The problem of poverty in Nigeria is now further compounded by the current biting inflation. The governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso said this on Tuesday. He said the current inflationary pressure is pushing Nigerians into different categories of poverty. Recall that the National Bureau of Statistics (NBS) in its…
Oyo State government has called for deliberate actions by all stakeholders to end illegal mining, saying the act portends great danger to the environment, human existence and health. The director-general of Oyo State Mineral Development Agency and Chairman of Pacesetter Mineral Development Company (PMDC), Abiodun Oni, made the call during a stakeholders’ meeting aimed at…
The Kano State government is not taking any chances in the effort to increase production of food and other products for the benefit of residents of the state. Towards this goal, the state government has started to distil 22 dormant dams with a purpose to encourage and assist farmers during the dry season. This was…
Ondo State Governor Lucky Aiyedatiwa has approved the sum of N2 billion as an additional intervention fund to enhance food security and cushion the effects of economic challenges for the people of the state. This was disclosed by the state’s commissioner for information and orientation, Otunba Wale Akinlosotu, after a meeting of the State Executive…
The Lagos State Governor, Babajide Sanwo-Olu, is hosting over 200 local and international investors at the Pre-Summit Investors’ Roundtable in anticipation of the third Africa Social Impact Summit (ASIS 3.0). The event, holding on Victoria Island, features investment presentations, a question and answer session, interactive sessions, roundtable discussions and deal rooms for prospective investors ready…
The Federal Competition and Consumer Protection Commission, FCCPC has been carrying out inspection of market places to combat sharp practices believed to have led to or encouraged undue rise in prices of food and other commodities. The Acting Executive Vice Chairman of FCCPC, Dr Adamu Abdullahi stated this while presenting his scorecard in the last…
The Central Bank of Nigeria, CBN, is pointing accusing fingers at the people it called the middlemen who provide financial support to farmers for being responsible for the rising food prices in the country. Mr. Oluyemi Cardoso, governor of CBN said this in Abuja after the meeting of the Monetary Policy Committee, MPC on Tuesday….
The Director General of, the National Agency for Food and Drug Administration Control (NAFDAC), Prof. Mojisola Adeyeye, has debunked her previous remarks on the safety of Genetically Modified Organism (GMO) crops approved by the Federal Government through the National Biosafety Management Agency (NBMA). This was disclosed in a meeting brokered by the Minister of state…
The African Group at the World Trade Organisation on Monday presented a proposal at the WTO General Council to allow the current Director-General to run for a second term. The proposal is for members to consider Dr Ngozi Okonjo Iweala to run for her second term as DG, WTO and for the Chair of the…
Concerned about reports of depleting sources of hydrocarbon, the National Assembly appears to now see the need to increase funds for the growth of agriculture in Nigeria. This, it also believes, will further strengthen efforts at battling food insecurity. That is what the speaker of the House of Representatives, Tajudeen Abbas, announced during the “Second…
