Despite an existing $2.7bn secured under President Bola Tinubu’s administration from the World Bank, the federal government is about to secure another loan to the tune of $500 million. The authorities say the new loan is to bolster rural access and agricultural marketing in the country. Recall that the international money lender had approved four…
To support citizens’ purchasing power, the Lagos State government will on Sunday commence discounted sales of food items such as rice, beans, gari, bread, eggs, tomatoes, and pepper, among others. This will be done across the five divisions of the state, and beneficiaries will enjoy a rebate of 25 percent on every purchase. The state…
Data by the National Bureau of Statistics NBS, on Friday, revealed that food inflation in Nigeria spiked to an all-time high of 37.92 percent in February. The food inflation rate on a year-on-year basis surged by 13.75 percent against the 24.35 percent recorded in February 2023. NBS said the surge in food inflation on a…
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…
Governor Alex Otti has received bags of grains allocated to the state by the federal government of Nigeria as palliatives. He promised transparent and fair distribution of the grains to the people by the government. Otti disclosed this on while inaugurating the distribution committee at the Government House Umuahia. Represented by his Chief of Staff,…
Abia State government has entered into partnership with the National Root Crops Research Institute,NRCRI, Umudike to establish an agro-processing zone at Industrial Park, Owaza. The commissioner for agriculture, Monica Ironkwe announced this while hosting the state chapter of Rice Farmers and Rice Mill Owners Association of Nigeria in her office in Umuahia, the state capital….
Sesan Olowa, Chairman, Ibeju-Lekki Local Government Area of Lagos State has disclosed that the council has concluded its plans to boost agricultural produce within the council area and to also raise more revenue, noting that the council is embarking on the establishment of cassava plantation hubs to boost revenue earnings. Olowa, while briefing the News…
Governor Dapo Abiodun of Ogun State has advocated for the exploration of available partnership options between Germany and the state in the area of food production. The governor said this while receiving Weert Borner, the Consul General, German Embassy in his office in Abeokuta on Thursday. According to Abiodun, to do so will enable the…
Senator Abubakar Kyari, Minister of Agriculture and Food Security, on Wednesday said that the Federal Government has commenced the distribution of the 42,000 metric tonnes of grains in the seven focal points of State capitals of the Northwestern States. Kyari revealed this while briefing State House correspondents at the end of the Federal Executive Council,…
President Bola Ahmed Tinubu has commended GB Foods for establishing the biggest tomato processing factory in Africa in Nigeria. The president said that the investment has affirmed the confidence of foreign investors in Nigeria. Tinubu said this during the inauguration of the GB Foods state-of-the-art integrated tomato processing plant and expanded farm facilities in Gafara,…
