Group seeks assistance for Bayelsa agric programme

The Permanent Representative of Centre for Convention on Democratic Integrity (CCDI) to the United Nations, Mr. Olufemi Aduwo and Mr. Martien van Nieuwkoop, Global Director of Agriculture at the World Bank, have made an appeal to development agencies to assist Bayelsa State in the area of food production and mechanised aquaculture. The duo, Aduwo and van Nieuwkoop, who are both attending the United Nations and Climate Investment Funds Conference on Agriculture and Sustainable Development Goals attainment in Geneva, Switzerland, stated that the state has good environment for agriculture and food…

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Stakeholders to converge for agric summit

Experts, innovators, trainers and other critical stakeholders in the food and agriculture sector across the West Africa sub-region will converge in Lagos for the maiden edition of the West Africa Agric Show (WASS) in Landmark Center, Lagos. The WASS, according to its Convener, Idowu Asenuga, is aimed at accelerating food revolution in the African continent and offers a platform through which critical stakeholders in the industry, within the region and globally, will meet to share ideas and interface on innovation to reshape the agric sector. Asenuga, who is also the…

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FDI: FG woos investors to agric sector

The Federal Government has said that Nigeria’s agric sector still needs massive foreign direct investment (FDI) from investors that are willing to invest in the sector this year in order to attain food sufficiency and security and African Continental Trade Area (AfCFTA) priorities. Deputy Director, Department of Investment Promotion, Nigerian Import Promotion Council (NIPC), Babagana Imam, make this known at the opening ceremony of Africa Agri Expo Nigeria 2020 in Lagos yesterday. He said the contribution of the country’s agric sector to the gross domestic product (GDP) was yet to…

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Youths tasked to embrace, invest in modern agric

…as varsity graduates 500 students A call has gone to youths to take advantage of the modern technology to embrace and invest in agriculture in order to improve their livelihood and contributed meaningfully to the society. The call was made by the Deputy Director Technical Services, Oyo State Agricultural Development Programme (OYSADEP), Ibadan, Dr. Sosina Adedayo at the fifth convocation lecture of Esep Le Berger University, Cotonuo, Benin Republic, which took place at the St. Charbell Hall of the institution. Adedayo, who delivered the lecture, entitled: “Modern Agricultural Practices: Panacea to…

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Lagos to empower 15,000 youths in agric-business

No fewer than 15,000 jobless youths in Lagos State would be engaged in different value chains of the agricultural sector, the Lagos State Commissioner for Agriculture, Prince Gbolahan Lawal has said. The Commissioner said that the state would train and empower the youths in the next four years, adding that the time frame of the training would be reduced to 6 months from the hitherto one year period, stressing that the aim was to significantly increase the human capacity of the youths involved thereby contributing to food security in the…

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Agric: EU commits £3.5bn to Africa’s private sector

The European Union (EU), has committed the sum of £3.5billion to support existing agricultural investments in Nigeria and other African countries to enhance sustainable market solutions. The Head of EU Delegation to Nigeria, Ketil Karlsen, who made the disclosure at the regional workshop on ‘Climate Finance and Support Mechanisms for a Resilient Agriculture Sector in West and Central Africa’ yesterday in Abuja, said Africa has been considered risky for investors who were reluctant to invest even in existing assets. Represented by Inga Stetanowicz, he noted that the instruments put in…

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Agric biotech club debuts in school

The campaign to change perception about Genetically Modified Organism ( GMO ) and also deepen awareness on agricultural biotechnology has been taken a notch higher with the launch of  ” biotech and biosafety club” initiative in secondary schools in Abuja. The promoters said the club would help to erase negative information about GMO among secondary school students and as well as equip them with relevant knowledge about the benefits of biotech technology. Deputy Director, National Agricultural Biotechnology Development Agency  ( NABDA) and Country Coordinate of Open Forum on Agricultural Biotechnology,…

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‘Recovery in agric, manufacturing sectors to boost economy’

Analysts at ARM Research have predicted that the recovery in both the agriculture and manufacturing sectors witnessed in the first quarter of this year will propel Nigeria’s Gross Domestic Product (GDP) growth over 2019 by 20bps to 2.2 per cent compared with 1.8 per cent last year. The analysts, who stated this in a note obtained by New Telegraph yesterday, also cited the improved activity in the ICT subsector in Q1 19, to boost the country’s economic growth this year. According to them, “coming into 2019, our views on FX…

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Agric group announces merger, invests $12m

Farmcrowdy Group, Nigeria’s first digital agriculture platform, has disclosed that about $12 million have been invested in its agriculture value chain business to boost food security and availability in the country. The company also announced a unification merger of its sister companies in Farmgate Africa and Agricsquare as one entity in order to create a bigger Farmcrowdy in line with its business strategy.     Founder and Chief Executive Officer of Farmcrowdy, Onyeka Akumah, made these known while briefing journalists on major updates of the company’s activities in Lagos recently.…

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Floods to reduce Nigeria’s agric output, farmers warn

  Unless the Federal and State governments intervene, volume of Nigeria’s agricultural output is bound to reduce significantly this year, following on-going rainfall that has resulted to flooding across the county, agric stakeholders have warned. Chairman, All Farmers Association of Nigeria (AFAN), Lagos State chapter, Otunba Femi Oke disclosed this to New Telegraph in Lagos. He said that this year’s flood is set to bring poor harvests in many agricultural crops in the country due to droughts, which delayed plantings at the start of the 2019 season. He noted that…

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