Turkey to invest $15m in Nigeria’s agric sector –Minister

  The Minister of State for Agriculture and Rural Development, Mustapha  Shehuri, has said the Turkish government has promised to invest $15 million in Nigeria’s agricultural sector in two years. The minister disclosed this when he received Turkish investment delegation led by the Commercial Counsellor, Turkish Embassy in Nigeria, Mr. Onur Akgul, in his office in […]

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Buhari Queries Nanono over Fertilizer Import Waivers

  Cancels licenses, CBN warns banks, forex dealers against violations of fertilizer initiative   President Muhammadu Buhari has queried the Minister of Agriculture, Alhaji Sabo Nanono, for issuing import wavers to some companies to import fertilizer into the country contrary to the presidential fertilizer initiative policy, which focuses on increasing local production capacity for the […]

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Emefiele, El-Rufai flag-off N10bn Tomato Company in Kaduna

THE Governor of the Central Bank of Nigeria (CBN) Mr. Godwin Emefiele and the Governor of Kaduna State, Mal. Nasir El-Rufai, today, flagged-off a N10.25 billion Tomato company, in Kaduna. Mr. Emefiele said that the massive Foreign Direct Investment by Tomato Jos, an American company was made possible by the economic diversification agenda of the […]

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54, 000 farmers, livestock herders in NE Nigeria to benefit from USAID ‘Water for Agriculture Project’

“The $8 million ‘Water for Agriculture Project’ in North East targets at least 4000 smallholder farmers and 50,000 livestock herders by constructing new earth dams and system for crop production and livestock watering.” Stephen Haykin, USAID Mission Director, said during the launch of the project in Abuja. He said that promoting access to water is […]

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Specialists, association suggest ways to make cocoa highest forex earner in Nigeria

♦      Breeders, farmers advocate return of modified cocoa boards COCOA Farmers’ Association of Nigeria (CFAN), breeders and administrators have challenged the government to revive cocoa production as a top foreign exchange earner with proactive interventions. The proactive interventions, they argue, include a modified coordinating board, structured investments, adoption of latest high-yielding varieties, seed […]

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Nigeria’s palm oil producers call for early disbursement of CBN Loan

  Oil Palm Growers Association of Nigeria (OPGAN) has called for early disbursement of Central Bank of Nigeria (CBN) loans to kick-start planting. Its National President, Mr. Igwe Uche, said the support from CBN may not be useful, if it comes when the farmers could no longer plant because of limited rainfall. “If there is any […]

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Republic of Benin reaches milestone in cotton production

♦Agric Minister sheds tears There could be many ways to react to a milestone achievement for anyone in a national assignment but shedding some tears was the best option for the Republic of Benin agriculture minister Cossi Gaston Dossouhoui after his country became the leading producer of cotton in West Africa Francophone. While applause and standing […]

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