Agric Business

MEDIATRACNET The Federal Government has lifted millions of Nigerians out of poverty, create jobs, reduce reliance on imported food and ensured food security through the Anchor Borrowers’ Programme (ABP), President Muhammadu Buhari has said. The President spoke at the official unveiling of the Rice Farmers Association of Nigeria (RIFAN) rice…

MEDIATRACNET The International Institute for Tropical Agriculture (IIITA) has already harvested the first fruit from its rapid multiplication of yam seedlings initiative under the Yam Improvement for Income and Food Security in West Africa (YIIFSWA). The leader of the Project, Norbert Maroya, disclosed on Friday at the Yam Field Day…

MEDIATRACNET President Muhammadu Buhari has inaugurated the first National Agriculture Land Development Authority (NALDA) Integrated Farm Estate in Suduje Daura, Katsina State, with a pledge that Nigeria, under his watch, will achieve food security. Performing the inauguration on Monday, July 19, 2021, President Buhari reiterated his administration’s commitment to the…

MEDIATRACNET   Dangote Group subsidiaries – Dangote Cement Plc and Dangote Fertiliser Limited have acquired a total of 2,500 trucks to help address  their products distribution challenges. Group Executive Director – Logistics & Distribution, Dangote Industries Limited, Abdu Dantata, said on Sunday in a statement that Dangote  Cement acquired 2,000…

MEDIATRACNET NIRSAL Microfinance Bank (NMFB) has clarified the controversy surrounding alleged diversion of N5million loan approved for a customer under the Agri-Business Small & Medium Enterprises Investment Scheme (AGSMEIS). The Bank clarified on Thursday that rather than a case of diversion of the loan, the controversy was as a result…

States can stop relying on monthly allocations from the Federation Account if they invest more in agriculture, particularly crops in which they have comparative advantage, the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, said on Thursday. Emefiele who spoke in Port-Harcourt, Rivers State at the unveiling of…

African Export-Import Bank (AFREXIMBANK) has announced the commencement of the construction of the Africa Quality Assurance Centre (AQAC) in Ogun State. The Centre would be a state-of-the-art facility with the capacity to offer testing, certification, inspection, and training services covering agricultural products. The first in a series of Quality Assurance…

Interventions in the agricultural sector under the Anchor Borrowers’ Programme (ABP) are not all about rice production, Central Bank of Nigeria (CBN), Godwin Emefiele, has said. Emefiele said such interventions were expanded to cover over 21 other crops across the country, including maize, wheat, soybeans, cassava, sorghum and cassava. He…