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Tag: agriculture

Nigeria’s cashew sector challenges remain despite new facilities

Nigeria’s Commodity Exchange recently commissioned cashew nuts processing and warehousing facilities at Egume/Ochaja, Dekina Local Government Area of Kogi State to minimise losses incurred as a result of delayed export of the crop. The facilities are to serve as the point for stacking, weighing, and evacuation of cashew nuts from

NIRSAL, Royal Exchange launch hybrid insurance scheme for Nigerian farmers

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 and assure income for farmers.

Maize farmers to support FG’s food security drive

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 “once the policy and programmes

Mid–crop harvest: What cocoa farmers are saying

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 contribution to GDP and export

ECOWAS donates 3.4 metric tonnes worth of cereals to Nigeria

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 Monday by Ezeaja Ikemefuna, for

Zimbabwe: Could Agriculture Be Zimbabwe’s Way Out of the Dark?

Amid a deteriorating political and economic context, there is one sector that Zimbabwe can look to for hope: agriculture. However, for agriculture to pull Zimbabwe out of the dark, the government needs to better harness the potential of the country’s land and water resources. A recent report by the African

Product could be solution to fall armyworm in Africa

A product being tested for increasing crop yields has also been found to have the potential to combat fall armyworm in Sub-Saharan Africa. Africa has been infested by fall armyworm since 2016, a pest that completely destroys crops especially maize and beans and spreads faster threatening food security in the region. The product

Nigeria makes progress in releasing ‘untapped potential’ in palm oil

Pressured by the slide of crude oil prices, Nigeria’s government has introduced a slew of reforms targeted towards diversification of the economy, with agriculture being a focus sector. In July 2016, the agriculture ministry released the Agricultural Promotion Policy to double the growth rate of agriculture against overall GDP growth