FG Inaugurates NALDA Farm Estate in Katsina
The Federal Government through the Central Bank of Nigeria (CBN) in collaboration with the National Agriculture Land Development Authority (NALDA) is set to develop integrated farms and provide finance for farmers across the country. This was disclosed recently by the Governor of CBN, Godwin Emefiele, at the inauguration of the first NALDA integrated Farm Estate
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Lagos to Raise $2bn to Revolutionise Agriculture, Food Security
The Lagos State Government in partnership with Lagos Commodities and Futures Exchange (LCFE) is set to raise $2 billion by floating Agricultural Commodities Notes. The partnership, according to the state government, is set in motion to revolutionise agriculture, enhance food production and ascertain food security. To adequately prepare for the initiative, top officials of the
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Lagos State to Empower 300 Youths in Agribusiness
The Lagos State Government has revealed plans to empower 300 youths via its Lagos Agripreneurship Programme (LAP) and Agricultural Youth Empowerment Scheme (Agric-YES). The selected youths will be supported through the 2021 Agricultural Value Chains Empowerment Programme holding on July 29, the state government said. Lagos State Commissioner for Agriculture, Ms. Abisola Olusanya, made this
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Biotech: NBMA Established to Ensure Safety, Regulation of GMOs – DG
The National Biosafety Management Agency (NBMA) has debunked claims that it was established to stop Genetically Modified Organisms (GMOs) and the development of modern biotechnology. According to the agency, it was instituted to ensure that Nigerians and the environment are safe from any adverse impact that GMOs may have on human health and the environment.
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NEWMAP: Ekiti Advocates Environmental Protection for Agribusinesses
The Executive Governor of Ekiti State, Dr Kayode Fayemi has flagged off the distribution of equipment to farmers under the Nigeria Erosion and Watershed Management Project (NEWMAP) to promote agribusinesses. According to the governor, the state is committed to protecting the environment and forest resources for a conducive and attractive agricultural practice. In his address,
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Fisheries subsidies harmful to Nigeria, Africa, experts declare
Dr. Rashid Sumaila, director of the Fisheries Economics Research Unit, University of British Columbia, a guest speaker at a webinar aimed at creating awareness on negative impact of fish subsidies in Africa by Earth Journalist Network (EJN), said: “In Africa we depends on nature, no matter how you look at it. When there is no
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ACA President commends Nigerian cashew farmers for quality nuts
Babatola Faseru, president of the African Cashew Alliance (ACA), has commended cashew farmers in the country for their efforts in improving the quality of Nigeria’s cashew nuts. According to him, the quality of cashew nuts in Nigeria and Africa generally has seen a great improvement this year, attributing it to the good work by the
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Tapping opportunities in cucumber, watermelon production
In spite of the present challenges in the Nigerian economy, opportunities still abound locally in key sectors such as agriculture and manufacturing. Cucumber and watermelon production in Nigeria are one of those opportunities that still need to be explored. Nigeria has a comparative advantage in the production of vegetables with huge demand locally and internationally.
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IFAD Loans Agric Firm $5 Million to Support Rice, Maize Farmers
The United Nations International Fund for Agricultural Development (IFAD) via the newly launched Private Sector Financing Programme (PSFP) is set to boost rural businesses and smallholder farmers after it loaned Agric Firm, Babban Gona, $5 million. The PSFP is focused on increasing private investment in small and medium-sized enterprises (SMEs), farmer organizations and financial intermediaries
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Lagos Set to Boost Coconut Value Chain to N350 Billion Yearly
The Lagos State Government has indicated interest in partnering with the private sector to boost the worth of the coconut value chain from the present N76 billion to N350 billion yearly. The state government said that 10 million coconut trees would be planted to ensure a sustainable supply of raw materials to industries as part
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