FG targets $500m import savings with new palm oil estates
The Federal Government has unveiled a coordinated plan to revive Nigeria’s palm oil industry, aiming to cut import bills by up to $500 million annually through a public-private investment model built on large-scale estates and downstream processing.
FACAN alleges border closure, reopening indict Customs
Says reopening of borders’ll affect members on agric value chains By Gabriel Ewepu – Abuja The Federation of Agricultural Commodities Association of Nigeria, FACAN, Tuesday, alleged that border closure and reopening indict the Nigeria Customs Service. This was stated by the President, FACAN, Dr Victor Iyama, in a telephone chat with Vanguard, while speaking on […]
Farmers can grow rice all year round in Lagos, says RIFAN Dep President
Mr Segun Atho, Deputy National President, Rice Farmers Association of Nigeria (RIFAN), says rice farmers in Lagos can grow the crop all year round to meet demand. Atho told the News Agency of Nigeria (NAN) in Lagos that the state had the capacity to feed itself in the area of rice production, if fully harnessed, […]
Price of onions drops in Enugu
The price of onions has dropped considerably in major markets in Enugu, the News Agency of Nigeria (NAN) reports. A market survey conducted on Monday showed that a bag of onions now sells for between N58, 000 and N65, 000 as against N70,000 and N80,500 some months back. Mr Joe Ilora, an onions trader at […]
Border Reopening: Rice millers propose stringent measures to curb illicit businesses
By Gabriel Ewepu – Abuja As Federal Government announces the reopening of some land borders, rice millers under the auspices of Rice Millers Association of Nigeria, RIMAN, Sunday, proposed stringent measures to curb illicit businesses carried by criminal-minded persons undermining the prohibition of some items by the government. This was made known by the National […]
There’ll be scarcity of maize in 2021, Oke-Ogun farmers cry out
Appeal to Buhari, Makinde, CBN to support against Maize scarcity By Adeola Badru Farmers in Oke-Ogun area of Oyo State, have cried out over their loss in the year 2020 planting season as a result of failed flood forecast and lack of government input, which they claimed, might cause maize scarcity in 2021. The Association […]
Agric expert says food crisis looms in 2021 only if…
Encourages youths to embrace agriculture By Adeola Badru The founder of FarmKonnect Ltd, a foremost multi-dimensional agric firm in Nigeria, Mr. Oluwole Azeez, has warned that 2021 might pose a serious threat to food production in Nigeria as a result of COVID-19 which has adversely affected farmers. He, however, proffered that the only way to […]
Local Rice: Hoarders sabotaging price affordability — stakeholders
By Jimoh Babatunde & Gabriel Ewepu John Osagie, a driver with a blue chip company in Lagos, was in a jubilative mood when he learnt that President Muhammed Buhari has approved the immediate reopening of four of the nation’s major land borders. His joy is based on the fact that the price of rice will […]
Agribusiness: 100 C’River youths receive 5 rabbits each from NALDA
By Gabriel Ewepu – Abuja As part of youth empowerment with agribusiness by the Federal Government, 100 Cross River youths have received five rabbits each from the National Agricultural Land Development Agency, NALDA. This was part of activities of NALDA when it officially commenced the rabbit farming value chain in Ogoja, Cross River State by […]
China to import record 100m tonnes of soybeans in 2020 ― COFCO
China is expected to import more than 100 million tonnes of soybeans in 2020, a record high, said an executive with leading state-owned grains trader COFCO on Tuesday. This is as the rebuilding of the country’s huge hog herd boosts demand for the protein. The country is expected to crush 92.6 million tonnes of the […]
Agribusiness: Farmers insured’ll receive payment of claims — NAIC
Sensitizes farmers across states By Gabriel Ewepu – Abuja As losses and risks continue to bedevil the agricultural sector, the Nigerian Agricultural Insurance Corporation, NAIC, Monday, assured that farmers insured will receive payment of claims. This was stated by the Deputy General Manager, Technical, NAIC, Bashir Martins while answering questions from journalists at a one […]
