The Federal Government has expressed concern over Nigeria’s poor performance in agricultural exports, lamenting that despite the sector’s huge contribution to the economy, it generates less than $400m annually in foreign exchange earnings. Minister of Agriculture and Food Security, Senator Abubakar Kyari, stated this in Lagos at the First Bank of Nigeria Ltd. 2025 Agric…
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, on Tuesday, inaugurated the rehabilitated phase 2 water treatment plant at the Lower Usuma Dam in Ushafa, Bwari Area Council, valued at about N50bn. Speaking at the ceremony, Wike disclosed that President Bola Tinubu has approved the commencement of additional water projects in satellite towns,…
Analysts at Afrinvest West Africa have projected that Nigeria’s headline inflation will ease further to 21.3 per cent year-on-year in August 2025, supported by foreign exchange (FX) stability, early harvest inflows, and relatively subdued global commodity prices. However, they cautioned that persistent food supply constraints and seasonal factors are likely to sustain upward pressure on…
Senator Ned Nwoko (APC-Delta) has called for the establishment, development and management of ranches across all 774 local government areas and the Federal Capital Territory (FCT) to enhance food security across the country. Nwoko, who represents the Delta North Senatorial District in an interview with the News Agency of Nigeria Abuja, said that his proposal…
The Centre for the Promotion of Private Enterprise (CPPE) has warned that Nigeria’s modest relief in headline and core inflation recorded in July 2025 may be undermined by rising food prices and persistent structural constraints in the economy. According to the July 2025 inflation report released by the National Bureau of Statistics (NBS), headline inflation…
The growing rate of the cultivation of cannabis in Nigeria is becoming alarming. The more the National Drug Law Enforcement Agency (NDLEA) bursts the illegal farms, the more daring the perpetrators get. The chairman of NDLEA, General Buba Marwa (retired) has, therefore, sought the collaboration of the Federal Ministry of Agriculture and Food Security (FMAFS)…
Good times are here for farmers in Nigeria. There is an effort to assuage the negative impact on their business by the current inflationary trend in the country. This is because the Federal Government’s initiative to disburse interest-free loans to smallholder farmers and businesses nationwide is a significant step towards promoting economic growth and development. This…
As part of efforts to improve on the mining sector in Nigeria, the country is about to receive help from the international community on ensuring that there is transparency in the transactions in the sector. To this end, the World Bank has has given an assurance to partner with the Mining Cadastre Office (MCO) to strengthen…
Pa Israel Akinsulure, chairman of Water Works Farmers’ Association, Oke Aro, Ogun State, says that all stakeholders in the management of agriculture must be honest in their activities to enhance official efforts at increasing food production and achieving food security. He spoke with Idowu Michael, our correspondent recently. Q: What are the Challenges you are…
The National Counter Terrorism Centre (NCTC) has launched an agribusiness initiative, Seeds for Hope, to promote economic inclusion, peacebuilding, and resilience in post-conflict areas. The programme targets former combatants and communities affected by conflict in Nigeria, providing beneficiaries with access to farmland, agricultural inputs, technical training, mentorship, and market linkages. Adamu Laka, National Coordinator of…
