Category: Agric & Commodity News

Governor Bagudu, Ogbeh, Emefiele Laud WACOT Rice Mill 

 Thursday, March 24, 2017: The food security and youth employment goals of the federal government is receiving major support with the establishment of a rice processing mill with 120,000 metric tonnes capacity in Argungu, Kebbi State by WACOT Rice Limited, a member of the TGI Group. The rice mill is part of WACOT’s expansion plan,…

China to loan Nigeria $4.5 billion to boost agriculture

The Peoples Republic of China has said it will lend Nigeria $4.5 billion to boost local agriculture. The loan is to enable Nigeria purchase farming tools including tractors, bulldozers, graders, irrigation pumps, amongst others. Audu Ogbeh, Nigeria’s minister of Agriculture, and Abdulaziz Yari, Zamfara State Governor, made the disclosure while speaking to journalists in Abuja…

First Bank Nigeria Promotes Agriculture for Growth & Sustainable Development in Nigeria at the FirstAgricExpo2017

On the 14th of March 2017, Premier financial house, First Bank Nigeria Plc, hosted the First Agriculture Exhibition solely sponsored by the bank. The Agricultural exhibition which held at the prestigious Eko Hotel and suites, Victoria Island, Lagos was attended by many Agricprenuers who came to showcase their Agriculture products and many participants who also…

Agriculture pulling Nigeria out of recession – Presidency

The presidential spokesperson, Garba Shehu, says efforts to get the nation out of its present economic challenges are beginning to yield positive results, especially in agriculture. The presidential aide said this in Abuja on Sunday. According to him, an increase in the volume of rice production and processing across the country is already saving the…

‘Attract youth to farming in Nigeria to fight extremism’

Making farming in Nigeria profitable and an attractive livelihood can break the cycles of poverty and unemployment that leave young people vulnerable to extremism, according to the head of a social enterprise working with small farmers. Low yields and lack of market access trap many smallholder farmers in poverty and drive young people into cities…

Nigerian govt sets September deadline to bring military payroll on IPPIS platform

The Federal Government on Wednesday gave September 2017 as the deadline to fully bring the payroll of the military into the Integrated Personnel Payroll Information System, IPPIS. The Minister of Finance, Kemi Adeosun, who disclosed this while briefing State House correspondents at the end of the meeting of the Executive Council of the Federation in…