FG Tasks Oil Palm Stakeholders On Expansion Agenda

FG Tasks Oil Palm Stakeholders On Expansion Agenda

By Moses Ebosele, ebosele@hotmail.com The Federal Ministry Of Industry Trade & Investment has challenged Oil Palm Stakeholders to take advantage of technology and innovations as part of measures to optimise yields, reduce waste and boost growth in the industry.   Speaking on...
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AfDB Supports Nigeria With $134 Million To Cultivate Rice, Maize, Cassava, Soyabeans

AfDB Supports Nigeria With $134 Million To Cultivate Rice, Maize, Cassava, Soyabeans

The African Development Bank (AfDB) is supporting Nigeria in the cultivation of rice, maize, cassava and soyabeans to boost food production. The bank is providing $134 million to achieve this, it president, Dr Akinwunmi Adesina, said on Saturday after visiting...
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Firm Cultivates 2,000 Hectares Of Oil Palm In Edo

Firm Cultivates 2,000 Hectares Of Oil Palm In Edo

The Managing Director, Bravag Nigeria Limited, Mr. Erhunse Oviawe, has explained that through reforms in the Edo State Oil Palm Programme (ESOPP), his company has developed 2000 hectares farm estate and is now exporting Fresh Fruit Bunches (FFB) to other...
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Nigeria Signs MoU On 10,000 Tractors

Nigeria Signs MoU On 10,000 Tractors

The Federal Government of Nigeria has signed a Memorandum of Understanding (MoU) with John Deere to supply Nigeria with 2000 tractors yearly in the next five years. According to the Minister of Agriculture and Food Security, Abubakar Kyari, the move...
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Delta To Disburse N2b Special Agricultural Intervention Fund To Farmers In January 

Delta To Disburse N2b Special Agricultural Intervention Fund To Farmers In January 

Delta State Governor, Sheriff Oborevwori has announced that the state government is set to distribute a Special Agricultural Intervention Fund of N2 billion to farmers this month.  The governor revealed this information on Wednesday while examining the Ac...
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Photo News

Photo News

L-R: Chief  Finance Officer, Presco Plc, Johnson Amandor;  Director, Presco Plc, HRH (Prince) Aiguobasinmwin O. Akenzua; Director Presco Plc, Chief (Dr.) Bassey E.O Edem,MFR, Managing Director, Presco Plc, Felix Nwabuko; Director, Presco Plc, Mr. Osa Osunde;...
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Nigeria Targets Production Of 2,000 Tractors Yearly

Nigeria Targets Production Of 2,000 Tractors Yearly

LOCAL production of 2,000 tractors yearly will boost food production, the Minister of Agriculture and Food Security, Sen. Abubakar Kyari, has said. It will also create jobs for farmers, especially women and youths and enhance food and nutrition security, he...
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Okomu Rewards 102 Workers With Furniture, Freezers, TVs, Generating Sets

Okomu Rewards 102 Workers With Furniture, Freezers, TVs, Generating Sets

One Hundred and Two (102) employees of Okomu Oil Palm Company PLC (OOPC) have received various items as rewards for their loyal services to the company. While congratulating the recipients, the Managing Director, Okomu Oil Palm Company Plc, Dr. Graham...
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Presco’s Shareholders Get N8.6b Dividend For 2022

Presco’s Shareholders Get N8.6b Dividend For 2022

  By Moses Ebosele, ebosele@hotmail.com Shareholders of Presco Plc have approved payment of final dividend of 660 kobo per share, indicating N6.6billion for the year ended December 31, 2022. The Company had paid an interim dividend of 200kobo pe...
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British Govt Harps On Regeneration Of Edo State’s Forest Resources

British Govt Harps On Regeneration Of Edo State’s Forest Resources

The British High Commissioner to Nigeria, Richard Montgomery has reinstated Britain’s commitment to support the Nigerian Government as part of efforts to preserve the forest and other natural resources for the benefit of future generation. Mr. Montgomer...
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Farmers Seek Improved Investment In Agriculture

Farmers Seek Improved Investment In Agriculture

AS economic situation bites harder on Nigerians, some farmers in Gombe have urged the state government to leverage the additional funds received from the Federation Account Allocation Committee (FAAC), to invest in the agriculture. They said such investment wa...
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Adulteration: Palm Oil Farmers Seek Collaboration With FG

Adulteration: Palm Oil Farmers Seek Collaboration With FG

The National Palm Produce Association of Nigeria (NPPAN) has called on the Federal Government to collaborate in establishing palm oil markets aimed at combatting oil adulteration. In an interview with the News Agency of Nigeria (NAN) in Abuja, Mr Alphonsus...
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Agribusiness: Ecobank Restates Commitment To Youth Empowerment  

Agribusiness: Ecobank Restates Commitment To Youth Empowerment  

The Managing Director and Regional Executive, Ecobank Nigeria, Bolaji Lawal has reiterated the bank’s commitment to supporting any investment that will stimulate the growth of Nigeria’s economy and transform the opportunities in Nigeria into business ...
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Okomu Oil Shareholders Okay N21 Final Dividend For 2022

Okomu Oil Shareholders Okay N21 Final Dividend For 2022

By Moses Ebosele, ebosele@hotmail.com  Shareholders of Okomu Oil Palm Company Plc have approved final dividend of N12 per share for the year ended December 31, 2022.  This in addition to the N9 paid as interim dividend amounts to a total of...
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