Nigeria will benefit from AfCFTA despite proposed forex ban – CBN Governor
The Central Bank of Nigeria (CBN) has stated that the proposed foreign exchange ban on food imports in Nigeria, will not affect the country’s potential benefit from the recently signed African Continental Free Trade Agreement (AfCFTA). This was disclosed by the Governor of the apex bank, Mr. Gowdin Emefiele while speaking with State House correspondents,
Read MoreNanono takes charge at Nigeria’s agriculture ministry
Nigeria’s new Minister of Agriculture and Rural Development, Sabo Nanono, assumed duty a few hours after his inauguration. At the ministry, where he addressed reporters on Wednesday, he said hunger in Nigeria “cannot be compared to what obtains in other countries”. He said efforts should be made by the Nigerian government to assist other countries
Read MoreAATF urges Nigeria to cut down on Cowpea importation
The Regional Head of the African Agricultural Technology Foundation (AATF), Dr. Issoufou Abdourhamane has urged the Nigerian government to cut down on the importation of cowpea, in order to save billions of naira. Dr. Abdourhamane who made this charge in Abuja, said, “Nigeria is the biggest importer and producer of cowpea in Africa and the
Read MoreMushroom Farmers Request 30% Content In Products
THE National Mushroom Growers, Processors and Marketers Association of Nigeria (NAM-GP-MAN) has requested for a 30 per cent mushroom content in confectioneries produced in the country, in order to generate income and employment as well as to improve the economy. President of the association, Chief Michael Awunor, made the request at the inauguration of the
Read MoreNestlé, IITA Engage Youth Agripreneurs On Access To Opportunities
Nestlé Nigeria through its initiative, Nestle Needs Youth, in partnership with International Institute of Tropical Agriculture, (IITA) Youth Agripreneurs, celebrated the 2019 International Youth Day at the IITA Conference Centre in Ibadan, Nigeria. In line with the 2019 theme “Transforming Education”, the event hosted over 90 National Youth Service Corpers, aspiring Agripreneurs and budding farmers
Read MoreOgun fish farmers lose N300m to flooding
Over N300m worth of fish, owned by famers at Erinwe Village in Ogun State have been washed away by flood. The Ijebu Development Initiative on Poverty Reduction owns the fish farm. Those washed away included matured ones. The affected farmers, under the aegis of Catfish and Allied Farmers Association of Nigeria explained that the heavy downpour
Read MoreUnlocking potentials of hibiscus flower, export
For Nigeria to do well in global hibiscus flower market, there is need to focus more on cultivation and processing, to fully harness potentials of the crop and boost the country’s forex earnings. Despite being a profitable, hibiscus has not received adequate attention of growers and investors. Despite its many uses and potentials, many do not
Read MoreSeeds council unfolds agenda for food security, poverty eradication by 2024
Using the instrumentalities of its new act recently signed by the Federal Government, the National Agricultural Seeds Council (NASC) has disclosed its preparedness to become the largest seed hub in sub-Saharan Africa to ensure the availability of quality planting materials for farmers. Improved seeds and seedlings, it said, would ensure the productivity of farmers, the
Read MoreHow to sell farm products in Nigerian cities profitably
The urban population growth rate in Nigeria is described as alarming, but it presents opportunities for young entrepreneurs in food supply chains. Statistics from Lagos State indicates that about 85 new persons relocate to Lagos daily, implying that about 31,025 people settle permanently in the city yearly. As it is in Lagos, so it is
Read MoreSAPZs: Ogun State to partner with AfDB and international investors
Ogun State Government has expressed its readiness to ensure a friendly environment for private agribusinesses to thrive in the state, in a bid to improve the state’s agricultural sector and create jobs for its citizens. Governor of Ogun State, Dapo Abiodun, while addressing private investors and delegates from the African Development Bank (AfDB), in a
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