Monday, April 22, 2019

Tag "Audu Ogbeh"

    INFOGRAPHICS: Thailand’s rice export to Nigeria drops dramatically — but increases in Benin Rep

INFOGRAPHICS: Thailand’s rice export to Nigeria drops dramatically — but increases in Benin Rep

Rice exports from Thailand to Nigeria dropped from 1.23 million metric tonnes in 2014 to 23,192mt as at November 2017.According to data on the Thai Rice Exporters Association website, the value of these exports dropped to 324 million Thai baht (฿) from 8.2 billion Thai bhat (฿).Curiously though, Nigeria's neighbours, Republic of Benin, recorded an increase in rice imports from [...]

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    Ogbeh: Agriculture has created over 6m jobs under Buhari

Ogbeh: Agriculture has created over 6m jobs under Buhari

Audu Ogbeh, minister of agriculture and rural development, on Monday said agriculture sector has created six million jobs in the in the last two years.The minister was reacting to reports that over four million jobs had been lost in over two years of President Muhammadu Buhari in power.He explained that the six million jobs were created both on and off farms [...]

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    US rejects Nigeria’s yam over ‘poor quality’

US rejects Nigeria’s yam over ‘poor quality’

Audu Ogbeh, minister of agriculture, says the US rejected yam exports from Nigeria because of their poor quality.In June, Nigeria exported yams to China, United Kingdom and US as part of efforts to reduce dependence on oil and increase income from the agricultural sector.Despite laying claim to not less than 60% of the world's yam production, Nigeria does not [...]

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    HURRAY! Rice to sell for N6,000 per bag

HURRAY! Rice to sell for N6,000 per bag

Aminu Goronyo, national president, Rice Farmers Association of Nigeria, says in the next few months, a 50kg bag of rice will be sold at the rate of N6000.Goronyo made this statement on Wednesday on the sidelines of a meeting between rice farmers, processors and Audu Ogbeh, minister of agriculture, at the ministry's headquarters in Abuja.He attributed the anticipated crash in [...]

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    EXTRA: Nigerian cows are the worst milk producers in the world, says Ogbeh

EXTRA: Nigerian cows are the worst milk producers in the world, says Ogbeh

Audu Ogbeh, minister of agriculture and rural development, says cows raised in Nigeria are the worst milk producers in the world.Speaking at the 79th anniversary of Ikoyi Club 1938 in Lagos on Thursday, he said Nigerian cows produce far less quantity of milk than their counterparts in other parts of the world.Ogbeh said while cows in other countries could produce [...]

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    FG to provide security, insurance for cattle farmers

FG to provide security, insurance for cattle farmers

Vice-President Yemi Osinbajo says the federal government has formed a new security outfit to protect investment in agricultural sector including cattle.Osinbajo made this known while speaking at a 3-day national conference on the transformation of the livestock industry holding at the International Conference Centre in Abuja.The vice-president, who was represented by Audu Ogbeh, minister of agriculture and rural development, said [...]

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    Ogbeh: Export of yam to UK, US won’t lead to scarcity

Ogbeh: Export of yam to UK, US won’t lead to scarcity

Audu Ogbeh, minister of agriculture, says Nigeria’s export of yam to the UK and the US will not lead to a scarcity of the crop.He said Nigeria does not consume all the yam it produces, and that most of it end up as waste.Speaking with state house correspondents after the federal executive council (FEC) meeting in Abuja on Wednesday, the [...]

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    FG seeks $4.5bn loan from China, to invest it in agriculture

FG seeks $4.5bn loan from China, to invest it in agriculture

President Muhammadu Buhari has asked the ministers of finance, budget and national planning and the Central Bank of Nigeria (CBN) to sort out the technical details of a ‎$4.5billion loan from China.Abdulazeez Yari, governor of Zamfara state, disclosed this to journalists on Tuesday, after meeting with President Muhammadu Buhari.He said the loan would be invested in the agricultural sector.Yari said [...]

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    FG to sell bag of fertiliser for ‘less than N6,000’

FG to sell bag of fertiliser for ‘less than N6,000’

The federal government will put fertiliser on the market for less than N6,000 per bag, Audu Ogbeh, minister of agriculture and rural development, has said.Ogbeh reportedly gave the assurance when he appeared on News Agency of Nigeria (NAN) Forum on Sunday in Abuja.He said that Nigeria and Morocco have signed an agreement for Morocco to supply fertiliser to Nigeria."We’ve just signed [...]

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    Ogbeh: Threat of famine in Nigeria, an exaggeration

Ogbeh: Threat of famine in Nigeria, an exaggeration

The federal government on Sunday denied the reports of an imminent famine in the country as reported by some United Nations (UN) agencies. Audu Ogbeh, the minister of agriculture and rural development, made the denial when he featured at a News Agency of Nigeria (NAN) forum in Abuja.According to NAN, three UN agencies — Food and Agriculture Organisation (FAO), World Food [...]

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    Ogbeh: Modular refineries, only way to guarantee peace in Niger Delta

Ogbeh: Modular refineries, only way to guarantee peace in Niger Delta

Audu Ogbeh, the minister of agriculture and rural development, has said the introduction of modular refineries is the only way to ensure that the Niger Delta region is peaceful.A modular refinery is an easy-to-maintain/erect processing plant that is constructed entirely on skid mounted structures.It processes 2,000 to 15000 BPD of crude and can be disassembled and reassembled in another location.Speaking [...]

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    FG: We’ve uncovered the reason behind high cost of food, solution is next

FG: We’ve uncovered the reason behind high cost of food, solution is next

The federal government says it will force down price of food commodities by using railway to transport it across the country.The government had set up a committee to recommend ways through which the prices of food commodities would be slashed.Speaking with journalists after the committee submitted its report to federal executive council on Wednesday, Audu Ogbeh, minister of agriculture, explained [...]

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    Ogbeh: Ebonyi farmers need help… they’re still harvesting rice by hand

Ogbeh: Ebonyi farmers need help… they’re still harvesting rice by hand

Audu Ogbeh, minister of agriculture, says rice farmers in Ebonyi state are still in the business of harvesting by hand and with sickle.Speaking at the ongoing African Economic Conference in Abuja, Ogbeh said government would intensify support for local farmers, and sustain plans by Akinwumi Adesina, former minister of agriculture, to help local farmers via e-Wallet."There's a need to intensify support, [...]

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    FG: US-based Nigerians can return if Trump makes life difficult

FG: US-based Nigerians can return if Trump makes life difficult

Audu Ogbeh, minister of agriculture, says Nigeria will welcome its citizens in the US home if Donald Trump, president-elect, makes life uncomfortable for them over there.Speaking with state house correspondents after the federal executive council (FEC) meeting in Abuja on Wednesday, Ogbeh expressed shock at Trump’s victory.Ogbeh said Nigeria might re-tool its foreign policy if Trump turned out to be [...]

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    Buhari vows to check culture of waste

Buhari vows to check culture of waste

President Muhammadu Buhari has pledged that his administration would develop the nation’s assets on a permanent basis in order to check the culture of waste foisted on the country.The president made the pledge when he received Roelf Joosten, global chief executive officer of Friesland Campina, The Netherlands, at the presidential villa in Abuja.Buhari frowned at the level of waste being [...]

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    FG may shut down fertiliser plants for exploiting farmers

FG may shut down fertiliser plants for exploiting farmers

The federal government has threatened to shut down fertiliser plants in the country for selling its product to local farmers at “skyrocketed prices”.Audu Ogbeh, minister of agriculture and rural development, who handed down the threat, claimed the plants were starving local farmers access to much-needed fertiliser, instead exporting it.Ogbeh said this after allegations that “one of the two big urea [...]

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Exchange Rates

April 18, 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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