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Tag: agriculture

Bags of Fertilizers
Agribusiness

Nigeria imports over 560,000mt of fertilizer raw materials in 2025

The Ministry of Finance Incorporated has revealed that Nigeria imported over 560,000 metric tonnes of fertilizer raw materials in 2025 alone, underscoring the Federal Government’s determination to guarantee steady access to agricultural inputs under the Presidential Fertiliser Initiative. According to MOFI, at least 10 vessels have already discharged or are expected to discharge fertilizer raw […]

Food

FG unveils agric incentives, targets 21m jobs creation

The Federal Government has announced new agricultural incentives aimed at generating 21 million jobs and boosting food security. Vice President Kashim Shettima unveiled the reforms at the Food and Agriculture Organisation’s National and Subregional Hand-in-Hand Investment Forum in Abuja. According to Shettima, Nigeria can secure food sufficiency by fully tapping its irrigation capacity. “Strategic investment […]

Import duty suspension on food items to stop November - Minister
News

Import duty suspension on food items to stop November – Minister

The Minister of Agriculture and Food Security, Abubakar Kyari, announced that the federal government’s suspension of import duties on certain food items will remain in effect only until the next harvest, expected around October or November this year. Kyari made this statement during an interview with Channels TV in Abuja on Sunday. Kyari explained that […]

FG signs €995m deal to boost Nigerian agriculture sector
News

FG signs €995m deal to boost Nigerian agriculture sector

Melvin onwubuke Minister of Agriculture and Food Security, Senator Abubakar Kyari has said the federal government has secured a €995 million deal between the Brazilian Government, and the German Deutsch Bank Group to finance a Green Imperative Programme in Nigeria. This was disclosed in a statement on Monday in Minna, Niger State, according to nairametrics. […]

Dry season farming to create 10m jobs - FG
Business

Dry season farming to create 10m jobs – FG

The Federal Government stated 5–10 million jobs would be created nationwide by farming during the 2024 dry season. According to The PUNCH, When the Federal Ministry of Water Resources and Sanitation hosted the 30th regular meeting of the National Council on Water Resources and Sanitation in Abuja, it revealed this information. It was revealed last […]

Agric dealers create team to address unethical behaviour
Agribusiness

Agric dealers create team to address unethical behaviour

Agric dealers create team to address unethical behaviour Dealers of agricultural inputs established a compliance monitoring team on Thursday in an effort to address the persistent instances of malpractice in the distribution and sale of agricultural commodities around the country. The PUNCH reported that the task force was introduced in Abuja by operators working under the […]

Real estate lunk agriculture with $900bn dead capital - PwC
Real Estate

Real estate lunk agriculture with $900bn dead capital – PwC

PricewaterhouseCoopers Nigeria has stated that Nigeria may have dead capital stashed away in residential and agricultural real estate valued up to $900 billion. The PUNCH reported that this was said in a recent research by the worldwide professional services network titled “Nigeria Economic Outlook: Seven trends that will shape the Nigerian economy in 2024.” It […]

How to strengthen Nigeria's fragile food, agriculture system - Expert
Agribusiness

How to strengthen Nigeria’s fragile food, agriculture system – Expert

An expert in innovation and development, Prof. Banji Oyelaran-Oyeyinka, has proposed fixes for Nigeria’s frail food and agricultural system. This was stated by Oyelaran-Oyeyinka, who until recently served as acting Director of the United Nations-Habitat Regional Office for Africa in Nairobi. He said this during a talk he gave on Thursday at the Africa Social Impact […]

Experts seek partnership for sustainable agribusiness
Business

Experts seek partnership for sustainable agribusiness

Those involved in the agro-industry have been urged by the International Institute of Tropical Agriculture to partner with, invest, and give youths more influence in order to make the sector more profitable and productive. The Innovative Youth in Agriculture hosted an agribusiness investors network at the Ecobank Headquarters in Lagos, and this was the main presentation. In his […]

World Bank approves $300m support package for Ghana's economic recovery
Agribusiness

FG, World Bank inspect Enugu’s N350 million agro-processing projects

The World Bank and as well as a delegation from the Federal Ministry of Agriculture and Finance on Saturday toured several multimillion Naira agricultural produce processing facilities that have been established in Enugu State. The initiatives under the Agro-Processing, Productivity Enhancement and Livelihoods Improvement Support initiatives are located in 15 centres across the state’s three senatorial […]

Focus on agriculture in fight against poverty - Agric expert tells Tinubu
Agribusiness

Focus on agriculture in fight against poverty – Agric expert tells Tinubu

A specialist in animal breeding and genetics as well as agricultural business, Dr. Olaiwola Ogunpaimo, has urged President Bola Tinubu to prioritize agriculture, particularly crop and livestock production, fisheries, and forestry in order to lower the unemployment and poverty rates in Nigeria. According to Vanguard, Ogunpaimo emphasized the need for significant investments in the agriculture sector […]

Only four Nigeria states attract foreign investment in Q4 - Report
Agribusiness Oil and Gas

How Nigeria spent N6.7trn on agric imports in five years – NBS

Figures from the National Bureau of Statistic shows that Nigeria spent N6.7 trillion in total over five years on the importation of agricultural goods. According to Nairametrics, this amounts to 7.6% of the N89.2 trillion in imports that were documented over the previous five years. Although government policies toward agriculture have changed throughout the years, […]

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