Abuja, Oct. 13, 2025 – The Federal Government is to disburse ₦6.3 billion interest- and collateral-free loans to 21,000 Nigerians affected by recent flood disasters. Yusuf Sununu, the Minister of State for Humanitarian Affairs and Poverty Reduction, announced this in Abuja on Monday at a roundtable to mark the International Day for Disaster Risk Reduction. He said the gesture is part of efforts to cushion the impact of climate-related crises and strengthen food security According to him, each beneficiary will receive ₦300,000 to support recovery, particularly in agriculture and farming, which were severely impacted by flooding. …
NIRSAL unlocks N70bn in financing agriculture in 2025
Abuja, Oct. 7, 2025 – The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL Plc) has facilitated over ₦70 billion in commercial financing for agribusiness as of the third quarter of 2025. It described the achievement its strongest annual performance since its inception in 2013. The company disclosed this in a statement signed by Jude Nnadozie, its Head, Corporate Communications, NIRSAL Plc. The statement said the result represented nearly a quarter of its cumulative ₦270 billion facilitated for agriculture and agribusiness to date, an achievement that underscores the impact of NIRSAL’s revamped …
Tinubu orders immediate measures to ensure food sufficiency, price reduction – minister
Abuja, Sept. 11, 2025 – President Bola Tinubu has ordered immediate measures to ensure food sufficiency and price reduction across the country. Aliyu Abdullahi, the Minister of State for Agriculture and Food Security, said this on Wednesday at a workshop on parliamentary reporting for journalists in Abuja. He said the directive focused on ensuring the safe passage of farm produce across routes to cut logistics costs. “The President has given a matching order with a federal executive council committee already handling it on how we are going to promote …
Tinubu’s ban on export of raw shea nuts will position Nigeria for $3bn annual revenue – TSF
Abuja, Sept. 5, 2025 -The Tinubu Stakeholder Forum (TSF) has described President Bola Tinubu’s temporary ban on the export of shea nut as a game-changer that will reposition Nigeria as a global leader in value-added exports. It said the policy would not only boost shea butter processing, but also ensure improved foreign exchange earnings. The group made its observations in a statement signed by its Chairman Ahmad Sajoh and Secretary Danjuma Sada. The statement reads: “This policy, conveyed by Vice President Kashim Shettima during a multi-stakeholder meeting in Abuja, demonstrates the …
FG to establish cattle breeding centres in each geopolitical zone – minister
Kaduna, July 30, 2025 – The Federal Government is to establish cattle breeding centres in the six geopolitical zones as part of its efforts to boost livestock production. Aliyu Sabi Abdullahi, the Minister of State for Agriculture, disclosed this in Kaduna on Wednesday at the second day of the citizens-government engagement and midterm assessment of the Tinubu administration. He stressed the need for inter-ministerial collaboration between the ministries of agriculture, environment, water resources, livestock development, and the blue economy is crucial to achieving the goals of the Renewed Hope Agenda. …
Nigeria deploying AI, latest technology to achieve food security
Addis Ababa, July 28, 2025 – Nigeria is deploying modern technology like artificial intelligence, geospatial analytics and satellite-based climate tools to transform its agriculture and achieve food security. Vice-President Kashim Shettima disclosed this in Addis Ababa, Ethiopia on Monday during the United Nations Food Systems Summit Stocktake (UNFSS+4). “We are deploying these tools to monitor production, enhance transparency, connect producers to markets and reduce waste across the value chain.” “The Fourth Industrial Revolution has not only disrupted the old order but gifted us instruments that were once confined to imagination. …
Tinubu appoints Babangida’s son as BoA chairman, 8 others as chairmen, agency heads
Abuja, July 18, 2025 – President Bola Ahmed Tinubu has appointed Muhammad Babangida, the son of the former military President, as chairman of the revamped Bank of Agriculture. President Tinubu approved the appointment today, along with eight others who are to serve as chairmen or directors-general of Federal agencies. Muhammad Babangida, 53, is an alumnus of the European University in Montreux, Switzerland, where he earned a Bachelor’s degree in Business Administration and a Master’s degree in Public Relations and Business Communication. He later attended Harvard Business School’s Executive Program on …
FG to remove bottlenecks hindering realisation of Nigeria’s potential in agriculture – Tinubu
Brasilia, July 7, 2025 – President Bola Tinubu says the federal government will remove all bottlenecks hindering the realisation of Nigeria’s potential in agriculture. He said this would facilitate food sovereignty, food export and livestock production. Tinubu made the promise during a bilateral meeting held at the Copacabana Forte with Brazilian President Luiz Inacio Lula Da Silva and some members of both countries’ cabinets. He said Nigeria was already undergoing reforms to reposition the economy for global competitiveness, particularly in agriculture, where it already has a competitive advantage. Tinubu said …
NIRSAL develops capacity for livestock actors to enable them tap into $2.5bn FDI
Abuja, June 3, 2025 – NIRSAL Plc has launched a Feedlot Management Training Program to prepare Nigeria’s livestock value chain actors to tap into the $2.5 billion Foreign Direct Investment (FDI) deal recently sealed by the federal government with global meatpacking giant, JBS. NIRSAL said the launch of the training program was with the support from the Federal Ministry of Livestock Development. It described the training program as a bold move to position Nigeria as a leading supplier of quality beef to domestic and global markets. According to a statement …
FG, IFAD sign $158m agreement to boost agriculture in North
Abuja, May 8, 2025 – The federal government has signed a $158.15 million financing agreement for the Value Chain Programme in Northern Nigeria (VCN) to revolutionise the nation’s agriculture sector. The implementation of the project is to begin immediately to support agriculture value chain development in nine states in the North with the signing of the agreement. The project support value addition for farmers The initiative is co-funded by the International Fund for Agricultural Development (IFAD), the French Development Agency (AFD) and the Government of Nigeria. Vice-President Kashim Shettima, who …