The Singapore-based agribusiness giant Olam Group has confirmed that it received an offer from the Saudi Agricultural and Livestock Investment Company (SALIC) to buy out the remaining stake in Olam Agri. SALIC, a state-owned entity, currently holds a 35.4% stake in Olam Agri, having acquired it in 2022 as part of a Strategic Supply &…
Dr. Yemi Farounbi, OON, media administrator, teacher and diplomat gave this keynote address in Ibadan on Monday April 13, 2026, at the 70th post-humous birthday of Tunde Idowu, an ace broadcaster who died in 1994 during the eerie days of military dictatorship, when fuel scarcity compounded the public angst against the annulment of the June 12…
It was a difficult moment for the military and police authorities as they had to defend an allegation of complicity in illegal mining, thus denying the government the needed income and collaborating with the people who are appropriating the wealth of the country. The Chief of Defence Staff (CDS), Gen. Christopher Musa and the Inspector…
Concerned about reports of depleting sources of hydrocarbon, the National Assembly appears to now see the need to increase funds for the growth of agriculture in Nigeria. This, it also believes, will further strengthen efforts at battling food insecurity. That is what the speaker of the House of Representatives, Tajudeen Abbas, announced during the “Second…
CHIEF: Leader, quite a long time. What is happening? l called your lines severally to no avail. Each time I called; I met a brick wall. What is the problem? Leader: Immediately we finished our festival last year, I had to go back to our village, in fact, my trip was timely, because my people…
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 Vice Chancellor of the Federal University of Agriculture, Abeokuta, Prof. Babatunde Kehinde, has congratulated Professor Flora Tobolayefa Oluwafemi on her appointment as the vice chancellor of the Nigerian Maritime University, NMU, in the Warri South West local government area of Delta State. Professor Kehinde described the appointment ‘as a recognition of her outstanding leadership…
The Country Representative of the World Food Programme (WFP), David Stevenson, has emphasised the untapped economic potential of agriculture citing Moringa, Hibiscus and Cowpeas plants in the Lake Chad region. Speaking at the 5th Lake Chad Governors’ Forum in Maiduguri, Borno State on Thursday, he stated that investing in cowpeas, moringa, and hibiscus farming could…
Vice President Kashim Shettima on Tuesday called for a collective effort to reform the economy, through accelerated diversification, industrialization, digitization, creative arts, manufacturing, and innovation, all of which are targeted toward sustained inclusive economic growth. This is as the vice president vowed to not relent in implementing fiscal reforms on the economic structure of the…
The Nigeria Centre for Disease Control and Prevention (NCDC) has disclosed that Nigeria recorded 67 confirmed cases of Mpox from 1,031 suspected cases in 23 states and the Federal Capital Territory(FCT). The Director-General of the NCDC, Dr. Jide Idris revealed this during a press briefing held in Abuja on Wednesday. According to him the states…
