Nigeria

Floods Ravage Kwara Rice Farms: Millions Lost, Government Steps In

Massive floods in Patigi and Shonga areas of Kwara State have wreaked havoc on rice farmlands, leading to losses worth millions of naira and throwing communities into despair. In Patigi’s Sanchita village, farmers like Idris Mohammed and Mohammed Usman described the devastation caused by floods resulting from water released from the Jebba Dam. The calamity […]

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FG earmarks N127.27bn for agric intervention fund

The Federal Government has unveiled a plan within the proposed 2025 budget, allocating N127.27 billion to drive fertilizer production and enhance food security. This strategic intervention reflects the government’s renewed commitment to curbing inflation, bolstering farmers’ incomes, and ensuring sustainable food supply chains. According to details of the budget, Nigeria’s fertilizer sector is on the

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Nigeria, Saudi target deals in energy, agric sectors

President Bola Ahmed Tinubu and Saudi Crown Prince Mohammed bin Salman have agreed to explore ways to bolster Nigeria’s economy through energy, agriculture, and infrastructure.                        They also considered establishing a Nigeria-Saudi Business Council to drive bilateral ties between the two oil-producing nations. The two leaders resolved on these at the sidelines of the Joint Arab-Islamic

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Nigeria eyes 1,500MW renewable boost with new REA, Afnani MoU

The Rural Electrification Agency (REA) has signed a Memorandum of Understanding (MoU) with Anfani Energy Limited to catalyze funding and technological innovation for the implementation of 1,500MW renewable energy projects in the next three years. The Federal Government has already provided $ 750 million to attract $ 1.1 billion in funding from private investors for

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Federal Government to Empower 600,000 Farmers in Major Food Production Drive to Tackle Inflation

The Federal Government is scaling up efforts to boost food production. It plans to support 600,000 farmers in the cultivation of about one million hectares. It plans to promote the cultivation of wheat next month, and which planting of rice has been scheduled for January and February 2025. Speaking at the Nigerian delegation’s briefing at

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South West States Mull Farmer’s Mart To Tackle Food Insecurity

As part of measures to tackle the problem of food insecurity, South – West states have said they are considering establishing a farmer’s market, where farm produce will be sold at cheaper prices to the people. The Region’s president of the Chambers of Commerce, Industry, Mines and Agriculture, Chief Wole Akinwande, revealed this on Monday

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President Tinubu Praises NIPCO for Investments in Nigeria’s CNG Sector

In a statement made available today October 22, 2024 by Bayo Onanuga, the Special Adviser to the President on Information & Strategy said President Bola Ahmed Tinubu, GCFR has commended NIPCO for its significant investments in Nigeria’s Compressed Natural Gas (CNG) sector. During a meeting with the company’s executives at the State House in Abuja,

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BREAKING: Fed Govt Set Up Disaster Relief Fund

This was made available on September 23, 2024, on news reports of the Veracity Newsdesk that the Federal Government of Nigeria has established a disaster relief fund to address disasters such as flooding. This was disclosed to journalists on Monday by Minister of Finance and Coordinating Minister of the Economy, Wale Edun, at the State

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