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The Central Bank of Nigeria (CBN) has urged the leadership of the National Cotton Association of Nigeria (NACOTAN), to prevail on the 30, 000 cotton farmers in Kano state who benefited from the Anchor Borrower programme to ensure prompt payment of the loan facility.
The $57 oil benchmark adopted by the Federal Government in the 2020 budget may be unrealistic as the Central Bank of Nigeria (CBN) has called for its downward review.
CBN Governor, Mr. Godwin Emefiele, announced the measures in Abuja while speaking at a meeting with State Governors of Cassava Producing States and the signing of the Memorandum of Understanding between Cassava Growers Association and Large Scale Cassava Processors.
This came as the Chief Executive Officer of the Pacific Ring West Africa Limited, producer of Cassanovas Chips, Thomas Hirsch, said he decided to site his factory in Nigeria since the country is the major producer of cassava in the world.
The Federal Ministry of Agriculture and Rural Development (FMARD) has charged various farmers Associations in Kebbi State to converged under the umbrella of All Farmers Association (AFAN) for proper interventions and regulations by federal government.
Nigeria’s closure of its land borders will increase industrial use of cassava and other local agricultural produce, the National Cassava Processors and Marketers Association (NCAPMA) has said.
Nigeria’s National Seed Council (NSC) has now emerged the dominant force in the West Africa seed industry, controlling about 70 percent of the agricultural seeds used in the sub-region.
The International Institute of Tropical Agriculture (IITA) on Friday unveiled digital tools that are helping to transform farming, improving yield and livelihoods of farmers.
The Minister of Industry, Trade and Investment, Otunba Richard Adeniyi Adebayo, has said the Federal Government will welcome long-term agribusiness activities coming from Russia to Nigeria.
Former President Olusegun Obasanjo has called on the Democratic Republic of Congo (DRC) to invest in agriculture, particularly cassava, soybean, cowpea and plantain to help Africa cut down annual food imports estimated at $50billion.
Nigeria has lost about $10 billion (about N3.6 trillion) over the past five decades in non-oil export opportunities, comprising crops such as cocoa, oil palm, cotton and groundnut.
CropIT Nigeria Limited (CropIT) in partnership with the International Institute of Tropical Agriculture (IITA) have concluded plans to launch a robust digital platform that will impact more than 5,000,000 farmers and over 100,000 agricultural extension officers.
The Central Bank of Nigeria (CBN) and governors of the 36 states of the federation on Thursday agreed to pool resources to develop the agricultural potentials in their domains and create jobs.
Governor Dapo Abiodun of Ogun State, has written the the state House of Assembly seeking approval to access a concessionary loan of N1.5billion from the Central Bank of Nigeria (CBN) for the Anchor Borrowers’ Programme with a single-digit interest rate.
The Managing Director of Bank of Agriculture (BOA), Malam Kabir Adamu, has said that the Bank disbursed N84 billion to farmers during the Anchor Borrower Program (ABP) of the Central Bank of Nigeria (CBN).
Ogun State Governor, Mr. Dapo Abiodun has unveiled the State Anchor Borrowers’ Scheme, signaling the commencement of an agricultural revolution in the state.
President, Federation of Agricultural Commodity Association of Nigeria, Dr. Victor Iyama, says millers’ penchant for wheat in bread production continue to militate against realisation of calls for cassava bread production in Nigeria.
Member representing Langtang North and South Federal Constituency of Plateau State in the House of Representatives, Hon. Beni Lar, said massive production and processing of cassava and tomatoes preservation will battle poverty and insecurity among Nigerians.
Gov. David Umahi of Ebonyi on Friday, presented a budget of N178.1 billion for 2020 to the state House of Assembly.
The National Chairman of All Progressives Congress (APC), Adams Oshiomhole, has denied reports that he was placed under house arrest in Edo.
The Abuja Electricity Distribution Company (AEDC), says customers in parts of Central Area, Abuja will experience power interruption on December 14 and 15 due to maintenance of its facility. .
Sunshine Stars head coach Kabiru Dogo may dump the Akure club in the coming days, revealed a source close to the gaffer.
Super Eagles striker Victor Osimhen missed a late penalty but it was not enough to prevent Lille from beating visiting Montpellier 2-1 On the French Ligue 1 on Friday night.
Femi Adesina, presidential spokesman, says as a sovereign nation, Nigeria is not be bothered about the reports from the United States, United Kingdom and European Union as regards abuse of human rights issues.
The Nigeria Weightlifting Federation (NWF), says it has selected five lifters to represent the country at the 6th International Qatar Weightlifting Cup slated for December 19 to 24 in Doha.
Manchester United star Marcus Rashford reportedly made contact in the past with Barcelona despite his obvious loyalties to his boyhood club.
Apple Inc’s iPhone shipments in China fell more than 35% in November, marking their second straight double-digit decline as sales of the cheaper iPhone 11 remained sluggish, brokerage Credit Suisse said on Thursday.
Benue State Governor Samuel Ortom has described the death of renown evangelist Reinhard Bonnke as a big blow to christendom and the entire world.