A biotechnologist, Prof. Dele Fapohunda, has urged the Federal Government to formulate a mycotoxin policy in the country that will among other things determine and regulate the amount of aflatoxin in food consumption.

The Central Bank of Nigeria (CBN) and the International Finance Corporation (IFC), a member of the World Bank Group, have said that the current difficulties being faced by Nigeria’s micro, small and medium enterprises (MSMEs) in accessing funds to develop their business will be greatly reduced by the strengthened credit reporting system and the launch of a national collateral registry (NCR) for moveable assets before the end of the year.

A major importer of rice in the country, Pearl Universal Impex , is set to commit one hundred million dollars into the cultivation of 7,500 hectares of rice farm and construction of two rice mills in Niger state.

The Permanent Secretary, Federal Ministry of Agriculture and Rural Development, Arc. Sonny Echono, was in Lagos recently for the inauguration of the Nigerian Agric Business Group. He took time out to talk on the vex issue of rice waiver, the Growth Enhancement Scheme and the efforts of the ministry in creating jobs through youth empowerment as well as what they are doing in terms of agric financing.

One of the biggest problems Presidents and Prime Ministers face, virtually all the time, is who to believe among their Ministers and Advisers – especially those who are recruited from international organisations. President Ibrahim Babangida had nothing less than four Nigerian economists who had worked for the World Bank before coming on board to help midwife the Structural Adjustment Programme, SAP, which was later to give his administration the bad name it has failed to shed till today.