CBN Disburses N948b To 4,478,381 Farmers

CBN Disburses N948b To 4,478,381 Farmers

The Central Bank of Nigeria (CBN) has disbursed N948 billion to 4,478,381smallholder farmers, to upscale food production in the country.  The CBN Governor, Mr Godwin Emefiele disclosed this in Ado-Ekiti while delivering the 25th and 26th combined convocation lecture of...
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Obaseki Explains $500m Oil Palm Investment In Edo

Obaseki Explains $500m Oil Palm Investment In Edo

The infusion of $500 million in investment into the development of oil palm estates and plantations has given a new lease of life to the Edo State’s agricultural sector.  This was disclosed by the Edo State Governor, Mr. Godwin Obaseki,...
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CBN Disburses N42b To Support Wheat Cultivation In 15 States

CBN Disburses N42b To Support Wheat Cultivation In 15 States

The Central Bank of Nigeria (CBN) has disbursed about N42 billion to accelerate wheat cultivation in 132,799 hectares across 15 states in the country.  The CBN Governor, Mr Godwin Emefiele, stated this at the inauguration of the 2021/2022 Brown Revolution...
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Edo Reiterates Support For Oil Palm Investment

Edo Reiterates Support For Oil Palm Investment

The Commissioner for Agriculture and Food Security in Edo, Stephen Idehenre, says the state has attracted about $531.2 million from nine firms in the oil palm sector through the state oil palm programme.  Idehenre made this known during the inauguration.....
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Maize Farmers Laud Unity Bank, Explain Sustained Production  

Maize Farmers Laud Unity Bank, Explain Sustained Production  

Nigerian maize farmers under the auspices of Maize Farmers Association of Nigeria (MAAN), have commended Nigeria’s agric-focused lender, Unity Bank Plc for its role in facilitating the financing of maize production by smallholder farmers in the country throu...
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Lagos APPEALS Project Supports 17,467 Farmers In Five Years 

Lagos APPEALS Project Supports 17,467 Farmers In Five Years 

A World Bank Assisted Project, Lagos State Agro-Processing, Productivity Enhancement, and Livelihood Improvement Support (APPEALS PROJECT), has empowered, trained and supported 17,467 farmers to boost food self-sufficiency in five years.  Mrs Oluranti Sag...
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Snail Farmers Seek Increased Youth Participation 

Snail Farmers Seek Increased Youth Participation 

Some heliculturists in Abuja have called for more youth involvement in snail farming as part of measures to meet local and international demand.  The farmers told the News Agency of Nigeria (NAN), on Sunday, that heliculture (snail farming) was a...
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Lagos Targets One Million Coconut Seedlings In 2022

Lagos Targets One Million Coconut Seedlings In 2022

The Lagos State Coconut Development Authority (LASCODA) says it will produce one million coconut seedlings in conjunction with the private sector in 2022. LASCODA’s General Manager, Mr Dapo Olakulehin told the News Agency of Nigeria (NAN) on Wednesday in Lag...
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NEPC Tasks Edo Farmers On Pineapple Export

NEPC Tasks Edo Farmers On Pineapple Export

The Nigeria Export Promotion Council (NEPC), has tasked farmers in Edo to adopt best practices that will make Nigeria Pineapple gain global acceptance.  Dr Ezra Yakusak, the Executive Director, NEPC, made the call at the Council’s capacity building work...
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CBN, FMAN Support 150,000 Wheat Farmers In 15 States

CBN, FMAN Support 150,000 Wheat Farmers In 15 States

The Flour Milling Association of Nigeria (FMAN) on Tuesday says it has provided support to 150,000 farmers to accelerate wheat cultivation across 15 states in the country.  Dr Aliyu Samaila, FMAN’s National Programme Manager, Wheat Development Project, ...
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Fidelity Bank Boosts Rice Value Chain, Facilitates Disbursement Of N34b

Fidelity Bank Boosts Rice Value Chain, Facilitates Disbursement Of N34b

Fidelity Bank has facilitated the disbursement of over N34 Billion indirect credit to players in the Nigerian rice value chain.   A statement sent to City Business News explained that the bank’s interventions in recent years have helped to unloc...
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CBN, RIFAN Empower 25, 000 Farmers In Gombe

CBN, RIFAN Empower 25, 000 Farmers In Gombe

The Central Bank of Nigeria (CBN), in collaboration with Rice Farmers Association of Nigeria (RIFAN), Gombe State chapter has launched the 2021/2022 inputs distribution for dry season farming.  The News Agency of Nigeria (NAN) reports that the ceremony un...
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Fidelity Bank Finances Ultra-Modern Rice Milling Factory

Fidelity Bank Finances Ultra-Modern Rice Milling Factory

The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has joined the Managing Director of Fidelity Bank Plc, Mrs. Nneka Onyeali-Ikpe and a host of dignitaries including two state governors to commission a 400 metric tons per...
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Emefiele Tasks Rice Millers On FOREX, Employment

Emefiele Tasks Rice Millers On FOREX, Employment

Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has urged rice mills in the country to embrace CBN’s backward integration initiatives aimed at conserving foreign exchange reserves.  Information obtained from CBN’s website indic...
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