The federal government has unveiled a $3.14 billion agricultural investment portfolio under the Food and Agriculture Organisation’s (FAO) Hand-in-Hand Initiative, targeting five high-impact value chains of tomato, cassava, maize, dairy and fisheries. Minister of Agriculture and Food Security, Abubakar Kyari ...
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Lafarge Africa Joins Ogun State In 1m Tree Planting Mission
Lafarge Africa Plc, a leading innovative and sustainable building solutions company and manufacturer of a range of cement brands, partnered with the Ogun State Government to commemorate Ogun Tree Planting Day 2025 by embarking on a large-scale tree planting exercise ...
Read More »NSIA Grows Fertiliser Plants From 4 to 92, Transfers PFI Management To MOFI
The Nigeria Sovereign Investment Authority (NSIA) has marked a significant milestone in Nigeria’s agricultural sector by expanding the number of operational fertiliser blending plants from just four in 2016 to 92 as of July 2025. This achievement was highlighted during ...
Read More »NADF Unveils Gender-inclusive, Climate-smart Agric Finance Model
National Agricultural Development Fund (NADF) in collaboration with the German Development Cooperation (GIZ) has unveiled an agricultural financing framework designed to be both gender-inclusive and climate-smart. The framework is a shift from traditional credit systems toward a more holistic, equitable ...
Read More »BATNF Partners SWAgCo To Strengthen Agriculture, Empower Smallholder Farmers
The BATN Foundation (BATNF) said it has embarked on a constructive partnership with Odu’a Investment Company Limited’s agribusiness investment arm, SWAgCo, aimed at revitalising the agricultural sector in the Southwest region. The Memorandum of Understanding (MoU) was signed during the ...
Read More »Nigeria Apprehensive, Foot Drags On AfCTFA Commitment Over Import, Trade Imbalance
Although Nigeria is already a signatory to the African Continental Free Trade Area (AfCTFA) agreement, it is not yet fully committed itself to the trade agreement due to apprehension over increased importation of goods and services that may cause an upset ...
Read More »Nestle Nigeria Grows Revenue By 75.2% To N958.8bn
Nestle Nigeria Plc has posted a revenue growth of 75.2 per cent N958.8 billion for the financial year ended December 31, 2024. The Company’s operating profit improved by 35.6 per cent to N167.9 billion, while earnings before interest, taxes, depreciation ...
Read More »Food Production: Nigeria Receives First Batch Of Farm Implements From Belarus
The Federal Government has received the first batch of 2,000 tractors and 9,027 other farming equipment from Belarus as part of efforts to enhance mechanised farming and accelerate food production across the country. The Special Assistant to the President on ...
Read More »UK Signs $40.5m Investment Deal To Boost Nigeria’s Cocoa Sector
British International Investment (BII), the UK’s development finance institution has inked an investment deal of $40.5 million with Johnvents Group, an agribusiness industry to enhance Nigeria’s cocoa production. The investment is expected to grow the cocoa sector, improve its global ...
Read More »EMERGENCY DECLARATION ON FOOD…Poor Implementation Mars 19-month Exercise
…Govt is unserious, say experts …Want state governments’ buy-in …Impact not felt – Prof Amalu Nearly two years after the federal government declared a state of emergency on food security, experts say the food crisis has worsened rather than improved. ...
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