The United States Agency for International Development (USAID), has mobilised N188 billion in private debt and equity financing to support agribusiness across Nigerian seven states of Benue, Cross River, Delta, Ebonyi, Kaduna, Kebbi and Niger. The USAID/Nigeria Economics Growth & Environment Office Director, Michelle Corzine disclosed this at the Feed the Future Nigeria Agribusiness Investment Activity Closeout Ceremony in Abuja. …

Abia State deputy governor, Ikechukwu Emetu, has said the state’s cocoa production if properly harnessed, can sustain a chocolate factory. Emetu stated this yesterday when the state chapter of the Cocoa Farmers Association paid him a courtesy visit to his office in Umuahia, the state capital. He said the doors of the state were open to investors to come and …

The Minister of Agriculture, Abubakar Kyari has said that the efforts being made by the Federal Government would end the importation of wheat seeds in the next four to five years, noting that the importation was gulping the country’s foreign reserves. He added that the Federal Government was giving out 50 per cent subsidy to wheat farmers in the upcoming …

The United States Government through the US Agency for International Development has announced a $29 million investment to support aquatic and fish farmers in Nigeria, Bangladesh, Kenya and Zambia. This is as it revealed a five-year extension for two research partnerships under Feed the Future, the US government’s global hunger and food security initiative. According to the agency, $15 million …

The Farmers Economic Empowerment Association has said it will no longer accept motorcycles as settlement for labour wages for foreign nationals who work as labourers in Nigerian farms during the current farming season. The group at its national conference on Friday said instead of their usual practice of buying motorcycles as a means of payment for farm labour to foreigners, …

Fifty thousand farmers have begun training on organic agricultural development and practice in Abia State to minimise environmental and soil degradation. The training is being facilitated by the federal Ministry of Agriculture and Food Security, International Organization for Good Leadership and Agricultural Development, and the Abia State Agricultural Development Programme (ADP). At the flagoff ceremony of the training at the …

Professor Adewale Dipeolu of the Federal University of Agriculture (FUNAAB), Abeokuta, has said that over 3,000,000 people stand to benefit from an agricultural app that will soon be developed as part of digital technology measures to combat the effects of climate change on agriculture by farmers, especially those in remote part of the country. Dipeolu, who is the team leader …

Ondo State Governor, Oluwarotimi Akeredolu, has expressed optimism that the state would soon be the leading producer of oil palm and cashew in the country. Governor Akeredolu said his administration’s investment in cash crops would help reduce the country’s dependence on oil. Akeredolu spoke when he visited the Chocolate factory at Idanre which was recently acquired by Johnvents Limited. Represented …

Following fuel subsidy removal, Naira devaluation, and the attendant negative impact on poultry business, poultry farmers across the country, particularly in Lagos State, have called on government at all levels to urgently intervene to prevent the imminent collapse of the poultry industry. In a recent statement by its Chairman, Mrs. Juliana Ibitoye, farmers, under the aegis of the Erikorodo Poultry …

All Farmers Association of Nigeria (AFAN) has set up three new committees in a move to assist the Federal Government in driving emergency on food security. The committees are: Seed; Mechanisation; and Science, Technology and Innovation. This is in addition to the already existing Fertilizer Committee working with the federal government to fashion out the best way to bring down …