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World food prices rose strongly in November, lifted by big jumps in prices of meat and vegetable oils, in spite of slightly lower cereals prices, the UN food agency said on Thursday.
Senator representing Nasarawa West Senatorial District, Adamu Abdullahi, has appealed to President Muhammadu Buhari, to resist pressure on him to open the nation’s land borders for now.
In line with the Central Bank of Nigeria (CBN) policy to discourage the importation of milk, four dairy products manufacturers have commenced the process for the local production of milk, an official has said.
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.
The consumer price index (CPI) which measures inflation went down marginally by 0.06 percent points lower than the 11.08 percent recorded in July 2019 to 11.02 percent (year-on-year) in August 2019.
The Nigerian Association of Small Scale Industrialists (NASSI) has said that forex restriction on imported dairy products would uphold indigenous companies into milk processing and spur local production.
“Our focus remains ensuring forex savings, job creation and investments in the local production of milk. For the avoidance of doubt, milk importation is not banned. Indeed, the CBN has no such power. All we will do is to restrict sale of forex for the importation of milk from the Nigerian foreign exchange market.”
The Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN), in a statement, condemned the CBN’s planned policy restricting allocation of foreign exchange (FOREX) for milk importation into Nigeria.
Former Education Minister and Vice-President of the World Bank’s Africa division, Oby Ezekwesili, and other Nigerians expressed concerns about the addition of milk to planned to list of items banned from accessing the official foreign exchange market.
World food prices declined in November 2018 to their lowest level in over two years, led down by much weaker vegetable oil, dairy and cereal prices, the United Nations food agency said on Thursday.
Rwanda has banned importation of meat, dairy products, vegetables and fruits from South Africa over listeriosis viral disease, a statement said this week.
Huawei will stop making its flagship Kirin chipsets next month, financial magazine Caixin said on Saturday, as the impact of U.S. pressure on the Chinese tech giant grows. U.S. pressure on Huawei’s suppliers has made it impossible for the company’s HiSilicon chip division to keep making the chipsets, key components for mobile phone, Richard Yu, CEO of Huawei’s Consumer Business Unit was quoted as saying at the launch of the company’s new Mate 40 handset.
The Federal House of Representatives, in it’s oversight function, has uncovered many power projects, put together at the cost of N156 billion, that are being abandoned or are yet to be completed by the Transmission Company of Nigeria (TCN).
The Biafra Nations Youth League, BNYL, on Saturday, warned Miyetti Allah Kautal Haure not to allow the Fulani Security group to operate in the Southeast and Southsouth to avoid bloody confrontation by both groups.
Barely a week after President Muhammadu Buhari’s closest ally and nephew, Malam Mamman Daura, spoke against zoning of presidency ahead of the 2023 election, Kaduna Governor Nasir El-Rufa’i has said the next President should come from the South.
Mr Ibrahim Odumboni, Acting Managing Director, Lagos State Waste Management Authority (LAWMA), said the authority arrested 13 cart pushers and seized 29 carts for violating environmental laws of the state.
Serie A side Napoli have identified Villarreal winger Samuel Chukwueze as a summer transfer target should their bid for Sassuolo winger Jeremie Boga falls through.
The Asset Management Corporation of Nigeria (AMCON) Managing Director/Chief Executive Officer, Ahmed Kuru, attested to the efficacy of the processes of receivership and winding up procedures as amended in the 2019 AMCON Act, which President Muhammadu Buhari signed into law last year.
NDDC invites President Buhari to commission signature project, stands by list Senator Akpabio submitted...
The Niger Delta Development Commission, NDDC, has invited President Muhammadu Buhari to commission the 29-kilometre Ogbia-Nembe Road in Bayelsa State. The road, built in conjunction with the Shell Petroleum Development Company, SPDC, creates a land link to the ancient city of Nembe for the first time.
Chris Smalling has thanked Roma's fans while expressing how "gutted" he is to be returning to Manchester United before the end of the Italian club's Europa League campaign.
Edo state deputy governor Comrade Philip Shaibu on Tuesday, said the current administration of Governor Godwin Obaseki restored the pride and dignity to Edo people through the administration’s focus on development.