New study identifies Nigeria as leading seed hub in Western and Central Africa

April 18, 2019April 18, 2019 - by Press Release - Leave a Comment

Nigeria-based Value Seeds tops the rankings in new research on seed companies operating in Western and Central Africa. However, the overall picture is one of international and African seed companies falling short in delivering quality seed and new varieties to smallholder farmers. This limits the potential to address food security, nutrition and climate resilience, according to a new study by the Amsterdam-based Access to Seeds Foundation.

Agriculture

Ogbeh says Nigeria now produces 90% of rice it consumes

April 16, 2019April 16, 2019 - by Prince Okedinachi - Leave a Comment

WorldStage Newsonline—-Nigeria’s Minister of Agriculture and Rural Development, Chief Audu Ogbeh, on Tuesday expressed satisfaction that Nigeria was now producing 90 per cent of the rice it consumed locally.

Agriculture

Nigeria: FG promises to finalise BoA recapitalisation in 90 days

April 16, 2019April 16, 2019 - by Luke Ajulo - Leave a Comment

WorldStage Newsonline— As part of efforts to create access to credit facilities for farmers, the Federal Government has promised to finalise the recapitalisation of the Bank of Agriculture (BoA) in 90 days, in collaboration with the Bureau of Public Enterprise (BPE).

Agriculture

Nigeria: FG to begin payment of N10.3 bn debt to Agro-dealers

April 16, 2019April 16, 2019 - by Innocent Senyo - Leave a Comment

WorldStage Newsonline—-The Federal Government has concluded plan to begin the payment of the N10.3 billion debt owed Agro-dealers in the country.

Agriculture

We are establishing agro-farm markets in major cities – Anambra Govt.

April 15, 2019April 15, 2019 - by Emeka Nwulu - Leave a Comment

WorldStage NewsOnline—As part of efforts to encourage farmers to sell their produce and boost agriculture in Anambra State, the State’s Government has announced plans to establish agro-farm markets in major cities across the state.

Agriculture

MAN to provide inputs for 15,441 maize farmers in Katsina

April 15, 2019April 15, 2019 - by Mos Abaka - Leave a Comment

WorldStage Newsonline—-As part of efforts to boost Maize farming in Katsina State, the Maize Growers Association of Nigeria (MAN) on Monday said it would distribute farming inputs to 15,441 members in the state.

Agriculture / Nigeria

Anchor Borrowers Programme: CBN disburses N174.48 bn in four years

April 12, 2019April 12, 2019 - by Segun Odunewu - Leave a Comment

WorldStage Newsonline—-In a bid to boost farming in the country, the Central Bank of Nigeria (CBN) says it has so far cumulatively disbursed N174. 48 billion through 19 financial institutions under its Anchor Borrowers Programme since 2015.

Agriculture

Agriculture: Edo Govt. to invest N2.2bn CBN loan on crop production

April 11, 2019April 11, 2019 - by Edo Dogwu - Leave a Comment

WorldStage NewsOnline—-As part of efforts to enhance farming in Edo State, the State’s Government has announced plan to invest N2.2 billion from the Central Bank of Nigeria (CBN)’s N5 billion loan secured under the Anchor Borrowers’ Programme on crop production in the state.

Agriculture

10,000 farmers to benefit from World Bank’s APPEALS project in Kaduna

April 11, 2019April 11, 2019 - by Odimmegwa Johnpeter - Leave a Comment

WorldStage Newsonline—-The World Bank through its Agro-Processing, Productivity Enhancement and Livelihood Improvement Support Project (APPEALS) has announced plan to support no fewer than 10,000 small holder farmers in Kaduna State.

Agriculture / Money Market / Small Business

CBN’s direct intervention in economy aims to boost real growth – Okorafor

April 10, 2019April 10, 2019 - by News Agency Of Nigeria - Leave a Comment

The Central Bank of Nigeria (CBN), says it is directly involved in financing agriculture, infrastructure and Micro Small and Medium Enterprises (MSMEs) to ensure real growth in the economy.