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Agriculture
FG launches $73m fund for sugar irrigation

FG launches $73m fund for sugar irrigation

The Federal Government has officially launched a $73 million intervention fund for sugar irrigation, in a bid to boost Nigeria’s  Sugar backward integration programme. This was signed on Tuesday between the FG and operators of…

Agriculture
FG begins disbursement of wheat seeds to farmers

FG begins disbursement of wheat seeds to farmers

The Federal Government has commenced the disbursement of 1,035 metric tons of wheat seed and inputs to farmers in Kaduna, Katsina and Kano states. This was disclosed on Thursday by Minister of Agriculture and Rural…

Agriculture
World Bank approves $700m agro-climatic projects in Nigeria

World Bank approves $700m agro-climatic projects in Nigeria

The World Bank has announced that it has approved $700 million from its International Development Association (IDA) for the Nigeria Agro-Climatic Resilience in Semi-Arid Landscapes (ACReSAL) Project. The World Bank disclosed this in a statement on Friday,…

Agriculture
Commissioner says Lagos agriculture ministry generated over N1b IGR in 2021

Commissioner says Lagos agriculture ministry generated over N1b IGR in 2021

Lagos State Commissioner for Agriculture, Abisola Olusanya has disclosed that the State Ministry of Agriculture generated over N1 billion internal revenue in 2021. She said this at the 2021 Lagos food fest held on Sunday…

Agriculture
CBN threatens to arrest farmers who fail to pay back loans

CBN threatens to arrest farmers who fail to pay back loans

The Central Bank of Nigeria has stated that farmers who default in paying back loans gotten from the Anchor Borrowers’ Program will be arrested and locked up until they pay back the loans. This was…

Agriculture
Firm targets 100,000 farmers for support to improve on wheat production

Firm targets 100,000 farmers for support to improve on wheat production

The Lagos Commodities and Futures Exchange (LCFE) has partnered with Heritage Bank to support over 100,000 farmers in wheat production. This was disclosed by the Managing Director, LCFE Akin Akeredolu-Ale, while addressing commodity ecosystem operators…

Agriculture
France stakes €200,000 to enhance skills of Nigerian women in agriculture

France stakes €200,000 to enhance skills of Nigerian women in agriculture

The Government of France has invested €200,000 towards enhancing the rural women’s skills in producing higher value-added agricultural products and in leading their agri-food enterprise in Nigeria. A statement by French Embassy in Nigeria said…

Agriculture
CBN says it has disbursed N864b to farmers under Anchor-Borrowers’ Scheme

CBN says it has disbursed N864b to farmers under Anchor-Borrowers’ Scheme

The Central Bank of Nigeria (CBN) reported that it has so far disbursed the sum of N864 billion to 4.1 million farmers cultivating 5.02 million hectares of land under its Anchor Borrowers’ Programme (ABP). This…

Agriculture
AfDB to spend $110m on Kano Agricultural Processing Zone

AfDB to spend $110m on Kano Agricultural Processing Zone

The African Development Bank (AfDB), has budgeted the sum of $110 million to fund projects under the Special Agricultural Processing Zone in Kano State. This was disclosed in a statement by the Kano State Governor,…

Agriculture
GDP: Nigeria’s agriculture sector records growth of 1.22% in Q3 2021

GDP: Nigeria’s agriculture sector records growth of 1.22% in Q3 2021

Nigeria’s agricultural sector grew 1.22% (year-on-year) in real terms in the 3rd quarter of 2021. This is a decrease of 0.17% points from the corresponding period of 2020, and a decrease of 0.08% points from…