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Agriculture Sector

Border closure not sustainable – EAC chief

Chairman of the federal government Economic Advisory Council, Dr. Doyin Salami, has said border closure was not a sustainable strategy.

Central bank chief projects exit from recession Q1 2021

The Governor of Central Bank, Mr Godwin Emefiele, on Friday expressed optimism that Nigeria could emerge from recession by the first quarter of 2021.

Nigerian government seeks new Eurobond

On the same day, Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, while speaking at the 55th Annual Bankers Dinner organised by the Chartered Institute of Bankers of Nigeria (CIBN) in Lagos, predicted a two per cent growth in the country’s Gross Domestic Product (GDP) in 2021.
The Executive Director of Mothers And Marginalised Advocacy Centre, MAMA Centre, Chioma Kanu, has stressed the need to involve school girls in the public outcry against Gender-Based Violence, demanding appropriate policy attention to effective rehabilitation, recovery, and reintegration of victims of gender-based violence

Nigerian government urged to enforce sexual violence laws to protect women, children

In commemoration of the International Day for the Elimination of Violence Against Women 2020, the ActionAid Nigeria (AAN), has urged the Federal Government to enact and enforce laws and regulations aimed at eliminating and preventing all forms of gender-based violence and harassment in the world of work, including informal work.
The Director-General, National Information Technology Agency (NITDA), Kashifu Inuwa Abdullahi, has described the African Continent as a centre with great potentials especially in the development and domestication of digital innovation.

NITDA canvasses adoption of digital technology to boost agriculture

The Director General, National Information Technology Development Agency (NITDA), Kashifu Abdullahi, has advocated for integration of digital technology to boost Nigeria’s agricultural sector.

MAN, LCCI others blame recession on coronavirus, #EndSARS crisis

Nigeria has formally entered its second economic recession in five years as the severe impact of the COVID-19 pandemic on global crude oil prices and restrictions imposed to curb the virus caused the nation’s economy to contract for the second consecutive quarter by 3.62 percent in the third quarter of 2020.

Recession: Financial expert seeks aggressive implementation of ESP

Uche Uwaleke, Professor of Finance and Capital Market, has called for early passage of the 2021 Appropriation Bill and aggressive implementation of the Economic Sustainability Plan (ESP), as the country enters recession.
An agritech focussed company, Farmcrowdy Limited (FC), says it is committed to impact 25,000 farmers across Nigeria through its Structured Financing of N5.7 billion.

Agric firm to facilitate N5.7 billion loan for 25,000 farmers

An agritech focussed company, Farmcrowdy Limited (FC), says it is committed to impact 25,000 farmers across Nigeria through its Structured Financing of N5.7 billion.
The requests contained in three separate letters read at the beginning of plenary on Tuesday by the Senate President, Ahmad Lawan. 1

Senator Lawan: Fresh mass protests inescapable if…

Senate President Ahmad Lawan has warned that Nigeria may not escape another mass demonstration in the mode of #EndSARS protest if the Federal Government fails to effectively address youth unemployment.
President Muhammadu Buhari inaugurates APC tripartite committee at the State House on Monday, August 31, 2020.

President Buhari: Farming is the answer for ‘able-bodied’ young Nigerians

President Muhammadu Buhari has reiterated that his administration is very keen on reviving the agriculture sector in order to meet local food demand; and diversify an economy that has been too reliant on crude oil proceeds.
The Minister of Agriculture and Rural Development, Sabo Nanono, made this known in a statement signed by the Director of Information of the ministry, Mr Theodore Ogaziechi, on Sunday in Abuja.

Nigerian government to inject over N600 billion into agriculture for food security – minister

The Minister of Agriculture and Rural Development, Sabo Nanono, made this known in a statement signed by the Director of Information of the ministry, Mr Theodore Ogaziechi, on Sunday in Abuja.
The African Development Bank, AfDB, says it has approved a 70 million dollar loan for a road project in Ebonyi. The bank said on its website on Friday that it would provide $40 million, while its co-financier, the Africa Growing Together Fund (AGTF), would contribute $30 million for the project.

AfDB Group supports Ghana’s coronavirus response plan with $69 million grant

The Board of Directors of the African Development Fund (ADF) on Friday approved a $69 million grant to support Ghana’s efforts to tackle the COVID-19 pandemic and mitigate its socio-economic impact on the nation.

Group advocates stakeholders participation in budgeting on agriculture in Kwara

Mr Abdulrahman Ayuba, Coordinator, Public Financing of Agriculture (PFA) Project, funded by ActionAid Nigeria, has advocated public participation in budgeting for agriculture in Kwara.
The new Chief of Staff to the President, Professor Ibrahim Gambari, has said his primary allegiance would be to President Muhammadu Buhari and not the public.

Nigerian government cuts 2020 budget by N71.5 billion

The Federal Executive Council (FEC) has approved a revision of the 2020 Budget from N10.594 trillion to N10.523 trillion, reflecting a N71.5billion downward review.
Men load sacks of rice among other food aid in a truck, to be distributed for those affected by procedures taken to curb the spread of coronavirus disease (COVID-19), in Abuja, Nigeria April 17, 2020. REUTERS-Afolabi Sotunde

How Africa risks reeling from a health crisis to a food crisis

In Nigeria’s Benue state, the food basket of the country, Mercy Yialase, sits in front of her idle rice mill. Demand is high across the nation, but she already has mounds of paddy rice that are going nowhere amid the COVID-19 lockdown.
Dr Chris Ngige, Minister of Labour and Employment said this while fielding questions on television concerning the time for payment of the new wage.

Ministry, NLC may sanction union over failure to comply with directives

Despite the directives of the Federal Ministry of Labour and Employment, and the Nigerian Labour Congress (NLC), the Agriculture and Allied Employees Union of Nigeria (AAEUN) and the Agriculture and Allied Workers Union (AAWUN) are yet to resolve it differences.

Central bank sanctions four banks over delay in customers’ enquiries

The Central Bank of Nigeria and Financial Reporting Council of Nigeria sanctioned four commercial banks between January and June for various infractions, it was learnt.

Presidency: Muhammadu Buhari has asked NBS to correct statistics on unemployment rate

President Muhammadu Buhari has ordered the Statistician-General of the National Bureau of Statistics, Dr. Yemi Kale, to correct the high unemployment statistics and reflect the rising rate of employment in the agriculture sector.

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UN again warns against nationalism in coronavirus response

Top officials of the UN have underlined the dangers of nationalism in the response to the global coronavirus (COVID-19) pandemic.

Ohaneze elections: Former scribe warns against political interference

Dr Joe Nworgu, former Secretary General of Ohaneze Ndigbo says Ohaneze might lose its potence as voice for Igbos if politicians are allowed to interfere in the January 2021 elections.

Why Boko Haram activities, crime are rising in northeast – Group

Low economic indicators are the main reasons why Boko Haram activities and other related crimes have been on the rise lately in the northeast of Nigeria, a new research group has stated.

#EndSARS: FCT minister receives report on damage assessment

The FCT Minister, Malam Muhammad Musa Bello, has received the report of the Ministerial Committee set up to assess losses and damages occasioned by the #EndSARS unrest in the territory.
Enyimba is not under pressure to carry the hope of the Nation on their shoulders on the continent in the season’s campaign Midfielder Austin Oladapo has said.

Enyimba host Rahimo in CAF Champions League

Enyimba FC of Aba will on Sunday host Rahimo of Burkina Faso in the second leg of the preliminary round of the 2020/21 CAF Champions league.