Production

Dr Benson Alfred Bana, High Commissioner of Tanzania in Nigeria, on Thursday called for stronger trade cooperation and diplomatic relations between Nigeria and his country.

The Department of Petroleum Resources (DPR) says it generated a total sum of N742,471,639,376. 96 billion for the Federal Government from January to August 2020.

An Agricultural Economist, Mr Bright Okwu, has urged the Central Bank of Nigeria (CBN) to include Egg Powder imports to be among the items banned from accessing Foreign Exchange (FOREX).

The Federal Government said on Thursday that the country “is not ready for full-scale re-opening of the economy.”

Sales of Zimbabwe’s tobacco, the second largest foreign currency earner, fell 23.52% to 178.7 million kilograms this year, official data showed on Monday, after production was affected by lower rainfall.

The Federal Government has expressed its determination to continue funding the 2020 budget to ensure that the economy recovers as projected, even as the country’s Gross Domestic Product (GDP) contracted by -6.10 percent in the second quarter of 2020.

Mrs Abimbola Fagoyinbo-Francis, the Secretary, All Farmers Association of Nigeria (AFAN), Lagos State chapter on Friday called on the Federal Government to urgently intervene in cassava farming in the country.

The Lagos State Government on Thursday said it would collaborate with the Federal Government on investment in marine resources, to boost agriculture.

The Russian Direct Investment Fund (RDIF) said on Wednesday that the production of Russia’s coronavirus vaccine, dubbed Sputnik V, for Kazakhstan would be carried out by one of its international partners.

The Bauchi State chapter of Association of Master Bakers says the rising cost of production of bread might force it to increase the price of the product by 20 per cent.

A group of agricultural experts, Nigerian Forum for Agricultural Advisory Services (NIFAAS), has called for boosting of the livestock sub-sector amidst COVID-19 pandemic challenges plaguing it.

The Economic Community of West African States (ECOWAS) has donated about 4,000 tonnes of food items to Nigeria as palliative for vulnerable households, in order to mitigate the effects of the COVID-19 pandemic.

Australia recorded a further 17 new COVID-19 deaths on Sunday but infections in the hard-hit state of Victoria, the site of all the latest deaths, are showing a downward trend, authorities said on Sunday.

Mr Muminu Badmus, Managing Director, Lagos Water Corporation (LWC), said on Saturday that successful repair of Iju water works had improved service delivery to Lagos residents.

The Federal Executive Council (FEC), which gave the approvals sequel to a memorandum presented to it by the Minister of Works and Housing, Mr. Babatunde Fashola, SAN, also directed the Ministries of Petroleum Resources and Mines and Steel to develop strategies to enhance, stimulate and encourage local production.

Financial experts on Tuesday expressed concerns on the country’s rising inflation rate currently at 12.82 per cent, and called for stabilisation of the exchange rate.

Gabon on Monday marks 60 years since it gained independence from France, and yet a glance around the capital Libreville begs the question whether it has ever made a clean break from the former colonial ruler.

The Lagos State Film and Video Censors Board (LSFVCB) has issued a 30-day notice on content producers in Nigeria to duly register their contents with the body.