National Cashew Association of Nigeria, NCAN, has warned that unless something urgent was done to address the leadership crisis rocking the association, the Federal Government’s $7 billion cashew export target annually would be derailed. Addressing newsmen in Abuja, Vice President of NCAN, East Zone, comprising cashew-producing states in the South-East and South-South states, Mr. Chuks […]
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With a combined capacity of 720,000 metric tonnes of poultry feed annually, Olam’s facilities will directly address a significant supply gap for poultry meat in Nigeria, giving farmers and distributors access to high quality feed and day old chicks (DOC) at competitive prices. In addition, Olam’s team of field veterinarians will train up to 10,000 […]
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Nigeria should see a bumper cocoa harvest in the coming season as late rains have helped boost pod production, the head of the cocoa association said on Thursday. Sayina Riman, president of the Cocoa Association of Nigeria (CAN), expects output for the new season which starts in October to hit between 300,000 tonnes and 320,000 […]
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Nigeria’s Minister of Agriculture and Rural Development, Chief Audu Ogbeh, has donated a portable motorised milking machine to FrieslandCampina WAMCO, while praising the company as the biggest investor in Nigeria’s dairy sector. The machine has a capacity to milk 50 cows a day. Ogbeh made the symbolic donation while declaring open the National Livestock Conference […]
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The power of entrepreneurship and free market economy is driving Africa’s economic growth from food production, as businesses waking up to opportunities of a rapidly growing food market in Africa that may be worth more than $1 trillion each year by 2030 to substitute imports with high value food made in Africa. This was the […]
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Nigeria’s manufacturers have embarked on projects that will reduce the cost of tomato import, Manufacturers Association of Nigeria (MAN) president, Dr. Frank Udemba Jacobs, has said. In an interview with The Nation, he said Nigeria currently spends ₦6 billion on importation of tomato, adding that the country is currently not producing up to its capacity […]
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President of African Development Bank (AfDB), says the bank and World Bank have set aside $800 million for the provision of agriculture technologies to farmers in Africa. Dr. Akinwumi Adesina made this known at the ongoing 2017 African Green Revolution Forum (AGRF) on Wednesday in Abidjan. According to him, the financial support will come under […]
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The Central Bank of Nigeria (CBN) said that over ₦1.2 billion has so far been spent on aquaculture in Delta State through its Anchor Borrowers Programme (ABP). Asaba branch comptroller of CBN, Mrs. Elizabeth Agu, dropped the hint at the official flag-off of harvest cum sales of fish of the Mega Fish Farmers Cooperative Union […]
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The Kano State Government has set up a nine-man committee to recover over ₦900 million given as loans to rice farmers under the Anchor Borrower Programme of the Central Bank of Nigeria (CBN). Prof. Mahmoud Daneji, the Managing Director of the state Agricultural and Rural Development Authority (KNARDA), disclosed this in an interview with newsmen […]
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President Muhammadu Buhari has lamented low ranking of the nation’s cocoa production among cocoa producing countries in the world. Buhari expressed his displeasure at the opening ceremony of the first International Cocoa Summit 2017 in Abuja on Monday. The President, who was represented by the Minister of Agriculture and Rural Development, Chief Audu Ogbeh, said […]
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The President, Dangote Group, Alhaji Aliko Dangote, on Monday disclosed that the company would invest $450m in agriculture development in Niger State over the next three years Dangote, who made this known during the 2017 Niger State Investment Summit in Minna, said the funds would be used in establishing a large scale rice processing mill […]
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Nigeria and Morocco have set up a steering committee to develop a sustainable crop insurance scheme for the country. According to a statement, the committee comprises representatives of the Nigerian Agricultural Insurance Corporation, Bank of Agriculture, the Moroccan Agricultural Insurance Company, MAMDA and MAMDA RE. During the inauguration of the committee in Abuja, the Managing […]
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