Agriculture Archives — Page 21 of 31

October 24, 2019 No Responses

Group Seeks Repositioning Of Palm Oil Value Chain

A Non-Governmental Organisation (NGO), Solidaridad West Africa, on Wednesday in Abuja identified the need for Nigeria to set up mechanism to reposition the country’s oil palm value chain as part of measures to enhance rapid economic growth. According to the...

October 20, 2019 No Responses

“Nigeria Must Process Export-Bound Agric Products To Add Greater Value, Income”

Nigeria must process export-bound agricultural products to add greater value, maximize income, the Internal Audit Director of the African Export-Import Bank, Mr Abel Osuji, has said. Osuji gave the advice in Lagos on Saturday while delivering a lec...

October 15, 2019 No Responses

Group Seeks Agric Reforms In West Africa

The International Crisis Group, an independent non-profit organisation, on Tuesday called for a reform in the agricultural sector in West Africa and the Sahel as part of measures to address insecurity.Mr Nnamdi Obasi, the Senior Adviser of the group for...

October 14, 2019 No Responses

Cocoa Institute Unveils Eight New Hybrid Varieties

The Cocoa Research Institute of Nigeria (CRIN), Ibadan has release eight improved hybrid varieties. Speaking on Monday, Dr Festus Olasupo, a Plant Breeder at CRIN attributed the development to its 10-year cocoa breeding efforts.Speaking in interview with...

October 10, 2019 No Responses

Obasanjo Urges DR Congo To Invest In Agriculture

Former Nigerian President, Chief Olusegun Obasanjo has called on the Democratic Republic of Congo (DRC) to invest in agriculture and particularly cassava, soybean, cowpea and plantain to help Africa cut down annual food imports that is estimated at $50billion....

September 23, 2019 No Responses

More Farmers To Benefit From Anchor Borrowers Programme

Not less than 70, 000 farmers in Borno State are to benefit from the Anchor Borrower Programme (ABP) of the Central Bank of Nigeria (CBN) in 2019. Mr Mahmood Nyako, the Head of Finance Development Office (DFO) of the CBN...

September 22, 2019 No Responses

Ghana Targets 850,000 Tonnes Of Cocoa In 2019/20 Season

The world’s second-largest cocoa producer, Ghana, is to produce 850,000 tonnes of cocoa in 2019/20 season. Ghana’s annual cocoa production is usually between 850,000 and 900,000 tonnes, although the country had an official forecast of 900,000 t...

September 7, 2019 No Responses

Fertilizer Market In Nigeria, Tanzania Get $54m Boost

The African Development Bank and the African Fertilizer and Agribusiness Partnership (AFAP) have signed two grant agreements to implement trade credit guarantees worth $5.4 million to support fertilizer value chains in Nigeria and Tanzania, potentially benefit...

August 23, 2019 No Responses

Edo Tasks Palm Oil Stakeholders On Sustainable Production

The Edo State Governor, Mr. Godwin Obaseki, has urged stakeholders in the palm oil industry to work towards ensuring a shared commitment to sustainable palm oil production in the African continent. Speaking at Africa’s third Sustainable Palm...

August 22, 2019 No Responses

Makinde Pledges To Transform Agriculture

Oyo State Governor, Engr. Seyi Makinde, has pledged the commitment of his administration to give agriculture the necessary ‘political will’ to play its role and transform the economic fortunes of the state. Speaking at a retreat in Cotonou, Republic of...

August 13, 2019 No Responses

FCMB Targets Palm Oil, Cocoa, Ginger, Others With New Agric Finance Facility

Foremost financial institution, First City Monument Bank (FCMB) has introduced an enhanced agro-commodity trade finance facility for agribusiness operators. According to the Bank, the revamped facility is designed for agro-commodity merchants with supply...

July 2, 2019 No Responses

IITA Youth Agripreneur Program Wins Award

The youth program of the International Institute of Tropical Agriculture (IITA) has won the 2019 International Innovation Award for sustainable food and Agriculture. The award is in recognition of IITA’s commitment to improving both agribusiness opportunitie...

June 24, 2019 No Responses

Ecobank Partners NIRSAL, Unveils N70b Agric Financing Scheme

Ecobank Nigeria has entered into a strategic partnership with the Nigeria Incentive-Based Risk-Sharing System for Agricultural Lending (NIRSAL) with a N15 billion agricultural investment scheme being the first tranche in agricultural value chain financing. The...

June 15, 2019 No Responses

Buhari To CBN: Blacklist Firms Still Importing Palm Oil

President Muhammadu Buhari has directed the Central Bank of Nigeria to blacklist any firm, its owner and top management caught smuggling or dumping palm oil into the country.The presidential directive was disclosed by CBN Governor, Mr Godwin Emefiele, at a...