandum of Understanding agreement with Nigerias Indorama Eleme Fertilizer and Chemicals Limited which will enable the company to increase its fertilizer production and develop a port…
Peter Obi, presidential candidate of the Labour Party during the 2023 general election has a panacea to the crisis of hunger in the country. And he has asked the three arms of government to make use of the solution. According to him, the solution to the crisis is an increase in investment in agriculture. In…
Governor Usman Ododo of Kogi State is walking the talk on the development of agriculture with a purpose to ensure the sustainability of food security and better agricultural practices in the state. He partnered with World Bank Group on the second phase of the Community Revolving Fund of the Agro-climate Resilience in Semi-arid Landscapes (ACReSAL)…
Speaker of the House of Representatives, Rt. Hon. Tajudeen Abbas, has underscored the need for the establishment of more specialised agricultural institutions, saying it is necessary to accelerate the federal government’s drive for food security, mechanised farming and diversification of the economy. Speaker Abbas made the submission in Abuja while declaring open a public hearing…
The sum of $2.2 billion is set to be released in 2025, for the development of Special Agro-Industrial Processing Zones (SAPZ) across Nigeria by the African Development Bank (AfDB), in a bold move initiative to significantly boost Nigeria’s agricultural productivity, create jobs and strengthen value chains, cementing the country’s position as a leader in agro-industrial…
Governor Babajide Sanwo-Olu of Lagos State believes that food processing companies have a role to play in bringing relief to Nigerians in this hard time. The governor said that the agro-allied companies can do this by helping to crash the prices of food items produced by them. He said this in the backdrop of the…
The House of Representatives has advised the Central Bank of Nigeria (CBN) to provide an additional $3bn to the Nigeria Incentive-Based Risk Sharing for Agricultural Lending (NIRSAL). The lawmakers said the fund would be used to finance agricultural lending to enhance efforts at combating food insecurity in the country. The member representing Idemili North/Idemili South…
The Abia State Government has assured residents of the government’s commitment to reviving all abandoned farm settlements in the state for increased food production. Engr. Ikechukwu Emetu, the state deputy governor, gave the assurance during an inspection tour of Ukwa Nkporo Palm oil Plantation on Saturday, where he decried the lack of attention by the…
Bob-Track Limited, an indigenous Nigerian firm based in Port Harcourt has unveiled a 120-horsepower tractor that is capable of performing multiple functions on the farm. The Chief Executive Officer of Bob-Track, Mr. Ibifiri Bobmanuel, said at the unveiling ceremony in Port Harcourt that the tractor was designed for African soils and farms and its work…
