In a significant step toward reducing post-harvest losses and curbing exploitative practices in the agricultural sector, the Ekiti state government has established the Ilu Eye Agro Trading and Aggregation Company. The Commissioner for Agriculture and Food Security, Ebenezer Boluwade said the firm will oversee direct buyback of key commodities, including rice paddy, beans, maize, garri,…
The Chief Executive Officer of the Nigerian Economic Summit Group (NESG), Dr. Tayo Aduloju, on Thursday called for the rebasing of the country’s economy to stimulate new growth that is indispensable for crafting evidence-based policies to strengthen sectoral performance. The is as the National Bureau of Statistics (NBS) has said data emanateing from the rebased…
The Food and Agriculture Organization of the United Nations (FAO) has urged the adoption and consumption of healthy diets as a consistent lifestyle habit. The report, released on Thursday, emphasised that eating healthy should not be limited to a New Year’s resolution that is abandoned as the year progresses. It added that the food consumed…
The Governor of Benue State, Hyacinth Alia, has announced plans for the state to return to full farming activities in 2025, despite the prevailing insecurity in the region. This decision was reached after a productive meeting on strategies to enhance agricultural productivity and address food insecurity with Vice President Kashim Shettima. In his address to…
Good things are coming the way of rice farmers in Taraba State. Part of the support the are getting from the government and international agencies include training aimed at taking them away from traditional methods of farming. One of such trainings was held recently by he International Fund for Agricultural Development (IFAD)’s Value Chain Development…
There is a scientific approach to curb artificial inflation, particularly in the food sector. That is what the National Bureau of Statistics (NBS), in collaboration with the Nigerian Economic Summit Group (NESG), have decided to apply in their monthly report beginning from the end of January. They announced that three new indices to track price…
The candy and chocolate giant Hershey Co., according to Bloomberg, has requested approval from the Commodities Futures Trading Commission (CFTC) to purchase over 90,000 metric tons of cocoa. The Pennsylvania-based global confectionery company, in a bid to secure its cocoa supply ahead of a speculated scarcity in 2025, intends to acquire the product through the…
The announcement by Professor Babagana Zulum, Borno State Governor, to subsidise cost of petroleum products in the state will be of greater benefit to farmers. It will particularly bring relief to those of them impacted by insurgency. Professor Zulum had said that he was going to bring down the cost of petrol per litre to…
Governor Bassey Otu has revealed that his administration’s agricultural programmes in Cross River state have started yielding fruits. He re-emphasised food as a compulsory factor for the growth of any society and reiterated his commitment to better feed the people of the state. The governor said agriculture was receiving serious attention in the state, since…
Nigeria’s inability to tap into the livestock market was due to the absence of a robust system to track and monitor livestock movement and health status. This is according to Muritala Alade-Bamgbala the Chief Executive Officer of Protein Trail Technology, a government solution-focused firm with the aim of sanitising Nigeria’s meat value chain. He, therefore…
