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.
Olam promises to bridge local rice production
Olam management has re-instated its commitments to helping Nigeria advance its journey to self sufficiency in rice production by bridging the gap in local production and importation. This is coming on the heels of the company call for caution in the handling of excessive import duties and levies on rice as it might lead to smuggling of cheaper rice from neighbouring countries which will be counter productive to the protection of domestic rice producers and local rice investors.
GES Scheme: Agro-allied contractors cry out over unpaid N52bn
Fertilizer suppliers who participated under the Federal ministry of Agriculture’s Growth Enhancement Support Scheme (GESS) are appealing to the government to redeem the N52 billion (Fifty Two Billion Naira) being the subsidy portion they are being owed by both the Federal and State Governments. The Growth Enhancement Support Scheme (GESS) is a Federal government initiative to actualise the Agricultural Transformation Agenda (ATA). It is also aimed at subsidising the costs of major agricultural inputs, such as fertiliser and seedlings for farmers.
GES Scheme: Agro-allied contractors cry out over unpaid N52bn
Fertilizer suppliers who participated under the Federal ministry of Agriculture’s Growth Enhancement Support Scheme (GESS) are appealing to the government to redeem the N52 billion (Fifty Two Billion Naira) being the subsidy portion they are being owed by both the Federal and State Governments. The Growth Enhancement Support Scheme (GESS) is a Federal government initiative to actualise the Agricultural Transformation Agenda (ATA). It is also aimed at subsidising the costs of major agricultural inputs, such as fertiliser and seedlings for farmers.
Olam promises to bridge local rice production
Olam management has re-instated its commitments to helping Nigeria advance its journey to self sufficiency in rice production by bridging the gap in local production and importation. This is coming on the heels of the company call for caution in the handling of excessive import duties and levies on rice as it might lead to smuggling of cheaper rice from neighbouring countries which will be counter productive to the protection of domestic rice producers and local rice investors.
Poland to partner Nigeria on fish production
ABUJA-THE government Poland has concluded plans to partner with Nigeria in fish production in order to achieve self sufficiency in producing the commodity. This was disclosed by the Deputy Minister of Economy of Poland, Andrzej Dycha, during a courtesy visit to the Minister of Agriculture and Rural Development, Dr. Akinwumi Adesina in Abuja.
