COVID – 19: Nigerian Farmers assures of feeding the nation

“All Nigerian farmers are poised and fully awake to address the challenge of providing enough food to feed the nearly 200,000,000 mouths in the Nation.” Arch Kabir Ibrahim, the National President of All Farmers Association of Nigeria  (AFAN), gave this assurance while reacting to the entry of Corona virus disease into the country. “The spread of the […]

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Africa Fertilizer Financing Mechanism launches $2.2m project in Nigeria to boost fertilizer supply to 200,000 farmers

  ABUJA, Nigeria, — The Africa Fertilizer Financing Mechanism (AFFM) has kick-started a $2.2 million project to provide fertilizer suppliers in Nigeria with financial support to improve supply for 200,000 smallholder farmers. The trade credit guarantee project is AFFM’s first in the West African nation and will involve 10 fertilizer suppliers, 12 hub agro-dealers and […]

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Rhizucor Nigeria proposes way-out of Food Fraud

  By Industrial Digest “A way out is to carry out product authentication and integrity testing, monitoring and ensurance of compliance to standard through a rejig of the extension departments, and criminal prosecution for offending corporate leaders. All these will reduce Food Fraud opportunity.” Dele Fapohunda, Food safety activist at Rhizucor Nigeria Limited, a company based in Nigeria […]

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Five years imprisonment awaits offenders, saboteurs in Fertilizer Act

The newly signed National Fertilizer Quality Control Act 2019 has awarded a stiffer penalty of at least five years imprisonment for offenders. The Act, assented into law by President Muhammadu Buhari in October 2019, prohibits unauthorised activities of manufacturers, blenders or importers and distributors of fertilizer. The Act also stipulates the procedure for obtaining permits […]

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Nigeria’s shortfall in tomato production now 700,000MT, says NIHORT

  The National Horticultural Research Institute (NIHORT) says the shortfall in the production of tomato in Nigeria currently stands at 700,000 metric tonnes. The institute said that Nigeria currently produces 2.3 million metric tonnes of tomato in contrast to 1.8 million metric tonnes produced two years ago, while the national demand is three million metric […]

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NEXIM Bank to promote sesame seeds processing for export in Katsina

The Nigerian Export-Import Bank (NEXIM) says it has concluded plans to promote crops that have potential export value in Katsina State thereby creating more businesses and job opportunities for people. The Managing-Director, NEXIM Bank, Mr Abba Bello, disclosed this when Gov. Aminu Masari of Katsina State visited him in Abuja. Bello said that the initiative […]

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NIRSAL facilitates N102bn Agric loans from DMBs

  The Nigerian Incentive-Based Risk Sharing System for Agricultural Lending, (NIRSAL) has facilitated over N102 billion as loans from Deposit Money Banks (DMBs) for various activities in the Agricultural Value Chains in the country. The institution’s Managing Director, Mr. Aliyu Abdulhameed, disclosed this in a chat with journalists in Abuja. He disclosed that NIRSAL has […]

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Dairy factories: CBN brokers land deal for 3 firms

To support backward integration and promote local production of dairy products, the Central Bank of Nigeria (CBN) has brokered a deal that will see the Minister of FCT Mohammad Bello provide at least 2,500 hectares of land to three companies investing in local production of milk and other dairy products. The three companies that have […]

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Nigeria loses N270 billion to palm oil import in three years

♦It will take 10 years to close gap, says NIFOR ♦‘We will export palm oil in four years’ Nigeria loses over N90 billion yearly, and in the next three years will lose not less than N270 billion to deficit and importation of palm oil, The Guardian investigation has revealed. Based on the December 2019 World […]

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