Archives for AGRICULTURE - Page 6
$1.24bn spent on food imports despite FG’s forex ban
Food products imports gobbled up $ of the foreign exchange supplied by the Central Bank of Nigeria from October 2020 to March 2021 despite the ban directive from the President,…
Ekiti targets one million tonnes in two years
By Ngozi Onyeakusi - --- The Ekiti State Government on Sunday said it intends to produce of over one million metrics tonnes of rice within the next couple of years.…
10,000 Farmers to Benefit from Agric Subsidy Scheme in Kwara
Kwara State Governor AbdulRahman AbdulRazaq has said that about 10,000 verified farmers would benefit from the state’s agricultural input subsidy scheme. The initiative is part of efforts to cushion the…
Food sufficiency: Crown Flour Mill pledges support for FG –
A major player in the wheat milling industry in Nigeria and a subsidiary of Olam Group, Crown Flour Mill (CFM), has reiterated its commitment to assist the…
CBN empowers 3.8m farmers through Anchor Borrowers’ Programme
By Ngozi Onyeakusi-----The Central Bank of Nigeria (CBN) on Friday disclosed that million farmers have so far benefited from its Anchor Borrowers’ Programme (ABP). This was disclosed…
Kano onion sellers lament effect of food ban
Some onion farmers and marketers in Kano State are lamenting over the effect of the blockade of food items to the southern part of the country.…
Banks to raise agric loans to 10%
As part of plans to key into the 2021 global economic recovery forecast, the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has pledged the…
FG Seals Pack with Crown Flour Mills to reduce wheat import
The Federal Government on Sunday announced that it had entered into partnership with Crown Flour Mills to reduce the importation of wheat into Nigeria. Minister of Agriculture and…
Food inflation rises 20.6% as price increases persist
Increases in the prices of basic food items continued for the 17th consecutive month, prompting the Food inflation to hit per cent in January, the highest since September…
300,000 MT of Maize for Release February—CBN
By Ngozi Onyeakusi---About 300,000 metric tonnes of maize are soon to be released into the Nigerian market from strategic anchors under the Anchor Borrowers’ Programme (ABP) of the Central Bank…
