Agriculture

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Agriculture

Cattle breeders condemn govt’s silence on ‘killing’ of 40 pastoralists

Lagos, Jan. 28, 2023 – The Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN) has condemned the silence of the government on the ‘killing’ of over 40 pastoralists and butchers in Nasarawa State on Jan. 26. 2023. According to a statement issued by the association on Saturday, the affected persons were killed by an air strike in Rukubi Village in Doma Local Government Area of Nasarawa State.   MACBAN describe the silence of government as reprehensible and total lack of regards to the loss of lives of ordinary Nigerians who …

Agriculture

AfDB commits $10b to make Africa world’s food basket

Dakar, Jan. 27, 2023 – The African Development Bank Group (AfDB) is  committing $10 billion over the next five years to boost Africa’s efforts to end hunger and become a primary food provider for itself and the rest of the world. Dr Akinwumi Adesina, the Bank Group President, said this on Wednesday at the Dakar 2 Africa Food Summit in Diamniadio, east of the Senegalese capital of Dakar. He called on more than 34 heads of state, 70 government ministers, the private sector, farmers, development partners, and corporate executives to work out …

Agriculture

Nigeria to earn $500m from cashew exports in 2023

Abuja, Jan. 25, 2023 -Dr Mohammed Abubakar, the Minister of Agriculture and Rural Development, said Nigeria projected to realise $500 million from cashew export in 2023. Nigeria generated $250 million from the export of cashew nuts in 2022. The Minister, who was represented by the Permanent Secretary in the Ministry, Dr Ernest Umakhihe, said this at the Nigerian Cashew Day and cashew season commencement in Abuja. He said that agriculture exports had become important source of non-oil export earnings. The minister said that agriculture exports growth represented more that 10 …

Agriculture Politics

Lagos is testament to Buhari’s rice revolution – Sanwo-Olu

Lagos, Jan. 24, 2023 – Gov. Babajide Sanwo-Olu of Lagos State says Lagos is a testament to President Buhari’s rice revolution. Sanwo-Olu made the pledge on Monday while conducting President Muhammadu Buhari round the premises of Imota Rice Mill in Ikorodu on the first day of the president’s two-day official visit to Lagos State. President Buhari inaugurated the rice mill on Monday as part of his activities in the state. Sanwo-Olu said Lagos State was already acting to the wishes and directives of the president when he assumed office. “When …

Agriculture Commodities

Imota rice mill has bright prospects – expert

Lagos, Jan. 23, 2023 – The Imota Rice Mill to be inaugurated by President Mohammadu Buhari on Tuesday has bright prospects in view of the huge rice consumption in the country. The mill is the largest rice mill in Africa and the third-largest in the world. Mr Akin Akeredolu-Ale, the Chief Executive of Lagos Commodities and Futures Exchange (LCFE), made this observation in Lagos on Monday. He said the estimated consumption of rice by Lagosians alone is one million metric tonnes per annum. “The Lagos State Government, through the Ministry …

Agriculture Politics

Nigeria was losing N1.5 trillion annually to rice importation before Buhari – Mallami

Yauri, Dec.23, 2022 – Abubakar Malami, the Attorney-General of the Federation and Minister of Justice, on Thursday said Nigeria was losing N1.5 trillion annually to rice importation before President Muhammadu Buhari introduced the rice revolution in 2015. Mallami, who spoke at the kebbi South Zonal Rally of All Progressives Congress (APC) held in Yauri, said the country had since gone from mass product importation to exporting over 800 tonnes of the commodity yearly “Before President Muhammadu Buhari’s administration in 2015, Nigeria was spending N1.5 trillion to import rice from Thailand …

Agriculture General News

Cattle breeders call for financial support from FG

Abuja, Dec. 19, 2022 – Cattle breeders in Nigeria have called on Federal Government to give them financial support as done to other businesses in the country. Baba-Othman Ngelzarma, the President of  Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN), told journalists in Abuja on Monday that while billions of naira had been given to rice farmers under the Central Bank’s Anchor Borrowers Scheme, nothing significant had been given to livestock breeders. “Buhari has abandoned the pastoralists. This is very clear, whether Buhari or his lieutenants believe this or not, …

Agriculture

Lagos anticipates N1.2bn revenue from agriculture in 2022

The Lagos State government says it is anticipating revenue of N1.2 billion from agriculture in 2022. The state Commissioner for Agriculture, Abisola Olusanya, said this at the just concluded 2022 annual Lagos Food Festival in Lagos. According to her, the state generated a little above N1 billion in 2021, the first ever in the history of the state. The commissioner listed the 2023 general elections in Nigeria, the Russia-Ukraine war, and other economic challenges as factors that had affected food production this year, but she said  that the ministry was …

Agriculture

African Development Bank approves $5.12m financing for emergency food production in Liberia

Liberia, Nov. 24, 2022 The Board of directors of the African Development Bank Group has approved $5.12 million financing for the Emergency Food Production Program in Liberia. The bank said in a statement today that this would pave the way for the Liberian government to support farmers as they increase climate resilient food production and mitigate the impact of the ongoing war in Ukraine. The funding includes a grant of $2.28 million and a loan of $2.84 million from the Bank Group’s Transition Support Facility. Agriculture is a major part of Liberia’s economy. …