One of Nigeria’s oldest cocoa processing companies, FTN Cocoa Processors Plc incorporated appears headed for bankruptcy, as its liability is said to have exceeded its assets. The company, which was established in 1991 as Fantastic Abiola Nigeria Limited, but was later re-christened Fantastic Traders Nigeria Limited on August 26, 1998. The company’s core activities are…
On the eve of the planned protest against hardship in Nigeria, the governor of Osun State, Senator Ademola Adeleke decided to embark on another phase of distribution of food items to the needy in the state. His administration decided to commence the distribution of the food palliative starting from today, Tuesday. The food palliative include…
The Ogun State Government has announced plans to register an additional 100,000 farmers under the Ogun State Farmer Information Management System (OGFIMS). That brings the total number of registered farmers to 160,000. Commissioner for Agriculture, Hon. Bolu Owotomo made this known during the OGFIMS workshop on Farmers and Value Chain Actors’ registration exercise at the…
As the world marks International Mangrove Day, the Hydrocarbon Pollution Remediation Project (HYPREP) has emphasised the need for continued commitment from stakeholders to ensure the long-term health and resilience of mangrove ecosystems in Ogoniland and the Niger Delta. HYPREP Project Coordinator Prof. Nenibarini Zabbey outlined essential strategies for effective mangrove conservation, saying, Promoting sustainable practices…
The Food and Agriculture Organization of the United Nations (FAO) says the number of humans suffering from hunger globally rose to 733m in 2023. The UN agency also noted that anaemia, a health challenge related to not having enough healthy red blood cells to carry oxygen to the body tissues, has significantly increased in women…
The President Poultry Association of Nigeria (PAN), Chief Sunday Ezeobiora has expressed concerns over the detrimental impact of the record-high prices of maize and soybeans on the Nigerian poultry industry. He said the consequences of the high cost include a significant job losses. He said this was because two crucial ingredients in the formulation of…
A socio-political group that agitates for the development of the middle belts of Nigeria, the Middle Belt Forum (MBF) has urged President Bola Tinubu to reverse the decision to establish the Ministry of livestock Development. In a statement signed by its National President, Dr Bitrus Porgu, President Tinubu was urged to immediately disband the Presidential…
A group, Catalysing Strengthened Policy Action for Healthy Diets and Resilience (CASCADE) Nigeria is set to support 7,500 Women smallholder farmers. CASCADE will be giving the farmers orange flesh potatoes vine, while 3,500 others will get vegetable seeds across four implementing states of Bauchi, Jigawa, Kebbi and Nasarawa. The aim is to increase access to…
The Enugu State Government has announced December this year as the deadline for mineral title holders to commence coal mining operations in the state. The government announced this at the end of a meeting between the state’s Mineral Resources and Environmental Management Committee led by its Chairperson, Samuel Okoro, and mineral title holders in the…
The Federal Government through the Minister of Information and National Orientation, Mohammed Idris, on Monday announced the immediate distribution of an additional 10 trucks of 50kg rice to each state to be sold at designated centres at N40,000. This was resolved at the just concluded Federal Executive Council, (FEC) meeting, an effort the federal government…
