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Agribusiness

Nigerian government gives farmers 50% discount on equipment purchase 

The Minister of State for Agriculture and Rural Development, Mustapha Baba Shehuri has reassured farmers of Federal Government’s resolve to support and also make farming equipment accessible to them in other to achieve food sufficiency and economic growth in Nigeria. The Minister gave this assurance when he visited the Livestock …

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How we turned N1.5m investment in agric to N2bn in 2 years- NFGCS Coordinator

The National Coordinator Nigeria Farmers Group and Cooperative Society (NFGCS) Mr Retson Tedheke has said they were able to grow a N1.5 million investment in agriculture to N2 billion in two years following the commitment of cooperative members and support from the Federal Government. Tedheke who was a former Niger …

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Assist Africa cut $50bn food import bill, invest in agric- Obasanjo charges DR Congo

Former Nigerian President, Chief Olusegun Obasanjo has called on the Democratic Republic of Congo (DRC) to invest in agriculture and particularly cassava, soybean, cowpea and plantain to help Africa cut down annual food imports that is estimated at $50billion. Obasanjo spoke during the official inauguration of the International Institute of …

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Nigeria can generate N10bn annually from coconut subsector

The National Coconut Producers, Processors and Marketers Association of Nigeria (NACOPPMAN), has said that the country has the potential for generating over N10 Billion annually from farmers and agro- business entrepreneurs through the coconut subsector. President of the Association, Mrs Nma Okoroji who disclosed while speaking with journalists said, the …

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TAAT to add food worth $2.8bn to Africa through deploying technologies 

The Technologies for African Agricultural transformation (TAAT) is targeting to add 120 million metric tons in Africa’s food production, valued at $1.5 billion to $2.8 billion. The TAAT Coordinator at the African Development Bank (AfDB) Jonas Chianu disclosed this during a presentation at the 6th African Association of Agricultural Economists …

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Forex restriction on starch: Processor call for total ban of starch importation

Following the recent forex restriction on importation of starch, ethanol, syrup and other raw materials from cassava by the Central Bank of Nigeria (CBN), a starch processor, Goke Adeyemi have called on the government to completely ban starch importation in order to encourage local processors. Just recently, the CBN Governor, …

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Nigeria to revive moribund textile industry- Agric Minister

Federal Government has reinstated its commitment towards revitalizing the Cotton, Garment and Textile industry aimed to create more employment and also grow the Nigerian economy. The Minister of Agricultural and Rural Development, Alhaji Mohammed Sabo Nanono disclosed this when he received in audience the Nigeria – Vietnam Chambers of Commerce …

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INTERVIEW: We are easing exportation of agricultural commodities – NAQS DG

The Director General of the Nigeria Agricultural Quarantine Service (NAQS), Dr Vincent Isegbe in this interview, speaks on the efforts made by  the Service to ensure smooth process in exporting agricultural produce. He also highlighted the target of the Service in increasing the number of commodities for export. Agro News …

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