STAKEHOLDERS PROPOSE RADICAL CHANGES IN SOLID MINERALS LAW FOR THE BENEFIT OF HOST COMMUNITIES AND THE ECONOMY
By the time the National Assembly is through with the amendment of the Nigeria Mineral Development Company Ltd (Establishment) Bill 2023, there should be enough window for better benefits for communities where solid minerals are mined in the country. This indication came to the fore Wednesday in Abuja during the public hearing organised by the…
SHETTIMA SAYS GOVERNMENT POISED TO TACKLE MALNUTRITION AND FOOD INSECURTY
Senator Kashim Shettima, Vice President of Nigeria has called for active and proactive participation from all involved, including ministries, departments, agencies, development partners, and other stakeholders to address malnutrition and food insecurity in Nigeria. Shettima, who is also Chairman of the National Council on Nutrition, NCN, made the call while meeting with the council members…
GOVERNMENT TO PRODUCE 500,000 TONNES OF COCOA BY NEXT YEAR
The administration of President Bola Tinubu has said that it is planning to increase cocoa production to 500, 000 tonnes by next year. That pledge was made by Nura Rimi, Permanent Secretary, Federal Ministry of Industry, Trade, and Investments in a message he sent to the Pre-National Trade Dialogue Series Meeting held in Abuja. The…
FOOD INSECURITY: COST OF FOOD WILL CONTINUE TO RISE UNLESS…, EXPERTS WARN GOVERNMENT
No matter the efforts made by farmers the prices of food will continue to rise, except the government takes cognisance of, and address, certain critical issues. This is the opinion of some experts who spoke on the rising cost of food prices and the attendant effects on the people. First, they said that the government…
AGAIN, STATES GET RICE FROM ABUJA AS PALLIATIVES
In a bid to cushion the effects of food insecurity and hardship on Nigerians, President Bola Ahmed Tinubu has distributed 740 truckloads of rice to the 36 states and the Federal Capital Territory (FCT). Mohammed Idris, Minister of Information and National Orientation disclosed this while addressing state House Reporters after the Federal Executive Council meeting…
CONCERNS OVER HIGH COST OF FOOD PRICES IN STATES WITH LESS SECURITY ISSUES
When the Nigeria Bureau of Statistics, NBS. released it’s latest report on inflationary trend, the position of some states raises concerns about the real causes of hike in prices of food items. This is because the factors indicated as major causes of rising cost of food items are not known to be prevalent in some…
AfDB’S BOSS SAYS SUSPENSION OF TARIFFS ON IMPORTED FOOD ITEMS WILL BE COUNTER PRODUCTIVE
It appears that there really are no quick fix to the problem of the economy, nor do the economists or policymakers ever agree on what should be the best approach to battle the challenges of a prostate economy. Recently, the federal government, in a response to incessant complaints on the hardship in the country, decided…
AfDB ANNOUNCES ANOTHER BAILOUT FOR THE TRANSFORMATION OF AGRICULTURE IN AFRICA
Governments and agencies in Africa and at the international level are making concerted efforts to ensure that food insecurity is addressed in Africa and beyond. Part of the efforts is the dedication of the Africa Development Bank, AfDB, to grant financial support to governments and institutions that are involved in the production of food in…
RISING INFLATION DEFIES DESPERATE EFFORTS OF THE TINUBU ADMINISTRATION
The policies of President Bola Tinubu’s administration have minimal effect on the economy. Rather than ease the inflationary trend, headline inflation continues to run causing a surge in the prices of goods and food in particular. The situation now is that Nigeria’s food inflation has reached an all-time high of 40.87 per cent as the…