FMCG

The Central Bank of Nigeria (CBN) on Tuesday said its Anchor Borrowers Programme for the promotion of Agriculture had set the country to begin exportation of rice by 2017.

The News Agency of Nigeria reports that the Anchor Borrowers Programme of the CBN and the Presidential Committee on Rice Production launched in July had jointly set the target.

The Acting Director of Corporate Communications of the apex bank, Mr Isaac Okorafor, said this in Yenagoa at a sensitisation workshop for farmers.

The Chairman, Dangote Group, Aliko Dangote, says 98 per cent of all dairy products consumed in the country are imported.

Dangote made this assertion in Lagos on Monday while addressing some students of the Executive MBA class of the Lagos Business School who visited the Dangote Petrochemical Refinery.

He said that the nation was at the risk of hunger in the next few years if the mass food importation was not checked.

“Ninety-eight per cent of all the milk and dairy products we consume in Nigeria are imported.

The Federal Government has described  attempts by  unscrupulous individuals on social media  linking the government and Dangote group with a plan to ‘flood’ the country with genetically modified rice (GMO) as  extremely uncharitable.

The Consumer Protection Council (CPC) has commenced investigation into the veracity of the recent widely publicised claims of the Nigerian Breweries Plc (NB) regarding the health benefits of beer consumption, alleging that the claims are capable of luring unsuspecting consumers into unwholesome consumption of the product.

Nigerian Breweries had in media reportage of its recent symposium held in Lagos early July 2016 asserted that consumption of beer has many nutritional, health and therapeutic benefits.