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.
AGRA asks FG to consider World Bank report
The Alliance for Green Revolution in Africa, AGRA, has urged the Federal Government to consider a recent World Bank report and create an enabling environment for business to thrive in Nigeria.
Nigeria earns $402m from Cashew in 2017- Faseru
The National President, National Cashew Association of Nigeria, NCAN, Tola Faseru, has disclosed that the production of the commodity has increased from about 90,000 metric tonnes in 2011 to 220,000 metric tonnes at the end of 2017 translating to about $402million.
Commercialize research products to increase IGR-Lokpobiri
THE Minister of State for Agriculture and Rural Development , Senator Heineken Lokpobiri, has charged research institutes in the agricultural sector to commercialise their research products to increase Internally Generated Revenue, IGR, in order to sustain their institutes.
Engage in agriculture, FCT FADAMA coordinator urges youths
Mr Usman Adangara, the Federal Capital Territory (FCT), Fadama Development Project coordinator, has called on the youth to engage in farming so as to support the government’s efforts towards economic development.
Nigeria’s rice sub-sector to attract N250bn investment
FOLLOWING efforts to boost food security by the Federal Government, the nation’s rice sub-sector will attract N250 billion investment based high paddy rice production and increased milling capacity.
