The Minister, Federal Ministry of Industry, Trade and Investment (FMITI), Doris Anite on Tuesday decried the consumption of substandard and counterfeit goods in Nigeria and across Arica. Africa has over 1.2 billion consumers, with a projection to reach 1.7 billion by 2030. However, Consumer expenditure in Africa is peaked at $1.4tn in 2015, growing at…
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…
Consumers in some states in the northern and the southern part of the north are yet to feel the impact of the reported downward in inflation in the month of July. So, the National Bureau of Statistics (NBS) said Borno, Sokoto and Enugu States led the country as the most expensive states to live in…
Bashir Adewale Adeniyi, Comptroller General, Nigeria Customs Service (NCS) has auctioned Premium Motor Spirit, popularly called petrol seized by its operatives in Yola, Adamawa State at the rate of ₦630 per litre, noting the seizures underscore the persistent nature of the challenge and the necessity of continued vigilance and action.Adeniyi, who was represented by Olaniyi…
The International Fund for Agricultural Development (IFAD), in collaboration with the Federal Government and the Niger Delta Development Commission, NDDC , said it has empowered no fewer than 26,000 youth and female farmers in the Niger Delta. IFAD did this through its livelihood Improvement Family Enterprises project. The Country’s Director of the organisation, Madam Dede…
The All Farmers Association of Nigeria, AFAN has decried a sharp practice among farmers where they re-bag rice produced in the country to sell as if imported. Shakin Agbayewa, Deputy Chairman of the All-Farmers Association of Nigeria (AFAN), Lagos chapter, said this in Lagos. The AFAN leader who said Nigerian farmers are capable of meeting…
The Ministry of Agriculture and Food Security (FMAFS), in a joint initiative with the United States Agency for International Development (USAID), announced that they empowered 311 Micro, Small, and Medium Enterprises (MSMEs) through the Feed the Future initiative. Over the past four years, this effort has improved agricultural productivity for smallholder farmers, according to Minister…
The Nigerian government is actively pursuing partnerships with global players in the mining sector to unlock the country’s vast resource potential and drive economic growth. Dr. Doris Uzoka-Anite, the Minister of State for Finance, led the Nigerian delegation to the Future Minerals Forum (FMF) in Riyadh, Saudi Arabia, where she highlighted Nigeria’s abundant resources and…
The newly created Ministry of Livestock Development is still in the news. This time, the news is not about it swelling up the cabinet and therefore increasing the cost of governance nor is it condemnation or commendation. It is that a body of trade and commerce believe that the government had left an aspect that…
Officials of the federal government are not happy that Nigerians who are rightly complaining about hardship in the country are focusing only on the government at the centre. There has , therefore, been a concerted campaign for Nigerians to also ask questions from other arms of government. The campaign which started from the eve of…
