Archives Tag: Agriculture

Agriculture BUSINESS Discover Nigeria ECONOMY News

Discover Nigeria: Cashew Nuts Season Opens Today

April 19, 2022

There are few dreams bigger than becoming instantaneously wealthy, and for some Nigerians that dream may be realisable as the Nigerian Raw Cashew Nut (RCN) season opens today February 10, 2014. Yes, Nigerian raw cashew nuts are in high demand particularly in Asia and most sellers will begin to enter into contracts with their foreign … Continue reading Discover Nigeria: Cashew Nuts Season Opens Today

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Agriculture ECONOMY News

N53 Bn Loan to Farmers in 2013 Fruitful – BoI

April 19, 2022

As part of its mandate to boost the agricultural sector in Nigeria, the Bank of Industry (BoI) has disbursed 53 billion naira as loans to the agribusiness value chain in 2012. Mr. Mohammed Dikwa, chairman of the shareholders committee of the Bank of Industry, made the disclosure during the bank’s annual general meeting held in … Continue reading N53 Bn Loan to Farmers in 2013 Fruitful – BoI

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Agriculture ECONOMY International News Science & Technology

Africa Key to Global Food Crisis – Akinwunmi Adesina, Nigeria’s Minister for Agriculture

April 19, 2022

Nigeria’s Minister of Agriculture, Akinwunmi Adesina, has stated that the solution to the global food problem lies in Africa. The minister made this pronouncement during a meeting at the World Economic Forum, Davos, Switzerland. Adesina, in a chat with Channels TV, stressed the importance of food security globally and the availability of arable land on the … Continue reading Africa Key to Global Food Crisis – Akinwunmi Adesina, Nigeria’s Minister for Agriculture

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Agriculture BUSINESS ECONOMY

Agribusiness Set to Boom in Africa – DHL

April 19, 2022

It is no secret that Africa is on the rise and increasingly offering lucrative opportunities to local businesses due to the continent’s steady economic growth, increased disposable income and high consumer confidence. Charles Brewer, Managing Director of DHL Express Sub-Saharan Africa, says that one particular sector which has seen significant growth in Africa is agribusiness, … Continue reading Agribusiness Set to Boom in Africa – DHL

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Agriculture BUSINESS ECONOMY News

Reforming Policies and Regulations to Unleash Agribusiness Potential in Africa

April 19, 2022

The Alliance for a Green Revolution in Africa (AGRA) has announced a five-year project that seeks to increase incomes of smallholder farmers through the creation of an enabling policy environment in Africa.  The initiative –Micro Reforms for African Agribusiness (MIRA) – will identify, prioritize and reform specific agricultural policies and regulations that currently deter or limit … Continue reading Reforming Policies and Regulations to Unleash Agribusiness Potential in Africa

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Agriculture BUSINESS ECONOMY News

Adesina, Nigeria’s Agriculture Minister, Named Forbes African Person of the Year

April 19, 2022

Nigeria’s Minister of Agriculture, Dr. Akinwumi Adesina, has been named Forbes African Person of the Year. Adesina was bestowed with the prestigious award for his leadership and remarkable reforms in the country’s agricultural sector. Adesina beat billionaire businessman Aliko Dangote; Chairman of Zenith Bank Group, Jim Ovia; founder of Global Telecoms group, Strive Masiyiwa, and … Continue reading Adesina, Nigeria’s Agriculture Minister, Named Forbes African Person of the Year

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Agriculture BUSINESS ECONOMY News

Micro and Small Scale Food Processing Will Spur Economic Growth – Expert

April 19, 2022

The importance of micro and small scale food processing and agriculture was emphasised recently at the Omolayole Annual Management Lecture Series held in honour of Dr. Michael Omolayole, former chairman and managing director, Lever Brothers Nigeria Plc. The event, which was themed “Agricultural Innovation and Contemporary Investment Opportunities”, was aimed towards sensitizing the government and … Continue reading Micro and Small Scale Food Processing Will Spur Economic Growth – Expert

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Agriculture ECONOMY News

How Nigeria Averted Food Crisis – Minister of Agriculture

April 19, 2022

By Michael Abimboye Nigeria’s Minister of Agriculture, Akinwumi Adesina, has revealed that despite the heavy flood that affected farmlands in some parts of the country a year ago, the country has avoided a food crisis and has opened new opportunities to Nigerian farmers. The minister’s disclosure also noted that over 267,000 ha of rice land … Continue reading How Nigeria Averted Food Crisis – Minister of Agriculture

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Agriculture News

AfDB Approves $153M Financing for Nigeria’s Agricultural Transformation Agenda

April 19, 2022

The Board of Directors of the African Development Bank has approved an ADF loan of $ 152.12 million and an ADF grant of $ 0.38 million to finance Nigeria’s Agricultural Transformation Agenda Support Program Phase 1 (ATASP-1), AfDB has announced. The African Development Fund (ADF) is the soft loan arm of the African Development Bank … Continue reading AfDB Approves $153M Financing for Nigeria’s Agricultural Transformation Agenda

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Agriculture ECONOMY News

Lagos Poultry Revenue Hits N44.88 Billion – Commissioner

April 19, 2022

The Lagos Commissioner for Agriculture and Cooperatives, Prince Gbolahan Lawal, at a press conference with the Poultry Association of Nigeria, announced that the Lagos poultry industry generates about N44.9billion every year. He said the industry produces 48 million crates of table eggs per annum, 14 million kilograms of broiler meat, two million cockerels, one million … Continue reading Lagos Poultry Revenue Hits N44.88 Billion – Commissioner

By sheyi

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Agriculture BUSINESS ECONOMY Food News

Nigeria’s Agricultural Sector Gets Boost from Local Investors – Minister

April 19, 2022

Nigeria’s Minister of Agriculture and Rural Development, Dr Akinwumi Adesina, has said that local investors are investing more into Nigeria’s Agricultural Sector, under the Agricultural Transformation Agenda. He made this known while speaking at the Agribusiness Forum 2013 in Brussels, which was organised by the European Marketing Research Centre (EMRC). He said, “Our billionaires used … Continue reading Nigeria’s Agricultural Sector Gets Boost from Local Investors – Minister

By sheyi

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Agriculture ECONOMY News

FG to disburse N15Bn Agriculture Loan

April 19, 2022

Vice President Namadi Sambo has disclosed that the Federal Government has approved N15 billion as grant through the Bank of Agriculture (BOA) for farmers at single digit interest rate for the 2013 farming season. He made this known on Thursday during the 19th edition of the National Economic Summit, organised by the Nigerian Economic Summit … Continue reading FG to disburse N15Bn Agriculture Loan

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Agriculture News

Nigeria Gets N139 Bn from World Bank to Boost Agriculture – Minister

April 19, 2022

Nigeria has received ₦139.5 billion from the World Bank in the last two years to boost agricultural development, Agriculture Minister, Akinwumi Adesina, said at the concluded All Nigerian Editors’ Conference in Asaba. He said, “Nearly N62 billion of the amount was specifically pumped into irrigation development. The African Development Bank (ADB) had provided nearly ₦77.5 billion to … Continue reading Nigeria Gets N139 Bn from World Bank to Boost Agriculture – Minister

By sheyi

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Agriculture BUSINESS

Attracting and Retaining Nigerian Youth in Agriculture

April 19, 2022

We cannot talk about attracting Nigerian youth into agriculture without first commending and appreciating our trailblazers and touch bearers, our old or aged farmers. Without them we will not have any agriculture in Nigeria. They have with them knowledge, experience and expertise about weather, seed, character of crops, forest reserve, and soil. Their understanding of … Continue reading Attracting and Retaining Nigerian Youth in Agriculture

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Agriculture News

FG, In 2013, Has Registered 10 Million Farmers, Agriculture Minister Says

April 19, 2022

Dr. Akinwumi Adesina, Nigeria’s Minister for Agriculture and Rural Development, has said that 10 million farmers had been registered in 2013 under the Growth Enhancement Support scheme (GES). He made the statement during a courtesy visit to the Governor of Katsina yesterday. He said that the Federal Government was determined to reach all registered farmers … Continue reading FG, In 2013, Has Registered 10 Million Farmers, Agriculture Minister Says

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