Agriculture

Dangote, GrowAfrica, Nigeria Agribusiness Group to boost private sector in agriculture

Dangote Group and two leading African agricultural organisations — GrowAfrica and Nigeria Agribusiness Group — have signed a Memorandum of Understanding (MoU) in a bid to boost private sector’s investment in agriculture. The MoU was signed during the GlowAfrica and NABG Private Sector Consultative Meeting held in Lekki, Lagos. Mr Sani Dangote, the Vice-President of […]

Read More

BoA targets 15m farmers for Anchor Borrowers’ scheme

The Bank of Agriculture (BoA) says it is targeting about 15 million smallholder rice farmers in the next two years, the bank’s Managing Director, Kabir Adamu, has said. Speaking while playing host to the Director General of National Orientation Agency (NOA), Dr. Garba Abari, during a working visit to BoA headquarters in Abuja, Adamu disclosed […]

Read More

Ethiopian Airlines to begin Ethiopia-Kaduna flight services, Aug.1

Ethiopian Airlines is to commence scheduled flight services thrice a week to Kaduna in North Western Nigeria from August 1. The airline made the announcement in a statement signed by its Group Chief Executive Officer, Mr. Tewolde GebreMariam, in Lagos on Thursday. GebreMariam said the airline would operate the flights on Tuesdays, Fridays and Sundays. […]

Read More

Agricultural Export: Audu Ogbeh declare oil, gas era gone

The Federal Government has explained that with its agricultural export programme, the era of oil and gas is gone. The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, who stated this in an interview with journalists on Thursday night in Abuja, said Nigeria needed dollars from agricultural exports to repay its loans. He stated […]

Read More

Rice farmers wants agricultural infrastructure readily available

The Chairman of Abakaliki Rice, Ebonyi State, Joseph Nnunu, has charged the Federal government to make agricultural infrastructure readily available and accessible to farmers. Nnunu said this would enhance the Federal Government’s quest to boost food supply and provide more competitive source of incomes for Nigerians. According to him, some of the major challenges stakeholders […]

Read More

PYXERA, YieldWise to equip 20,000 tomato farmers against post-harvest losses

PYXERA, the implementing partner of YieldWise in Nigeria, is working with 20,000 farmers in Kano State to equip tomato farmers with skills in post-harvest loss (PHL) management in the tomato value chain. Despite offering simple PHL technologies, farmers have also been linked to the Dangote Processing Factory where they can sell their harvest for processing […]

Read More

Agricultural finance fund closes at $65.9m

In Abuja yesterday, Federal Government disclosed that the Fund for Agricultural Finance in Nigeria, which was initiated by the Federal Ministry of Agriculture and Rural Development, was successfully closed at $65.9m. It said the fund would provide financial, capacity building and technical assistance to selected Small and Medium Enterprises in the agribusiness sector, adding that […]

Read More
African Development Bank (AfDB) Headquarters Source: Reuters

Agripreneurs: AfDB, IITA, others educate young entrepreneurs on agribusiness

African Development Bank (AfDB) in collaboration with International Institute of Tropical Agriculture (IITA), Technical Centre for Agricultural and Rural Cooperation (CTA), Africa Agribusiness Incubation Network (AAIN), and Africa 2.0, recently hosted youth from all over Africa for the first-ever African Youth Agripreneurs (AYA) Forum in Ibadan. Africa 2.0 is a Pan-African Civil Society Organisation made […]

Read More
world news, trump, u.s., business news, stock market, entertainment news, business news, company news, market, commodities, commodity, Africa news

Nigeria set to export certified yams to UK and US

Nigeria is set to export its first consignment of certified yams to the United Kingdom and United States this month, the Minister Agriculture and Rural Development, Chief Audu Ogbeh, has said. This will mark a milestone in efforts to bring Nigeria back into reckoning in the agricultural export market. The minister said export of the […]

Read More

Nigeria spends ₦5.8 billion on maize importation

Between April and May this year, Nigeria spent N5.8 billion ($15.2million) on the importation of maize. This is the market value of the three vessels that berthed at Rivers and Lagos ports with 70,000 metric tonnes of maize. At current global market of maize that has reached $217 per metric ton, this translates to $15.2million. […]

Read More

Agric GDP to hit ₦21trn by 2020, annual growth of 6.92 per cent expected

China has reiterated its resolve to partner Nigeria in the implementation of the Economic Recovery Growth Plan (ERGP), especially in the area of agricultural development, saying that it has the capacity to grow the country’s agriculture Gross Domestic Product (GDP) from ₦16 trillion in 2015 to ₦21 trillion in 2020. The revelation made during a […]

Read More

Dangote shuts factory after pests destroy tomato crop

Thousands of farmers in north contracted to grow tomatoes for a set price are shunning the crop this season after pests destroyed much of last year’s produce, leaving the processing factory set up by Aliko Dangote, Africa’s richest man, short of raw materials, Bloomberg reports. Established to process 1,200 metric tons of tomatoes each day […]

Read More