Tag: agriculture

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, […]

Poultry Farm
Business

Nigeria’s poultry industry may collapse by May – Operators

Operators in the Nigeria’s poultry sector and businesses have on Monday warned that the poultry industry may collapse before the end of May following the prolonged scarcity of Naira in the country. The Punch gathered that eggs were not being sold owing to the inability of consumers to purchase with cash. According to the report, […]

A picture of the Governor of Imo State presenting
Business

Imo to boost economy with agric export

The Imo State government has taken steps to boost the its economy by using the many opportunities that the agricultural industry presents. This was stated as an expert spoke during a webinar on Saturday organised by the state Commissioner for Commerce and Industry, Simon Ebegbulem. The Chief Economic Adviser to the state government, Professor Kenneth […]

NGF blames naira redesign, flood for agric sector's underperformance
Agribusiness featured

NGF blames naira redesign, flood for agric sector’s underperformance

The Nigeria Governors’ Forum stated that the country’s farmers experienced a major meltdown during the 2022 farming season as a result of the difficulties in the agriculture industry. It continued by saying that this year’s difficulties for farmers were made worse by the Central Bank of Nigeria’s policy to redesign the naira, excess of rain, […]