Poultry farmers in Lagos are lamenting the effect of the current egg glut and appealed to the government to assist in mopping up the produce. The NewsZenith reports that an egg glut is a situation where the number of eggs supplied in the market is greater than the demand. This causes an undesirable accumulation of […]
The World Bank has pledged to step up support to African countries with a special focus on their long-term development agendas, a senior bank official said. “We need to support long-term development agendas in Africa with particular focus on infrastructure, agriculture and other real sectors. These agendas will help remove bottlenecks and unleash growth,” World […]
Tanzanian President, Dr Samia Hassan,has launched Africa’s Food System Forum (AFSF) 2023 and calls for inclusion of youth and women as critical drivers of Africa’s food systems agenda. Hassan officially launched the forum described as ‘Africa’s premier platform’ for advancing the agriculture and food systems agenda in Africa. The theme of this year’s Forum is […]
Ecobank Nigeria Limited is partnering with the International Institute of Tropical Agriculture (IITA) to support 16,000 Nigerian youths in wealth creation through agriculture. The partnership will also train the beneficiary Nigerians between the ages of 18 to 40 years. The training will cover key areas like poultry, aquaculture, horticulture and value addition. Ms Ayo Osolake, […]
African Development Bank (AfDB), has signed a €362,000 (N177,485,927.72) grant agreement with Hadejia Jama’are Komadugu Yobe Basin-Trust Fund. In a statement, the bank said the grant would prepare additional studies under the second-phase of developing a strategic plan for managing water resources in the Komadugu-Yobe Basin in northern Nigeria. “Specifically, the grant will support the […]
The Central Bank of Nigeria (CBN) says it recorded N503 billion in repayment of loans under its Anchor Borrowers’ Programme (ABP), representing 52.39 per cent. Acting Director of Corporate Communications Department, Dr AbdulMumin Isa, announced this in a statement in Abuja on Monday. Isa said that the apex bank remained committed to its developmental mandate […]
Two agencies of the United Nations (UN) on Friday presented a 300-page report on coconut value chain analysis to the Lagos State Government. The agencies are the Food and Agriculture Organisation (FAO) of the United Nations and the United Nations Industrial Development Organisation (UNIDO). Mr Suleiman Abubakar, Assistant Food and Agriculture Organisation representative to Nigeria, […]
Sales of BMW and mini battery electric vehicles (BEVs) more than doubled year-on-year and reached 215,755 units in 2022, the BMW Group said on Tuesday. “We are confident we can build on this success in 2023. “This is as we continue to see high order intake for our fully-electric models,” BMW AG Board member, Pieter […]
Following a fresh outbreak of the deadly bird flu virus at a farm in west Denmark, authorities say they will cull 50,000 chickens. The country’s Ministry of Food, Agriculture and Fisheries announced this in a press statement in Copenhagen on Monday. “Deadly and highly contagious H5N1 bird flu virus infected the flock. “As a result, […]
By Our Correspondent The Federal Ministry of Agriculture and Rural Development (FMARD) has sought more collaboration with the Ondo State Government to enhance the agricultural sector. Mr Tony Otuonye, FMARD Coordinator in the state, made the call during a courtesy visit to the Commissioner for Agriculture, Mr Olayato Aribo, in Akure. Otuonye explained that he […]
