Production

A new farmers’ market where Lagosians can buy fresh farm produce at farm gate prices will open at Tafawa Balewa Square (TBS) next Sunday.

In an effort to deepen local content in the petroleum industry, the Nigerian Liquefied Natural Gas (NLNG), on Monday disclosed that the entire installation and construction works of its train 7 project would be executed in Nigeria.

The Federal Government is finalising arrangements to raise about N25 billion through its third green bond issuance.

The Chairman, League Management Company, Shehu Dikko, has revealed that it will be difficult to broadcast live Nigeria Professional Football League matches because of the lack of production capacity from Nigerian television operators.

The Minister of Agriculture and Rural Development, Sabo Nanono, says following federal government’s effort to encourage local production, Nigeria, may stop fish importation in 2022.

Ahmad Suleiman, a lecturer at Ahmadu Bello University, Zaria, has said that lack of patriotism on the part of Nigerians was responsible for the rise in insecurity in the country.

In a bid to make Nigeria self-sufficient in tomato production, Dangote Tomatoes Processing Limited, owned by the younger brother of Africa’s richest man, Sani Dangote, has unveiled a N2.8 billion greenhouse nursery in Kano to supply the best quality tomato seedlings to Nigerian farmers.

The Delta State government said it would partner the Federal Ministry of Science and Technology on Methanol fuel production.

The forum also asked Nigerians to allow the zone to produce the next President, saying that at the moment, the North can not trust both the south east and the south west enough to hand over power to them in 2023.

The Nigerian Stock Exchange (NSE) has expressed optimism that the current recovery at the stock market will be sustained. Its optimism is based on the improved macroeconomic conditions and favourable global economic outlook.

The Delta State Government has engaged 850 unemployed youths as entrepreneurs for its Skills Training and Entrepreneurship Training (STEP) and the Youth Agricultural Entrepreneurs Programme (YAGEP) in the 2019/2020 Programme Cycle.

Lagos State Government on Wednesday empowered 40 youth fish farmers in the sea caging culture system in Afowo Community in Badagry with 40 cages of 1,000 juvenile catfish per cage under the Cage Culture Project, an economical use of open water to develop aquaculture and improve nutrition.

The oil output of the Organisation of the Petroleum Exporting Countries (OPEC) fell in December as Nigeria and Iraq adhered more closely to pledged reductions and top exporter Saudi Arabia made further cuts ahead of a new production-limiting accord, a Reuters survey found.

Gov. Okezie Ikpeazu of Abia has reiterated the state government’s commitment to sustain socio-economic development through implementation of improved policies and programmes in 2020.

Minister of Information and Culture, Alhaji Lai Mohammed on Monday said President Muhammadu Buhari has delivered on his electoral promises, declaring that the administration was at the verge of taking the country to the next level target it promised the people of Nigeria.

The poverty rate in Nigeria could become worse, with up to 30 million more people falling into the extreme poverty trap in the next 10 years, unless Federal Government policy reforms bring about robust productivity and inclusive growth.

In its bid to increase food production and create employment opportunities for the teeming youths, the Ogun State Government has kicked off its Broiler Empowerment Program with the delivery of 54, 000 day-old chicks for 54 beneficiaries.

The Lagos State Government on Wednesday said rice production would start at the Imota Rice Mill at Imota, a suburb in Lagos, by the second quarter of 2020, with a production capacity of 32,000 tonnes per hour.