Nigeria accounts for $28.2bn of the Sub-Saharan Africa (SSA) port project pipeline, driven by large-scale projects such as the $12bn Olokola Deep Sea Port in Ondo, a report by BMI, a Fitch Solutions Company has said. The research firm stated this in a report titled ‘Sub-Saharan African Transport Infrastructure Project Pipeline: Roads And Bridges Set…
A Public Policy Analyst, Comrade David Adenekan, has faulted the belief that Nigeria can bridge the wide gap of deficits in food production through subsistence farming. Adenekan in a statement he issued in Abuja, said the authorities should go beyond mere declaration of the state of emergency in food security by addressing the challenges of…
The Minister of Regional Development, Engr. Abubakar Momoh, has warned that Nigeria’s vulnerability to climate change is escalating and posing significant threats to the country’s development and its people. The Minister stated this on the margins of the United Nations Climate Change Conference (COP29) in Baku, Azerbaijan. According to him, the Niger Delta, the region that…
AT RECENT CLIMATE SUMMIT World leaders at the 29th United Nations Climate Summit (COP29) in Baku, Azerbaijan, have reached a new climate finance deal. After about two weeks of intense deliberations and negotiations, wealthy nations have pledged to provide $300bn annually to poorer countries to help them address climate change challenges. The COP29 President, Mukhtar…
The National Bureau of Statistics (NBS) in Abuja said that findings from multi-topic data on household income, assets, health, education, and economic activities have been used to design projects in sectors such as agriculture and food, education, water, social protection and jobs, and governance, valued at $8.9bn. Speaking at the official launch of the 2023/24…
The National Agency for Food and Drug Administration and Control (NAFDAC) has dismantled illegal alcohol packaging centres at Article Market in Abule-Osun, Lagos State. The agency said over 50,000 counterfeit branded labels and packaging materials for fake alcoholic beverages, valued at approximately N2 billion, were confiscated. This was made known via its social media handle…
President Bola Tinubu said Nigerians are increasingly embracing the difficult reforms of his administration despite the hardship they’re facing. Tinubu stated this during a meeting with the International Monetary Fund (IMF) Managing Director, Kristalina Georgieva, at the G20 Leaders’ Summit in Rio de Janeiro, Brazil. According to the president, “We have started seeing positive results…
Ahead of the dry and wet season farming in 2024/2025, the federal government through the Federal Ministry of Agriculture and Food Security (FMAFS) has outlined several initiatives and priorities aimed at enhancing food production in the nation. The Minister of FMAFS, Senator Abubakar Kyari said in a statement signed by the Chief Information Officer of…
Peter Obi, presidential candidate of the Labour Party during the 2023 general election has a panacea to the crisis of hunger in the country. And he has asked the three arms of government to make use of the solution. According to him, the solution to the crisis is an increase in investment in agriculture. In…
Chairman of the House Committee on Livestock, Hon. Wale Raji, has lamented the significant capital flight caused by the country’s reliance on livestock imports due to its inability to meet domestic consumption demands. Speaking at the inaugural meeting of the Committee in Abuja, Raji noted that the annual production in Nigeria’s livestock sector is estimated…
