Category: Agric & Commodity News

Livestock Feeds Rakes 658.08 percent Net Profit; value N17,648 m from N2,328m in 90 days 2017

… Issuing rights issue of 1000 000 000 units ordinary shares of 50kobo each at N0.75 per share Advertsiement The management of Livestock plc has released unaudited financial statements ended march31, 2017 which showed Profit after tax of N17, 648million in 2017 compare with N2, 328million in 2016, accounts N15320million representing 658.08 percent. The Board…

Speaker Dogara urges Nigerians to invest in agriculture

Speaker of the House of Representatives, Hon Yakubu Dogara, has urged entrepreneurs in Nigeria to invest resources in mechanised farming in Nigeria. Dogara explained that mechanised farming will generate revenue for the country and bring the needed foreign exchange to move the economy forward. Speaking when he visited Integrated Dairies Limited in Vom, Plateau State,…

Killer rice all over Nigerian market – Governors’ Forum

The Nigeria Governors’ Forum (NGF) has expressed concerns over the quality of rice being imported and consumed by Nigerians. The governors, while describing it as substandard, harmful, called on the Nigeria Customs Service to take urgent measures to curb the situation. A statement by NGF’s Head, Media and Public Affairs, Abulrazaque Bello-Barkindo, said this concern…