The Lagos State Government, under the leadership of Mr. Babajide Sanwo-Olu will be supporting over 3,000 agripreneurs in business come July 29, 2021, 70% of them being the youth and women.* Put into great consideration were the value chains most affected by zoonotic diseases and the pandemic, resulting in …
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Nigerians Borrow To Feed As Food Prices Soar Amid Stagnated Income
UN: Almost one in three globally go hungry during a pandemic • We earn as low as N900 daily, say factory workers The capacity of many households to purchase daily and essential needs are becoming tougher, going by the erosion in the value of incomes due to high inflation and …
Read More »Sallah: Rams everywhere, no money to buy
This year’s Eid-el-Kabir which is marked with the slaughter of animals is around the corner. Muslim faithful are in high spirits towards this very day At Old Abattoir in Garki, on Nyanya-Mararaba Road, Gwagwalada, Madalla and Anagada cattle markets, the price of livestock in the area have skyrocketed by …
Read More »How Mop-Up By Agencies, Neighbouring Countries Pushes Food Prices Up
Panic buying by federal government agencies, multi-nationals and merchants from Neighbouring countries is partly responsible for the hike in prices of assorted foodstuff in… Panic buying by federal government agencies, multi-nationals and merchants from neighbouring countries is partly responsible for the hike in prices of assorted foodstuff in Nigeria, Daily …
Read More »Trade Hub awards $1.4 million co-investment grant to OCP Africa to boost fertilizer production in Nigeria
The USAID-funded West Africa Trade & Investment Hub (Trade Hub) has awarded a US$1.4 million co-investment grant to OCP Africa Fertilizers Nigeria Limited (OCP Africa) to install modern blending equipment within its fertilizer blending plant facility under construction in Kaduna State, Nigeria. The blending equipment will help bridge the gap …
Read More »World Bank estimates Nigeria’s soaring inflation and food prices pushed seven million more people into poverty in 2021. With inflation rising around the world as the global economy recovers from the coronavirus pandemic, soaring prices are having dramatic consequences in countries like Nigeria. The number of people living in poverty in Nigeria …
Read More »Abuja Women Shop At Local Markets Due To Economic Situation
Village markets in the Federal Capital Territory (FCT), Abuja are fast becoming the favourite of elite women. While there are many modern markets in the city, these markets have become the one-stop-shop for the purchase of foodstuffs by elite women instead. Some of these women are usually seen in their …
Read More »Save Us; Flour Companies Are Killing Our Businesses, Bakers Beg FG
The Association of Master Bakers and Caterers of Nigeria (AMBCN), Abuja, has called on the federal government to intervene in the recent price hike of flour by Super Four Mill and Golden Confectionery, stressing that the hike is killing their businesses and may also render many jobless if no action …
Read More »Henkel Nigeria prioritizes local sourcing, aims for 100% backwards integration
Henkel Nigeria remains committed to creating sustainable value for its customers, consumers, employees, as well as for the wider society and communities in which it operates. One such measure is through its concerted local sourcing efforts and the provision of multilevel jobs in the country, which aligns with the government’s …
Read More »Honeywell Spaghetti Releases “Mini” Version As Food Prices Increase (Photos)
Nigerians on social media have expressed shock as Honeywell Flour Mill Plc release a new version of its Honeywell Spaghetti, Newsextra24 reports. The new spaghetti nicknamed “Mini” was released following the country’s continuous increase in food prices. @drinowrld reports that the “Mini” version is believed to be released for …
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