eTranzact International Plc, a leading financial technology company, has been recognized for its commitment to community development through its Food Connect Initiative. This year, the initiative provided essential food relief packs to over 500 underprivileged women in Lagos State. The distribution event, held at Muri Okunola Park, Victoria Island, aimed to alleviate the economic burdens […]
Amo Farm Sieberer Hatchery Limited’s subsidiary, natnudO Foods, has commissioned a new processing plant in Benin City, Edo State. This initiative is designed to empower local farmers and entrepreneurs, particularly women, to participate actively in the poultry industry and contribute to Nigeria’s food security. In collaboration with Heifer International Nigeria, natnudO Foods has launched the […]
Nigeria’s average cost of a healthy diet has surged to N1,346 per adult per day in September 2024, up from N1,255 in August—a 7.3% increase according to a new report by the National Bureau of Statistics (NBS) and the Global Alliance for Improved Nutrition (GAIN). Analysts and agricultural experts argue that subsidies on fertilizers and […]
The Manufacturers Association of Nigeria (MAN) has flagged high production costs as a serious obstacle to the competitiveness of Nigerian-made goods. Segun Ajayi-Kadir, the Director General of MAN, explained that while Nigerian products are of excellent quality, they struggle to compete with imported goods due to an unfavorable business environment. Speaking, Ajayi-Kadir emphasized that high […]
By: Harriet Ijeomah As we mark World Food Day 2024, the global community is called to action under the theme “Right to Food for a Better Life and a Better Future.” This theme underscores the essential human right to access affordable, sustainable, and nutritious food, which remains out of reach for millions worldwide. For Nigeria, […]
The Anambra State government has announced plans to reactivate existing dams and enhance irrigation farming through a partnership with the Federal Government under the Sustainable Power and Irrigation for Nigeria (SPIN) project. This World Bank-supported initiative, set to begin in 2025, aims to tackle food sufficiency challenges across the nation. During a meeting in Awka, […]
By: Harriet Ijeomah Over the years, Nigeria has witnessed the crippling effects of excessive taxation on its economy, particularly in the agricultural and food sectors. The recent decision by President Bola Tinubu to implement zero percent import duty and exempt Value-Added Tax (VAT) on basic food items marks a significant shift in policy—one that could […]
