Monday, September 16, 2019

Tag "agriculture"

    Some people demarketing our state for selfish reasons, says Amosun on rumour of fake rice

Some people demarketing our state for selfish reasons, says Amosun on rumour of fake rice

Ibikunle Amosun, Ogun state governor, has described as “mischievous” reports that the bags of rice recently displayed by the state government is fake.Some critics of the current administration in the state had said the rice pyramid recently mounted by the government is mixed with sands.They also said the Mitros rice locally produced by the state is not available for sales [...]

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    Nigeria to export 5,760 tonnes of yams in 2018

Nigeria to export 5,760 tonnes of yams in 2018

The Technical Committee on Nigeria Yam Export Programme says it is targeting to export about 480 tonnes of yams per month in 2018.Simon Irtwange, chairman of the committee, said the United States has requested for the supply of five containers monthly, which amounts to 120 tonnes of yams monthly, while there are demands from other countries as well.Speaking in Abuja [...]

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    Nigeria strides into Q4

Nigeria strides into Q4

Nigeria displayed its resilience in the global arena on repeated occasions this year, by confronting a currency crisis, navigating depressed oil prices and rebounding from an economic deceleration.With the nation currently in the process of recovering from its worst slump in 25 years, despite the headwinds created from both external and internal risk, the overall outlook remains highly encouraging.Annual [...]

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    Majority of those who went for hajj this year are farmers, says Osinbajo

Majority of those who went for hajj this year are farmers, says Osinbajo

Vice-President Yemi Osinbajo says majority of those who went for hajj this year are farmers.Hajj, one of the five pillars of Islam, is a pilgrimage to Mecca. All Muslims are expected to make at least once during their lifetime if they can afford to do so.In an interview with Zain Asher, a CNN journalist, the vice-president said farmers could afford [...]

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    Ebonyi to partner with 50,000 farmers ‘to eradicate hunger’

Ebonyi to partner with 50,000 farmers ‘to eradicate hunger’

The Ebonyi state government says it will partner with over 50,000 farmers to boost agriculture and the state's internally generated revenue (IGR) before the end of the year.David Umahi, governor of the state, said this over the weekend when he received Zero Hunger Forum, an international group, in Abakaliki, the state capital.He said apart from the farmers, 8,000 civil servants [...]

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    Buhari: In a country of over 450 ethnic groups, only God can do it

Buhari: In a country of over 450 ethnic groups, only God can do it

President Muhammadu Buhari on Tuesday admitted the challenges of the multiplicity of ethnic groups in the country.Speaking at the inauguration of Edo State University, Iyamho, in Etsako West local government area of the state, Buhari said Nigeria made itself a mono-economy by "throwing away everything for petroleum."Buhari also declared that multiparty system remained the best option in Nigeria’s democracy considering [...]

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    ALERT: Locusts from Niger threaten Nigeria’s food security

ALERT: Locusts from Niger threaten Nigeria’s food security

The federal government has alerted farmers of locusts and quelea birds coming into the country from Niger Republic..Audu Ogbeh, minister of agriculture and rural development, gave the warning in Abuja during an emergency meeting with commissioners for agriculture from 24 states.Ogbeh expressed fear that the current hunger in the country would further be exacerbated if the alert from Niger was [...]

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    Nigeria to become Africa’s largest rice exporter ‘in 5 years’

Nigeria to become Africa’s largest rice exporter ‘in 5 years’

The minister of agriculture and rural development, Dr Akinwumi Adesina, has projected that Nigeria would become Africa's largest exporter of rice in five years.Adesina spoke on Monday during the inaugural ceremony of the 105,000-tonne capacity Olam Rice Mill in Rukubi, Nasarawa State.He said that the federal government, in collaboration with the private sector, was determined to make the country a [...]

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    Hunger deadlier than AIDS

Hunger deadlier than AIDS

Today, being the World Hunger Day, offers a reminder on the importance of food to healthy living, and the need to continue exploring all possibilities for eradicating hunger in the world.Millennium Development Goal 1, for example, seeks to "eradicate extreme poverty and hunger',' or by 2015 at most, reduce by half, the population of people living in hunger.So, how well has this been achieved?Taking [...]

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    Shema: Agriculture is a must-do enterprise

Shema: Agriculture is a must-do enterprise

To break the circle of unemployment in Nigeria and open the "window of opportunities" for young entrepreneurs, Agriculture must be taken as a must-do enterprise.Speaking on Friday in Abuja at the ongoing World Economic Forum on Africa (WEFA), Governor of Katsina State, Ibrahim Shema, said the time has come for Nigeria see Agriculture as a major economic venture, as the sector can only [...]

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    Jonathan: Private jets show Nigeria is not poor

Jonathan: Private jets show Nigeria is not poor

 President Goodluck Jonathan has faulted the World Bank report which placed Nigeria among the five poorest countries in the world, saying "the nation is not poor"."If you talk about ownership of private jets, Nigeria will be among the first 10 countries, yet they are saying that Nigeria is among the five poorest countries," he said.Addressing workers at the May Day [...]

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    Nigeria’s tight monetary policy ‘taming inflation’

Nigeria’s tight monetary policy ‘taming inflation’

African Development Bank (AfDB) says Nigeria's tight monetary policy contributed immensely in pegging the inflation at eight per cent in the third quarter of 2013.The country has been managing its key rates - lending, inflation and exchange - to keep liquidity under control.AfDB inflation analysis is contained in the bank's bimonthly Economic Review on Nigeria.The report said the single digit [...]

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Exchange Rates

September 13, 2019USDGBPEUR
INTERBANK306397354
LAGOS362475413
KANO361474413
PH361475412
ABUJA362476413
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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