Category: Agric & Commodity News

Cassava exploitation can accelerate Africa’s economic transformation – NIRSAL

The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) says exploiting the potential in cassava can accelerate Africa’s economic transformation. A statement by the management of NIRSAL in Abuja said Mr Aliyu Abdulhameed, the Managing Director of the organization, stated this at the 4th International Cassava Conference held in Cotonou, Republic of Benin. Adulhameed…

AfDB okays $120m to boost cassava, others

The African Development Bank (AfDB) yesterday said it will invest $120 million between the next two and three years to boost the productivity and transform cassava and other eight other commodities on the continent. The nine commodities are cassava, rice, maize, sorghum/millet, wheat, livestock, aquaculture, high iron beans and orange fleshed sweet potatoes. “Transforming cassava…

Bank of Industry, Ebonyi Government Partners To Provides N4bn Agric Fund for Civil Servants

The Bank of Industry (BoI) and the Ebonyi State Government are to collaborate in a N4 billion matching funds to enhance the fortunes of civil servants in the state through agricultural activities. A statement from the bank on Sunday in Lagos disclosed that the agro-based fund was coming on the heels of a N4billion MSME…

‘Govt banking on agric to transform economy’

President Muhammedu Buhari-led administration is striving to reduce hunger and poverty through transforming agriculture, Ogun State Commissioner for Agriculture Mrs. Adepeju Adebajo has said. She spoke at the Women in Management, Business and Public Service (WIMBIZ) CEO Policy Maker Breakfast in Lagos. A panelist on the occasion, Mrs. Adebajo said the government was determined to…