Sesame seeds, or beni-seeds as they are locally known, are among the most commercially viable crop critical to the agricultural economy of Nigeria. Despite the high viability of the crop, data from the Food and Agriculture Organization (FAO) shows Nigeria’s production of sesame has been
Nigeria’s wheat production has been so dismal that for a decade the country only managed to produce just about two per cent of all the wheat it consumed. Data from the United States Department of Agriculture shows that between 2010 and 2020, as the consumption
The scarcity of this essential commodity, which Nigeria happens to be its largest producer, is fast crippling the poultry sector. The price of soybeans, a major ingredient used for poultry feeds, has almost doubled in the last year, according to a market survey by PREMIUM
Nigeria officially banned the importation of rice two years ago, to improve the local production of rice. As Nigeria plans to increase the production of rice, 20 seed companies benefited from rice seed distribution by the Federal Ministry of Agriculture and Rural (FMARD) across the
The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL Plc), in collaboration with Royal Exchange General Insurance Company (REGIC), has developed the Hybrid Multi-Peril Crop Indemnity-Index Insurance (HM-II). A statement from NIRSAL said the move will have a significant positive impact on agricultural productivity
The Maize Association of Nigeria(MAAN), on Monday, pledged to continually support the Federal Government’s Agricultural policies and programmes. The National President of the association, Bello Abubakar, made the pledge in an interview with journalists in Abuja. According to Mr Abubakar, the association will support the government
Agriculture was the mainstay of Nigeria’s economy before the discovery of crude oil. From 1960 to 1969, the sector accounted for an average of 57.0 per cent of GDP and generated 64.5 per cent of export earnings. From 1970 to the late 2000s, the sector’s
Agricultural goods imported to Nigeria rose in value by 59.01 per cent in the second quarter of this year, compared to the first quarter and by 66.28 per cent compared to the corresponding quarter in 2019, while exports dropped by 38.2 per cent in Q2,
The Economic Commission of West Africa States (ECOWAS) in conjunction with its donors and financial partners has donated 3.399 metric tons worth of cereals as humanitarian assistance to support the most vulnerable populations affected by the COVID – 19 pandemic. This was disclosed in a statement on
Nigerian government has launched the Agriculture for Food and Job Plan (AFJP), a component of the Nigeria Economic and Sustainability Plan (NESP). The plan is to help mitigate the impact of COVID-19 on farmers and the economy. This was disclosed by the Minister of Agriculture