Here is an alarm: Nigeria is spending more than necessary on importation of food items. And the concern in the official circle is that such spending may be eating too much into the country’s foreign reserve. Now, here are the disturbing figures. Nigeria’s expenditure on food imports in the first quarter of 2024 soared…
The Nigeria Governors Forum NGF and the Federal Ministry of Agriculture and Food Security FMA&FS are advocating for enhanced crop production to tackle food scarcity across the country. The Acting Head of Media, Halimah Salihu Ahmed, on Sunday, stated that the governors were dedicated to alleviating the pain and suffering of citizens nationwide, due to…
A senator has asked the federal government to institute an investigation into the delay in the distribution of the fertilisers it mandated the federal ministry of agriculture and food security to give to sub-national governments in the country. The call was made by Onyekachi Nwebonyi, Senator representing Ebonyi North senatorial district, who is also the…
Niger State and the Federal Government of Nigeria have joined forces to mobilize N5 billion in counterpart funding for agricultural investment. This significant step aims to improve food security and boost agricultural productivity in Nigeria. The partnership, signed between the National Agricultural Development Fund (NADF) and the Niger State Government, marks a historic moment in…
The administration of President Bola Tinubu has said that it is planning to increase cocoa production to 500, 000 tonnes by next year. That pledge was made by Nura Rimi, Permanent Secretary, Federal Ministry of Industry, Trade, and Investments in a message he sent to the Pre-National Trade Dialogue Series Meeting held in Abuja. The…
The President of the Nigerian Economic Society, Professor Adeola Adenikinju, has emphasized that to achieve food security, Nigeria should adopt the bold agricultural policies implemented by countries like Indonesia and India. He stressed the need for agricultural modernisation through enhanced access to technology, inputs, and irrigation. Professor Adenikinju shared these insights during his presentation on…
The Federal Government is establishing mechanised commercial farms and livestock operations in ten universities. The project will be handled under the Tertiary Education Trust Fund (TETFund) 2025 intervention. Speaking while inaugurating the five-member Committee on Agricultural Commercial Farms Evaluation, Chairman, TETFund Board of Trustees, Hon. Aminu Bello Masari, explained that the beneficiary institutions must meet…
Global rice prices fell on Monday after India, the world’s No.1 exporter of the grain, gave the go-ahead for exports to resume, boosting global supply and helping poor Asian and African buyers secure more affordable supplies, exporters said. India on Saturday allowed exports of non-basmati white rice. That came a day after New Delhi cut…
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…
Rivers State Governor, Mr. Siminalayi Fubara, has promised that the state government would provide the necessary financial support to enable the 45,000 metric tonnes capacity Rivers Cassava Processing Factory at Afam, Oyigbo Local Government Area expand its production lines.The Chief Press Secretary to the Governor, Mr. Nelson Chukwudi, said the governor made the promise after…
