BusinessAgro

First, it was the former Minister for Agriculture, who is now the elected President of the African Development Bank (ADB), Dr. Akinwumi Ayodeji Adesina, that declared at the National Assembly that about $30 billion dollars have been lost by Nigeria due to abuse and lack of transparency in import waivers on rice importation during the…

To Build N1.2bn Vegetable Oil Plant THE Managing Director (Manufacturing), of Chicason Group, Nnewi in Anambra state, Mr. Linus Ilozue, an engineer, has disclosed that the company has concluded arrangement to go into mechanised farming, aimed at producing over 1000 tons of palm produce to feed their vegetable oil plant, which presently has production capacity…

Fresh Vista For Entrepreneurs In Spices, Stems, Yam IT is getting clearer by the day that the next goldmine, after petroleum, which is now on the decline, is agriculture. Organisations like the West African Agricultural Productivity Program (WAAPP) are spreading the entrepreneurship gospel round the country.   More people, including youths are tapping into available…

WORRIED by the level of neglect on the part of the federal government, a group of experts in collaboration with tomato farmers across the country called on the government to quickly come to the rescue of the sector, as the tomato killer disease called Tuta Absoluta has been ravaging tomato production in the country.     In an…

THE remittances by 20million Nigerians, as released by the Federal Ministry of Finance for the first half of 2014, is put at $10.4billion, almost half of what came in 2013 ($20.77billion). The source of the fund came from Nigerians living in different countries of the world. This background affords the agribusiness person, who is focused…

As Nigeria seeks to diversified its economy from oil to other sources and increase its revenue generation, the Nigeria Cassava Growers Association (NCGA), has said cassava, as the country most important staple food crop after maize, will help trigger major economic activities. According to the National President, NCGA, Segun Adewumi cassava provides over 20 domestic…

As the nation’s economic fortune, perennially tied to oil, is dropping almost irreversibly, more people are turning to agriculture. However, the agriculture drive is mainly by private sector organisations and individuals, who are taking the bull by the horns.

The Dangote Group has pledged to partner with the Federal Institute of Industrial Research, Oshodi (FIIRO) to fight the menace of malnutrition in Nigeria. The group said it wishes to adopt indigenous technology fabricated in the Institute to address health, skills development and poverty alleviation challenges in the country. This was disclosed during a courtesy…

The Federal Government has approved for release 15 new variety of hybrid crops for Nigerian farmers to boost agriculture in the country. The crops were officially released at the National Centre for Genetic Resources and Biotechnology (NACGRAB), Ibadan, during the 22nd meeting of National Committee on Naming, Registration and Release of Crop Varieties, Livestock Breeds/Fisheries.…

THE Managing Director and Chief Executive Officer, Turner Wright Ltd, Dr. Tunde Lawal has been conferred with the African Leader of Integrity Award in recognition of his exemplary leadership and position as a model in veterinary medicine practice, as well as his company’s immense contributions to animal healthcare delivery in Nigeria and the West African…

THE Director of Youths For Agriculture Nigeria (YFAN) in Abia State, Obinna Ibiam has called on governors to key into youths’ agricultural employment programmes through YFAN, saying if youths are effectively empowered to engage in agricultural activities, Nigeria’s food value chain would increase to reduce unemployment. Ibiam said this in his Uzuakoli country home in Bende Local Government Area, after receiving 3,000…

FERTILISER has become a core agricultural input, which farmers have come to depend on for increased yield, aside other variables like quality of seed, technique and farm management ability and mechanisation.