TARABA AGRO-ALLIED AIRPORT SHOWS PROMISE ON CONTRIBUTION TO ECONOMY AS CONCESSION IS APPROVED

The Federal Government has given the green light for the concession of the Kashimbila Integrated Cargo and Agro-Allied Airport in Taraba State, paving the way for a Public-Private Partnership (PPP) that promises to transform the region’s economy. Jobson Ewalefoh, Director General of the Infrastructure Concession Regulatory Commission (ICRC), hailed the project as a game-changer for…

Read More

A SLIDE IN LOCAL PRODUCTION AND IMPORT DEPENDENCE CREATE DOUBTS OVER POSITIVE IMPACT OF THE EXPECTED DROP IN GLOBAL RICE PRICE ON NIGERIA

Rice prices are projected to decline by 11 per cent in 2025/2026 due to favourable weather conditions and increased global production, according to the 2025 annual commodities review and outlook report by AFEX, a leading commodity exchange platform. “The global rice market is poised for potential price relief in 2025, driven by expectations of strong…

Read More

AfDB $2.2 BILLION LOAN FOR INDUSTRIAL PROCESSING TO BE FLAGGED OFF IN SEVEN STATES THIS YEAR 

The sum of $2.2 billion is set to be released in 2025, for the development of Special Agro-Industrial Processing Zones (SAPZ) across Nigeria by the African Development Bank (AfDB), in a bold move initiative to significantly boost Nigeria’s agricultural productivity, create jobs and strengthen value chains, cementing the country’s position as a leader in agro-industrial…

Read More

FEDERAL GOVERNMENT BREAKS HALF A CENTURY JINK IN LIVESTOCK BY INTRODUCING EIGHT NEW PASTURE VARIETIES

Livestock development is getting a great boost under the present administration. The latest news is that the Federal Ministry of Livestock Development has made a significant breakthrough in livestock production with the submission of eight new pasture varieties for registration, release, and certification. It is reported that the development marks a major milestone in the…

Read More