The Federal Ministry of Livestock Development is driving a transformative agenda to boost Nigeria’s livestock sector, leveraging strategic partnerships and innovative programs to enhance production and economic growth. During a courtesy visit by delegations from NIRSAL Plc, Dabareji Farms, and other stakeholders, Minister Idi Mukhtar Maiha outlined the ministry’s vision to strengthen the livestock value […]
Over 21 cooperative societies of farmers and artisans in Osun State have received a financial boost of over ₦120 million, courtesy of the Agboluaje Kajola Foundation. The foundation, supported by a group of philanthropists, also commissioned solar-powered streetlights worth ₦100 million at Igbona Market in Osogbo, Ilare Ijesa, and Ilesa towns. Additionally, newly built lockup […]
Nigeria has a significant opportunity to tap into the booming global demand for seafood, including shrimps, crabs, and prawns, which has seen steady growth in recent years. According to a 2024 report by the Food and Agriculture Organisation (FAO), global seafood consumption reached 162.5 million tonnes in 2021, with per capita consumption rising to 20.7 […]
The National Tomato Growers, Processors, and Marketers Association of Nigeria (NATPAN) has called on the Federal Government to intervene in reducing post-harvest losses in the tomato sector. Rabiu Zuntu, Chairman of NATPAN’s Kaduna State chapter, made this appeal on Tuesday in Lagos, emphasizing the critical need for government support to address challenges faced by smallholder […]
Presco Plc, Nigeria’s leading palm oil producer, is set to raise ₦100 billion in the first tranche of its ₦150 billion bond issuance programme. This marks the largest corporate bond issuance in Nigeria’s palm oil sector, with a seven-year tenure and a competitive yield range of 23.25% to 23.75%. The company, rated Aa by Agusto […]
Stakeholders in Nigeria’s cocoa production sector are calling on the Federal Government to enhance support for the industry by transforming the National Cocoa Management Committee (NCMC) into a full-fledged board. They also seek funding for the National Task Force on European Union Deforestation Regulation (EUDR) and subsidized agricultural inputs for farmers to boost cocoa productivity […]
The Onion Producers, Processors, and Marketers Association of Nigeria (OPMAN) has attributed the sharp rise in onion prices to flooding, climate change, and poor seed quality. According to the Association’s national president, Aliyu Isah, these challenges have significantly reduced production, causing scarcity and price hikes. From the fourth quarter of 2024, onion prices skyrocketed, with […]
The Director-General of the Lagos Chamber of Commerce and Industry (LCCI), Chinyere Almona, has praised the federal government’s establishment of the National Credit Guarantee Company (NCGC), calling it a crucial move to improve credit access for women, youth, and small-scale enterprises. In her New Year address, Almona highlighted the potential of an effectively implemented credit […]
Civil Society Organisations (CSOs) and stakeholders in food safety have reaffirmed their commitment to adopting scientific methods for pesticide regulation to ensure Nigerians consume safe and healthy food. Speaking at a media briefing in Abuja, Prof. Simon Irtwange, an expert in Agricultural Processing and Storage at the Federal University of Agriculture, Makurdi, emphasized that their […]
The World Bank has disbursed ₦492 million to 41 women’s groups in Niger State to boost rice processing activities, marking a significant step toward women’s economic empowerment. Each group received ₦12 million under the Nigeria for Women Project (NFWP), with the program’s state coordinator, Sarki Bello, overseeing the allocations. Imaan Sulaiman-Ibrahim, Minister of Women Affairs, […]
