Cultivation of Vegetables, Good for Export –Expert

An agriculturist Dr Ikechi Agbugba has called on the Nigerian governments to encourage cultivation of vegetables for exportation.

Agbugba explained that vegetables such as pumpkin leaves, bitter-leaf, water-leaf and others could improve foreign exchange for the nation, Voice of Nigeria reports.

“Key players in these vegetable farming and marketing are mostly women who cultivate them in small and medium scales and Vegetable consumption provides nutritional security for the body.”

Government Urged to Consider Billion Dollar Global Hides, Skin Market

A policy expert, Mr Oseloka Obaze, has called on the Federal Government to consider the nation’s participation in $75 billion global hides and skin market.

He made the call at the 2018 lecture series of the Department of Economics, Nnamdi Azikiwe University, Awka.

Obaze, who is the Managing Director of Selonnes Consults, decried the high consumption of hides and skin against its exportation for national economic gains.

Government Urged to Set Up Cocoa-processing Plant

The Ondo State Commissioner for Commerce, Industries and Cooperatives, Timehin Adelegbe, has urged the Federal Government to use intervention fund meant for cocoa buyers to set up a cocoa processing plant in the state.

Adelegbe gave the advice on Thursday in Akure at a capacity-building programme for dealers in cocoa beans.

The programme was organized by Nigeria Export Promotion Council (NEPC) and had the theme “Repositioning Nigerian Cocoa to attain Global Competitiveness’’.

Anchor Borrowers: CBN Disburses ₦55b to Farmers via Programme

The Central Bank of Nigeria (CBN), says it has disbursed N55 billion to more than 250,000 farmers within two years of implementation of the Anchor Borrowers Programme (ABP).

The Acting-Director, Corporate Communications Department, CBN, Isaac Okorafor confirmed the figure on Wednesday in Abuja during a media briefing on the implementation of the programme.

The ABP was launched in Kebbi State on Nov. 17, 2015, by President Muhammadu Buhari.

Nigeria to Produce Seed Yams for Export

The technical committee on Nigeria Yam Export Programme is working with the University of Agriculture, Umudike and the International Institute of Tropical Agriculture (IITA) to produce seed yams for export.

The committee was charged with the responsibilities of finding markets for Nigerian yams in the world and providing market information on weekly prices of yam at the major marketing centres abroad.

Anchor Borrowers: Over 6,500 Farmers for Dry-Season Rice Farming

No fewer than 6,520 farmers from five North-Central states and Abuja have been selected to participate in this year’s dry season farming under the Anchor Borrowers’ Programme.

Mrs Rabi Emaikwu, Chairman, All Farmers Association of Nigeria (AFAN) in Kogi, disclosed this on Friday in Lokoja at the meeting of the Core Delivery Team (CDT) of the State Partnership for Agriculture (SPA), organised by Synergos Nigeria.

Osinbajo Inaugurates Cashew Factory

Vice President Yemi Osinbajo has inaugurated a Cashew Processing factory, FoodPro Nigeria Limited, in Ilorin.

Osinbajo also inspected the factory on Tuesday after the inauguration. He was delighted with what he saw on ground.

The Vice President who was conducted round the factory by the Chief Executive Officer of the company, Mr. Ayo Olajiga, restated the administration’s resolve to support the private sector with policies that would make business easier.

Dangote sells Nigerian Noodle Plants to Rival for $12m

Dangote Noodles Limited, a unit of Nigerian company Dangote Flour Mills, has sold two production lines to rival pasta maker De United Foods Industries for 3.75 billion naira ($12.26 million), the company said on Tuesday.

De United said it has signed an agreement with Dangote Noodles to buy plants at its Ikorodu and Calabar factories. It would also buy stock worth 383.94 million naira, Reuters reports.

The deal comes after Dangote sold a small stake in its cement business to foreign investors in a one-off stock market deal valued at 27 billion naira.

Bio-fortified Food Varieties Released in Nigeria

Eighteen bio-fortified varieties comprising six vitamin A cassava, eight vitamin A maize, two orange sweet potato and two iron and zinc sorghum, which are bred conventionally, have been released officially in Nigeria.

Dr Paul Ilona, the Country Manager of Harvestplus, an international agricultural organisation, made this known in an interview with the News Agency of Nigeria on Sunday in Ibadan.

“Over two million farmers are estimated to be growing them now,” he said.

According to him, nutritious foods are of immense importance for good health.

Adesina’s Agric Fund for African Youth Balloons to $600K

African Development Bank President Akinwumi Adesina’s agripreneur fund to assist African youths, has increased to $600,000.

Adesina last week after winning the 2017 World Food Prize in Des Moines, Iowa, said he was dedicating the $250,000 cash prize to set up a fund fully dedicated to providing financing for the youth of Africa in agriculture to feed Africa.

Motivated by the 2017 World Food Prize Laureate’s decision, donors have made additional contributions to the fund.