Agriculture

Africa’s drive to transform its agriculture and become a food basket continues to receive strong global support, with development partners agreeing to commit more than $50 billion to the plan, barely two months after its launch. Development partners have agreed to commit more than 50 billion dollars to Africa’s drive …

Nigeria’s inflation rate rose from 21.34 percent in December 2022 to 21.82 percent in January 2023 amid biting scarcity of the naira. According to the latest Consumer Price Index (CPI) report released on Wednesday by the National Bureau of Statistics (NBS), the January 2023 inflation rate showed an increase of …

The Ukrainian government has expressed its readiness to establish grain hubs in Nigeria and other African countries to boost bilateral ties. This was made known when Ukrainian Minister of Agrarian Policy and Food, Mykola Solskyi, led a delegation to the  Nigeria Minister of Foreign Affairs, Geoffrey Onyeama and the Minister …

The Central Bank of Nigeria has stopped disbursing funds to farmers under the Anchor Borrowers Programme which started in 2015, but beneficiaries kicked against this on Thursday. Presidents of 68 agricultural commodities’ associations told journalists in Abuja on Thursday that the apex bank stopped supporting farmers under the ABP scheme …

Farmers whose farmlands and crops were destroyed by the recent floods across parts of the country are to be compensated, the Federal Government has promised. The compensation will, however, be paid after the end of a comprehensive impact assessment of the floods by the National Food Security Council. The government …

The International Fund for Agricultural Development (IFAD) has identified Nigeria as the powerhouse for agro-industrilisation in Africa. Ms Katherine Meighan, the Associate Vice-President and General Counsel for IFAD, said this at the ongoing Strategic Partners and Investors Forum on the Launch of “the Special Agro-Industrial Processing Zones (SAPZ) in Abuja. …

A socio-political group, the Igbo Youths for Positive Change, has said the implementation of the ban on the movement of cattle in Anambra State will be in the general interest of the state. The group noted that the ban had come to stay, insisting that the policy was not for …

The Federal Government said it is expecting raw materials for the production of fertiliser from Canada and Russia to increase production and distribution to farmers in the current farming season. It also said the movement of commodities between both nations is still possible because the Russia-Nigeria potassium link was preserved …

The Federal Government on Thursday announced that two farm estates located in Abia and Imo states had been completed and were ready for inauguration. It said the Integrated Farm Estate in Ariam Elu-Elu, Ikwuano Local Government Area, Abia State; and the Acharaugo Emekuku Integrated Farm Estate, Owerri North Local Government …

Officials of the National Agency for Food and Drug Administration and Control (NAFDAC) are currently on surveillance across the country to arrest those allegedly using carbide to ripen fruits before selling. Professor Mojisola Christianah Adeyeye, Director-General of the agency who disclosed this at a sensitization campaign in Onitsha, Anambra State …