Agric growth slows to 1.30% in Q3 on production shortfall
Nigeria’s agricultural growth slowed to 1.3 percent in the third quarter of 2023 on declining farmers’ productivity. On a year-on-year basis, data from the National Bureau of Statistics show that growth in the sector slowed by 0.04 in the third quarter from 1.34 percent recorded in
Read More
Obasanjo decries removal of FX ban on poultry products
…as annual production gap hit 675,000mt Former President Olusegun Obasanjo has decried the recent move of the Central Bank of Nigeria, to lift the ban which restricted importers of 43 items, including poultry products from accessing foreign exchange for importation. Speaking at the 2023 poultry summit
Read More
Oyo sets procedure for poultry farmers to avert zoonotic diseases
Oyo State government has set up standard operating procedures (SOP) for poultry processing farmers to avert zoonotic diseases in the pacesetter state. The regulations will cover all aspects of poultry processing, from procurement of chicken to slaughtering, as well as transportation and packaging. Olasunkanmi Olaleye, commissioner
Read More
Making millions from seafood business
Seafoods are animals and plants obtained from bodies of water such as the sea, rivers, lagoons and oceans. The truth, however, is that not every animal or plant in the water is edible, as some are found to be poisonous! Also, the kind of seafood eaten
Read MoreFirms partner to build capacity of agricultural players with ISP membership
Foremost Development Services Limited in partnership with Agrinexus Group of Companies is set to launch the Incorporated Society of Partners (ISP) for stakeholders in the agricultural sector to grow and develop their capacities. The partnership is also to support Nigeria’s quest to fast-track economic diversification through
Read More
Sanwo-Olu inaugurates food hub to tackle inflation, post-harvest losses
…launches N750m funding for 15,000 traders Babajide Sanwo-Olu, Lagos State Governor, has inaugurated the newly constructed middle-level food agro-hub in Idi-Oro, Mushin, aimed to proffer a new way of food distribution in the state and tackle rising food costs as well as address post-harvest losses. Sanwo-Olu
Read More
Chidozie Anyiro: Transforming Africa’s agribusiness through cutting edge research, insights
In over a decade of transforming agrifood systems across Africa, Chidozie Onyedikachi Anyiro has been demonstrating remarkable expertise, showcasing unparalleled skills in spearheading large-scale agricultural initiatives and managing projects worth over $2 billion. As an Agriculture Economist at The World Bank’s Agriculture and Food Global Practice
Read More
Naira redesign policy crushed farmers – Agric Minister
Abubakar Kyari, minister of Agriculture and Food Security, on Monday said the naira re-design policy of the Central Bank of Nigeria (CBN) made farmers bankrupt. The Federal Government has hence attributed the financial distress of farmers to the redesign policy implemented during the previous administration. In
Read More
Nigeria – Agriculture Sector
Overview Nigeria relies on $10 billion of imports to meet its food and agricultural production shortfalls (mostly wheat, rice, poultry, fish, food services, and consumer-oriented foods). Europe, Asia, the United States, South America, and South Africa are major sources for agricultural imports. The government of Nigeria
Read More