•Governor tours project site, shows excitement at progress Barring any exigency, the 32-metric tons per hour Rice Mill being constructed by Lagos State Government in Imota area of Ikorodu division will start operations before end of first quarter in 2022. Governor Babajide Sanwo-Olu gave this assurance after touring the project …
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Two Million Metric Tons Of Rice Smuggled Into Nigeria Annually – Senate Committe
The committee said, in 2021, the production of milled rice in Nigeria was estimated to amount to five million metric tons. The Senate Committee on Agriculture on Wednesday in Abuja said about two million metric tons of rice is currently being imported or smuggled into the country. This is just …
Read More »Nigeria Has No Reason To Import Food, Raw Materials – Buhari
President Muhammadu Buhari yesterday expressed his frustration with the continued reliance of Nigeria on imported food and raw materials, despite the abundant resources and knowledge available in the country. Buhari also admonished Nigerian universities to intensify their research to develop the COVID-19 vaccine to tackle the dreaded virus afflicting the …
Read More »Timipre Sylva: FG Has No Control Over The Price Of Cooking Gas
https://www.youtube.com/watch?v=dsKAh_azljs The Federal Government, yesterday, declared it has no control over rising prices of cooking gas in the country. This came as President Muhammadu Buhari expressed concern over sundry developments, especially as the global market determines gas prices. Buhari has also directed Minister of State for Petroleum Resources, Timipre Sylva, …
Read More »Nigeria Leading Globally In Yam, Cassava, Rice Production – Minister For Agriculture
Since the past three years Nigeria has been leading globally in the production of yam, palm oil, cassava, maize and rice, the Federal Government has said. Minister of Agriculture and Rural Development, Muhammed Mahmoud, disclosed this at the maiden edition of the National Agribusiness Stakeholders’ and Investment Summit in Abuja …
Read More »FG Have Disbursed ₦56.84bn Survival Funds To 835,161 Beneficiaries – Minister
The Minister of Industry, Trade and Investment, Chief Niyi Adebayo, has disclosed that a total of N56.84 billion had been disbursed to operators of micro, small and medium scale enterprises (MSMEs) in Nigeria, out of the N75 billion Survival Fund earmarked by President Muhammadu Buhari’s government. The minister said this …
Read More »Traders Lament Low Sales As Food Prices Soar In Lagos
Many traders in major markets across Lagos have complained about low patronage, noting that the soaring cost of food items is affecting the sales of commodities, including rice, eggs and many others. For traders at the popular Ketu market, most prices of food items have escalated in the last few …
Read More »High Food Prices Could Push 6 Million More Nigerians Into Poverty – World Bank
The World Bank says the increase in food prices could push additional six million Nigerians into poverty — calling on the government’s attention for short-term policies to support welfare. The Washington-based institution stated this in its latest report titled ‘COVID-19 in Nigeria: Frontline Data and Pathways for Policy’. In June, …
Read More »FG Moves To Reduce Food Prices
The Minister of Agriculture and Rural Development, Dr Mohammed Abubakar, has said the federal government is doing everything possible to bring up stimulus that will cause a reduction in food prices. There has been a steady rise in the prices of foodstuff in Nigeria in the past months. The minister …
Read More »Henkel set to develop future Science champions with Forscherwelt launch in Nigeria
Henkel, in its global quest to cultivate interest in science education, especially in locations where it has its operations is set to officially launch its Forscherwelt programme at People’s Primary School, Ibadan. Forscherwelt, or “Researchers’ World” is an educational initiative designed by Henkel to introduce children into the fascinating world …
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