The Central Bank of Nigeria (CBN), in its bid to moderate and control the prices of maize in the Nigerian market, has approved the release of 50,000 metric metric tonnes of maize to 12 major producers, from strategic maize reserve (SMR) under the Anchor Borrowers’ Programme (ABP). The release of...
In a renewed move to address the rising cost of food prices in the Nigerian market, the Central Bank of Nigeria (CBN) and the Rice farmers Association of Nigeria (RIFAN) have concluded plans to distribute 27,000 metric tonnes of rice paddies directly to millers nationwide on Thursday, June 24,...
The Minister of Agriculture and Rural Development, Alhaji Muhammad Sabo Nanono has revealed that the Ministry recently launched an online portal to ensure efficient and effective monitoring of Federal Government intervention in the Agric sector. He disclosed this while speaking at the opening ceremony of the 44th council meeting of...
The Federal Government of Nigeria through its ministry of agriculture has started rolling out strategies to alleviate iminent hunger in the face of the Covid-19 pandemic and insecurity. Dr. Ernest A. Umakhihe, Permanent Secretary of the Ministry, disclosed this while declaring open the 44th Regular Meeting of the National Council...
...As ACCI Issues Policy Brief On Dairy Sector The Federal Government is working hard to resolve the farmer/herder crisis through the revival of gracing reserves in 21 out of the 36 states of the federation. This disclosure was made by the Minister of Agriculture, Sabo Nanono during a webinar on Nigeria...
The Minister of Agriculture and Rural Development, Alhaji Muhammad Sabo Nanono has advocated for a more strategic partnership and robust collaboration with stakeholders in the fertilizer industry. He made this known over the weekend, during a working visit to the facility of Indorama Eleme Fertilizer and Chemicals Limited (IEFCL), located...
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has tasked Governors of the 36 States of Nigeria to make their States more viable by investing more in agriculture, particularly crops in which they have comparative advantage. Mr. Emefiele dropped the challenge in Port-Harcourt, on Thursday, May...
The Federal Ministry of Agriculture and Rural Development has justified why it awarded 30million naira for a mosque construction in Borno State. In a statement signed yesterday by Mr. Theodore Ogaziechi, the ministry's Director of Information, it said their attention was drawn to an online publication alleging that they (FMARD)...
...Tasks Stakeholders On Food Security The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has denied claims in certain quarters that the Bank’s targeted interventions in the agricultural sector are tilted in favour of a certain section of the country. Mr. Emefiele made the clarification in Ado-Ekiti, Ekiti State, on...
The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has urged youths in Nigeria to embrace agriculture, declaring the Bank’s readiness to support youths that are willing to engage in agriculture. This is even as the Governor reiterated the Bank’s opposition to the importation of maize into Nigeria. Mr....