A bill for an act to establish the Armed Forces Farms and Ranches Scheme to enhance food security, promote economic diversification and other related matters has scaled second reading at the House of Representatives. News agency report stated that the bill, which was sponsored by Rep. Babajimi Benson (APC-Lagos state), enjoyed overwhelming support at plenary…
Governor Bassey Otu of Cross River State has created a credit scheme, where his administration will be doling out N150 million every month to bolster agricultural development initiatives. Otu said the scheme was independent from the government. He said a credit-guarantee scheme had been established to facilitate financial assistance for dedicated farmers. The governor announced…
Kashim Shettima, Vice President at the inaugural meeting of the National Council on Privatization (NCP), revealed Federal Governments plan to recapitalize and restructure the Bank of Agriculture, BOA. Shettima while speaking at the event emphasized the critical role that the Bank of Agriculture (BOA) plays in guaranteeing food security for the country. He emphasized the…
In a bid to woo German Investors, President Bola Ahmed Tinubu has listed the energy and solid mineral sectors as key stimulants of his administration’s economic revival programme. The President said this in Abuja while playing host to the visiting German President, Frank-Walter Steinmeier at the State House. In a statement by his Special Adviser…
A group of experts in agriculture and policy has raised concerns about the potential dangers of gene-edited seeds, warning that they could compromise Nigeria’s food security and sovereignty. The experts, who addressed a press conference in Abuja, urged the National Security Adviser (NSA), Mallam Nuhu Ribadu, to investigate the issue and take necessary action to…
He discussed farming with as much expertise as someone who had been in the trade from childhood or had formal training in agriculture. Yet, Mr. Abisagboola, Kehinde Olaniyi, who retired from government service in 2019, had no prior experience of farming until he left public service. In fact, his work, which initially required being on…
The alarming rate of post-harvest losses in Nigeria has led to a staggering N3.5 trillion annual revenue loss, with a significant portion of agricultural produce never reaching consumers. Ahmed Alex Omah, a global ambassador for the World Packaging Organisation, believes that proper packaging can significantly reduce this loss. Omah emphasised the critical role of packaging…
Professor Christopher Akinbile of the Federal University of Technology, Akure, FUTA has been rewarded for a the product of his research, which has contributed to the giant leap in the use of technology in farming in Nigeria. The product is an Integrated Digital Soil Moisture and Temperature Device ,christened MOISTEMP. For this the professor of…
Michelle Corzine, Director of Economic Growth, Agriculture and Power of the United States Agency for International Development (USAID) has disclosed that her government has given grants worth $26.6 million to 33 companies in Nigeria. She said that the gesture was aimed at helping to resolve the food insecurity in the country. She spoke at a…
The Ogun State Government has started an initiative that will boost the effort of the government to promote food security in the country. The initiative is a formal harvest for aquaculture farmers in some parts of the state, including Ilaro Zone. It is the belief of the government that the step will help reduce food…
